Startup Model – Order Delivery Management for Restaurants

THE MODEL: A software for restaurants to manage delivery, track drivers and delight customers. Restaurants can use the service to see all their orders in one place, schedule deliveries to ensure deliveries reach within time and at the lowest cost and also track and update customers about the delivery status.

STARTUP: OrderLord (Slovakian startup)

WHAT I LIKE

Core Idea – A delivery management system for restaurants.

Product Features – A clean dashboard which has all features a restaurants needs to process orders. An order tracker takes care of receiving, processing and tracking orders and deliveries. The delivery service also has the app so that information can be sent instantaneously to ensure better performance.

SAAS Model – The business model is apt for this business.

CONCERNS

Competition – With the hospitality being a hot space, there is a lot of competition with new and old startups entering into a model similar to Orderlord’s model.

Startup Model – Publishing, Sharing & Reusing Data

THE MODEL: A SAAS platform for business users to transform data into innovative visualizations, share them and also use them through real-time monitoring and APIs.  

STARTUP: OpenDataSoft (French startup)

WHAT I LIKE

Core Idea – Platform to publish, share and reuse data.

Turnkey Solution – The startup offers businesses an end-to-end solution for their data management needs.

Product Features – Easy publishing of data, even for non-technical users. Data can be transformed into interactive visualizations which are updated in real time. Also users can create APIs from the data to reuse the same.

SAAS Platform – The SAAS business model fits perfectly to this startup.

Startup Model – Managing Food Wastage

THE MODEL: A platform for the hospitality sector to manage its food wastage. The startup aims at cutting food wastage in half by recording what is being wasted using a smart meter. A user needs to simply throw the food into any bin, punch in what has been thrown and the weight and cost of the food wasted is calculated automatically by the system.

STARTUP: Winnow (British startup)

WHAT I LIKE

Core Idea – Using technology to tackle food wastage, a big problem in the hospitality sector.

Easy to Use – As explained above, the process if very for a user and the system maintains all records and data which can help reduce wastage.

Savings for Businesses – Salvaging avoidable wastage can result in big savings for restaurants and hotels.

Business Model – The startup uses a SAAS model and businesses pay a recurring license fee to access the cloud based analytics and platform of the startup.

Startup Model – Digital Presence for Lodging Operators

THE MODEL: A SAAS platform helps lodging operators create a website for managing and marketing their business. Vacation Home owners can create good looking websites with a booking and reservation facility and can also manage their cross platform listings through the dashboard.

STARTUP: Lodgify (Spanish startup)

WHAT I LIKE

Core Idea – Empowering vacation home owners with a fully optimized website.

Subscription Model – Subscribers can use the service for a charge while the platform maintains and upgrades the services. In a one-shot or any other revenue model, users cannot avail the upgrades and the platform does not earn a recurring revenue.

CONCERNS

Competition – The platform will face a lot of competition from multiple categories of vendors such as website development companies, digital marketing companies, similar platforms and other online tools.