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Gaining Revenue from Grocery Delivery Platform!
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Joined: 5/8/2020(UTC) Posts: 69  Location: London
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From an entrepreneur’s perspective, this is the most critical stage as it involves investment returns. Your Instacart clone app must generate revenue from different sources. The standard ways of gaining income include, - Commissions: Your app acts as a bridge connecting users with grocery stores. Hence, you can fix commission rates with grocery stores. This is a win-win situation because grocery stores enhance their business at the end of the day.
- Delivery charges: Users’ convenience is your money. Users enjoy the pleasure of doorstep deliveries through your services. Hence, you receive delivery charges. By hiring freelance delivery professionals or professionals on the gig economy, you can save a considerable amount of money.
- Advertisements: Popular apps in the market reap revenues through this marketing strategy. By displaying third-party ads for a fixed time, you can generate income through the app.
- Peak hour charges: Where there is demand, there is revenue. There are specific duration's when your app experiences a maximum surge. To cope up with the demand, you can add an additional fare to the payment known as ‘surge pricing.’ This adds to revenue, as well.
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Biznas
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Other Connectivity
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Business Connectivity
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Gaining Revenue from Grocery Delivery Platform!
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