Wtf are Zomato and swiggy charging platform fee tho they take commission from seller ? Weird, nvm it's working for them tho. In business perspective it's good but in customer's perspective it's not good.
What you all think
The concept of platform fees charged to consumer is not new and is actually good. Because it's generally few rs, so consumer dont mind paying it and proves good for these companies to become profitable.
Good Evening Everyone,
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Vishu Bheda
ย โขย
Medialย โขย 5m
This airline sold tickets for just 10 euro and charged for almost everything else.
But instead of failing, it became Europeโs most profitable airline.
Hereโs how Ryanair turned extreme cost-cutting into a billion-euro success story:
Ryanair change
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6 replies19 likes
Keshav Agarwal
Ready to Create valu...ย โขย 1y
I have an Idea to make a ride hailing service platform with Electronic rickshaws for both consumer and business logistics which will cater to the following problems
Lack of Mobility and Transport platform for E-Rickshaw Drivers to have a good relati
What is Menu to Platform Price Difference?
It refers to the gap between the actual in-restaurant menu price of an item and the price listed on a food delivery platform like Swiggy, Zomato, etc.
Why does this difference exist?
1. High Commission F
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4 replies10 likes
Jaswanth Jegan
Founder-Hexpertify.c...ย โขย 11m
โHow Zerodha disrupted stock broking industry โ
Disruption Diaries #1
Zerodha was founded by two brothers Nithin and Nikhil Kamath in 2010.Nikhil began his career as a trader at a young age,he faced high brokerage fees,complex processes,outdated tr
Do indians really use online platforms, 50 % of population basically youth is using online platforms for purpose of purchasing food and other items basically an average order value of 1500 rs but there are much more things in life we pay for, like tu
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2 replies5 likes
Bb
Hey I am on Medialย โขย 2m
Hi,
I am a chartered accountant by profession in job. I have an idea to launch a free CA services to startups in their initial years until their first sales. They only need to pay the regulatory charges which government body charges and nothing for C
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1 replies5 likes
PRATHAM
ย โขย
Medialย โขย 10m
Handling Charge, Platform Fees and priority fee are they even actually fees ?
Are You serious, Platform Fees? Wtf it even means, you provide platform to order food and you are charging it from customers , where you are already taking 20-30% of food
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1 replies6 likes
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 1y
There's this crazy pattern about Zomatoโs platform fees.
And this might be the single most profit-making strategy for its food delivery vertical.
Consider this chronology:
..
Q2FY24- Platform fee of Rs 2 introduced in August.
Q3FY24- Platform fe