Founder • 7m
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.
Entrepreneur | ui&ux... • 1y
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
See MoreMechanical 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
See MorePassionate about Pos... • 7m
😲 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
See MoreI'm just a normal gu... • 6m
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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