According to Statista’s in-depth analysis of India, the revenue in the Online Food Delivery segment is projected to reach US$10bn in 2020. Food delivery apps have started making it big in the subcontinent just like various e-Commerce giants like Amazon & Flipkart.
Patting populous countries like China, United States, and India, the food delivery business goes on a long stride to reach less dense nations too. Believe it or not, the statistical growth covers both Platform-to-Consumer and Restaurant-to-Consumer delivery methods.
Brands like Zomato, Swiggy, Uber Eats, Dominos, and Foodpanda have captured 80% of usage share in India. The throbbing settlements in the region get pumped by the competition spanning over 500 cities of this country.
The Ingenious Idea To Make It Big – The Real Difference You Make
Big businesses don’t thrive on big ideas. They create small ideas & make it work. If you have a simple idea, which is technically sound and marketable – the potential could break all the barriers. You should strive to create an app like Uber Eats, but with a motto to deliver better than them.
The chances of failing aren’t specified in the notebook. However, you can’t go broke at once. Making an on-demand food delivery app for your own restaurant, or coming out as a food aggregator with a logistics team of yours has impeccable opportunities for reaping extraordinary rewards.
Zomato-like app building costs vary from panels to features to tidbits of app development. In the following, we discuss those intricate parts that often go missing from a vague explanation of food delivery app development costs.
Popular Models of Food Delivery Startups
Different brands have set an intense template for revenue collection. We discuss three major kinds followed in the industry.
1. Restaurant-to-Consumer Delivery
The direct of all is that of a restaurant delivering scrumptious foods using its own logistics. As a restaurant owner, you may have been receiving call-based orders from the customers. Deploying an app for your existing clientele gives them the ease of ordering food items as per their convenience & time instead of letting your reception point busy for a long time.
2. Platform-to-Consumer Delivery
In this model, you’ll need several delivery partners on your payroll so that food vendors or kitchens or restaurants can register on your app. When a customer places an order from the listed items off the menu setup by their favorite restaurant, the delivery guy picks up the order from that restaurant to deliver at the customer’s doorstep.
3. Food Aggregator (order-only)
The food aggregator for the order-only structure doesn’t own any resources, except the app. You simply facilitate a platform for both customers and food vendors to engage in transactions of food & payments. Here, you can charge a commission against an order for earning revenues.
Costs Breakdown Of Making An On-demand Online Food Delivery App
Have you wondered why various app development companies have set different price points regarding food delivery app development costs? Simply put, an app’s cost depends on a wide count of factors associated with what you’re trying to achieve or accomplish.
For example, a Honda car’s LX model costs several dollars less than the Touring model because the latter offers Smart Entry, One-Touch Power Moonroof with Tilt Feature, Roof-mounted Antenna, and several other features. Likewise, food delivery apps incur differentiation based on developmental costs.
Building a hands-down copy of Zomato or Uber Eats may sustain bizarre costs for a newly-built, capital-restricted startup business or restaurateur. Therefore, these costs may vary anywhere between $1000 and $1000000 or more.
Despite this challenging equation of features & costs, we share a breakdown of costs based on various factors associated.
· Technical Documentation – ($1000 to $2000 for 40 Hours)
· UI/UX Design – ($1000 to $3500 for 60 Hours)
· Front-end & Back-end Development – ($5000 to $20000 for 400 Hours)
· MVP Testing – ($1500 to $3000 for 80 Hours)
· Simple, Polished, or Package – ($1000 to $3000 for 40 Hours)
For the unversed, the developers across the globe may charge differently:
· India-based developers – $10 to $100 per hour
· Europe-based developers – $35 to $200 per hour
· US-based developers – $50 to $300 per hour
We can roughly deduce the costs to range between $9500 and $31500. Nevertheless, this can’t come on the final terms due to several other reasons, such as technology stack, functional services, administrative services, infrastructure services, and IT support services. The annual costs of each of these services may deflect from time to time. We recommend you ask the company for providing you with a detailed insight of costs without leaving anything hidden from you.
What Are White-labeled Apps – How Are They Beneficial for A Startup
It takes a tough decision to relinquish an idea without even trying. As someone who believes in developing a business model out of scratch, you can choose to install a white-labeled app as the core of your business. This turnkey solution comes at a reassuringly low price from a third-party service provider and sold by a reseller.
Building a whole new app altogether requires high-quality app development costs. Meanwhile, you can hit the ground running with a white-label partner after analyzing these facts:
· Guaranteed custom app development
· Progress reports and early app reviews
· QA testing and critical analysis
· Compatibility check factor
· Cross-platform suitability
· App submission validity
· Additional customer support
When adhering to the new norms of a startup business, the costs may double or treble with the passage of time. These randomness or irregularities cause aspiring entrepreneurs to abandon their idea and search for a traditional mode of business.
A white-labeled app may cost you as low as $1000-$5000 with minimal setup and additional costs. Also, you can choose to opt for easy-finance options for payments, especially if you lack funds.
Conclusion & Suggestions
Cracking a food delivery business model or establishing a startup company doesn’t face a blockade unless you try and make one for yourself. You can consult an expert for on-demand food delivery app development solutions with a specific budget in mind. They will produce cost-effective ways for you to achieve your objectives and ultimate goals.
Still, the costs are haunting you? It’s time to contact the expert and know the figures!
