Have you ever wondered how companies like Uber and Ola created so much wealth in such a short period? Have you ever been interested in their business model? You must have been, given how these firms have become inspirational and aspirational brands for every individual seeking a successful career.
The model you have been looking for is the aggregator business model. Aggregator markets have appeared to be an ideal platform as they bring together many suppliers and alternatives to pick from. Aggregators are a popular eCommerce business concept in a variety of industries, including food, taxi booking, cosmetic goods, and fashion. Food aggregators and taxi aggregators are the most often utilized on-demand aggregator firms, such as Uber and Zomato when discussing aggregator markets.
This recent growth in this sector has sparked the interest of entrepreneurs who want to start an aggregation business. If you’re also interested in developing food aggregation apps or launching a taxi dispatch app like Uber, the first step is to understand the aggregator business model?
Read further to know more about the aggregator business model, it is working, and the revenue you could generate from this business model.
