The economic burden of commissions on associate restaurants is a pressing issue in the food service enterprise. Online food shipping systems have revolutionized eating enjoyment, presenting convenience for clients and accelerated visibility for restaurants. However, this comfort comes at a price. Many systems fee companion eating places tremendous commissions, often ranging from 15% to 30% consistent with the order. those fees can significantly bleed profit margins, particularly for small and impartial places of business that are already functioning on thin margins. https://lnkd.in/dfW-R3S8 #Blogking #Blogkinguk #Rataurants
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Marketing Lead | Brand Partnerships, Affiliate Marketing, Media outreach, Social Media Management & Content Creation
Third-party food aggregators have on one hand reshaped how we access food, offering convenience and variety at our fingertips. However, as aggregators prioritise rapid delivery and high volumes, the impact on food quality and nutrition is significant. With pressures on suppliers to meet demands quickly, fresh and nutrient-rich options take a back seat, raising questions around long-term consumer health... Read more 👉 https://lnkd.in/e2nphs5E
Managing Director Pow food | Certified B Corp | Founder | Female Entrepreneur | Helping people eat well to stay well.
An insightful new blog by Pow Food's developmental chef Katie Beales, exploring the impact of third-party aggregators. Katie discusses the rise of food delivery services that, while providing convenience, also impose significant fees on restaurants, potentially impacting the quality and nutritional value of the meals we order. The blog highlights ways we can make a difference by supporting local restaurants and emphasises the importance of prioritising our health and the integrity of our food sources. Check out the full blog here: https://lnkd.in/eriNxsAE I would love to hear your thoughts in the comment section! Pow Food | BCorp, Nutrition-led Catering
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Helping Brands Grow - Restaurants, Bars, QSRs, Cafes & Cloud Kitchens | Ex-CCD | Service Industry Systems & Process Expert
10-Minute Food Delivery: A Wake-Up Call for Restaurants 🚚The rise of 10-minute food delivery has disrupted the food service industry. What started as a novelty is now a full-fledged trend, with aggregators launching dedicated apps for their own branded products. As someone with over 25 years in this industry, I see this as a wake-up call for restaurants to rethink their strategies. ⚗Why Is This Happening? Consumer behavior is shifting rapidly. Quick snacks, ready-to-eat meals, and the allure of instant gratification have made speed the priority. Many consumers are happy with unbranded, white-label products as long as they arrive in 10 minutes. Meanwhile, restaurants, bogged down by legacy models and over-reliance on third-party aggregators, are struggling to keep up. The genie is well and truly out of the bottle. 💪The Challenges for Restaurants Many restaurants are frustrated—especially about losing customer data. But let’s face it: the over-dependence on aggregators has been a long-standing issue. Instead of building robust models, great product and consistency, the industry leaned on third parties for critical functions. Now, the rise of 10-minute delivery is exposing those gaps 😀Who’s Benefiting? The aggregators are cashing in, using this model to boost revenues and minimize losses. Their ability to white-label products and deliver them quickly is redefining consumer expectations while sidelining traditional restaurant offerings. At same time the third party food vendors whose sales had plateaued supplying to the retail brands now see a new and growing sales as they supply to the platform aggregators directly. ⚙How Can Restaurants Adapt? Own the Data: Build direct relationships with customers using loyalty programs and personalized offers. Collaborate Smartly: Partner with aggregators for hyperlocal strategies instead of competing head-on. Stand Out: Focus on unique, freshly prepared dishes that go beyond the capabilities of pre-packaged meals. Streamline Operations: Invest in cloud kitchens, efficient workflows, and AI-driven order management to stay competitive. ❔The Big Question Is 10-minute delivery creating a new consumer segment, or is it eating into dine-in and home-cooking habits? Early signs indicate a growing niche. Regardless, the industry must adapt to survive and thrive. What do you think? #FoodDelivery #RestaurantIndustry #Innovation #10MinuteDelivery #FutureOfFood
