Conversation with Merlin [email protected] · Thu Dec 21 2023

What are the meal subscription strategies that will work in india? Suggest models from current businesses

In India, meal subscription strategies have seen significant innovation and adoption as more customers seek convenient and flexible meal solutions. Several business models exist in the current landscape that showcase effective meal subscription strategies. Here are some models from existing businesses in India:

  1. Food Delivery Platforms: Companies like Zomato and Swiggy have been revamping their strategies to entice customers by offering subscription-based models. These platforms provide options for customers to subscribe to regular meals from their favorite restaurants, providing convenience and variety.

  2. Partnerships with Transportation Services: The Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has partnered with Zomato to expand food choices for railway passengers. This model demonstrates a unique subscription approach focused on offering meal options to travelers.

  3. Premium Food Delivery Verticals: Online ordering firm Swiggy has been focusing on its premiumization strategy, emphasizing high-quality meal delivery services. This strategy caters to individuals looking for a more elevated food experience and may involve subscription models offering exclusive benefits or discounts.

  4. Investment in Food Delivery Startups: Global beverage manufacturer Coca-Cola has acquired a minority stake in Thrive, a Mumbai-based online food ordering and delivery platform. This investment model showcases the potential for collaboration between food and beverage companies and meal subscription services.

  5. Last Mile Delivery and Automation: Companies in India are exploring strategies for improving last-mile delivery efficiency and customer satisfaction. Automation and logistics optimization play a key role in enhancing the meal subscription experience, ensuring timely and hassle-free deliveries for subscribers.

  6. Financial Viability Strategies: Companies in the food delivery sector are experimenting with various financial viability strategies. This may involve exploring subscription models that offer cost-effective meal solutions while ensuring sustainable business operations.

These models exemplify the diverse approaches to meal subscription strategies in India, catering to a range of customer preferences and industry trends. Businesses can leverage these models as inspiration for creating innovative and compelling meal subscription offerings that resonate with Indian consumers.

Accessibility links Skip to main content Accessibility help Accessibility feedback meal subscription strategies in India See more Delete Delete Report inappropriate predictions Search modes All Images News Videos Shopping More Tools SafeSearch About 7,550 results (0.27 seconds) Search Results The Economic Times Chill sets in for consumer lending apps; whats cooking at food delivery platforms? Consumer lending firms are set for difficult days ahead as a central bank diktat on reining in unsecured loans has choked off much-needed... . 2 weeks ago Dazeinfo Swiggy and Zomato Lock Horns in India's Food Delivery Price War: Enough to Entice New Customers? In India's rapidly expanding online food delivery landscape, industry frontrunners Zomato and Swiggy are revamping their strategies to... . 2 weeks ago Hotelier India How to increase revenue with F&B? While there is no doubt that food and beverage is a key driver of revenues in hospitality, this is an avenue that has a well thought out... . 22 Jul 2023 BQ Prime Swiggy Bets Big On Premium Food Delivery Vertical To Sustain Growth Online ordering firm Swiggy is betting on its premiumisation strategy in the food delivery space, even as it is retooling verticals in... . 4 May 2023 Current Affairs IRCTC Partners With Zomato For Delivery Of Pre-Booked Meals The Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has teamed up with Zomato to expand food choices for railway passengers via... . 21 Oct 2023 YourStory.com Coca-Cola India buys 15% stake in food delivery startup Thrive Coca-Cola India has acquired a 15% stake in Thrive, a Mumbai-based online food ordering and delivery platform, marking the FMCG major's... . 17 Apr 2023 India.Com Coca-Cola Set To Pick Up Minority Stake In Online Food Delivery Platform Thrive: Report Global beverage manufacturer Coca-Cola is set to acquire a minority stake in online food ordering platform food Thrive, reported Economic... . 17 Apr 2023 Indian Retailer Last Mile Delivery: Strategies for Improving Efficiency and Customer satisfaction leveraging automation Capgemini states that 59% of consumers purchase items online when they need them or on demand - Indian Retailer. . 23 Aug 2023 Beverage Daily Coca-Cola India invests in food delivery company Thrive Coca-Cola India Pvt. Ltd. is investing in Thrive: a Mumbai-based food delivery platform. . 18 Apr 2023 Curly Tales Why Is Zomato Asking For Small Platform Fees Of 2-3 On Food Delivery? Numerous companies in India have explored a variety of financial viability strategies. But, they are currently experimenting with the most... . 7 Sept 2023 Page navigation 1 2 3 4 5 6 7 8 Next Footer links

