How Does Postmates Work? What Is Postmates? How the app earns money? A number of questions ring a bell in mind whenever we hear the name Postmates – an exclusive on-demand delivery app which recently notched $100 M in funding.
While the service is majorly used to order food from restaurants and cafes, it has also expanded its operation for delivering groceries in some areas. Postmates’ concept is quite similar to Uber – On-demand taxi app – with only a few minor differences. It delivers the goods with the assistance of their human messenger systems which empowers individuals to order anything from anyplace inside the city.
Much the same as Uber drivers, Postmates delivery guys get request notice on their cell phone and GPS is utilized by the app to match request and supply in the shortest possible time.
Its exceptional business model has gotten a decent amount of funding from speculators and has helped the organization secure a huge customer base. The app Postmates was launched in the year 2011 and in a short span of 4 years, it has turned out as an immense success.
It has acquired 3 organizations till date and their most recent acquisition was Bold – a platform for writing long-form content – on Jun 10, 2017. To understand how the app works and bring money to the table, let’s break its strategic business model in small chunks.