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Pizza remains a favorite, but delivery dynamics have changed. According to #Circana market research, pre-pandemic, over half of food deliveries were from QSRs; now, it’s about one-third. Discover how convenience stores and third-party platforms like DoorDash, Uber Eats, and Grubhub are shaping the foodservice landscape. #WeAreCircana #DeliveryService #FactBasedData #IFMA #MoreThanJustMenuMentions https://lnkd.in/gnShtB_J
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Are you tired of waiting hours for your food to arrive? Zing, a new player in the quick commerce game, is promising to change that with its 10-minute food delivery service. Founded by Tarun Arora, former COO of Inshorts, and Rachit Sahi, and backed by Azhar Iqubal, founder of Inshorts and a judge on Shark Tank India, Zing is set to revolutionize the way we think about fast food delivery. 10-minute food delivery is quickly becoming the new frontier of quick commerce, with companies like Zing leading the way. By leveraging Al-driven demand forecasting, Zing aims to deliver your favourite dishes right to your doorstep in record time. Zing's model revolves around hyper-local kitchens strategically placed to minimize transit times. By optimizing their menu and using advanced technology, Zing ensures that your food is prepared quickly and efficiently without compromising on quality. According to Tarun Arora, co-founder & CEO of Zing, the initial response to the app has been extremely positive. "The initial response has been encouraging, with Zing delivering 600 orders in November alone, and projections suggest that this number could more than double in December as they expand their kitchen operations," said Tarun Arora, co-founder & CEO of Zing. With 600 orders delivered in November alone, Zing is on track to more than double that number in December as they ramp up their kitchen operations. With Zing, you can say goodbye to long wait times and cold food. Whether you're craving a quick snack or a full meal, Zing has you covered with its selection of high-demand, quick-to-prepare dishes. With a focus on speed, efficiency, and quality, Zing is here to redefine the food delivery experience.
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TLDR on QSRs: The uptick in meal deals aren't changing fast food's enduring pricey reputation.🤑🍟 "Hot deals aren't doing much yet to convince more people that fast food isn't expensive," writes Business Insider. "There's been almost no change in perceived value over the last few months as restaurants started launching their cheap eats, according to Morning Consult data." 🗞: https://lnkd.in/gQXK6QiK. 📊: https://lnkd.in/gKvm36Zq
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Fast Food Wars Rage On: Rivals Combatting McDonald’s Fast Food Wars As long as the value of the dollar is droppin’, the fast food wars ain’t stoppin’. And all the major players are getting in the ring. So, what are the Big Three burger brands doing to keep us coming back for more? Returning to the methods that got us hooked in the first place… What McDonald’s Does First, The Rest Will Follow… Naturally, the latest battle in the fast food wars kicked off when the Big Mac made its first move. Recently, McDonald’s announced it is bringing back an old-school value meal that costs only $5 — for a limited time. This promotion is a direct response to social media backlash. Consumers — especially on TikTok — have noted Maccie’s charging as much as sit-down restaurants in some locations. However, these cost surges are not just a McDonald’s exclusive issue. Wendy’s also had to backpedal when they attempted to implement dynamic prices. As a consequence, Wendy’s and Burger King are launching their own value meal deals to keep up… Wendy’s will offer a breakfast combo for $3 which includes an egg sandwich and seasoned potatoes. And, BK announced its $5 promotion including a sandwich, chicken nuggets, fries, and a drink. For the most part, these fast food wars seem to benefit us as consumers. That said, why is the competition getting so fierce? What Made the Fast Food Wars So Competitive As we mentioned before, going to a fast food restaurant has become nearly as expensive as its sit-down counterparts. For that reason, consumers that can afford it are choosing the more chic option. In contrast, the higher prices push those with lower incomes out of the option altogether. At the end of the day, the fast food wars are about reclaiming those customers. But, how can the fast food wars continue if they keep lowering prices and operation costs continue to rise? It is as uncertain as when the ice cream machine will be fixed… Until then, be great.
