The latest COVID-19 pandemic has sparked a surge in demand for on-demand delivery apps. Aside from panic buying, such delivery apps are used as a tool against contagion all over the world. Customers choose to place orders online via an app and have them delivered to their door, keeping them safe from the virus.
The market for On-demand delivery solution has expanded to include more than just taxis. Food, shopping, errands, maids, dog walkers, and B2B logistics are all available on-demand. Platform-to-consumer revenue has now reached $70,741 million.
Experts predicted annual growth of 8.2 percent, even before the coronavirus. On-demand delivery services have become synonymous with taxis and food delivery thanks to their well-known brands, but they're diversifying.
On-demand Delivery Stats
- According to an HBR report, millennials account for roughly 49% of on-demand customers.
- From 2018 to 2020, the on-demand food delivery industry will expand at an unprecedented rate, with a CAGR of over 14%.
- According to Apptopia numbers, on-demand delivery apps like Walmart Grocery Instarcart, Target and Shipt have seen a 160 percent, 218 percent, 98 percent, and 124 percent increase in daily downloads in the last few months.
In recent years, on-demand delivery apps have become popular, and they can help customers communicate with businesses more easily. From cabs to groceries, food delivery to laundry, long-distance car rentals to electrician services, and personal health services, these applications can assist in a variety of service sectors.
Many online businesses have realized the value of getting an app that can help them grow their business while also building a strong brand image. As a result, the market for high-quality on-demand delivery service apps has risen.
Why do companies invest in on-demand delivery applications now?
On-demand delivery apps can provide both conveniences for your customers and efficiency for your company. Let's look at some of the reasons why you should build on-demand apps for your company.
Ease of doing business
On-demand delivery apps put you in direct contact with your customers. In several ways, it functions as a digital network that makes it easier to offer services or goods. People nowadays tend to use their smartphones to explore and buy products. On-demand services cater to these smartphone users, and reaching out to them is a simple way to expand your market.
On-demand delivery applications can boost customer demand and increase your company's revenue. The app can expand your business faster than any conventional approach. The greatest business benefits from on-demand applications in some ways are business simplicity.
Social distancing and lockdown
Governments are clearly encouraging social distance as one of the ways of dealing with this virus. However, many people aren't leaving their homes because of social distance, which in its turn leads them to use on-demand services.
It isn't a bad idea from a rational viewpoint. Everyone tries to understand things and start a different way of life, and these apps are only available to facilitate this area.
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Increasing efficiency
On-demand apps enable automation and the digitization of all business processes. They also shorten the time it takes to exchange services by removing the middlemen from the equation. Furthermore, apps reduce human contact in every process, from purchase to delivery. It makes services more efficient and timely than traditional methods of delivery.
Multiple Payment Options
Customers have a variety of payment options while using the on-demand app. It allows users to make payments using a variety of cashless methods, including credit cards, net banking, mobile wallets, and debit cards. Furthermore, on-demand delivery apps provide safe and convenient online payment options. Customers tend to pay online, and on-demand applications help you take advantage of this trend.
Real-time tracking
This is one of the greatest advantages for businesses and consumers of on-demand applications. With the use of an app, customers and business owners may track the delivery of their orders in real-time. By providing the real-time tracking feature through which they can easily track their orders and get an estimated time of arrival you can enhance transparency and increase trust among your customers.
Cost-effectiveness
The on-demand delivery app development process includes the use of cutting-edge technology to create an app that reduces the dependency on human resources through automation. It can save a lot of money as operational costs.
Also, the on-demand delivery app can act as a marketing tool and you can promote your business and save cost. The app handles every vital operation, from marketing services to accepting orders, tracking parcels, and answering questions.
Wrapping Up
Even in the midst of the COVID-19 pandemic, the on-demand economy is growing. Any company will benefit from the advantages of thriving on-demand delivery systems to complete vital tasks and provide better services to their customers.
The market for on-demand delivery apps is exploding in a variety of industries. Developing one from scratch, on the other hand, necessitates a significant amount of programming expertise and experience.
Customers get a customized experience with the on-demand delivery app, which also helps businesses grow. It can also be used as a low-cost marketing tool to boost a company's online presence. You needed an experienced team to work on building an on-demand delivery app without incurring the high costs of recruiting a whole team.
In a nutshell, now is the time to seize On-demand delivery business opportunities and invest in On-demand app development, regardless of your business model or industry sector, in order to stay ahead of the competition and achieve a high Return on investment.
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