Stealth • 2m
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
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...
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Hello engineers (IT sector , working professionals) How much engineering mathematics which you studied during your graduation are you actually using.
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what are you working on rn??👀
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What Are You? If Startup Founder or Working Professional do share brief detail about it on comments.
name your startup, you are currently working on! do have an mvp!
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i am working on an side project its an ai app that will help students predict question paper? what are you thoughts on it my medial folks.
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I'm working on a new platform for the art community, I'm in search of people to work with on it. Leave a message if you are interested.
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Has anyone here working on Carbon emission ? Are you guys aware of carbon trading!
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