GrabFood – What is, What if, What wows, What works
What is
Grab is a multinational company based in Singapore offering a diverse range of services including ride-hailing, food delivery, and digital payments. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab has rapidly expanded its presence across Southeast Asia, becoming a leading super app in the region (Grab Holdings, 2022).
One of Grab’s key
service is GrabFood, a food delivery platform available in multiple Southeast
Asian countries including Singapore, Indonesia, Malaysia, Thailand, Vietnam,
the Philippines, and other Southeast Asian countries. GrabFood
enables users to conveniently order food from a wide selection of chain and
neighborhood restaurants through its user-friendly mobile application.
With the GrabFood app, users
can order food from their favorite chain and neighborhood restaurants. The app
shows users the restaurants that are available, their menus, and prices. Users
can then place their orders and see how the delivery is going in real time.
Delivery drivers work with GrabFood to pick up orders from places and bring
them right to customers' doors. (Grab Malaysia, n.d.)
GrabFood works the same way as
Uber Eats, DoorDash, and Deliveroo, which are all food delivery systems. The
goal of GrabFood is to improve the dining experience for customers, help local
businesses, and create jobs for delivery drivers by making food delivery easy
and quick. By partnering with restaurants, GrabFood
not only helps these establishments reach a broader customer base but also
stimulates economic growth in the communities it operates in.
What if
What if GrabFood expands its
services to include more remote areas or smaller towns where food delivery
services are not as prevalent?
In the case that GrabFood does
expand its services to include areas or smaller towns where food delivery
services are not as prevalent, it could result in market expansion, since by accessing remote areas or smaller
towns, it can open up new markets for GrabFood, increasing its customer base
and revenue potential, and it could also result in competitive advantage, which
is because by being one of the first food delivery services in these areas, it can
give GrabFood a competitive edge and establish brand loyalty, but by expanding
, it could also result in logistical challenges, which because delivering to
remote areas, it may pose logistical challenges, resulting in a longer delivery
times, higher delivery costs, and difficulties in maintaining food quality
during transit, but by expanding, there is a risk of GrabFood having limited to
no demand, since remote areas may have a smaller population and lower demand
for food delivery services, making it financially unviable to operate in those
areas.
But currently, GrabFood has
expanded to several rural cities across Malaysia in an effort to ensure no one
is left behind in the digital economy and the results is that by expanding to
these rural areas, GrabFood seems to have gotten the position of the number 1
food delivery position in Malaysia.
What if GrabFood introduces a
subscription-based model where users pay a monthly fee for unlimited
deliveries?
In the case that GrabFood does
introduces a subscription-based model where users pay a monthly fee for
unlimited deliveries, it could result in an increased revenue and a predictable
cash flow, since A subscription-based model can provide a steady and
predictable stream of revenue from recurring monthly payments, and it could
also result in higher customer loyalty, since by offering unlimited deliveries
for a fixed fee, it can incentivize customers to use GrabFood more frequently,
leading to an increased customer loyalty, but by introducing a subscription
based model, it poses a risk to a loss of revenue since by offering unlimited
deliveries for a fixed fee may lead to a loss of revenue if the subscription
fee does not adequately cover the costs associated with delivery operations,
and by expanding, it could also result in a chance for customer abusing the
system, since some customers may abuse the subscription model by placing
excessive orders to maximize the value of their subscription, which could
strain resources and reduce profitability of GrabFood.
Bur currently, GrabFood has
introduced a subscription model system, which is called GrabUnlimited, which
means that the users just have to pay around RM4.90 per month and they would be
able to save around RM300 each month, if in the case that they do use their
subscriptions to its fullest, and the results of this action has not been
publicly disclosed.
