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Hello all, Please validate the idea. Food tech solution which enable people to subscribe meal for breakfast, lunch, snacks and dinner to their office, home, gym any places they want. USP: 1. They can unsubscribe food for the day and the money

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Anonymous

Anonymous 4

Stealth • 2m

Continuation, for a one-size-fits-all subscription becomes questionable. Consumers can also use AI tools like ChatGPT to create customized diet plans, further diminishing the need for a rigid subscription model. A 2022 survey by Deloitte found that 71% of consumers prefer personalization in their food choices, which is often better achieved through on-demand services rather than subscriptions.The subscription model also struggles with high customer churn rates. McKinsey & Company reported in 2021 that subscription services, including meal kits, experience a churn rate as high as 39% after just six months. This is largely due to the lack of variety and the inflexibility that subscriptions offer compared to the pay-as-you-go options available on platforms like Zomato and UberEats.Given these factors, it’s clear that while a subscription model may offer some benefits, it pales in comparison to the convenience, variety, and flexibility offered by established on-demand platforms.

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