Compared to previous times, the food delivery landscape has undergone major shifts. Certainly, smartphones have become a very crucial asset for people nowadays. As a result, business services have shifted online, and the food & restaurant business is one of them. From booking a cab to shopping and ordering food online, smartphones are now used for everything. Among all, the food industry is reaping amazing benefits and more businesses are planning to develop an app like Postmates, app like Talabat, and more.
Today, the on-demand food delivery business seems perfect for existing food businesses and one of the best niches to step in. No working professionals prefer to step out after their hectic schedule to grab some food. This is where online food ordering app services come in handy. So, if you are also planning to develop a food delivery app for your food & restaurant business, this blog is useful for you. It will help you know everything about food delivery app development.
What Is Postmates Application?
Postmates is basically a go-to application for users that has made shopping more fun and enjoyable than ever before. Founded in 2011 by Bastian Lehman, Sean Plaice, and Sam Street, this on-demand application has gained immense popularity to date.
One of the distinctive features of this application is that it works as a messaging service. The users just have to fill in the form to become a courier. Also, the method of ordering and making a payment is simple as compared to other food delivery app development services.
|Launch date||1 May 2011|
|HQ||San Francisco, California|
|People||Bastian Lehman (CEO), Sean Plaice (CTO), Dara Khosrowshahi (Uber CEO) |
Market Value & Statistics of Postmates App
- In 2o19, Postmates generated $500 million, which further increased to $200 million by 2020.
- The Postmates food delivery app currently has around 10 million active users who place around 5 million orders per month.
- In 2020, Uber acquired Postmates for $2.65 billion.
- As of now, 600,000 merchants are Postmates partners.
- Postmates covers around 80% of the US food delivery market.
If you are still wondering about Postmate’s revenue, profit, and valuation in the past few years, refer to the following data.
|Year||Postmates Revenue||Postmates Valuation||Postmates Profit|
|2016||$135 million||$0.5 billion||$1 million|
|2017||$250 million||$1.7 billion||$48 million|
|2018||$400 million||$2.5 billion||$60 million|
|2019||$500 million||$2.6 billion||$80 million|
Simple Steps to Develop A Food Delivery App Like Postmates
Before you create an app like Postmates, studying and analyzing the food delivery application is a must to make your app successful in the coming time. So, follow these simple steps process for successful food delivery app development.
1. Conduct Enough Market Research
Conducting market research and analyzing competitors is a very crucial and foremost step in the food ordering app development process. You won’t be able to build an app like Postmates unless you have an idea. Agree? So, dig deep to know everything about Postmates or relevant food delivery apps like Talabat, UberEats, etc. Gathering enough information will help you during food delivery app development and, in turn, results in the app’s success and profit.
2. Understand the Food Delivery Business Model
Every mobile application has different business models associated with them. So, before you develop a food delivery app like Postmates, understand its business model to know which one is best for you. Generally, there are three basic models available –
3. Order & Delivery Model
This food delivery business model handles customers, restaurants, and delivery. It is one of the most-commonly used marketplace solutions used by businesses. Popular food delivery apps like UberEats, Zomato and Doordash work on this model. This food ordering system accounts for a larger market share of 48.6% in 2017, with proven business results than the other models.
4. Order Only Model
In this type of business model, the food delivery app acts as a bridge between the users and the local restaurants via an online platform. The major aim of such food delivery business models is to reach a larger audience base. Also, the model helps users easily order food from their favourite restaurant. Popular food delivery apps like JustEast and Grubhub work on this model.
5. Fully Integrated Model
This business model revolves around meal delivery Startups which is completely different from the above-mentioned food delivery models. Businesses, planning to start their venture, can go for this business model. Some popular meal delivery Startups like Eat Purely and RocketFood utilize this model.
6. Think of Something Unique
As there are thousands of food delivery applications available in the market, you need to think of something new to create an app that stands out. Besides incorporating the basic features and functionalities, try to think of some advanced features for your food delivery app. To accomplish this, it is advisable to conduct extensive research to identify missing things in the existing applications.
