Professional Documents
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CLASS : M.COM(SEM-1)
ROLL NO : 35230
SUBJECT : SEMINAR
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MEENU KUNDRA MAM
COMPARATIVE ANALYSIS OF ZOMATO
AND SWIGGY
INDEX:
1. Introduction
2. Abstract
3. Keywords
4. Review of Literature
6. Objectives of Zomato
7. Objectives of Swiggy
9. Scope of Study
10.Research Methodology
12.Limitations of Research
13.Findings of Research
14.Suggestions of Research
15.Conclusion
17.References
Introduction
Food is one of the most important needs among the basic needs of living. Food
industry has evolved from small shops that provides food covered by leaves in
early period to ordering desired food by a single touch from a comfortable spot at
house or office. Digital platforms have become potential attraction especially post
Covid.. Zomato and Swiggy are the dominating players in food industry of India.
In a highly populated country like India, people could see delivery executives with
red and orange t-shirts, rushing towards their destination on regular basis. In the
following bunch of words, a comparative analysis between Zomato and Swiggy are
prepared with respect to the customers’ ratings, reviews and preferences.
What is swiggy
Back in 2014, the concept of online food ordering was pretty much negligible and
this called for demand in the market. Then enter the food ordering and delivery
start-up: SWIGGY.
Review of literature
Literature Review
According to gloria food the advantage of online ordering and the reasons for the
growth of food delivery app industry are Convenience, Simpler menu to manage,
significant savings, no Hassels etc. Food Panda is an introduction to the newest
food sensation that’s here to stay (Shiyin Chan, 2015) Foodpanda is a global online
food delivery marketplace headquartered in Berlin, Germany. Fun fact - they’re
also known as hellofood in other places in the world.
Bhavna Singh (2015) said that Foodpanda has been present in the Indian market
since May 2012.
Foodpanda first major move was acquisition of TastyKhana, which was launched
in the city of Pune in 2007.
Together with TastyKhana and JUST EAT, it is now present in over 200 cities and
partners with over 12,000 restaurants. She also talked about JUST EAT was
launched in Denmark in 2001 and was traded publicly on the London Stock
Exchange. Their Indian business was launched as Hungry Bangalore in 2006.
According to Deepinder Goyal, Zomato CEO and co-founder told TechCrunch that
he expects to reach 10,000 restaurants in India in a few months. “We have a sales
team of around 300 in India and 5,000-odd advertisers… these partners know the
volume we bring to them so it is quite easy for us to launch this new service.”
SWIGGY VS ZOMATO
The battlefield for the food delivery war has been set, and the
contenders are, well, obvious — Zomato and Swiggy.
Let’s talk about the different strategies adopted by the two dominant
players in the food aggregation space and how they plan to conquer
the world, it tries to relate to the situation.
Swiggy is valued at around $3.3 billion whereas Zomato is valued at
$3billion. Technically none of the two can be thought of buying each
other.
But first, a brief on all that’s similar between the two unicorns. Both
Zomato and Swiggy have raised large sums of money in a bid to reach
as many people as possible. The premise is simple — Scale. The food
delivery business is a numbers game. Aggregators have to make big
investments in technology and manpower to fulfil orders that usually
cost a couple of hundred bucks. And for the business model to be
financially viable, you’ll have to serve as many customers as you can.
The more the customers, the better you chances of turning a profit. It’s
just how things work. And both companies have spent crazy money
and different marketing strategies trying to lure people with enticing
discounts for far too long now.
ZOMATO
Zomato knows how to connect with people. I’ll explain how. I received
one message from Zomato which caught my attention (unlike any
other text messages which are left unopened and then finally goes into
the trash )
Zomato knows how to keep the audience hooked. The brand made use
of the popularity of TV shows, such as Game of Thrones
So you can see how they market themselves.And there is many other
such witty, naughty funny and humorous content they come up with.
Craving something?
We all know what is the answer to this question. Yes. You are right. It’s
none other than Swiggy. If you observe carefully it has become the
name in everyone’s head because of its digital advertisement through
various digital channels. If not anything then at least you can not forget
its non-skippable ad (Bumper ad) when you go to watch your videos on
YouTube. Because Swiggy knows how to advertise
Swiggy has mastered the concept of bringing the food to the customers
rather than the customers to the restaurants for food.
Objectives of Zomato:
Improving The Quality Of Food:
Since its inception, Zomato supplies have increased and expanded its
reach to more and more cities. They grow their services vigorously.
They now offer table reservations, catering to businesses and feed
India.
Ensure Affordability:
Objectives of Swiggy:
Achievable
Time-frame defined
All goals set by Swiggy Optimizing Cash Burn- even for the long term –
have an attached time frame. This is important to ensure that the
organization is effective and efficient in realizing its goals.an attached
time frame for the goals set for the long term future also helps in
establishing a related time frame for the more short term
organizational objectives.
Easy to understand
The goals should be fairly simple and should be easily understood by all
employees of Swiggy Optimizing Cash Burn. This is important as only
when employees are clear about what the goals are, their importance,
and the urgency of achieving them will they be able to relate with them
and work towards achieving them.
Easy to communicate
The goals set by Swiggy Optimizing Cash Burn should also be easy to
communicate. This means that the jargon used for goal setting and goal
communication should be clear and precise. These goals should be
communicated with all managerial levels, and all employees to allow
them a directive path to help the organization achieve these goals.
Pragmatic
The goals set by Swiggy Optimizing Cash Burn should also be realistic in
nature. This means that all strategic goals defined by Swiggy Optimizing
Cash Burn should take into consideration not only its internal financial
position and resources but also the skill set of its employees and the
larger macro environment. This will enable the company to set goals
that will sue the core competencies of Swiggy Optimizing Cash Burn to
help it achieve the strategic goals easily, and realistically.
2. The another objective we found that the personal view of the people
regarding their punctuality.
3. Also find out their view point which food app feels
trustworthy,reliable and accurate.
Scope of Study
The main scope of the study limited to Jalandhar City.
Research Methodology:
Research Methodology is a specific procedure and technology to
identify the different views of different consumers and analyse each
and every single information about the comparative study.
Primary Method:
Primary Method is used to find the results of this comparison.
Limitations:
The researcher will serving encounter with some problems like:
5. Many respondants are confused and not have clear view regarding
their thoughts.
6. Some respondants don not feel safe ordering food online through
online food app, so they are not interested in filling those questionnaire.
Findings:
Many respondants find that ordering food through mobile
application is better and easy process.
Suggestions:
There are some suggestions after research:
Order processing should be liberal to the customers.
Swiggy try not to cancel any order because this affects your ratings
and if you accept all the order then you will get more order than
usual.
Every food app needs to trained their staff members and and
delivery man, so that their behaviour can be improved towards
customers.
Conclusion:
In nutshell, we can say that Zomato and Swiggy are most known and
easily available food app.This conclusion is given on the basis of
promary data. This study helps to know the different views of different
customers related to online food apps.
References:
https://tech.economictimes.indiatimes.com/news/internet/zomato-
forays-into-grocery-delivery-in-talks-to-partner-with-grofers-
bigbasket/74719832
https://www.livemint.com/Companies/W8wu28THxovZpVYufEvrnL/
Zomato-acquires-delivery-startup-Runnr.html
https://timesofindia.indiatimes.com/companies/online-food-
delivery-wars-are-moving-from-india-to-
bharat/articleshow/68447011.cms
https://techcrunch.com/2019/02/11/swiggy-store/