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F&B On Demand
- Industry
- food and drink
- Product Type
- service
- Problem
- Unreliable, expensive and limited access to F&B services
- Market Size & User Personas
- Currently serves 2,500 users and growing with focus on large cities and university areas
- Solution
- F&B On Demand is an online platform that provides F&B services to customers anytime and anywhere. Customers can place orders where they are and have it delivered through our network of F&B providers.
- MVP Features
- Customers can place orders on the web or mobile app,track and view past orders,view available delivery/pickup options,pay online and leave feedback,F&B providers can accept orders and payments, update order status, get payment in real-time, rate customers, customize delivery/pickup process
- Implementation Details
- The platform will be hosted using cloud services, and developed using cross-platform mobile technologies. Payment integration will be done via secure 3rd party providers. Delivery/Pickup will be handled by integrated F&B providers.
- Value Proposition
- F&B On Demand offers a reliable and convenient experience of access to F&B services. Its convenience and ease of use makes it a perfect choice for customers looking for F&B services on-demand
- Pain Points to Solve
- The current market of F&B delivery services is unreliable, expensive and limited. F&B On Demand provides a reliable and affordable on demand service that customers can rely on any time.
- Sales & Marketing Channels
- Marketing will be done through both online and offline channels. Online channels will include search engine marketing, social media marketing, online ads, blogging, content marketing, email campaigns etc. Offline channels will include outdoor billboards, flyers and radio ads.
- Revenue Stream Sources
- Subscription fees, order commissions, delivery charges and advertisement fees
- Cost Structures
- Hosting fees, personnel costs, software development and maintenance, marketing costs, payment processing fees
- Key Activities
- Manage customer relationship, manage provider relationship, distribute marketing materials, develop software, maintain and optimize platform
- Key Resources
- Software development and engineering resources, customer and provider relationships, marketing resources, financial resources
- Key Partners
- F&B providers, marketing agencies, payment providers, legal advisors and other service providers
- Competition Landscape
- Currently there are several F&B delivery startups operating in this space. But most of them have limited focus on certain cities and have limited service options.
- Competition Advantage
- F&B On Demand is a full-featured platform with wide coverage and wide range of F&B services. Its advanced features and convenience make it a perfect choice for customers.
- Idea Validation Steps
- Surveying customers on the current F&B delivery services, conducting focus group discussion, market research, running pilot test, developing a minimum viable product
- Potential Business Challenges
- Competing with established players, attracting and retaining customers, properly managing customer and provider relationship, adequate flow of orders