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INTRODUCTION: .................................................................................. 4
GROWTH OF ONLINE FOOD DELIVERY START-UPS: ............................. 7
1. SWIGGY: ...................................................................................... 8
SWIGGY BUSINESS MODEL & INNOVATIVE STRATEGIES
...................................................................................................... 9
2. ZOMATO ...................................................................................... 10
ZOMATO BUSINESS MODEL & INNOVATIVE
STRATEGIES: ............................................................................. 11
SOME OF THE STRATEGIES OF ZOMATO ARE AS FOLLOWS: ........... 11
3. Food Panda: ................................................................................. 12
4. FAASOS ........................................................................................ 14
ZOMATO ........................................................................................... 15
SWOT ANALYSIS ZOMATO................................................................. 17
STRENGTHS IN THE SWOT ANALYSIS OF ZOMATO ......................... 17
WEAKNESSES IN THE SWOT ANALYSIS OF ZOMATO ....................... 21
OPPORTUNITIES IN THE SWOT ANALYSIS OF ZOMATO .................. 22
THREATS IN THE SWOT ANALYSIS OF ZOMATO .............................. 23
MARKETING MIX OF ZOMATO .......................................................... 24
PRODUCT - IN THE MARKETING MIX OF ZOMATO: ........... 24
PRICE - IN THE MARKETING MIX OF ZOMATO ................................ 25
PLACE - IN THE MARKETING MIX OF ZOMATO: .............................. 26
PROMOTIONS - IN THE MARKETING MIX OF ZOMATO: ................. 27
PHYSICAL EVIDENCE: IN THE MARKETING MIX OF ZOMATO: . 28
PEOPLE: IN THE MARKETING MIX OF ZOMATO: .......................... 29
PROCESS: IN THE MARKETING MIX OF ZOMATO: ........................ 29
SWIGGY ............................................................................................. 30
SWOT ANALYSIS ................................................................................ 30
STRENGTHS .................................................................................... 30
WEAKNESSES .................................................................................. 31
OPPORTUNITIES ............................................................................. 31
THREATS ........................................................................................ 31
MARKETING MIX OF SWIGGY ............................................................ 32
PRODUCT - IN THE MARKETING MIX OF SWIGGY: .......................... 32
PLACE - IN THE MARKETING MIX OF SWIGGY :............................... 33
PRICE - IN THE MARKETING MIX OF SWIGGY : ............................... 34
PROMOTION - IN THE MARKETING MIX OF SWIGGY : .................... 35
FOODPANDA ..................................................................................... 36
MARKETING MIX OF FOODPANDA .................................................... 37
Product in the Marketing Mix Of Foodpanda: ................................ 37
PLACE IN THE MARKETING MIX OF FOODPANDA : ......................... 38
PRICE IN THE MARKETING MIX OF FOODPANDA : .......................... 39
Promotions in the Marketing Mix Of Foodpanda: .......................... 39
INTRODUCTION:
Start-ups in India have become the new trend setters and talk-
of the-town in the global business economy since the past few
years. These companies led by young Indians have been
inspired to take up various challenges to address the concern
areas of Indian consumers and extend them with various
products and services at reasonable prices. The tech savvy
youth are geared up with a variety of ideations for their start-
ups to capture the mindshare of people with differentiated
technology, innovative products and pioneering services. The
current generation is high on confidence, prefers to lead their
life much more comfortably and therefore have brought in
valuable solutions to improve the life of others around them.
The Indian start-ups are finding that their secret ingredient for
success in life is indeed, Food. There are too many players
today fighting to win the consumers hearts literally through their
bellies. Food technology is the flavour of the season for Indian
start-ups. But contrary to popular opinion, it is not about IT but
innovation in the food experience provided to the consumer
using real food technology. It is not about fancy Smartphone
technology and apps but about breakthrough food technological
Process used to create innovative food products and
experiences to the consumer. After grocery, food delivery is
emerging as the next big frontier for India’s largest e commerce
companies. Indian food delivery market is valued at 15 billion
dollars and set for an exponential growth. Food delivery has
become a very competitive market in India. The growth of
online food ordering a delivery platform by mobile apps has
made businessman awake and take notice. Some popular food
hubs like swiggy, Foodpanda, grubhub and hungry house are
feeding the world online and making profits.
