How Food Delivery Apps Created a Business Where No One Wins
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- Опубликовано: 17 июн 2024
- An analysis of the food delivery business model and why it has come under scrutiny.
Food delivery apps like DoorDash and UberEats have completely revolutionized how people order food. Because of this, these companies bring in billions in revenue. However, despite all of this, some argue that this business model is not sustainable because it hurts everybody involved in the transaction: the restaurant, the delivery workers, the customers and even the companies themselves.
00:00 - Food delivery has exploded
01:02 - The food delivery flywheel
02:55 - Low worker pay
05:08 - Hurting restaurants
07:36 - Money losing business
08:47 - Fee overload
10:40 - What next?
One day, this channel is going to be very famous like reallifelore, veritasium or business insider. I appreciate your work and wish you luck for further videos. You will be succesful, never give up. And I want to thank you for informing me in a enjoyful way.
Wow, thank you for your support!
@@MBA-Maven Keep it up man,
This channel has everything it need to go big, just consistence and compound effect would soon make your platform scale.
I have been impressed with all of your videos that I've seen so far.
You’ve got to be that guy in Crafting Cases. Auto subscribed.
Nice insight, thanks!
I feel conflicted about gig food delivery. It's exploitative and pays poorly, but the flexibility is exactly what some people need. It's a critical lifeline for many of my disabled friends, but the high price adds to their burdens. As you said, nobody is winning.
amazing vid from you never stop
In India, we've Zomato as a food delivery service provider but is actually profitable since last year, maybe you should do a deep dive and make a video out of it.
Zomato is not profitable since last year, they just made a profitable quarter
You should check the company's statement, they have been posting profits since last 4 quaters which is 1 years FYI@@pankajsaraswat7998
And a profitable quarter means more profitable quarters are required. Which means they will squeeze the delivery guys whenever they have to make their books look good. This business model is flawed.
@@pankajsaraswat79982 quarters now structurally perishable
in india and china, the densely populated metropolitan and cheap labor might make delivery business viable. but i think its nothing to boast about. Have you ever seeing delivery man sitting on motorbikes swiping on phones expressionless outside restaurants? Its sad.
Their logistics and orders not being picked up are the two biggest issues. They also spend too much on advertising. There is no minimum order amount, and no borders on zones.
I never, ever, ever use food delivery services. Waste of money
No it just depends on how much you value your time.if you place a low value on your time, then yeah it seems like a waste of money. If you're a busy person and thus place a high value on your time, then it's great
Your videos are informative..presentation is good.i have only one suggestion .please improve pronunciation. It will increase your audience
I don't agree with this at all. You have an accent, but your pronunciation is perfectly understandable
now that i have watched with video on, use the previous voice although i dont mind it since i use cc
53 seconds ago is crazy
I don’t like food delivery apps
he clearly doesn't know about Zomato!
Go back to using the previous voice over.... It was better, in my opinion
they have two narrators, they stated in some comments that it's not an AI
That is correct. I've decided to use a combination of both voices--mine and my friends--going forward!
Do you want me to do a voiceover for your videos? No AI.
It is not ai he is using his own voice
I think the Kai Keeper is suggesting he will do a voiceover and not use AI. But yeah, the channel owner doing it here is using his own voice
Zomato is profitable in india
If I spent 3000 in total and earn 100 eventually I don't think it'll stay profitable hopefully they will