There has been a boom in the food delivery sector in recent years. However, restaurant owners have consistently struggled to balance booming technology and cost management, especially with the high commission fees charged by popular food delivery platforms. Restaurant owners have been severely affected by this recurring issue that has tremendously risen during COVID-19.
An innovative New York-based company, Orderific, has taken on the challenge of revolutionizing the food delivery industry by providing a platform that addresses a critical issue.
As opposed to other food delivery platforms that charge high commission fees, Orderific has a 0% commission structure, which is refreshing in an industry where commission fees are the norm.
This move has significantly slashed delivery costs for restaurant owners, offering a win-win solution that benefits both Restaurant Owners and Consumers simultaneously.
Orderific has also addressed the issue of data ownership, which has been a problem for restaurant owners. Unlike traditional business models where customer data is vital for developing customer retention strategies, most food delivery platforms retain this critical data, leaving restaurant owners in the dark.
Orderific returns the data ownership to its true authority, i.e., restaurant owners, enabling them to develop compelling customer retention strategies for growth.
There have been various results within the ever-evolving sphere of the global F&B market’s food delivery startups. While some startups have garnered impressive funding, 2022 also saw crossover investors pull back from delivery startups due to high-interest rates, cooled growth, exploited commission fees, and modest valuation multiples, with fewer blockbuster IPO success stories.
Food delivery platforms worldwide are in dire need of transformation, and Orderific is leading this shift, showcasing a commitment to addressing real-world challenges. The platform leverages automation, machine learning, and AI to offer innovative solutions, demonstrating that impactful change is possible globally.
Its data ownership avenue has enabled restaurant owners to slash delivery costs, resulting in affordable yet quality food for customers.
Orderific offers solutions that are not limited to the food and beverage industry.
Its innovative approach to solving real-world problems sets it apart from competitors in the food-tech industry.
The platform with its innovative approach has brought a fresh and much-needed solution to the problem of high commission fees on third-party platforms. In an age where information is money, Orderific understands the unique capability of returning assets to their authoritative party, i.e., restaurant owners, and offers a permanent solution to all stakeholders involved.
Overall, Orderific’s success is an inspiration to other startups, encouraging them to address real-world problems and make a positive impact on society.
Published by: Holy Minoza
