zomato presentation
TRANSCRIPT
PRESENTATION ON
ZOMATO
INTRODUCTIONo Started In- July 2008, Delhi NCR.
o Founded By: Deepinder Goyal, Pankaj Chaddah
o Initially named- “FoodieBay”
o In November 2010 it was renamed as“ZOMATO”
o Parent Company - Info edge
o Category - Mobile Application Based
o Sector - Food & Restaurant guide
Tagline/ Slogan - Discover great places to eat around you
USP - Content is what sets Zomato apart – The restaurant & nightlife guide with menus, pictures and map locations
Segment - Young population, working professionals looking for information of restaurants
Target Group - All Smartphone Users
Positioning - Zomato provides the “guide” or the “discovery” experience of restaurants & food guide
MISSION Our mission is to ensure nobody has a bad
meal
They do this by – Helping people discover great places around them Building amazing experiences around dining Enabling restaurants to create amazing experiences
VISIONZOMATO IS USED BY MILLIONS EVERY DAY TO DECIDE WHERE TO EAT IN OVER 10,000 CITIES ACROSS 23 COUNTRIES. IN A FEW YEARS, WE SHOULD BE ABLE HELP POINT YOU TO A GREAT PLACE TO EAT NO MATTER WHAT PART OF THE WORLD YOU'RE IN.
SWOT ANALYSIS
STRENGTH
Users perceive Zomato as ‘Specialty product’ (Focused only on foods & restaurants)
High awareness – Top of the mind product Global presence – 25 countries – 1.5 million listed
restaurants Superior technology and a strong workforce of over
1200 people Asset less business model Simple & user friendly interface Aggressive and Innovative marketing strategy
WEAKNESS Competition from search engines & other
similar apps means limited growth
Drastic growth means susceptible to bad content
Not customized for each target market
Work inefficiency
High staff turnover
OPPORTUNITIES Opportunity to expand to further more
countries
Increasing internet penetration & number of smartphone users
Rapid technology development
THREATS
Intense competition
Lack of clear rules and regulations - Changes in government policy can easily affect the business model
Business model can be easily imitated by other players
COMPETITORSFood panda
Swiggy
(https://yourstory.com/2016/05/swiggy-foodpanda-zomato-financials/)
PORTER FIVE FORCE MODEL
INTENSITY OF EXISTING RIVALRY Low storage cost
Fast industry growth rate
Relatively few competitors
Exit barriers are low
THREAT OF SUBSTITUTES
Existing competitors
Limited number of substitutes
THREAT OF NEW COMPETITORS
Strong brand names are important
Advanced technologies are required
Industry requires economies of scale
Geographic factors limits competition
BARGAINING POWER OF SUPPLIERS
• Low cost of switching suppliers
• Critical production inputs are similar
• Large number of substitute inputs
• Inputs have little impact on cost
BARGAINING POWER OF CUSTOMERS Buyers requires special customization
Low dependency on distributors
Large number of customers
Zomato belongs to – Star(http://economictimes.indiatimes.com/small-biz/money/to-cut-costs-online-restaurant-and-food-delivery-company-zomato-pulls-out-of-9-markets/articleshow/52450883.cms )
THANK YOU