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The Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has teamed up with Zomato to expand food choices for railway passengers via...

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Form a meal subscription strategy for students of IIM Ahmedabad for company Terra Food Co.? It should be flexible and laydown the logic and roadmap

Creating a meal subscription strategy for students of IIM Ahmedabad, tailored for Terra Food Co., careful consideration of the students' needs, the educational environment, and the company's capabilities. Here's a flexible meal subscription strategy with a logical roadmap:

  1. Understanding Student Needs: Begin by conducting surveys or focus groups to understand the dietary, food habits, and meal requirements of the students. This data will form the cornerstone of the meal subscription strategy.

  2. Flexible Tiers: Implement a tiered subscription model, offering different levels of meal plans. Options could range from daily breakfast and dinner to full-day, inclusive meal plans, providing flexibility for students with varying schedules and preferences.

  3. Menu Variety and Customization: Develop a diverse menu with multiple cuisines and dietary options, reflecting the diverse preferences of the student body. Incorporate customization options students with specific dietary restrictions or preferences.

  4. Convenient Ordering and Delivery: Enable an easy-to-use mobile app or web platform for students to subscribe, modify their meal plans, and provide feedback. Delivery logistics should be robust and efficient, ensuring timely and reliable service5. Nutritional Focus and Wellness: Collaborate with nutritionists or dieticians to ensure that the meal plans are balanced and nutritious, promoting overall student wellness.

  5. Campus Engagement and Promotions: Engage with student bodies, conduct food tastings, and offer promotional deals to foster awareness and interest in the subscription service.

Roadmap:

Phase 1 (0-3 months):

  • market research and gather student feedback
  • Develop the subscription models and menu options
  • Establish operational and delivery logistics

Phase 2 (3-6 months):

  • Pilot launch of the service with a limited number of students
  • Gather feedback and necessary adjustments to the service, menu, and operations
  • Introduce initial promotional offers and engage with student groups

Phase 36-12 months):

  • Scale up the subscription service to cater to a larger student base
  • Strengthen the technological infrastructure for smoother operations and better customer engagement
  • Evaluate the impact of the service on student satisfaction, retention, and overall business performance

Phase 4 (Beyond 12 months):

  • Continuous iteration and improvement based on user feedback, culinary trends, and nutritional
  • Implement loyalty programs and referral incentives to maintain student engagement
  • Explore partnerships with campus clubs,, and student organizations to further integrate the service with campus life

This strategy not only accounts for the flexible needs of the students but also acknowledges the for continuous evolution based on feedback and market dynamics.

