2. What is Swiggy's Profit and how does it make
money?
• The company ties up with Restaurants
in a neighborhood and delivers it to
the customers doorstep.
• Swiggy eliminates the hassle of you
going to a restaurant just to take a
parcel and also makes the delivery
process easier for the restaurants so
that they can do their routine work
and not lose out on the delivery
orders.
3. The revenue model of swiggy is very simple and
clear in its idea.
• Swiggy takes a percentage of
orders generated through the
app/website for the restaurants
as commission.
• The food-tech startup takes
almost 20% commission and it
used to take delivery charges on
order below Rs.200 but now
have waived off the delivery fee
for a limited time.
4. The swag Swiggy has that others Don't
• The most important element that differentiates this company from the
other Hyperlocal food delivery startups is – It claims to be more
reliable and faster than it’s competitors Zomato,TinyOwl and
Foodpanda.
• Swiggy average delivery time is close to 37 minutes and this is what
makes it stand apart. According to the company, the reason why
people prefer Domino’s is mainly because their delivery time is just
30 minutes which no one has been able to catch up with in the last
10-15 years. Similarly, 37 minutes is a differentiating factor for us in
this space. After all who like to wait for food?