The onlinefood ordering and delivery industry has boomed a lot in the past few years.It’s really easy to see why too because all of us are always looking forquicker and more convenient ways to get our food. Life is simply that fast-pacedright now. Especially now, in the time of quarantine, we are starting to seehow these services can be lifesavers.
So, comingto the point, all of these online food ordering and delivery platforms likeSwiggy and Zomato work on the commission-based business revenue model. Theyconnect the money from each food item sold in their platform and distributethis amount to the restaurants and delivery partners after deducting theircommissions. This is basically how they make money. This is a very effectivemethod that has survived for years and probably will be there for years tocome. How much you make, however, might change according to the competition.
Truth betold, it’s always better to have multiple sources of income when it comes tocompetitive business. And starting an online food delivery business like Swiggyor Zomato is easier than it looks today. All you need is a Zomato or Ubereatsclone app. There are plenty of them out there. Although, make sure you get agood one because you would have to pay for them. There is one company that doeshave a revenue model with multiple sources of income.
Theirproduct is also blockchain-based so it’s quite unique. Check them out for demo video :
https://www.youtube.com/watch?v=4-SuNHJE2Yc
