Getting to know about how much does it cost to develop a grocery delivery app like instacart always has a clear idea about. know how to develop a grocery delivery app.
let’s try to estimate the cost of development. The exact price will depend on multiple factors, from the complexity of the app to your choice of developers, but we can give a rough figure for the basic features.
How complex the online grocery application is going to be?
Your target audience & your geographical area to be focused.
The platform you prefer to launch the application.
Do you want to develop the app for android or IOS users or both?
These factors determine the cost of developing an instacart like app.
To build an app like instacart, you need to have the complete features of instacart & should have a clear marketing plan to promote your business online.
Corona is the first virus in the world that has hit every nook and corner of the universe.
For the first time, people have experienced maximum sanitization, social distancing, and other hygiene conditions.
The pandemic has brought gala differences in the lives of people and the way they were living before.It has impacted different industries differently like- transportation industry’s ROI goes southwards due to lockdown, quarantine, and social distancing practices, and, on the flip side, the pandemic has popularized the online grocery delivery industry that results in a record-breaking growth.Let’s understand it with some figures and facts:The revenue from online food delivery uplifted by 17% from 2017 to 2018.The U.S. online grocery market generated sales worth about $28.68 billion in 2019.After the pandemic severely hit the USA regions, the grocery delivery app downloads increased in the range of 150%-200% from February month in 2020 onwards.It was jaw-dropping growth that’s unimaginable.Instacart app scored maximum popularity with 218% increase in downloads, followed by Walmart grocery with 160% increase, Shipt app with 124%, and Peapod, Inabuggy, and whole foods apps emerged at the top with a measurable increase in download rates.In this blog, we will dig deeper into the Instacart success story that’s inspiring new entrepreneurs to build the Groceries Delivery App solution.Let’s dive in!The strategy that gives Instacart a boost where its competitors failed Three-tier strategy based on the no-inventory modelAddition of unique featuresA successful partnership resulted in high profitsRevenue model to monetize on what’s investedInstacart uses five monetization strategies to earn revenue that are:Delivery feeMarkup feeService feeMembership feePartner paymentsPrice surgeHow to build an Instacart like-on demand Grocery Delivery app solution for Canada?Read More: Build A Grocery App Like Instacart
