Using an on-demand delivery app in the pre-pandemic period was a trend among younger generations as they love to use technology and experience convenience to the core. But in this post-pandemic period, using an on-demand delivery app has become mandatory and standard practice for all consumers.
The grocery delivery business has become potentially profitable in recent years. As a result, grocery delivery apps like Instacart have gained tremendous growth and every brand is finding ways to improvise their grocery delivery business and meet customers’ expectations through advanced technology.
Seeing the substantial growth in this grocery delivery industry, many entrepreneurs have taken the necessary measures to step into this lucrative business. This is why today we can see several searches on how to build an app like Instacart in all search engines.
Is it the right time to invest in Instacart clone app development?
If you are in this queue, then you need to first understand whether you have pitched the business at the right time. You should check some stats that will let you know the scope of on-demand grocery delivery apps. Here are a few stats that will give you the confidence to make an app like Instacart.
- The global market size of the food delivery industry was $130 billion in 2022 and it is expected to reach $223 billion by the end of 2027.
- The main reason for the raise in this industry is not only because the pandemic, but there is a 33% increase in the working population that has increased the demand for food delivery services.
- More than 65% of US consumers are using any one grocery delivery app for their regular grocery purchases.
- The number of users who are using grocery delivery apps is around 2.5 billion in 2022.
- China has generated impressive revenue on food delivery services with $309 billion in 2022 which is followed by the US with $ 185 billion.
Instacart success story
Many food delivery apps are available today in the market. Out of all, we have been searching for how to create an app like Instacart. This is because Instacart is tremendously popular and holds many fascinating stats that inspire many budding entrepreneurs.
- Instacart owns more than 30000 stores.
- More than 500 million products have been listed on the platform.
- Instacart serves 5500 cities in North America alone.The platform has more than 200,000 shoppers.
- Around 85% of US households are available in the Instacart app.
- In 2021, the revenue earned by the platform is $1.8 billion.
Types of on-demand delivery apps
When we consider making an app like Instacart, we need to be specific on what type of business model we are going to use for our business.
Inventory business model
The grocery-selling user will buy all grocery items in bulk quantity from all available stores at cheap prices and will store them separately in a warehouse. Whenever an order is received, the user will collect products directly from the warehouse and will sell them directly to the customer.
Suitable for: users who need to have stock of all the items available for selling.
Multi-vendor grocery marketplace
This is a highly preferred marketplace where the platform will have multiple grocers who can sell their products directly to the customers. Customers place the order through the platform and the concerned grocer will the product to them. The platform will just act as an intermediary in buying and selling.
Suitable for: users who do not want to take the headache of maintaining inventory and also not necessarily he should be a grocer himself.
Hyperlocal business model
The platform mainly focuses on a limited geographical area that is around the warehouse or the store. The main objective of this model is to provide fast delivery to customers who are nearby the local store.
Suitable for: users who prefer to connect local grocers with their nearby buyers.
Single store app
This is a platform run by a single grocer who has developed the platform only to sell his products alone to the customers. Once the order is received, he will directly sell products to the customers and get payment from them.
Suitable for: single grocery store owner who needs an online medium to sell his products.
Grocery chain app
This is also just like a single-store app but here the owner of the grocery store may have multiple layouts and products will be collected from different layouts that are nearby the customers’ place and will be delivered to them.
Suitable for: users who own various grocery outlets
Hope you are clear with all business models that are available with on-demand grocery delivery business. Be specific with your requirement and choose the best business model that will cater to all your business needs and then proceed with the Instacart clone app development process.
Learn how to develop an app like Instacart
If you are looking for an answer to how to build an app like Instacart, you need to check for multiple aspects before you make an app like Instacart. Because Instacart did not succeed in the market by having any one particular aspect. The platform focused on multiple aspects like local store connections, better marketing strategies, a user-friendly interface, secured payment options, and many more.
So, we need to first check on key factors to consider while building an app like Instacart. This will help us to compete well in the market and will help us to survive for a long period.