Accessibility links Skip to main content Turn off continuous scrolling Turn on continuous scrolling Accessibility help Accessibility feedback Press / to jump to the search box meal subscription strategy for students of IIM Ahmedabad See more Delete Delete Report inappropriate predictions Dismiss Search modes All Images News Videos Books More Tools SafeSearch About 98,10,000 results (0.42 seconds) Search Results What is the Mess menu of IIM-A? Quora https://www.quora.com What-is-the-Mess-menu-of-II... Quora https://www.quora.com What-is-the-Mess-menu-of-II... 12 Feb 2017 If the question is - Will ever, IIM Ahmedabad students get good food in the mess? Conflu dinner and Harvard Dinner were conceptualised only to... 1 answer 210 votes: Get something to eat, this is going to be long. (Joke unintentional.) I had to talk to a senior ... Do you think IIM Ahmedabad students will ever get ... 3 answers 1 Sept 2013 How does your IIM mess food look like? - Quora 10 answers 21 Apr 2020 What type of food can I expect in the IIM and top B ... 1 answer 14 Dec 2019 How is the food at IIM Ahmadabad? - Quora 2 answers 26 Aug 2019 More results from www.quora.com People also ask You will see more English now. What is Harvard dinner in IIM Ahmedabad? How students afford IIM fees? What is the average CTC for IIM Ahmedabad? What is the highest package of IIM Ahmedabad student? Feedback Time for Food Reforms at IIMs? InsideIIM https://insideiim.com time-for-food-reforms-at-iims InsideIIM https://insideiim.com time-for-food-reforms-at-iims 22 Jun 2012 Students should have an option to decide whether they wish to subscribe . Also, the subscription should have a monthly renewal system. Bad... IIM-A offers dabbawalas food for thought Business Standard https://www.business-standard.com ... News Business Standard https://www.business-standard.com ... News 3 Nov 2008 Case study suggests strategy to offer 'maximum bang for the minimum buck'. A group of students at IIM - Ahmedabad , India's most prestigious... How Does IIM Ahmedabad Mess Food Look Like? Shweta Arora | MBA https://www.shwetaarora.in post how-does-iim-ahme... Shweta Arora | MBA https://www.shwetaarora.in post how-does-iim-ahme... 14 Aug 2020 Mess is by far one of the most economical and hygienic options on the campus. One of the reasons some students don't subscribe to mess food ... Food Outlets at IIM Ahmedabad Shweta Arora | MBA https://www.shwetaarora.in post food-outlets-at-iim-a... Shweta Arora | MBA https://www.shwetaarora.in post food-outlets-at-iim-a... 4 May 2020 Many students have subscribed to the mess food and are regular eaters. There is also a provision for the ones who don't wish to subscribe to... Student Life IIM Ahmedabad http://www.iima.ac.in student-life IIM Ahmedabad http://www.iima.ac.in student-life Hospitality & Utilities. Mess food scores on quality, quantity and variety which means that the Rs 5,000/- per month subscription for breakfast, lunch and... Ph.D. Student Information IIM A

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12 Feb 2017 If the question is - Will ever, IIM Ahmedabad students get good food in the mess? Conflu dinner and Harvard Dinner were conceptualised only to...

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Hospitality & Utilities. Mess food scores on quality, quantity and variety which means that the Rs 5,000/- per month subscription for breakfast, lunch and...

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Assume that surveys are done and now suggest a strategy not what to do for the subscription strategy. Understand what The simply salad is doing and put it here

Based on the information available, The Simply Salad offers a meal subscription strategy with daily and weekly memberships. Their monthly membership costs Rs. 150 per day, while the weekly membership costs Rs. 180 per day. Additionally, they provide a variety of salads and meal options on specific days of the week, such as Magic Salad Bowl with Detox on Mondays, Quinoa Pulao with Curd Raita on Tuesdays, Mexican Super Bowl on Wednesdays, and Millet Super on Thursdays.

Considering this, a successful meal subscription strategy would involve offering a similar tiered membership model with daily and weekly options. Additionally, providing a diverse range of healthy and appealing meal choices for each day of the week can add value to the subscription. The strategy should focus on convenience, variety, and nutritional balance to cater to the target audience effectively.

