Here are some of the most common uses of the On-demand model.
We are no strangers to food delivery apps. If it’s not FoodPanda, it’s UberEats. There’s no shame in admitting, most of us do not have time to cook. If it’s not that, it’s craving at 2 am.
With food delivery apps, you can order your favorite food from your favorite restaurant.
If you are a food vendor, hear this.
“Online food delivery market is expected to hit $161.74 billion by 2023, according to this survey. While the US is the second most favorable market for online food delivery, its compound annual growth rate is expected to be 11.7% over the forecast period.”
Instacart, the North American leader in delivering groceries, ties up with grocery giants like WholeFoods, and Costco. From Hot Dogs to Alcohol, they provide everything with same-day delivery.
Grocery stores are the place where we all waste a big proportion of our time. Grocery apps bring everything to your door and let you save more time on weekends for friends and family.
Let’s talk about Postmates. Founded in May 2011, they use GPS devices to match consumer requirements with nearby products and deliver them. They charge a nominal delivery fee and are available for 24 hours. They’ve even partnered with McDonald’s and Starbucks and are valued at almost US$1.85 billion.
Pretty cool, right?
Shipt is another famous grocery-delivery business. Their number of shoppers is more than 50,000 and annual revenue is as high as $120 million.
Who doesn’t love shopping? It needs no occasion. This century is a ‘shop from my bed’ century and we don’t see that changing anytime soon.
As the world came to a halt in the Covid-19 pandemic, the On-demand industry kept things alive, especially for E-commerce. You may have noticed E-commerce merchants throwing different kinds of discounts and offers to attract more and more customers. Talking about E-commerce, one couldn’t miss Amazon – The E-commerce shopping giant.
The logo says everything from A to Z is available and the organization proves it. Amazon is spread across various countries and continents.
But what’s interesting is that Amazon has moved from just being a simple E-commerce store to an AI-powered E-commerce store.
Not just that, we also have Walmart doing something similar. They’ve even got an Intelligent Retail Lab, dedicated to redefining their shopping experience by using Artificial intelligence.
Makes you think, of an On-demand app that packs an Artificial Intelligence punch. How amazing would that be?
Every business is going online at a swift pace. The food industry and the general eCommerce industry were already dominating this realm, but you’ll be surprised to see the new types of businesses that have joined the delivery service bandwagon.
Salon owners have also started to offer services on demand. They display the available time slots and customers book to get their hair or makeup done accordingly.
So instead of you going to beauty salons, you could have them come to you.
- Bella on Demand
- The Ritualist
Many industry verticals can step out of their traditional ways now. The fuel industry is one of them, surprisingly. Many fuel delivery startups have emerged across the world. Customers just have to make a few taps on the phone to refill their vehicles.
These startups have gained remarkable fame, specifically across urban areas. Users can re-fill their vehicle anywhere. Also, they can avoid the pain of infinite queues at the fuel stations. Some popular startups are Booster, Yoshi, and Filld.
“Back in 2018, the home services market valued at $281.65 billion. Expectations are that it will jump to USD 1,133.40 Billion by 2026.”
This sector has undergone a massive transformation due to the On-demand economy. The sector is tremendously beneficial for end users because of its versatility. Users have found them extremely comfortable.
There are so many apps that allow people to get professional services in a variety of creative ways. You can book a cleaner, a maid, or even a plumber to come to your house and help around. Yes, we know, people could still do things like these by calling business owners and getting service at home.
But there are dedicated apps now. Connecting a community of service providers and service takers. It has brought immense ease, comfort, and actual financial benefits for everyone involved.