Zomato delivery

“During the IPL seasons from 2017 to 2020, online food-delivery giants made a significant presence on prime-time television through their advertisements. They brought in users with attractive discounts ranging from 50% to 60% at a wide array of restaurants. These efforts led to a more than 50% spike in the IPL 2020 season. However, in the 2023 IPL season, there was a noticeable change in approach,” said ET reported on March 26, that many consumer internet companies and startups, which had been heavy advertisers and sponsors during the IPL over the last few years, such as According to the report, food-delivery companies saw a steady rise in their business between 2018 and 2020, rising from 43% to 52%, respectively, however, a major dip was witnessed in 2020 when the IPL was postponed due to the Covid-19 pandemic. Though the numbers picked up in 2021 and 2022 at 6% and 7% growth, respectively, they are nowhere close to the pre-pandemic levels. Further, among customers from tier-2 cities and beyond, food-delivery registered a growth of almost 2.5 times compared to mature markets. Hunt for profitability Swiggy and Zomato are chasing profitability as market conditions continue to be volatile and investors stay away from writing hefty cheques. Swiggy's cofounder, “As of March 2023, Swiggy’s food-delivery business has turned profitable (after factoring in all corporate costs; excluding employee stock option costs),” Majety wrote in a blog post. “This is a milestone for food deliv...

Zomato is India’s most popular online meal delivery service, with a presence in nearly every city. When it comes to making money, Zomato Delivery Boys are a great option for those who are prepared to put in the effort. Whether you’re a college student looking for extra spending money or a professional looking for immediate full-time work, this delivery job is an option to explore. According to Zomato’s management, they are always looking to hire the best and the brightest to join their team. The Zomato Careers website is the first port of call for people looking to enter the workforce after completing their formal schooling. In 2023, there will be a slew of people applying for Zomato Delivery positions. If you want to apply for the Zomato food delivery job 2023, don’t wait any longer. Zometa Delivery Boy Job Overview To become a Zomato food delivery guy, carefully follow the instructions on how to apply online. Job standards and requirements that are easy to meet and adapt to. Please submit your application as soon as possible. The Best thing is that anyone is welcome to apply for this position. Zomato’s delivery partners don’t need to be qualified in any way. You only need to be able to read simple English in order to participate in this activity. In this section, you will find all the information you need to know about the organization, to apply for the delivery boy job along with the responsibilities, salaries, incentives etc. Zomato Delivery Boy Job Details Criteria De...

In the quarter ended March, Zomato reported a notable increase in its contribution margin. The online food delivery company’s contribution profit as a percentage of gross order value increased to 5.8% from 5.1% in the December quarter. But as the subscription packages gain traction, there is a risk to margins. This is because such programs offer unlimited free deliveries subject to certain conditions. Having said that, subscription packages are crucial to boost ordering frequency. Zomato launched its membership program, Zomato Gold in late January. “In our view, the differential pricing of packages will aid higher contribution margin on these orders, as customers with higher ordering frequencies will be charged a higher package price," said analysts at Kotak Institutional Equities in a report on 12 June. “While the attractiveness of the Zomato Gold or Swiggy One package may come down for these customers, we believe they will still be better off than the scenario of no subscription at all," added the broking firm. Meanwhile, Zomato’s quick commerce business, Blinkit is currently in the red, though the rate of losses has been declining. “After peaking in 2022, competitive intensity in quick commerce seems to be receding, with BigBasket veering toward 45-60 minute delivery model and Jiomart scaling down its services offered via Dunzo," said the Kotak report. Thus, Blinkit’s major competitors are Instamart and Zepto. As such, investors would do well to track Blinkit’s road to ...