With the online-ordering marketplace experiencing an unprecedented surge, restaurants are now able to reach a wider audience. These marketplaces are playing an important role in increasing the brand value of the restaurants. But, with this new stream of business, restaurants are suddenly exposed to a new set of operational overheads.
One of the significant challenges of running a restaurant is keeping track of the daily business. Especially for multi-chain restaurants, measuring efficiency and productivity of operations can be a difficult task. And for the highly competitive market that the restaurant industry is today — it is essential to take timely decisions
With fierce competition, changing economy and rising trends, restaurant sales can barely be constant. But, as a restaurateur, there is one thing that always remains constant — No matter how much a restaurateur sell, they always feel like they should be doing more to grow the restaurant sales. In the online
Indian food-tech industry is set to become $ 4 billion market by 2020, according to a report by Redseer Consulting. The major factors which are responsible for the booming online delivery industry are changing consumer lifestyle, an increasing ratio of women in big corporates, young population and higher disposable incomes. The
With over 1.4m registered restaurants, 70m monthly active customers, 11m app installations — it’s no mystery that Zomato has become one of the prominent marketplaces for online food ordering. Online is different, not straight-forward…The idea of setting up a business on Zomato can be deceptively easy due to
Fragmented as it can get, restaurants belong to one of the toughest segments in the Food and Beverage industry. While the margins are considerably high, the competition is stiff in this segment. The race to profitability and sustainability becomes far more fervent with new challenges popping up every single day.
India’s online food ordering sector witnessed a whopping 15% growth on a quarterly basis from January to September of last year, according to a report from RedSeer Consulting. This growth was mostly fueled by aggregators like Zomato, Swiggy, FoodPanda, UberEats, etc, who are putting in everything to change the