Six out of ten restaurants close within their first year due to the high costs of managing operations, especially food delivery. Both large chains and small eateries face hefty fees from existing platforms, shrinking the
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What is your model gonna be to become profitable? VC money only lasts so long. Both Zomato and swiggy has optimized so many things during their journey, but if you are starting now, you have to do the optimization from scratch. Experiment on various models and all. Unless you have a paradigm shifting model, like for example drone delivery which is cheaper than a delivery person, it is hard to compete. Or a robots which cook the dish, and these act like cloud kitchens. These are the next big things that can change the status quo, or else, small changes in the existing models is difficult. These guys have optimized on the existing model.What I mean to say is whatever model you come up with, it probably wont be better because they already have lots of experience and lots of data, tried so many models and their algorithms are tuned for maximizing profit from users.So intuitively, you might feel some other model might be better but most probably it is not. Lets say, you found a unique model which they haven't tried, they'll just update their model copying yours. Unless it is a radically different paradigm, which changes the way food is prepared or delivered or consumed, I don't think it is possible to compete with them right now. Or someone like Reliance who has a lot of money, and who can afford to lose some can put in the money and capture it. Instead, it would be easier for Reliance to acquire them. Nb: The above thoughts are personal only
If you are fighting on price point it will bring two problems firstly low profits or no profits and secondly your competitors have huge amount of fundings which will ultimately crush this cost effective mindset any counters?
How would you guys make money then ????
If you guys support ofc we will make it big🙌
Yeah sure , must try !!
Not feasible but possible 😉
How will you generate revenue after offering features to restaurants and customers, as it's not a charity? Also, if you're onboarding restaurants already on Zomato and Swiggy, won't they just pocket the savings from your zero commission while still charging high prices like on those platforms?
Ondc platform already exists but it is not feasible in all the areas , they r limited to only specific areas later on they are goin to expand the bussiness . If then wht is u r future plan wen ondc occurs whats u r plan to beat them
Zomato also provides B2B solutions and they already have a very good relation with restaurants and any new player can't enter into this so simply this idea isnt executable
We are going to provide B2B services to restaurant and generate revenue from that source.... We are going to charge only for B2B services which are required for them.... Our Main Goal is to Build a platform that helps both consumers and Restuarants.
Difficult to Survive in this Industry, Plan accordingly and excute 🙏
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