The Foody Gram Launches Commission-Free Online Ordering Platform to Help Restaurants Maximize Profitability
According to industry projections, the revenue generated from online food ordering is expected to reach $220 billion by 2023, accounting for 40% of restaurant sales. Furthermore, the restaurant-to-consumer segment for online food ordering witnessed a 20% year-over-year increase, with a user base of 760 million. With an increasing number of customers opting for online ordering platforms for their food orders, it has become imperative for restaurants to optimize their profitability through the effective utilization of these platforms. However, with most digital ordering platforms charging commission fees, restaurants often find themselves struggling to maximize profits from online orders. Add that to the fact that digital marketing agencies and commission-based websites are taking a major chunk of online orders for their own profit; restaurant owners must find alternative methods to maximize their profits. At The Foody Gram, we understand the importance of cos...