Wanna Invest in On -Demand Delivery App? Here are top Reasons to do so

On Demand Food Delivery App
By Piyali Sarkar Mobile 63 Views

“On-Demand based delivery apps” revolutionize the way customers buy products. Initially, this concept is as new and crazy as the concept of “flying machines i.g. Airplanes” was at its time. Are you planning to invest in On- Demand delivery apps? Believe me; you are going to be a part of History.

Let’s explore, how?

1. How it began – A Brief History

  • The year 1990 – Tim Berners-Lee created the first browser and web server
  • The year 1991 – the Internet became commercialized and saw the birth of e-commerce.
  • Amazon started selling books online, and Pierre Omidyar founded eBay.
  • The year 1998 – Paypal was born which revolutionized the whole e-commerce concept. The world became a village where international shopping and payments were just a few clicks away.

2. What is On – Demand Delivery System

On Demand Deliver App

Most commonly seen, on-demand delivery apps are food based which is frequently used all over the world. The on-demand delivery app market is so vast and diverse that the customers have a wide range of products or service to choose from that too sitting in his place.

3. Investment in On Demand Delivery Apps is Like Mining GOLD – How?

Cost Effective Business Model

Every business that is presently functioning or planning to start an On Demand Delivery App is going to rely entirely on technology.

Now, the app is going to be supported by cutting edge technologies which will lower dependency on Human Resource which ultimately will help save a lot of money.

The cost-effectiveness of this model of business has led the businessmen to utilize the extra fund in expansion and development as well as retention of the users.

With each passing day, technology is making on-demand delivery apps, even more, cost-effective. There are many App Development Companies who’re providing a cost-effective solution to clients.

Every process from the advertisement of the business to finding customers, from receiving orders to accounting the bill, from arranging the delivery boys to getting customer’s reviews can be managed by just a few people and with an automated system, wherein a conservative form of business it needed an army of professionals.

This cost-effectiveness is the opening of the new era of business where the ROI (Return on Investment) is getting higher and higher day by day. If you are searching for a business model which can provide the best ROI, the on-demand delivery based app is the solution.

4. A case study – Garment Industry

 

A) La’Scoot

 

La’Scoot, an affordable Designer Wear, India based Garment Company had traditional Business Model. Its founders after a long mind mining session decided to accept the new online business model.

Traditionally, the necessity of Land, Factory, Machine, Manpower, and Maintenance is the base of every business, but the company chooses “fly light model” where it outsourced all of its production (with strict quality control).

With its Distribution Innovation and strong ERP (Enterprise Resource Planning), the company established itself in the garment industry. With On Demand App Delivery Development, the company is expecting to grow overseas too.

Company’s founders dedicate the success of their business to Technology-Enabled Mobile App and ERP Solution. It is the power of online apps. With its tremendous growth, it is giving a golden chance to Mine the Gold, before it’s too late or Market reaches its Saturation Point.

digital-future

B) The future Belongs to Online

There is no doubt that “Future belongs to on-demand deliver apps.” With millions of mobile phone users, billions of dollars of revenue are generated by these app users (either Android-based or iOS-based) daily.

If you are a businessman or a start-up, choosing On Demand App Delivery Development for your services is going to boost your business operations in a significant way.

Still, lots of room to grow

Experts believe that the On Demand App Platform, especially on-demand delivery apps are still in their developmental phase, and saturation point hasn’t come. You should search How Much Does It Cost to Hire An App Developer for further information. With the introduction of new technologies, such as Artificial Intelligence and Block Chain is going to change the whole face.

What a New-York based Restaurant owner says

It is what a New York Based Restaurant Owner; Mark says “I never expected such a great response. It is straightforward to touch 100 Orders mark after On Demand App Delivery Development of our services which were just an imaginary number till now. For us, quality food, great service, and customer retention are more important for now..”

There are hundreds of business owners like Mark who had felt the power of On Demand App Platform. The system of the on-demand delivery application has led them to touch the figures, that were imaginary to them till now and “this is just beginning.”

C) Transparency & Room to Grow

“Mouth of the word” is time tasted and very successful technique of marketing. The companies providing excellent services and products were known as Messiah in their field.

Colgate is just a brand of toothpaste, so is the Pepsi of Cold drink

Brands such as Colgate and Pepsi have successfully established themselves in the customer’s mind in such a way that their product name became the product’s identity. People find it more convenient to call “Colgate” than “toothpaste” or “Pepsi” instead of “cold drink.”

But, with Avtar of on-demand based delivery applications, also born a new Review system which is not only transparent & effective but also Business friendly. Gone are the days when critical corporate sectors with millions of dollars of Advertisement Budget, affecting a customer’s mind.

These online apps have already made a significant impact by introducing a review system. Now, the startups who are new in the field and without any prior customer base can expect good business by providing quality. The honest reviews will bring not only more and more business but also The Business Name.