What Works
By using Grab Food, users must
first download the Grab app and register an account. Users can browse through a
wide selection of restaurants. They can then look through the menus of selected
restaurants and make an order for delivery. The menu typically includes a
variety of dishes, drinks, and special discounts for delivery. Customers can
pay for their orders with credit cards, Grab Pay, or cash on delivery. Once the
order is placed, the Grab food driver or rider will pick up the order from the
restaurant and deliver it to the user’s specified delivery address. Customers
may track their delivery status in real time through Grab app (Marcos, 2023).
What Wows
Grab
Food boasts an impressive array of restaurant partners, ranging from local
eateries to well-known chains. With such a wide variety of dining options,
users can satisfy their diverse tastes and preferences. Users can hide gems in
their area through the sheer variety of options available on the platform.
GrabFood's standout feature is real-time delivery tracking.
As soon as an order is placed, the user can monitor its progress until it is
delivered to their door. It will predict the faster time the food can be served
based on location, estimation of food preparation , historical traffic data,
delivery distance and more (Zhang, 2020). Users gain confidence in the delivery
process and are less concerned about order accuracy and delivery time with this
transparency and visibility. Tracking deliveries in real-time is a convenience
users appreciate and contributes to Grab Food's wow factor (Grab Malaysia, n.d.).
Moreover, Grab food not only
has help customer to have hot serve food delivered to them with only just a few
taps on the app but also giving chances for restaurant owner to boost up their
sales, serving more customer by getting more orders online and maximizing
number of deliveries made within a short time, allowing more income to be
earned (Balakrishnan, 2021). Grabfood could help as an exposure of these
restaurant to customers and advertise their food.
The company have also been
striving to give the customers for the perfect experience, allowing quick order
placement, delivery person pick up the food and the meal reach at customer
doorstep with the best condition. They have reduce any inefficiencies from
order to delivery, ensuring a seamless order and delivery of food (Zhang,
2020). In this case, the delivery person is guided using the most efficient
routes to the drop-off spot, ensuring a faster delivery time. Overall, these are features that GrabFood has integrated
in the system bringing conveniences to both customers and to the merchants.
Part |
Done By |
What is |
Lim Jun Na Chong Jess Wynn |
What if |
Valerie
Annabella |
What works |
Yap Huey Shin |
What wows |
Tan Qiao Qian Michelle Wong
Hei Hui |
References
Balakrishnan,
R. (2021, April 21). How GrabFood is harnessing technology to overcome the
challenge of food delivery in Southeast Asia. Retrieved from Deal street
Asia: https://www.dealstreetasia.com/partner-content/how-grabfood-is-overcoming-the-challenge-of-food-delivery-in-southeast-asia
Zhang, W.
(2020, March 19). A closer look at Grab's efforts to serve up the ideal food
delivery ecosystem. Retrieved from TechInAsia: https://www.techinasia.com/closer-grabs-efforts-serve-ideal-food-delivery-ecosystem
Grab
Malaysia. (n.d.). Food delivery & restaurant takeout | GrabFood Malaysia.
Grab. https://www.grab.com/my/food/
Marcos, A. R. J. (2023, April
2). Rev Up Your Earnings with Grab: How to Make Money with GrabFood Delivery. https://www.linkedin.com/pulse/rev-up-your-earnings-grab-how-make-money-grabfood-delivery-rj-marcos
GrabFood Malaysia’s Nationwide Expansion Cements No.1 Food Delivery Position
| Grab MY. (2023, June 14). Grab. https://www.grab.com/my/press/others/grabfood-malaysia-no-1-food-delivery/#:~:text=GrabFood’s%20position%20as%20the%20leading,partnering%20research%20agency%20for%20Grab.
Grab expands services to rural cities across
Malaysia. (2020, September 6). FocusMalaysia. Retrieved May 13, 2024, from https://focusmalaysia.my/grab-expands-services-to-rural-cities-across-malaysia/
Yau, P. T. (2022, April 22). GrabUnlimited Deep
Dive – Is It Too Good To Be True? RinggitPlus. https://ringgitplus.com/en/blog/e-wallet/grabunlimited-deep-dive-is-it-too-good-to-be-true.html
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