Nutrition balance is a crucial aspect worth considering for a healthy diet. The balance among carbohydrates, proteins, fats, vitamins, and many more in our food intake is one of the main reasons people occasionally prefer eating food from restaurants. But in this fast-paced world, people find it challenging to dedicate time in their schedules to travel all across the city to their favorite restaurants.
Entrepreneurs who identified this increased demand among people have come up with food delivery platforms. While food delivery services were available even before the advent of smartphones, people’s accessibility was relatively lower. Inquiring over the phone with the restaurants, placing food orders, waiting for delivery executives all contributed to difficulty and less convenience.
What if people can access multiple restaurants, place orders with a few taps, and know the exact arrival of delivery professionals? This convenience has led to the immense popularity of on-demand food delivery apps. Let’s take an in-depth view of why investing in an UberEats Clone is beneficial and profitable for entrepreneurs.
The graph of the market is exponential
It is pointless to invest in any sector if it does not grow over the next five to ten years. Let’s glance at some of the market stats in the United Kingdom,
The global food delivery segment had a market value of $94.385 billion in 2019. (Source: Statista)
With a healthy CAGR of 9.3% between 2019 and 2023, the market forecasts a whopping value of $134.49 billion by 2023. (Source: Statista)
Digital orders in restaurants have grown by 23% annually from 2013 and will triple its rate by the end of 2020. (Source: Report by the NPD group)
Besides, 60% of digital orders are from smartphone applications. (Source: Report by the NPD group)
The global market for food delivery mobile apps is witnessing a significant surge and is growing with a CAGR of 27.9%. (Source: Allied Market Research)
The market is expected to generate global revenue of $16.6 billion by 2023. (Source: Allied Market Research)
All these facts visualize the future where food delivery apps will rule the food industry for years to come.
These apps are an integral part of smartphones
The popularity of food delivery apps is gradually increasing with each passing day. Several factors are contributing to such a rise. They include,
People’s convenience: People can get their favorite food delivered from their desired restaurants at their doorsteps with just a few taps on their smartphones. They needn’t worry about reaching restaurants or commuting via public transport. They can enjoy their favorite meal without any hassle.
Time and Energy conservation: Time is money. All modern advancements are aimed at reducing time and enhancing comfort. People can enjoy food orders at any place and at any time, be it homes or workplaces. This way, they needn’t dedicate time to reach restaurants.
Access to multiple restaurants: Usually, these food delivery platforms sign up with several restaurants. As a result, people have access to numerous restaurants all across the region from a single place. This accessibility is one of the major aspects to boost user convenience.
There is an unrestricted flow of revenue
An entrepreneur knows precisely how to find the perfect congruence between customer satisfaction and yielding revenue in the United Kingdom. With the aid of these food delivery platforms, you can generate income from many sources, including
Commissions: You can generate a steady stream of revenue by deducting a part of restaurants’ payment as paid commissions. This way, you earn income with each transaction through your platform.
Delivery charges: For your customers to enjoy doorstep deliveries, you can charge a delivery fee based on the distance between their locations and restaurants. By hiring delivery workers on a gig basis, a considerable amount of this charge reaches your pockets.
Advertising fees: Even marketing fellow brands can add to your income tally. Displaying third-party ads for a fixed timeframe can help you reap revenues, provided you are popular.
There’s a neck-to-neck competition
Competition in a specific industry can only mean profit to entrepreneurs. When there is heavy competition in the sector, you’ll focus on the betterment of your app from time-to-time. Moreover, this leads to exploring new dimensions with the online platform, leading to enhanced customer satisfaction. Let’s take a look at some of the top-performing apps in the market,
UberEats: Uber, being the pioneer of the taxi industry, has set foot into the food delivery industry. The food delivery app is the most popular and houses lucrative features like call masking, real-time tracking, and many more. By 2018, the platform had generated $1.4 billion in revenue.
Zomato: Having set foot into the industry as a food reviewing medium, the platform has extended its services to food delivery. The app currently operates in 24 countries and more than 10,000 cities.
JustEat: This British-based food delivery platform has spread its wings across 13 countries. The platform houses the latest features and functionalities. Having already acquired Takeaway.com, the company is planning to acquire Grubhub, another popular food delivery platform.
Launch your UberEats clone app today!
Now that you are well-versed with the potential of the market, the convenience that these platforms offer, the multiple ways of generating revenue, and your competitors, it is time to launch your food delivery app in the United Kingdom.
Wondering how to launch a top-notch online food delivery platform? Well, the traditional method of app development includes,
Analyzing business needs, including technical, financial, and market needs.
Conduct market research to know customer expectations.
Designing the framework of the app, i.e., UI/UX design.
Integrating features and functionalities into the platform.
Developing and managing servers and databases.
Testing the app for defects and bugs.
Launching the app across Android & iOS platforms.
Quite tedious, isn’t it? What if there’s a way to launch your app instantly into the market? Well, Appdupe’s tailor-made solutions help you establish your 100% customizable and white-labeled UberEats clone app. You can modify the app entirely based on your specifications and launch it in the shortest time possible.
On-demand apps for food delivery services are pivotal in this fast-paced world. With the market growing at an enhanced pace, entrepreneurs needn’t worry about the ROI. Moreover, one can generate revenue from multiple sources.
Reach out to Appdupe, tell us your app ideas and launch a highly reliable UberEats clone instantly!
Are you ready to launch an UberEats Clone? Reach out to us.
At AppDupe, we know that our customers are Entrepreneurs and keeping them succeeding is what will make us stronger. So, we promise you, Life Time Updates free of charge. Yes, we know that Apple and Google keep coming out with new versions of their mobile OS's and other companies we clone from also keep updating their features and UX to stay up-to-date. We will take care of that for you, leaving you to do what you do best, Win!
Is this legal?
PicMix and PicYou are almost exact clones of Instagram. MyCityDeal and Wimdu are clones of Groupon and AirBnB respectively. The only thing companies can patent is methodology for achieving an action or leading to an end point. If you can figure out another way to do that, without infringing on other's IP, you totally can. We could, so we did.
Disclaimer: Appdupe neither represents nor have any control over the trademarks of ‘Uber’ and ‘Gojek’. We use the terms ‘Uber’ and ‘Gojek’ for a better understanding of our services. Our offerings intend no harm to any organization or individual.