The piping hot Indian Food tech industry is slated to reach $78
billion by 2018 growing at 16% Year on year. However, the
picture is not rosy as it appears. Despite the vast potential of
this sector, many players that jumped into the food tech fray
either downsized like zomato or completely shut down.
Currently out of 105 Food tech start-ups in India, only 58 are
currently operational.
The irony is that none of the players have touched upon the top
portion of the value chain which is food itself. Also the
fundamental reason behind the shutdown of so many Food
Tech start-ups all the players are mere clones of one another
completely lacking in any differentiation and innovation.
GROWTH OF ONLINE FOOD DELIVERY
START-UPS:
Indian Tier-1 cities such as New Delhi, Mumbai and Kolkata have
been witnessing traffic jams caused by an increase of late in the
number of vehicles on roads and a heavy density of population. This
has amplified the time to travel within a city, and created a paucity of
time for working Indians in these metropolitan towns. As a result,
more and more Indians have started ordering from online food
delivery services, rather than cooking at home. The number of
households eating at home every day witnessed a visible decline. This
decline resulted in a large proportion of the household/consumer base
ordering food in, thereby helping to drive the growth of 100% home
delivery.”
More than 80% of orders are now coming from the top five cities in
India, out of more than 20 cities where online food delivery is active
in this country. Due to this concentration of orders, food delivery
players in India have limited their expansion to newer towns and are
now are focusing on achieving operational efficiencies and
profitability in Tier 1 cities only. To garner a bulk of the share in this
nascent market, which has witnessed the entrance of new players from
stables of global behemoths such as Google and Uber, Indian start-ups
such as Swiggy and Zomato have taken steps including fundraising or
making acquisitions in order to protect and gain their market share.
1. SWIGGY:
2. ZOMATO
Zomato has forayed into the events space by partnering with restaurants
and creating exclusive events. They make a sale through the price of the
tickets. A lot of Zomato hosted new-year parties were held. Very late to
the game, Zomato started their online delivery service. Different from
other players like Swiggy, Zomato does not have their own delivery
system, they let users place the order through the website or the app
and the restaurant fulfil that order through by their own..
3. Food Panda:
ZOMATO
Zomato is credited for being one of the few brands to have become
successful in content marketing. One of their content marketing
strategies, in fact, the main strategy, is the vast use of images to
promote their products.
Zomato’s content is also always fresh, with the old message being
delivered with unique approaches. Zomato has thus more than just
preached about being unique but has also proven so.
The company has invested vastly on SEO and SME’s. The use of the
social media to promote Zomato has also played an important role in
making the company popular. Their posts on social media are always
just some simple industry jargons that help attract the different
audience segments. All their posts and promotions prove that the
company always sticks to the niche and also understands exactly who
it is catering to.
SWOT ANALYSIS ZOMATO
Fantastic design of the app – Zomato has regularly won awards for its
app design and for its user-friendliness. The App design is fantastic
and it helps you discover restaurants nearby as well as in an area you
are going to visit.
Focused approach – The brand has a very focused approach and has
always tried to bring the most of out of its unique offering. It is well
connected with restaurants and regularly takes feedback from
customers as well as restaurants. This focused approach has also
helped the brand image and reputation of the firm.
Fantastic marketing – You can find Zomato working for its own
marketing offline as well as online. Its print ads are hilarious and
make an immediate connect with the audience. It is strong on Social
media marketing and uses a combination of ATL and BTL strategies
to attract and retain customers.
WEAKNESSES IN THE SWOT ANALYSIS OF
ZOMATO
Security issues for the app – A major issue for Zomato in the past has
been some security issues due to which the app was hacked and at
least 17 million users data was copied. Such security issues are a
nightmare for internet companies.