Accessibility links Skip to main content Turn off continuous scrolling Turn on continuous scrolling Accessibility help Accessibility feedback Press / to jump to the search box The simply salad meal subscription strategy See more Delete Delete Report inappropriate predictions Dismiss Search modes All Images Videos Shopping News More Tools SafeSearch About 14,70,00,000 results (0.55 seconds) Search Results Featured snippet from the web After operating a PG (Paying Guest) service during the COVID era, Payal Pathak explains how they got the idea for their business strategy. Their monthly memberships cost Rs. 150 per day, while their weekly ones cost Rs. 180 per day . 12 Jan 2023 Simply Salads: Mom-son Duo on Shark Tank - d4commerce.com d4commerce.com https://d4commerce.com Shark Tank d4commerce.com https://d4commerce.com Shark Tank About featured snippets Feedback People also ask You will see more English now. What is the simply salad business model? What is the salad startup on Shark Tank India? Who is the owner of Simply salad? Can I pre make a salad? Feedback The Simply Salad Soch Swad Aur Sehat Ka Samanvay Hai ... thesimplysalad.com https://thesimplysalad.com thesimplysalad.com https://thesimplysalad.com That's why we offer a range of customization options, allowing our customers to personalize their salads with the ingredients and dressings of their choice. Missing: strategy | Show results with: strategy Our Subscriptions - The Simply Salad thesimplysalad.com https://thesimplysalad.com our-subscriptions thesimplysalad.com https://thesimplysalad.com our-subscriptions Monthly Subscriptions Monday : Magic Salad Bowl With Detox Tuesday : Quinoa Pulao with Curd Raita Wednesday : Mexican Super Bowl Thursday : Millet Super... Missing: strategy | Show results with: strategy The Simply Salad earns Rs 2 lakh per month | Shark Tank India YouTubeStartup Pedia 930+ views 11 months ago YouTubeStartup Pedia 930+ views 11 months ago 0:58 We share the most inspiring and untold stories of Startups and Entrepreneurs. We also share business case studies, marketing strategies ,... The Simply Salad has raised INR 30 lakhs from Shark Tank ... WEXT India Ventures https://wext.in the-simply-salad-from-shark-tank-ind... WEXT India Ventures https://wext.in the-simply-salad-from-shark-tank-ind... 11 Jan 2023 The Simply Salad sells 4.42 lakhs every month, making a profit of about 2 lakhs. The cost of their weekly subscriptions is Rs. 180 each day,... Simply Salad has a clever way to get you to order in with ... ABC7 Los Angeles https://abc7.com simply-salad-delivery-to-go-uber-eats ABC7 Los Angeles https://abc7.com simply-salad-delivery-to-go-uber-eats 24 Mar 2020 Simply Salad offering toilet paper for every $20 take out and delivery order ... MEAL DELIVERY MORE IN COMMON CORONAVIRUS COVID 19... Missing: strategy | Show results with: strategy From Ahmedabad to Shark Tank: Simply Salad's healthy ... Knocksense https://www.knocksense.com Ahmedabad Knocksense https://www.knocksense.com Ahmedabad

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Monthly Subscriptions Monday : Magic Salad Bowl With Detox Tuesday : Quinoa Pulao with Curd Raita Wednesday : Mexican Super Bowl Thursday : Millet Super...

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Incorporate this into the strategy of Terra Food Co

Given the available information about Terra Food Co, it's notable that the company is backed by strategic investors in the FoodTech and Restaurant space. This indicates a strong foundation and potential for growth and innovation. While specific details about Food Co's meal subscription strategy are not available, it's feasible to recommend strategic points to incorporate into their meal subscription strategy on their investor backing and potential expertise in the food industry.

  1. Leveraging Expertise: Terra Food Co can leverage the and experience of its strategic investors from the FoodTech and Restaurant space to develop a robust and innovative meal strategy. These investors, with their background of taking previous restaurant businesses to IPOs, can provide valuable insights and best to enhance Terra Food Co's subscription offerings.

  2. Menu Variety and Quality: Drawing from the experience and knowledge of its investors, Terra Food Co can focus on offering a diverse and high-quality menu for its meal subscription service. By leveraging the expertise of the investors, Terra Co can curate meal options that cater to diverse preferences, dietary needs, and culinary trends, ensuring a compelling and satisfying experience for subscribers.

