Gridwise

The food delivery industry is experiencing a remarkable surge. Projections indicate that it will double by 2028 (ResearchandMarkets.com), reaching a staggering $64.8 billion in revenue. This growth is driven by evolving consumer preferences and the convenience offered by third-party delivery services. Quick Service Restaurants (QSRs) have emerged as leaders in this booming market, dominating the top ten restaurants for delivery. By leveraging Gridwise Analytics' insights from delivery platforms, QSRs can gain a competitive edge and optimize their operations. Here are some key takeaways: Defining Customer Base: Delivery data allows QSRs to expand their reach beyond physical locations, attracting new customers. Menu Optimization: By analyzing delivery trends, QSRs can fine-tune their delivery menus, increase add-on sales, and boost profits. Pricing Strategies: Delivery data enables QSRs to experiment with pricing strategies and determine what customers are willing to pay for delivery services. Targeted Marketing: Insights into new customer segments empower QSRs to tailor their marketing efforts and reach a wider audience. Efficient Operations: Historical data aids in making informed staffing and inventory decisions, ensuring optimal resource allocation. As the food delivery landscape continues to evolve, it is crucial for QSRs to stay ahead of the curve. To gain deeper insights into this rapidly growing industry, read the full blog post from our team here https://lnkd.in/evnVb_F6 Contact us to harness the power of accurate data and deep, transformative insights from Gridwise Analytics. https://lnkd.in/eNyfNEEJ

Quick Service Restaurants (QSRs) have emerged as leaders in the food delivery market, dominating the top ten restaurants for delivery according to the 2023 Gridwise Gig Mobility Report. This dominance can be attributed to their ability to adapt and thrive in the post-pandemic era, where consumers have embraced food delivery as a convenient and contact-free option. One of the key advantages for QSRs is the wealth of data generated through food delivery platforms. By analyzing this data, QSRs can gain valuable insights into customer demographics, ordering patterns, and preferences. This information allows them to fine-tune their delivery menus, optimize pricing strategies, and tailor marketing efforts to reach new customers effectively. Our report also highlights the importance of understanding the regional dynamics of the food delivery market. While DoorDash dominates the US market with a 78.6% share, companies like Grubhub hold significant regional presence in cities like New York. To learn more about how QSRs can leverage the power of food delivery data, read the full blog post: https://lnkd.in/euYX5KY6 Contact us to harness the power of accurate data and deep, transformative insights from Gridwise Analytics. Our team can provide you with granular information tailored to your specific needs, enabling you to make informed decisions and stay ahead of the competition in the rapidly evolving food delivery landscape.

The findings from Gridwise Analytics suggest that certain regulations, such as the PayUp law in Seattle, may have unintended consequences on specific sectors within the gig economy. While the intentions behind these laws are commendable, their implementation may inadvertently disadvantage food delivery workers compared to their counterparts in rideshare and grocery delivery services. This disparity highlights the need for greater industry transparency to ensure that laws and regulations are adjusted to benefit all gig workers equitably. Our team believes that data-driven insights are the cornerstone of shaping fair and effective legislation for the gig economy. By meticulously analyzing real-world performance data across various sectors, we can pinpoint potential areas of concern and strive towards solutions that strike a balance between the needs of workers, businesses, and consumers. To learn more about our findings, visit our blog https://lnkd.in/eZpRYSH9 To get in touch with our team about how we can help your business with unique data insights, contact us here https://lnkd.in/eNyfNEEJ

Are you an investor or business leader in the gig economy space? Do you want to gain a deeper understanding of the drivers fueling this rapidly growing industry? In our latest blog, we explore the intriguing realm of gig drivers, uncovering the drives, habits, and choices that define this vibrant community. By leveraging their powerful analytics capabilities, Gridwise offers a comprehensive view of the gig economy, empowering investors and businesses to make informed decisions. Some of the benefits of using Gridwise Analytics include: 📊 Deep Gig Insights: Understand gig drivers deeply with data on their demographics, earnings, and behavior, helping you tailor your strategies effectively. 📊 Stay Ahead: Keep ahead of competitors by using insights to predict and capitalize on gig economy trends. 📊 Smart Decisions: Make informed choices with strong data back-up, reducing risks and boosting gains. 📊 Boost Efficiency: Use insights into what gig drivers prefer to streamline operations and increase profitability. Schedule a consultation with our team to learn how Gridwise Analytics can revolutionize your approach to the gig economy: Read the full article here: https://lnkd.in/e6Fyd9Sf

We’re excited to announce a strategic partnership between Stoovo and Gridwise! Stoovo’s Location Intelligence platform provides access to a vast set of place data which possesses the largest micro place data points, detailing entry, exit, foot traffic, loading areas, delivery instructions and more at over 100M addresses across the US. Stoovo customers can now combine place data with over 500M delivery orders and rideshare trips powered by Gridwise Analytics to be able to answer questions like, “what is the share of delivery orders and foot traffic between McDonald's vs Chick-fil-A Restaurants." Reach out to us at sales@gridwise.io to learn how you can start to access the power of these two datasets.

Quick service restaurants have emerged as the leaders in the delivery market, dominating the top ten restaurants for delivery. They’ve adapted and thrived in this new normal. Those QSRs that continue to thrive do so because they take advantage of one of the powerful by-products of food delivery: the collected data. They can see the demographics of who's ordering, what they’re ordering, when they’re ordering, the ticket size, and other trends and patterns. Larger chains have already mastered much of this data implementation, but smaller chains and independents still have open opportunities. Read our latest article on the topic here: https://lnkd.in/euYX5KY6

According to the 2024 Gridwise ( our portfolio company) Gig Mobility Report, the average Uber and Uber Eats drivers' monthly earnings declined an average of 16% from 2022 to 2023. This Business Insider story cites that report and further highlights the financial struggles of gig mobility workers. #gigworkers #fintech #earnings

Curious to know who’s behind the wheel in the gig economy? Our report offers a deep dive into the demographics of gig drivers, including gender, level of education, annual household income and more. Understand the gig workforce. #GigEconomy #DriverDemographics https://hubs.la/Q02mLVZD0

Mobility data from Gridwise Analytics helps investors understand the importance of driver loyalty and whether gig platforms are developing the most effective driver incentive programs. High levels of driver loyalty translate to shorter customer wait times. Driver loyalty is also a barometer of how happy drivers are on a specific platform. Happy drivers mean happy customers, eager to use the service again. Read this blog post to see how mobility data from Gridwise provides insight into the most effective ways to build driver loyalty. https://lnkd.in/evdr8i6Z

DoorDash leads the pack in food delivery with a 34% surge in orders in 2023, now holding a 79% market share. Uncover the latest trends in food delivery and how they're shaping the gig economy in our recent State of Gig Mobility report. #FoodDelivery #GigEconomyInsights https://hubs.la/Q02kpHyL0