D) Still not convinced? Here is the proof

I’m going to blow your mind, be ready. Be careful; your eyes are going to be popped out.

Amazon

Amazon.com is an international e-commerce company with net sales in 2017 of $178 billion. Due to Amazon’s global scope and reach, it is also considered one of the most valuable brands worldwide. Amazon’s share price in 1997 when it went public was a meager $18. The present share price of the same company is USD 1615.

Alibaba

Alibaba

According to CNBC, a business based media house, which had published a report titled as “If you invested $1,000 in Alibaba when it went public, here’s is how much you’d have now.” It states that if you invest in Alibaba four years ago when it made headlines as the then-biggest initial public offering ever, you’d have made some decent returns. An investment of $1000 would be worth about $1,902 as of now, an impressive return of 90%.

Flipkart

Flipkart is an Indian electronic commerce company founded in the year 2007. As of 2017, with 39.5% market share of India’s e-commerce industry, it comes second after its rival Amazon.

Walmart

The company founded in 1969 is an American multinational retail (also online) corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

Investopedia, an online financial literacy website, in its report of “if you had invested in Walmart Right After its IPO” has established that fact that an investment of 100 shares would be worth over $12 million. Moreover, you would have received an annual dividend of over $400,000 for the fiscal year ending in December 2015.

So, these stories are only of those giants who left a mark of their footsteps. Numerous small-sized companies and even startups offering a golden chance to invest.

5. How much it costs to build an on-demand delivery app

Cost Of On Demand Delivery App

If you in the league of those startups who are planning to get online for the first time and need some insightful information regarding the cost of building an application from scratch, then please, be with the blog till the end.

Choose what you need first: – The first step in building or developing an on-demand delivery app, is to choose “What you are going to offer” & “how many steps it involves in the process of getting the end product from manufacturer to end user, delivered?”

Answer of these two questions is going to answer the design and cost of developing your mobile based application.

For Food Delivery Application

One of the most commonly used and fastest growing applications is food delivery application. For the form, let’s explore how this app works:-

  • You can place the order via mobile app (iOS/Android) and PC
  • Explorable menu to find an item of choice
  • Online payment via credit/debit card
  • Location features for customers as well as restaurant owners

Cost of an application of this level is around $5000 to $15,000. Cost of developing an app depends upon the following

  • Project requirement and needs
  • Project concept
  • Complexity of UI
  • Is the app related to web-services or normal?
  • Designing of UI
  • Testing of app

For Selling Used Motorcycles

Cost of those apps which offer services like selling of used motorcycles are called static applications which do not involves processes to get the product to its end user like food delivery apps.

You need to show the products online / app based, the end user after going through all the available motorbikes will choose which one he aspires to buy and will come to the store and buy it.

As stated above, the apps which do not have lots of process between manufacturing and buying is going to cost much lesser than food delivery applications.

Conclusion

It is the high time to invest in when the market of On Demand Delivery Mobile App is not saturated till date (even in its developmental phase, to be precise). Learn This Here Now.

With each passing day and economies getting stronger, more users are getting online, and the demand for mobile-based application is skyrocketing.

All the data and significant numbers above are just the “tip of an iceberg.” All over the world, it is a very well known fact that the fast-growing app-based business is only focussing on Capital and Tier I cities. Billions of dollars of revenue are generated just by concentrating on Tier I city, imagine what will happen, if the market opens its horizons for the Tier II and Tier III cities.

And it is evident from the rise of technologies like IoT (Internet of Things), and cutting edge technologies in Mobile app development, the days are not too far when these apps will rule these tier II & III cities too. Till then, see the rise of 5G and see the world changing before your own eyes.

hire-android-application-developer

Disclaimer: We at eSparkBiz Technologies have created this blog with all the consideration and utmost care. We always strive for excellence in each of our blog posts and for that purpose, we ensure that all the information written in the blog is complete, correct, comprehensible, accurate and up-to-date. However, we can’t always guarantee that the information written in the blog correct, accurate or up-to-date. Therefore, we always advise our valuable readers not to take any kind of decisions based on the information as well as the views shared by our authors. The readers should always conduct an in-depth research before making the final decision. In addition to these, all the logos, 3rd part trademarks and screenshots of websites & mobile apps are the property of the individual owners. We’re not associated with any of them.

Piyali Sarkar

Piyali Sarkar

Piyali, an M.Tech in CSE, has experience ranging from an assistant professor to creative writing in the local newspapers, she has stepped fully into the domain of mobile application development. Her writing can be said to be a combo of crazy thought process, efficacious vocab & sublime modus operandi which is required in any [email protected] Mobile App Development Company where you can Hire Mobile App Developer. In an app-centric world, having a hot app-o-lava in her mind, she loves sharing her diegesis.

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