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Karan Sahu

Learner|Earner|Keepe... • 8m

My Understanding of this Food rescue feature I think the best way is still to discourage cancellations. Half of the cancellation fee is paid by the first buyer who cancels, and more than half is paid by the person who receives the discount. In the end, Zomato is the one who profits rather than loses money. Yes, you can argue that the cancellation fee is not 50%, and the discounted price for cancelled orders is not 50%, but eventually things will come down to this or, at the very least, zomato will incur some loss at the cancellation part by only taking around 30% as a cancellation fee, but this will result in a small 20% profit for the end user, making it insignificant for the same user to pursue fraud but will encourage someone new to grab a big 50-60% discounted order. it will still keep financials sustainable for zomato. Also thing to discourage is the same IP address. and also prohibiting cancellation after reaching the 500 m radius of the delivery point.

5 Replies

Replies (5)

Anonymous 3

Hey I am on Medial • 8m

The 50-60% discount might sound like a win for customers, but it could also create a culture of gaming the system, especially if people figure out how to exploit it.

Anonymous 2

Hey I am on Medial • 8m

But it’ll be a fine line between discouraging cancellations and not turning off genuine customers

Anonymous 1

Hey I am on Medial • 8m

Zomato’s approach makes sense

Havish Gupta

Figuring Out • 8m

Agreed, that makes sense

SamCtrlPlusAltMan
•

OpenAI • 8m

💯

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Anonymous

Hey I am on Medial • 2m

someone is messaging me convert your app to paid in playstore , i will buy will different mails , give half of the account which has been paid to Play store, u take another half amount, iam feeling it's like scam ? can anyone experienced it ? tell me

AKSHAT VARAHAGIRI

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Food delivery platform Zomato has increased its platform fee for customers by 25% to Rs 5 per order, effective April 20. The fee increase, applicable in key markets including Delhi, Bengaluru, Mumbai, and Hyderabad, is expected to boost the company's

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Shreyas Ramdasi

Mechanical Engineer • 1y

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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Pharmsea Interlinks

Hey I am on Medial • 3m

Is 1% upfront fee required to be paid to investor before he makes any investment?

5 Replies

Chamarti Sreekar

Passionate about Pos... • 8m

😲 Another crazy Zomato marketing strategy - imagine buying someone else's order for half the price! Here's the genius move: • Cancelled orders? Now available at 50% off • Offered to nearby customers instantly • Fresh food, slashed prices • Zero was

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Anonymous

Hey I am on Medial • 10m

What's the revenue model for Zomato/swiggy apart from their platform fee they are charging?

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Pharmsea Interlinks

Hey I am on Medial • 3m

IS 1% UPFRONT FEE REQUIRED TO BE PAID TO AN INVESTOR BEFORE HE MAKES ANY INVESTMENT.

1 Reply

gray man

I'm just a normal gu... • 7m

Flipkart may start charging Rs 20 fee on cancelling orders: report Screenshots shared on X indicate that Flipkart users who cancel their orders after a certain time will be charged a Rs 20 cancellation fee. It suggests that the platform will soon p

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Armaan Nath

Startups | Product • 6m

Zomato is really quick in decision making 🚀 A user on LinkedIn expressed his concern towards a new fee -- "veg mode enablement fee" and here's what Zomato's CEO Deepinder Goyal answered.