Zomato: Phalit Gupta Sybba A-46
Zomato: Phalit Gupta Sybba A-46
Zomato: Phalit Gupta Sybba A-46
Phalit Gupta
ABOUT THE FOUNDER
Deepinder Goyal is the Founder and CEO of Zomato.
Prior to starting Zomato, Deepinder worked as a
management consultant with Bain and Company in
New Delhi. It was at Bain that Deepinder conceived
the idea of an online restaurant information service
after seeing the demand for menu cards among his
colleagues. He left Bain in 2008 to start Zomato (then
foodiebay) out of his apartment and has since
overseen strategy and product development.
Deepinder graduated with a Mathematics and
Computing degree from IIT Delhi in 2005 and hails
from Muktsar in Punjab.
INTRODUCTION
Zomato is an Indian company that started as
FoodieBay back in 2008
It was renamed as Zomato in November 2010
Backed heavily by InfoEdge and other investors, the
company has raised about $113 million till date with a
valuation of about $660 million.
In 2012, it spread wings globally and started acquiring
restaurant listing companies in emerging markets and
made five low key acquisitions before gobbling up
UrbanSpoon to mark its entry into the biggest of all
markets – US.
MISSION VISION
Are committed to nurturing a neutral To be the global platform when
platform and are helping food someone is looking for food locally
establishments maintain high
standards through Hyperpure. Food
Hygiene Ratings is a coveted mark of
quality among their restaurant
partners.
$5,000
BUDGET FOR EVENT PROMOTIONS
Facebook, Twitter, Pinterest are the 3 main platforms which made the
base for the success of Zomato with a deep presence among their
customers.
#LOGOUT
CAMPAIGN
CHALLENGES FACED IN ONLINE
FOOD DELIVERY
Being in the daily meals market, they have to work with very low ticket sizes starting at Rs 50/- with
no minimum order requirements or delivery cost. Considering the costs associated with food
production, packaging and delivery, maintaining a strong unit margin is the biggest challenge.
A very high competition is already present in the market, who have set the parameters to be a
successful among customers.
Confusion may happen between the restaurant and Zomato which may effect the end customer and
the customer has to suffer.
Brand Zomato puts its name on stake if anything gone wrong because of restaurants or the delivery
will surely effect its image .
Keeping track of their competitors. It is always important to know what other brands in the same
space are doing since there is a strong overlap in target audience.
APPORACH TOWARDS SOCIAL MEDIA
Right now Zomato promotes itself as a food network. On
Social Media, they follow simple strategies of always be
there for customers and only best content needs to be
sent to customers. They treat Facebook and Twitter as
two different platform. Twitter is more used.