So today we will
be talking about the difference in the strategies adopted by both Zomato and
Swiggy…We will be discussing the outcomes of both of their strategies and how
have they both influenced the Foodie Lifestyle in India… So Let’s Jump right into it:~
Before we proceed, why don’t we all say a huge thanks to both companies who
have helped us get our hot and spicy food delivered to our home in just a
click…Remember Old Time when you were supposed to call the restaurants, then
have a way long wait and finally listen “Our apologies, we don’t have any
delivery boys serviceable in your area”.
I know how painful was to listen to this after craving and waiting for a long
time for your food to be delivered…Nowadays, You can order food from your
favorite restaurant by one click and it gets delivered to your home! Easy,
Right?
Now let’s talk about the common strategies used by both Swiggy And Zomato.
The main fact is both have invested a lot of money in expanding their reach to
more and more people…Simple Fact is what they use…which is “Higher The Reach,
More the Profit”
Both Aggregators have invested or bided money in the market like candies…They
have had to invest a huge amount of money in buying technology & employees.
This much investment can result in only 2 outcomes; either a huge amount of
profit or wrecking amount of loss…And For sure, it is not possible that both
companies can have a profit or loss…If one suffers from Loss, the other gets
rich by profit and vice-versa.
The main official battles started between the two companies when they did
every tactic to lure out customers to order food from their website...This
meant giving huge amounts of discounts to customers than the other company…
This resulted in the benefiting of the customers at last…Both companies
battled through fiercely getting stuck in the cycle of loans day by day…
What was needed now was the attitude to not-give-up…Both companies knew that
giving-up now will result in destroying the company, but the cycles of loans
eventually got Zomato out and it stopped giving the exclusive offers that it
used to give to the customers…
On the other hand, Swiggy continued giving offers, but in a limited way, though
it continued to lose money and at last, we get the figures that Swiggy reported
losses around 2300 crore whereas Zomato at around 1000 crores.
Now try and understand the difference in the services provided by both of them:-
Zomato is set up mostly for dining out purposes, booking a seat, a banquet
hall, and stuff like this…
It is Swiggy that primarily deals with delivering restaurant food to your home…
And this is where the difference starts occurring, People in India, Have a lot
of interest and are willing to buy food and get it delivered to their homes
instead of going out for dinner…they prefer eating dinner at the house with
comfort…That’s the strategy of Swiggy…On the other hand, Zomato has declined
its popularity because of a lot of issues including Muslim-Deliver Boy, Less
Offers and also its interface…
Namely, if we could specify a winner out of both, we all know who the winner
is;
Swiggy, as it has a lot more popularity than Zomato, and no doubt, if Zomato
doesn’t take steps, Swiggy will overwhelm it in a couple of next months…
Comments
Post a Comment