How much does it cost to start a food delivery business in 2021?
The food delivery marketplace business has been popular for a long time now and due to COVID 19 period, it becomes a lifesaver business for food joints. In today’s digital life, customers are so busy with their daily routine that they are used to order food online either for delivery or place advance orders to pick up on the way.
Even post covid period, in a new way of business operations, still customers used to place orders online via the website or mobile apps for dine-in, pickup, or delivery. So, Starting a marketplace business using a food delivery marketplace applications business is a promising opportunity and good business for today’s generation of entrepreneurs that’s why food aggregators are popular these days like Ubereat, Doordash, Justeat, etc. Where all food joints joined the platform and the platform owner provide services of dine-in bookings, pickup & delivery of the orders placed by the customers.
How much does it cost to start a food delivery business in 2021?
Cost directly depends on various factors, first we see what are they and then we see how the different variables of cost come in starting a food delivery business. Today we will discuss the cost of tech solutions you need to start a food delivery business.
Tech Solutions you should have to start a proper food delivery business with a vision to grow big at latter stage of business:
- Multi Restaurant Food Ordering Website – A proper mobile responsive website, where your customer comes, find their nearby restaurants and place orders from their desk systems. Yes, today also there is some percentage of users who still spend their majority of time online on desk system and like to use websites instead of mobile apps.
- Web Backends for Merchants – There should be a dedicated backend for merchants (Restaurants) so that they can easily manage their food menu, daily offers, their listing data easily. This web backend also shows their time-bound sales report, financial details, etc.
- Master Web Backend for Platform Owner or Staff – There is a master web backend system to manage all merchants, their accounts, orders, offers on the platform, manage features of website & food ordering mobile app, everything. Master admin can give permission-based access to their staff to manage the operations of the business.
- Web-based Delivery Web Console – You should have a web-based delivery web console to manage & track the delivery team, who are online or offline, their present locations, track their activity, order delivery status, etc.
- Multi Restaurant Food ordering Apps – Similar to a website, there will be mobile apps on iPhone & Android platform where your customer automatically get nearby restaurants, browse their food menu, make orders and place the orders. There is added advantage to having mobile apps. As a marketing campaign, you can send push notifications to the user of apps directly.
- Restaurant Order Management Apps – You should have mobile apps for your restaurant owner to manage the orders on the go or with handle mobile devices. Because it is sometimes inconvenient to always sit on the computer for using web-based order management platform. It will be easy for your restaurant staff to manage orders from apps with few clicks only.
- Driver Apps – This mobile app is for riders of your Food delivery marketplace applications so that drivers can find the delivery task on their mobile, customers can track order delivery in real-time on a map, etc.
Above are the list of tech solutions which are must to start a food delivery marketplace business.
Factors which effects the different cost of food delivery business applications
- Custom Vs Ready to use solutions – For getting ready with your tech solutions either you can go with custom development where all applications will be code on your instructions and list of requirements. This generally expensive and takes around 4 – 5 months of development then a few weeks for testing, etc. Whereas in present time many companies offering Ready to use food delivery marketplace applications. Ready to use food delivery marketplace solutions are already tested solutions because they already running with customers before and generally of very less cost as compared to custom application development.
- Location of the developer – In the tech world there are two ways of getting your solution acquisition – either you contact your nearby food app development company or can lookout food app development company from offshore countries like India. There are huge differences in cost in the way you choose to go forward. If you are based in any region of western countries then your nearby company charges you somewhere around $50000 – $100,000 for complete solution development. Where has the same solutions with the same quality of the development you can get for $15000 – $20000 from Indian food app development company.
- Types of features – What all types of features you would like to have in food delivery marketplace applications is also one of the factors in how much the application will cost. More features, More complicated features cost you higher whereas standard food marketplace features cost you less. But this all happens when you select the way of custom application development. Whereas in ready-to-use food delivery marketplace applications you can reduce the cost from just opting you want to launch with the website or without a website or with apps or without apps.
Conclusion:
To start using tech solutions immediately within few days only, we would suggest you go with ready-to-use food delivery marketplace applications which will cost $1999 – $2599 from Foodappsco.com Where you need not wait for months for developing your applications. or, the second route is custom tech solution development that will cost you between $15,000 – $20,000 from India and $50,000 – $100,000 from your nearby development company if you want to develop custom applications. Then you need to take some budget for your brand making, marketing & restaurant owner signups.
