OrderTrackr

Startup Idea: A mobile app that allows customers to track the status of their food orders in real-time and receive notifications when their order is ready for pickup

Pain point: People experiencing delays and lack of communication when picking up their food orders

Categories
Talesfromthecustomer Food & Beverage Mobile App Push Notifications Gps Tracking
Idea Generated From
Reddit Post: The almost forgotten pizza order
Potential Monthly Revenue
$10000

Business Plan

Introduction

In the era of on-the-go lifestyles, the demand for convenience and efficiency in food ordering and pickup services is increasing. Our mobile app aims to address this demand by providing customers with a platform to track the status of their food orders in real-time and receive notifications when their orders are ready for pickup.

Target Market

Our target market includes busy professionals, students, and individuals who prefer the convenience of ordering food ahead of time and picking it up quickly without waiting in line.

Features

  1. Real-time Order Tracking: Customers can track the status of their food orders from the moment they are placed to when they are ready for pickup.
  2. Order Status Notifications: Customers will receive notifications when their orders are confirmed, being prepared, and ready for pickup.
  3. Customized Menus: Partnered restaurants can upload their menus and update them in real-time.
  4. Pickup Instructions: Customers can provide specific pickup instructions (e.g., car color, parking spot number) for seamless pickup experiences.

Revenue Streams

  1. Subscription Model: Restaurants pay a monthly subscription fee to be featured on the app and utilize its services.
  2. Commission on Orders: We will charge a small fee on each order placed through the app.
  3. Premium Features: Offer additional features to restaurants for a higher subscription fee.

Marketing Strategy

  1. Partner with local restaurants to onboard them onto the platform.
  2. Run targeted social media ads to reach our target market.
  3. Offer promotions and discounts to attract new users.
  4. Collaborate with food influencers to promote the app.

Financial Projections

  • Monthly Subscription Fee per Restaurant: $100
  • Commission per Order: 5%
  • Number of Partnered Restaurants: 50
  • Average Monthly Orders per Restaurant: 200

Monthly Revenue Calculation

  • Subscription Revenue: 50 restaurants x $100 = $5,000
  • Commission Revenue: 50 restaurants x 200 orders x 5% = $5000

Estimated MRR: $10,000

By providing customers with a convenient way to track their food orders and facilitating a smooth pickup process, our mobile app aims to revolutionize the food ordering and pickup industry and generate steady revenue streams.

Estimated MRR: $10,000