  3. Operational: With the backing of strategic investors, Terra Food Co can optimize its operational processes for the meal subscription service This may involve streamlining delivery logistics, ensuring consistent quality, and incorporating technology for efficient subscription management and customer engagement4. Customer Engagement: The strategic investors can contribute insight on customer engagement strategies, drawing from their experience in the FoodTech and Restaurant space. This may involve loyalty programs, referral incentives, and promotional strategies to maintain subscriber satisfaction and retention.

. Expansion and Scaling: Leveraging the potential expertise of its strategic investors, Terra Food Co can develop a scalable and adaptable meal subscription strategy with the capability to expand its offerings to new locations, campuses, or customer segments.

While this information doesn't provide specific about Terra Food Co's current meal subscription strategy, leveraging the expertise and support of its strategic investors will undoubtedly play a crucial role enhancing the company's meal subscription service to meet the needs and expectations its target audience.

Accessibility links Skip to main content Turn off continuous scrolling Turn on continuous scrolling Accessibility help Accessibility feedback Press / to jump to the search box Terra Food Co meal subscription strategy See more Delete Delete Report inappropriate predictions Dismiss Search modes All Shopping Images News Books More Tools SafeSearch About 3,12,00,000 results (0.61 seconds) Search Results Sriram NAIR - Founder - Terra Food co LinkedInSriram NAIR 2.2T+ followers LinkedInSriram NAIR 2.2T+ followers Ahmedabad, Gujarat, India Founder Terra Food co We are backed by Tier 1 strategic investors from the FoodTech and Restaurant space who also took their previous restaurant business to IPOs. Similar business... Terra Food Co. Raises $800K in Pre-Series A Funding ... Outlook India https://www.outlookindia.com Business Spotlight Outlook India https://www.outlookindia.com Business Spotlight 28 Jul 2023 (TFC), a pioneering gourmet cloud kitchen company , has successfully raised $800,000 in its Pre-Series A funding round. The funding was secured... Terra Food Co Raises $1 M In Seed Funding BW Businessworld http://bwdisrupt.businessworld.in article Terra-Foo... BW Businessworld http://bwdisrupt.businessworld.in article Terra-Foo... 14 Oct 2022 Terra Food Co a cloud kitchen startup raises $ 1 million in a seed funding round. The funds will be utilised for business expansion, innovative... Missing: strategy | Show results with: strategy People also ask You will see more English now. Who is the owner of Terra Food Co? How do you promote a food product? Feedback Terra Food raises funds for business expansion Verdict Food Service https://www.verdictfoodservice.com news cloud-ki... Verdict Food Service https://www.verdictfoodservice.com news cloud-ki... 31 Jul 2023 Terra Food (TFC) has reportedly raised $800000 in its Pre-Series A funding round to support its business expansion, according to VCCircle. Terra Food - Products, Competitors, Financials, Employees ... CB Insights https://www.cbinsights.com company terra-food CB Insights https://www.cbinsights.com company terra-food Terra Food operates as a multichannel food company leveraging both online and offline platforms. Use the CB Insights Platform to explore Terra Food's full... Terra Food raises funds for business expansion Friday Takeaway Blog https://fridaytakeaway.blog terra-food-raises-funds-f... Friday Takeaway Blog https://fridaytakeaway.blog terra-food-raises-funds-f... 1 Aug 2023 As the financial year draws to a close, Terra Food is set to embark on a strategic quest for additional capital through a forthcoming Series A... Punjabi Box Veg Terra Food Co https://www.terrafood.co.in products punjabi-box-... Terra Food Co https://www.terrafood.co.in products punjabi-box-... A homely meal inspired by the North-Indian cuisine featuring masala rice with paneer and makhani gravy served with a chana salad. Shipping & Return. Missing: strategy | Show results with: strategy Sriram Nair: Turning Passion Into A Profession That ... CEOInsightsIndia https://www.ceoinsightsindia.

