How Much Does It Cost To Develop An App Like UberEats?
Digital screens are deciding the market everywhere, right up from the North to the South pole. Building trust and convenience in ordering food online are reflected in the dinner table. Most of us today enjoy our meal with just a touch of the screen. But, what does it really take and costs to create an app like Ubereats? Wondering how it could be done? Let’s find out.
UberEats business model
The American taxi brand, Uber, made its foray into food delivery in August 2014 as Uber fresh services. In 2015, Uber fresh services became UberEats.
UberEats is an aggregator, as well as a delivery agent. It offers access to multiple restaurants and provides delivery for restaurants that don’t have their own delivery service. Search filters, Location tracking, payment modules, and rating system are some of the features introduced by UberEats.
UberEats is a precisely designed food triangle between, end customer, delivery partners, and restaurant partners. Restaurants update the menu and prices on the app; End customers order the food needed; Delivery partners ensure that the food reaches the end customer.
UberEats has 3 major transactional segments, Business, partner, and customer. These are 3 channels through which UberEats earns/invest money.
It operates on a 3 tiered transactional strategy:
Business to Business (B2B): The relation of UberEats with Restaurant partners falls under this strategy. Restaurant partners are already existing businesses, which benefits from UberEats (another business), in return for money.
Delivery agents are not employees but partners of the brand. They fall under the business to partners strategy. They are independent partners who benefit from the business and earn revenue through it.
Business to Customers strategy applies to the end customers, who receive food for cash, and benefit from amazing discounts and offers.
Customers can order food via two methods:
Real-Time Ordering: ASAP option helps the customers to get the food immediately after ordering. The food is delivered to the customers within 30 minutes.
Scheduled Ordering: Pre-schedule option favours a well-planned dinner. Orders can be customized according to the delivery date, time and destination address.
How does UberEats make money?
UberEats charge delivery fee from the customers. Usually, these are surplus charges along with the food cost. An additional fee is charged if the weather conditions are bad, this adds profit and reputability in the long run.
UberEats earns itself some recurring revenue sharing for the orders fulfilled by UberEats. This ranges from 15% to 40%, depending on the maturity of the market.
They charge their restaurant partners a marketing fee to prioritize them in searches. And with the rapidly increasing number of restaurants, it becomes even more important for restaurants to gain visibility on the app.
The cost to make an UberEats clone:
In the billion-dollar game played by the food industry, time only will decide which company will make it to the top. Anybody with the correct resources and knowledge can climb up on the business ladder.
A number of factors play a role in deciding the cost of making an UberEats clone. Creation of web and mobile interfaces on both ends, supply (Restaurant and driver) and demand (customer) are the basic elements to build an MVP. CRM and dashboards are important components for the admin panel. API seals everything up, to operate on top of central databases and control logic.
Setting up an UberEats clone using an UberEats like app platform, will cost around $3.4K to $12.9K. The variation in prices depend upon the following factors:
Quality Analysis: The testing process differs according to the needs.
Features offered: Advanced reports and analytics are offered in the premium package.
Number of stakeholders
Number of platforms that are part of the initial launch
Complexities in the business model
Operational region of the development team and the engineers
Check out our UberEats clone. Be your own boss, keep innovating, and let us handle the technicalities.