7. Stay Updated with Latest Trends & Technologies
The food delivery market is growing at lightning speed in this fast-paced world. So, it has become imperative for business owners to keep an eye on the ongoing trends and technologies. There is a well-said statement that you need to stand out if you want to beat your competition. That could only be possible when you stay updated with the latest trends and incorporate them while developing a food delivery app.
If you are availing services from a food delivery app development company, make sure the professionals keep themselves updated.
Read More : Top 6 Challenges Faced by Food Delivery Business Apps and its Proven Solutions
8. Hire Dedicated Food Delivery App Developers
This is a very important step in food delivery app development. The food delivery app developers you hire will greatly influence your application’s success in the coming time. If a business application isn’t well-developed, it won’t be able to bring in the desired business profit and revenue you have planned for.
So, besides planning the food delivery app development process, invest more in hiring dedicated app developers possessing years of experience or expertise in the relevant domain.
This is just an overview of the simple steps to build an app like Postmates. Now that you are well-versed with the complete step-by-step process, it is time to start the app development process. Also, to help you incorporate the right features, we have mentioned the list of the basic features that should go into your food delivery app at any cost.
Features of Food Delivery App Like Postmates
Are you thinking to create a food delivery app like Postmates and getting confused about what features to include or not? Don’t panic! We have made things little easier. Here is the list of the must-have food delivery app development features you should include in your application. Here you go!
|Food Delivery App Development Features|
|Restaurant Panel||Courier Panel||Customer Panel|
|Sign in or Registration||Sign in or Registration||Sign in or Registration|
|Profile Management||Profile Management||Profile Management|
|View Menu||View Order Status||Search Restaurants|
|Order Food||Push Notifications||Place Order|
|Food Delivery Status||Accept Or Reject Order||Make Payment|
|Push Notifications||Update Order Status||Track Order Status|
|Multiple Payment Integration||Deliver Order||Track Order|
|Reviews & Ratings||Reviews & Ratings||Reviews & Ratings|
These are some basic and crucial features to include while developing a food delivery app like Postmates. Each of the features mentioned in the above list will add more worth to your food delivery app, so don’t forget to include them. Also, if you are planning to incorporate some additional or advanced features into your app, keep the budget a little high. The more features you will include, the higher will be its cost.
Read More : Complete Guide To Start A Food Delivery Business In Dubai
How Much Does it Cost to Develop Food Delivery App Like Postmates?
How much does food delivery app development cost? The most basic question strikes every business owner’s mind as soon as they plan to build a food delivery app like Postmates. Is this your concern too? Let us make it easier for you.
On average, a food delivery app costs around $30,000 to $40,000, depending on the type of app you are developing and the food delivery app development company.
Also, multiple factors decide the cost of the food delivery app. To make it a little easier, we have also mentioned the cost breakdown of the food delivery app.
Read More : Time and Cost for the Development of Food Delivery App Such as Talabat for Dubai
Cost Breakdown of Food Delivery App Development
Different development platforms have different costs associated with it. For instance, developing an android app takes less time than iOS app development.
|Development Platform||Development Hours||Development Cost ($)|
|iOS App Development||80-90 hours||$4000-$5000|
|Android App Development||100-110 hours||$5500-$6000|
Like development platforms, every feature that you will include in your food delivery app will leave a significant impact on your mobile app development cost. So, think wisely while developing a food delivery app like Postmates.
Ready to Develop A Food Delivery App? Here You Go!
It is clearly understood that the rise of on-demand food delivery app development will not stop anytime soon. However, with the ever-rising demand for an app like Postmates, you can outshine competitors with the tips highlighted above. Along with keeping the development process in mind, hiring reliable food delivery app development services would help you. It will help you get the right assistance at the best food delivery app development cost.
So, do not think twice; instead, get started with the process to build a food delivery app.