Sudden food cravings can give people tough times.
What do you do when you crave your favorite ice-cream? Do you physically go searching for the same or prepare it yourself? If yes, then maybe you are living behind time. Why go searching for your favorite food or spend hours in the kitchen when you have better options like DoorDash.
According to Forbes, the demand for online food services will keep rising by 20% each year, notching the figure of $365 billion in revenue by 2030. This increase in the popularity of on-demand food delivery services is due to rising consumerism and millennials driving the demand for food at the doorstep.
Due to these factors, competition in this segment is increasing day by day. Boosted by increasing demand and sales of established players like DoorDash, new entrants are venturing into this tried and tested segment and are doing well.
If you are also planning to enter into an on-demand food delivery business and wondering “how does DoorDash make money”, this article is for you. An in-depth analysis of the DoorDash Business model can give essential tips and tricks to establish and even successfully expand a new food delivery business.
So, let’s dig in and explore the success story of Doordash: