Founder @Internspace... • 10m
Hi Medial Community, please validate the following idea Tired of paying double prices and high delivery fees on your favourite food items and watching restaurants struggle with commissions? What if there was a food delivery app where everyone wins—r
Entrepreneur | Build... • 10m
Even I discussed the same idea - Delivery fee will be given from costumer to rider , Flat cost on each order . but at the end revenue will be super low , so instead of flat - we can go for minimal commission 10% flat commission ..
If we still go with commission based model, competition will kill is easily, ik revenue will be low but the retention rate will be amazing, drivers and their families will be happy, restraunt owners will be happy and profitable, sometimes its more th
i totally understand your vision and just wanna ask have you counted the numbers ? have you done calculations with flat rates and expenses ?
Yes i have been doing that from last 2-3 days this idea can roughly make 16-18% of what zomato and swiggy make yearly
That's very low brother + when we add expenses it'll be loss making venture
Expenses are controlled right? Some of them are sudden but most of the companies spend money based on what they are earning.... According to me we can keep the expenses low...major chunk will be tech, yeam and marketing....and anyone can control thes
True tho, but still there are some fixed expenses that'll take the most of revenue .
Ya maybe, but we won't know untill we try...no entrepreneur fears losses 🙂
Actually are you working on it ?
Currently planning out things and researching a lot on this one... I genuinely think that this model can disrupt this industry...
Indeed it can, but it might not be sustainable for long run
Currently its just v1 of the model as the company grows and challenges change the model will be evolved accordingly, and even if it doesn't sustain we can still pivot to another unique model...its my perspective idk how right or wrong iam 😓
You know your stuffs , you better start working on the idea
Would you like to join?
Sure , just give me some details over linkedin ..
Low prices best qual... • 1y
Just starting my business can anyone give me some recommendations
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want to create / post content here , but not sure what should I post can you guys give me some ideas ??
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Fiverr • 1y
Hey Medial team, Just take me in your team, I'll be a great tester for your app. And I can make your website with all details of your app, download links, contact details, just give me a chance guys trust me. Just reply anyone from team and I'll
SELF • 1y
‼️ Got this amazing chart over linkedin - might me helpful for you guys
Entrepreneurial mind... • 1y
Can any of you guys just give me some names of travel and tourism apps based in india?
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plz give me some business ideas
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