How much does it cost to develop an app like Swiggy?
Cost to Develop an App like Swiggy?
Among the multiple fastest-growing companies, on-demand food delivery in the hospitality industry is growing rapidly. The convenience of ordering food online from anywhere at any time has become an addiction for 21st-century consumers. According to a survey, restaurants linked to online food delivery mobile apps generate 47% more profit compared to unrelated restaurants.
Therefore, more and more companies are planning to enter this market to generate higher income. But for that, they need to offer more convenience and flexibility to consumers, which is currently offered by apps like Swiggy. This blog talks about the cost of developing these types of applications.
Swiggy has become the first on-demand food delivery mobile app that has been able to meet user expectations in every way possible by delivering premium functionality. So if you want to get an idea of how to make an on-demand food delivery app then you need to know the costs of developing an app like Swiggy. Well here is your guide.
Swiggy’s Big Hit: Stats and Facts :
- Based in Bengaluru, Swiggy was launched in 2014.
- Swiggy was founded by Sriharsha Majety, Nandan Reddy, and
- Swiggy works on food delivery with a logistics support business model.
- Until October 2018, Swiggy was associated with 40,000 restaurants.
- In 2019, Swiggy operates 100 Indian cities.
- Until October 2018, around 60,000 delivery people worked for Swiggy.
- Until December 2018, Swiggy’s estimated value was $ 3.3 billion and the amount of funding raised by Swiggy was $ 1.27 billion.
- Swiggy’s monthly online order volume is 14 million and the average order value is around Rs. 380.
Key factors that determine the cost:
There are different factors in determining the expense and cost of building an app like Swiggy. They are as follows:
Application platform (Android, iOS, or Windows): The cost of developing the swiggy app for iOS varies from that of Android. The graph below shows the comparison of the average hourly cost to develop a mobile application, by different operating systems (in terms of location) in 2012, in US dollars.
App size: The application which corresponds to the standard of Swiggy contains many basic user-oriented functionalities. The size of the application will increase with the increasing number of features. But if the functionality is increased for the convenience of the user, it will also impact the cost factor.
App Design: As for the restaurant app, it requires a user-friendly and engaging design to attract fans of recurring dishes, which requires advanced technology. The cost of design may vary on a case-by-case basis depending on your needs.
Application developers; The cost of hiring a developer varies depending on a developer’s level of expertise on a particular platform. According to data from Job Search | Indeed, a US-based mobile app developer costs you around $ 107,000 / year, while in India it’s low enough, for example, to hire a business app developer, you only need to pay USD 4400 / year.
Main characteristics of the Swiggy type application:
Food delivery app like Swiggy needs various features for its customers, administrators, and owners:
- Client Panel
- The navigation menu
- recording
- To order
- Address Book
- Register
- Restaurant details
- Current offers
- Coupons and rewards
- Filter restaurants by cuisine
2 Administration panel
- Restaurant management
- Order management
- Application management
- Payment management
- Administrator login
- Technical management
3 Application owner panel
- To log in
- Payment process
- Find foods by filters
- Order status and tracking
- Choose the payment method
- Help and support
How does Swiggy make money?
1) Commission: -Swiggy charges a commission of 15% to 25% on the order received by the restaurant. The percentage of the commission depends on factors like the frequency of orders received, the location of a restaurant, a restaurant’s dependence on Swiggy, the percentage charged by competitors, penetration into a new city, etc.
2) Shipping cost: -After swiggy got a market stronghold, they started charging for the shipping service.
3) Advertising — As with delivery services, Swiggy has also started advertising the restaurant. Swiggy began generating ad revenue through two models: Banner Promotions and Priority Restaurant List.
Costs developed in the development of Swiggy Clone
The cost of developing apps like Swiggy, which serves a dual purpose: finding restaurants as well as delivering food on demand depends on the features and functionality it offers to customers. So let’s see an estimate of the cost of developing a mobile application offering features similar to Swiggy.
The functionality of on-demand food delivery mobile apps is divided into three categories: the customer perspective, restaurant perspective, and administrator perspective.
Review — Helps users analyze restaurant ratings before placing an order.
Secure payment options -Offer users multiple ways to complete order payment, such as secure online payment gateways like Google Pay, debit/credit card, PayPal, payment wallets, and cash on delivery
Chat option in the app -
Allow customers to interact with the support team for any questions related to their order, refund, etc.
Cost to create an app like Swiggy:
In a given mobile application, the type of feature and the number of features implemented usually determine the overall cost involved in the process. However, building a food delivery app like Swiggy doesn’t always seem as easy as it sounds.
An app like Swiggy also contains high database volume, real-time tracking, video streaming (if integrated), payment integration, and more.
For this reason, the general challenges of developing a mobile application are likely to present complications for developers. The total cost to create a swiggy app also depends on whether it is designed or not for iPhone users and Android devices.
Considering all relevant factors, resource requirements and the trending market scenario, the total cost of developing the application will likely reach the range of $ 18,000 to $ 35,000.
Conclusion:-Developing an on-demand food delivery app like Swiggy isn’t that easy, especially for start-ups and individuals. To achieve similar results, you either need to hire Indian mobile app developers who are proficient in both hybrid and native technology, or you can hire a mobile app development company like FuGenx who can provide you with the desired result. We hope you get a close estimate of building a food delivery app like Swiggy with the blog above.
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