There's this crazy pattern about Zomatoās 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
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Soumyadip Dey
StealthĀ ā¢Ā 10m
Customer buy gold membership>
Then starts order frequently due to high customer loyalty and frequent discounts and offers>
When volume gets bigger there's the game
While they make less profit on gold membership they can earn much through platform fee
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Havish Gupta
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How do Zomato and Zepto memberships work?
They offer them at dirt-cheap prices, yet the discounts and free delivery benefits costs much more than the membership price. So, how does that financially work?
Zomato has reduced their discounts significantly. All these marketing gimmicks are just to divert our attention from that, so they can silently become more profitable.
They havenāt diverted my attention at least. They have lost me as a customer. I u
Met an electronic appliance dealer today
Interestingly, they earn higher margins(%) on smaller appliances like mixers and electric cookers compared to ACs and fridges
Why?
People research and inquire more about bigger appliances.
Companies often off
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Aarihant Aaryan
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Indians love gold and have so much emotional connection,
afterall Indian households own 11% of total gold in the world
But what you need to know is how malabar gold won just by understanding consumer emotions towards gold
Malabar Gold was launche
Zomato hikes platform fee for users; pauses these deliveries
Zomato hikes platform fee for users; pauses these deliveries
Zomato increased platform fee to Rs 5/order in major cities, aiming to enhance earnings. Swiggy charges Rs 5, with some users f
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I have a startup idea that involves creating a web or mobile application that allows users to purchase a membership for a specific gym. However, unlike traditional gym memberships, this app would offer flexibility by allowing users to access other gy
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Rajan Paswan
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Hack Used By Startup #9
Zappos This USP Made Their Company Eventually Acquired by Amazon for $1.2 Billion!!
The Problem:
Zappos, an online shoe retailer, faced intense competition and needed a way to stand out.
The Idea:
Zappos decided to focus on