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14 Oct 2022 Terra Food Co a cloud kitchen startup raises $ 1 million in a seed funding round. The funds will be utilised for business expansion, innovative...

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Okay. Now create a strategy that is psuedo subscription for pilot in campus. Give KPIs and develop a toolkit for understanding profits, feasibility and scalibity and whether the model will work or not. Develop a comprehensive model using frameworks that are logical and have a flow. Please ask if any additional data is required.

Creating a pseudo-subscription strategy for a pilot program on a campus involves setting up a test framework to measure key performance indicators (KPIs) and using business modeling tools to assess profits, feasibility, and scalability.

Pseudo-Subscription Model Structure:

  1. Offer Structure: Create an opt-in program where students sign up without upfront fees but commit to purchasing a certain number of meals within a timeframe (say, a semester). This creates a subscription-like relationship without the traditional subscription model's fixed periodic fees.

  2. Incentivization: To encourage commitment, offer discounts or added value (like free drinks or sides) when thresholds are met.

  3. Flexibility: Allow students to choose when to redeem their meals, offering both convenience and the feeling of a subscription without rigid constraints.

Key Performance Indicators (KPIs):

  • Adoption Rate: Percentage of targeted student population that opt-in for the program.
  • Utilization Rate: Frequency of meal redemption within the opted-in population.
  • Average Revenue Per User (ARPU): Revenue generated per student enrolled in the program.
  • Customer Satisfaction: Based on surveys or app ratings regarding the meal quality, variety, and service.
  • Operational Efficiency: Measurements of the time and cost associated with meal production and delivery.

Business Modeling Toolkit:

To understand the financials and scalability, Terra Food Co. can use these tools:

  1. Business Model Canvas: Map out the value proposition, customer relationships, channels, key activities, resources, revenue streams, and cost structure.

  2. Lean Canvas: A faster, more agile form of the business model canvas that focuses on problem-solving and unique value creation.

  3. Break-Even Analysis: Calculate the point at which revenues from the users will cover the costs.

  4. Scenario Modeling: Use this to predict how changes in key variables could impact revenue.

  5. SWOT Analysis: Evaluate the strengths, weaknesses, opportunities, and threats surrounding the pilot program.

  6. Unit Economics: Assess the profitability of the program on a per-meal basis.

Profit, Feasibility, and Scalability Assessment:

  • Gross Margin: Measure the direct profitability of each meal after accounting for direct costs.
  • Customer Lifetime Value (CLTV): Predict the total revenue that a customer will generate over their lifetime in the program.
  • Customer Acquisition Cost (CAC): Analyze the cost of attracting each student to the opt-in program.
  • Feasibility Study: Assess logistical, operational, and market feasibility through surveys and research among the student population and campus administration.
  • Scalability Projection: Use data from the pilot to create a model of how the program could grow in size, assuming various conditions and growth rates.

Logical Flow for Pilot Implementation:

  1. Research and Development:

    • Define goals, expected outcomes, and target market.
    • Design the meal offer structure with input from students and stakeholders.
  2. Pilot Launch:

    • Market the pseudo-subscription to the target audience.
    • Operationalize the program logistics.
  3. Measurement and Analysis:

    • Collect data on KPIs regularly.
    • Conduct intermediate surveys or feedback sessions.
    • Adjust the model based on real-time feedback and data.
  4. Iteration and Adaptation:

    • Implement changes swiftly to address any issues or capitalize on opportunities.
    • Ensure constant communication and transparency with the stakeholders about changes and learnings.
  5. Evaluation:

    • Use business modeling tools to assess the pilot’s performance fully.
    • Make a decision on whether to continue, scale, or discontinue based on the assessment.

By setting this framework with clear KPIs and using a varied toolkit to assess the different aspects of the business model, Terra Food Co. can gauge the program’s performance and make informed decisions regarding its future. Additional data, such as the campus size, number of meals, and specific cost details for each meal, would further refine the analysis.

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