.
OPPORTUNITIES IN THE SWOT ANALYSIS OF
ZOMATO
More acquisitions – There are and were many small players in this
space. Zomato can acquire several of its competitors and at the same
time, it has to keep an eye on the tech industry and acquire any tech
innovation it can get its hands on to keep on rising.
Event ticketing is where tickets for special events are sold through the
site basically for large scale events or parties. Restaurant booking or
online ordering is charged at between 7.5% and 15% of the sales
depending on the priority category of the restaurant.
PLACE - IN THE MARKETING MIX OF
ZOMATO:
Zomato is credited for being one of the few brands to have become
successful in content marketing. One of their content marketing
strategies, in fact, the main strategy, is the vast use of images to
promote their products.
The company has invested vastly on SEO and SME’s. The use of the
social media to promote Zomato has also played an important role in
making the company popular. Their posts on social media are always
just some simple industry jargons that help attract the different
audience segments. All their posts and promotions prove that the
company always sticks to the niche and also understands exactly who
it is catering to.
In food delivery service the key part lies in the fact that food should
be hot and fresh as and when it reaches customers. All the players in
the food delivery space make this as a differentiating factor from its
competitors. For example Foodpanda promises delivery within 45
minutes from the time an order is placed. In Zomato one needs to sign
in with our registered phone number and email address. The location
is detected and one can browse the menu and place the order.
Payment can be made wither by cash or online modes. The restaurant
confirms the order and dispatches as soon as it is made. Zomato asks
for the feedback after the service provided. Thus an entire process is
made to be convenient to the user and the user can have an hassle free
experience. Hence this is the marketing mix of Zomato.
SWIGGY
SWOT ANALYSIS
STRENGTHS
The Swiggy brand has grown to be a good and respected brand in
the eight cities it currently serves. It is associated with quick delivery,
a wide range of restaurants, and well-trained delivery executives.
WEAKNESSES
The Company’s main weakness is the delivery charge for all orders
below Rs 250 while some of their main competitors like Zomato have
free delivery on all orders.
OPPORTUNITIES
The food delivery market is a relatively new market in India which
lacks a leader. It is a fast-growing market which Swiggy — with the
right marketing strategy — can do well to win and become its leader.
THREATS
Swiggy has spread its presence to few cities in India like Bangaluru,
Gurgaon, Pune, Chennai, Delhi, Hyderabad, Kolkata and Mumbai. It
has its headquarters base at Bangaluru in Karnataka and has
established its corporate offices at Hyderabad in Telangana and
Gurgaon in Haryana. It is a popular app that takes order for food
delivery from listed restaurants on its portal. Swiggy has set up a
strong and widespread distribution network to offer prompt and best
results.
It has an exclusive fleet of personnel that includes services of nearly
eight hundred delivery people working on-field. They are involved in
picking up orders from selected restaurant and delivering it to
customers. Delivery boys are equipped with Swiggy App and smart
phones that make tracking of a delivery throughout routeing
algorithms easy. Swiggy has hired Shadowfax Technologies, a third-
party delivery company, for part-time distribution in Delhi and
Bangaluru.
Grubhub
Swiggy
Zomato
Delivery Hero
Delivery Chef
MARKETING MIX OF FOODPANDA
It started from Singapore and by the beginning of the year 2016 was
operating in Latin America, Eastern Europe, Russia, Africa and Asian
countries like India, Bangladesh, Thailand, Singapore, Malaysia and
Pakistan. Foodpanda is one the most popular online site in India for
placing food orders.
Foodpanda has become a huge online portal and this has been
possible because of several pricing policies are undertaken by the
brand. It has adopted a value-added pricing policy as it offers quality
items for a reasonable price to its customers.
It faces competition from several brands and hence has also adopted
competitive pricing policy that allows it to maintain reasonable prices
for items. Customers are offered several incentives like discounts and
special offers to lure them away from rival brands. It also makes its
services more affordable and ultimately results in more orders and
better revenues for Foodpanda.