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Startup by my friend - Share your feedback


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Posted

Bayyas,

Check this below, a startup by my friend which will help restaurants to publish last minute discounts and deals during their low demand hours. It helps to cut food waste by selling food for less than wasting it or trashing it out.  Please review website and share your thoughts. 

www.grabqpons.com

Really appreciate your feedback and potential ways to market it aggressively.

Posted

There were so many startups based on indian  only clientile they all failed -indian restaurants a big scam every thin they do is illegal majority of them  . indian client want cheap if we give discount food they will wait every day for last min to buy same food .

 

 

 

there are so many american local charity based food waste services most of them are used by indian also .

Posted

@basha786.. Goal of this startup is not to target Indian restaurants and it is primarily allowing restaurant businesses to publish last minute coupons and promote customers to dine in. It has two faces to it. Partners (Restaurants) and Customers (Hungry people looking for deals on foods). Please review the website and see for better understanding the concept

Posted

Coupons can be activated when ever restaurant owner wants to. He decides to release or not based on the demand and how much loss he might end up if he is not selling food. Also instead of wasting food and loosing money, sell it for discounted prices so he can minimize losses and also on the other end saving food

Posted

To clarify, product is not designed for Indian only restaurants. Focus is on broader market. Like any food chains, bars, cafes, restaurants and 3 months from now extending to grocery stores 

Posted

Coupons ki people will look at the individual online web page or Groupon like reputable service. Tell me why should anyone use this service. If you can convince customer you have a business model. 

Posted

Yes let me be frank. I’m the co-founder of this product. I designed and developed the whole platform where as my other founder drives the team and business management. Groupon is a predefined coupons model where businesses have to notify in advance about their up coming discounts. Groupon controls businesses and charges huge where as our model is to give control back to the businesses and they release coupons as and when required. We added lot of data analytics to the platform which will giving me visibility ti the business owners. It also allows businesses to bring loosing customers by publishing customized discounts to those specific customers.

 

 

Posted

What do you guys think about the business model? Any feedback and inputs are appreciated 

Posted

Who is your competition? Are you competing with paper coupons sent on behalf of restaurants?

You are too focussed on "excessive", "expensive", "environmently harmful".

Whenever sandwiches are stacked in a C-store, the cost of the expired sandwiches are credited by vendors to c-stores. It is the case with of lots of food items. Vendors and stores have figured out a way. They give discounts on soon-to-be-expired muffins, etc. Even a major grocery store next door discounts ripe bananas. Desi stores are discounting soon-to-be-expired milk by 50%. 

Desi restaurant uncles separate chicken pieces from biryani and keep those chicken pieces in the fridge for the next day.  Desi uncles make buckets of masala for a whole week.

Just like luxury brands love to trash old stock, without discounting them, good restaurants follow similar practice. That's why lots of homeless scavenge trash cans near restaurants. There was a news item about how homeless were scavenging facebook campus for food trashed by their cafeterias. And these trash cans are now locked, I heard through an inside source, who worked in their cafes.

When I was in sales, I was taught this: "What Is In It For Me".  We were bombarded with commissions on sales, commissions on warranties, etc. We learned from the fellow salesmen how to lie through the teeth to make a sale, as we were under sales quota. 

When you take your app to some restaurant, he will ask himself: what is in it for himself? Don't tell him the BS of 'excessive', 'expensive', 'env friendly'. 

Lets work through these three:

1. if it is excessive since the owner has been in business, he doesn't know how to run a restaurant.  It is possible that they had excessive food during the first three months of their operation, now they have learned a lesson: make an estimate for every day, for special days.  Right now, their 'excessiveness' is under control.

2. Since 'expensive' is in proportional to 'excessive', either the owner would have learned a lesson or he wouldn't know how to run a restaurant. It is also possible that there exist a set of profitable restaurants run by people who don't know how to run a restaurant. Use 'Advanced Data Science' figure out the size of that set. 

3. No one cares about 'env friendly', unless they get tax credits. Same rule: what is in it for me?

Restaurant people, for sure, listen to your pitches, but they are not going to give a  honest feedback. 

Even grocery stores sell their expired stuff to reclamation centers. Sometimes, they have thier  own centers to clear out stuff.

 

The GOOD part: now you know how to transform an idea or a concept into an app; how to manage people; how to deal with ur clients; etc.  

 

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