How to Build Your Own Grocery Delivery Business - PowerPoint PPT Presentation

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How to Build Your Own Grocery Delivery Business

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Title: How to Build Your Own Grocery Delivery Business


1
How To Build Your Own Online Grocery Delivery
Business?
  • -Oyelabs Technologies

2
Is Starting an Online Grocery Delivery Business a
Good Idea?
  • Yes, the stats mentioned above clearly shows the
    trend that more and more businesses are willing
    to come online. The year 2020 has also been
    significant. Due to obvious reasons and safety
    concerns, more customers than ever are ordering
    groceries online.
  • So, if you are thinking of providing online
    grocery delivery solutions, I would say its a
    win-win startup idea.

3
Online Grocery Delivery Services Verticals
  • Services
  • Home delivery
  • Pickup from local store
  • Hire personal shopper
  • You can provide same day delivery services as
    users want quick deliveries. With Instacart
    Express, Instacart is providing home deliveries
    as quickly as within 1 hour to stay ahead of the
    competition.
  • Verticals
  • Daily Grocery Right now is the perfect time to
    invest in a business that deals with the everyday
    grocery items supply. Be it a single-vendor
    grocery delivery business or a multi-vendor
    grocery delivery business, you have the choice to
    select any online delivery business model you are
    fine with.
  • Fresh Meat supplies On-demand for fresh meat
    delivery services requests has also surged
    recently. TenderCuts, Licious, ZappFresh are some
    of the startups doing well in these categories.
  • Pet Supplies If you are looking for a unique
    business idea, pet food on demand could be one of
    the great options. Given that there are only a
    few online platforms available that supply pet
    food items, you can leave a mark.

4
Steps To Build Your Own Grocery Delivery App!
  • Step 1 Finalize Your Business model
  • The business model is as simple as picking up the
    ordered items from the vendor and delivering it
    to the customer.
  • Grocery delivery service providers generally tie
    up with multiple grocery wholesalers. This way,
    they get a wide selection of products. The online
    grocery delivery business works on the core model
    of fast, usually same-day, delivery of grocery as
    per customers convenience. It also makes sense
    as most of these items that users order under the
    umbrella of grocery products have short shelf
    life. Moreover, customers prefer getting fresh
    items as far as food shopping is concerned.
  • Step 2 Choose Your Grocery Delivery Solution
  • There are 3 major app solutions you can choose
    from
  • 1. Custom App Solution
  • With a custom-build mobile app, you have complete
    control over the design and user experience. You
    can ask the developer to create a fully
    customized app as per your needs and features
    requirements. A custom-build app will enable you
    to stand out from your competitors.

5
Steps To Build Your Own Grocery Delivery App!
  • 2. Readymade App Solution
  • As the name suggests, a readymade app is already
    built and you can directly buy it, as it is or
    with some minor modifications, from its developer
    or the development company. All you need to do
    here is choose the product you think has all of
    your required features included in it and get it.
    The developer of the app will modify the app as
    per your branding needs, such as the app logo,
    app name, theme and deliver it to you.
  • 3. SaaS Based Solution
  • Using a SaaS based grocery app, you can manage
    your grocery delivery business with a monthly
    subscription model. These apps are already
    designed and are ready to use. Once you
    subscribe, the app is prepared for your business
    with the required customization. You can then
    connect your grocery outlet to the app in no
    time.
  • To know more about these grocery delivery
    solutions and their advantages and disadvantages
    click here.

6
Steps To Build Your Own Grocery Delivery App!
  • Step 4 Build Your Brand ( Legal Aspects)
  • Choose a name that is brandable. How? Think about
    the other players, their names and how they have
    named their businesses. Go with something that
    will click to your audience and target market.
    Just thinking about it wont be sufficient. You
    need to do the research. See if the name is not
    already taken by someone else. Check if the
    domain name is available. Register it with a
    domain registrar as soon as you finalize it.
  • Tip Its time to form a legal entity. Register
    your company as a legal entity such as an LLC or
    corporation. It will safeguard you from being
    held personally liable in case your business is
    sued. Get legal advice to register for taxes and
    open a business bank account. Finally, you need
    to obtain necessary permits and licenses.

7
Challenges you might face and how you can
overcome them!
  • Highly Competitive Market
  • This market has become highly competitive. You
    are just starting to acquire users and vendors on
    your platform. Imagine you have to compete with
    established names such as instacart, Walmart,
    Fresh Direct and more.
  • Solution Before launching your grocery delivery
    services, do a thorough market researchand check
    if there are any existing service providers in
    your target areas. Lets say there is, you need
    to figure out how you can establish your own
    market niche. For example, if your competitors
    deal in grocery foods, you can target the
    farm-to-table grocery market on weekends. It will
    provide your business a chance to stand out.
  • Delivery Challenge
  • With regular online stores, delayed deliveries,
    delivering wrong items by mistake, returns
    tackling these issues on daily basis is
    affordable. But for your business, these delays
    and poor customer service may prove detrimental.
    One more unsatisfied customers and you are out of
    business.
  • Solution Sign up with reliable delivery service
    providers that can meet your customers demand.
    Optimize your delivery network for fast
    deliveries by carefully dividing it into
    hyper-local networks.

8
Challenges you might face and how you can
overcome them!
  • Storage Infrastructure Quality Assurance
  • Grocery items are perishable and need to be
    stored (and delivered) in refrigerated chambers.
    Setting up a storage infrastructure can
    significantly increase the cost of operations.
    Apart from this, some customers do not want to
    buy groceries online because of quality concerns.
  • Solution Integrate a robust, inventory
    management system API such as JIT (or
    Just-in-time) with your online store. It would
    help you automate things better and to reduce
    storage cost.
  • Low-Profit Margins
  • Lets face it. Customers today have more choices
    than ever before. They are going to compare
    different stores, marketplaces before placing
    their orders. Moreover, well-established
    companies are already offering competitive
    pricing. This leaves you with minimal scope to
    increase your profit margins.
  • Solution You can offer more competitive pricing
    than your rivals. But operating like this,
    sustaining your business might be a challenge.
    Try to find out and list locally produced items
    that are not offered by others. This way you
    wont have to compete.

9
Wrapping Up!
  • The Online Grocery Delivery Business market
    possesses a lot of scope and has a lot of
    potential to grow.
  • With the right features and approach towards
    developing your own grocery delivery app you can
    take advantage of this growing market and be
    successful in the process.
  • Building the right app and hiring the right
    developers for your app would be the key to the
    success of your business .
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