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Navigating the Best Platforms for Selling Your Food and Beverage Products: A Comparative Analysis of Just Eat, Uber Eats, Food Prepped, Etsy, and Not On The High Street #sellfoodonline #foodandbeverage #foodprepped
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Are you a fan of convenient and delicious food delivery? If so, you're probably familiar with DoorDash, one of the leading on-demand food delivery platforms. DoorDash allows you to order from your favorite local restaurants and have your meals delivered right to your doorstep. But did you know that you can actually get free credits to use on DoorDash? That's right! #DoorDashcreditoffers #EarnDoorDashcredits #howtogetfreecreditsondoordash #howtogetfreedoordashcredits
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Management Consultant | 35 Yrs Corporate | Across 6 countries | CEO Turned Farmer | Curating Memorable Experiences| Building Your Life Style Assets | Pro bono advisor to the needy employees and entrepreneurs|
This post is extremely important for you to read in full if you found any restaurant expensive to eat. I have no equity in this business except that I know the owner well and have watched her grow from the start of this start up. But I am not asking for any sympathy to her - that will make her weak. Challenge her and that will make her stronger. I am asking you to understand that in order to provide a certain level customer service, there are costs which the customer can’t see with the naked eye. If you want quality - of the product and the service - keep in mind it costs. #eatingOut #quality #price
The Balancing Act: Running a Restaurant in the Age of Online Delivery Being a restaurateur isn't just about serving delicious food. It's a constant balancing act, especially in today's world dominated by online delivery platforms like Zomato and Swiggy. Let me tell you, these platforms come at a hefty cost. Their commission fees can be anywhere between 28% to 36%, and that's not all. They often will push us to offer discounts minimum of Rs. 50 to Rs. 100, if not more, further squeezing our margins. And then on is forced to spend on ads for better visibility, else the discovery will be a challenge! By the end of it all, we're looking at a total cost of up to 50% or more! Think about it. That leaves us with just the remaining 50% to cover everything – Rent, Electricity, Back up/maintenance cost, the cost of fresh ingredients, salaries for our amazing staff, cleaning supplies, packaging, and everything else that goes into making your favorite dishes. Here's the challenge: with such a tight margin, sometimes we have to mark up our prices by 30-40%, just to curb the loss, not to make any margins. And, that's when some folks say our food is expensive. But the truth is, if we don't do this, we can't survive. Running on negative margins isn't a recipe for success, for anyone! Listing on these online platforms is crucial – it brings in customers and helps us grow. But surviving in this environment requires a delicate balancing act. We also have to factor in delivery costs, especially for longer distances. And then there are the Google reviews. Sometimes, customers rate us poorly because they feel the price is high or the quantity isn't enough. But here's the thing: to maintain quality, there are certain costs involved. The reality is, if something seems too cheap, there's often a compromise on quality somewhere. The math simply doesn't add up otherwise. Else, you are burning some investor’s money for few years with a hope to do healthy business one day! We, at OriBonng, are passionate about serving you delicious, authentic Bengali and Odia food. But to keep doing that, we need your understanding. The next time you order online, take a moment to consider the challenges we face. Let's work together to create a sustainable future for restaurants like ours, so you can continue to enjoy the food you love! #RestaurantLife #OnlineDeliveryStruggles #DeliveryFees #SupportingLocalRestaurants #BengaliFood #OdiaFood #AuthenticEats #OriBonng #Delhincr #linkedingrowth #linkedincommunity .
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✨ **Boost Your Profits with Limited-Time Offers!** ✨ Restaurants are seeing major traffic and revenue gains through successful Limited-Time Offers (LTOs). Check out this insightful article from Operator's Edge on how to make your LTOs more profitable by tapping into customer favorites like avocado. 🍽️🥑 Read more about how you can capitalize on new and unique flavors that drive consumer visits and revenue: (https://ow.ly/eBt650T6Q5L) #Foodservice #LimitedTimeOffer #RestaurantMarketing #ProfitBoost #AvocadoMagic
