app business models – Oyelabs – Driving Business Value https://oyelabs.com Customized On-Demand Delivery Solutions Thu, 22 May 2025 11:30:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://oyelabs.com/wp-content/uploads/2020/05/cropped-imgpsh_fullsize_anim-1-32x32.png app business models – Oyelabs – Driving Business Value https://oyelabs.com 32 32 Subscription vs. Pay-Per-View: Best Revenue Model for Content Creation App https://oyelabs.com/subscription-vs-pay-per-view-revenue-model-for-content-creation-app/ https://oyelabs.com/subscription-vs-pay-per-view-revenue-model-for-content-creation-app/#respond Fri, 06 Sep 2024 10:12:15 +0000 https://oyelabs.com/?p=34102 Are you finding it difficult to choose between Subscription-Based Video On Demand (SVOD) and Pay-Per-View (PPV) for your content platform? You’re not alone. Choosing the right monetization model is crucial to your platform’s success. Content creators, especially those in video production, often find themselves with limited monetization options.  When it comes to television, live-streaming, IPTV, and platforms like OnlyFans, the main choices usually involve subscription vs. pay-per-view models. Both models are preferred as they provide efficient methods to optimize profits with little effort. Choosing the appropriate model can be difficult. Not all content is suitable for a subscription model, just as certain types may not work well with a pay-per-view format.   In this blog, we’ll dive into the details of both revenue models – SVOD and PPV – exploring how they work, their benefits, and their challenges. By the end of this article, you’ll gain a clearer understanding of which model aligns best with your content strategy and audience preferences, helping you make an informed decision for your platform.  What is Video On Demand?  Video On Demand (VOD) technology has transformed the way we consume media, allowing users to stream their favorite TV shows, movies, and web series whenever they choose. Gone are the days of sticking to rigid TV schedules; with VOD, viewers can enjoy their content on their own terms. This flexibility is provided through various delivery methods, such as the internet, cable, and satellite.  Services like Netflix, for instance, offer a subscription model enabling users to access a vast library of content for a monthly fee. This allows subscribers to watch unlimited content without the concern of broadcast schedules. Amazon Prime Video adopts a similar subscription model, but it also allows users to rent or purchase individual films, offering more flexibility.  Platforms like Netflix have popularized Subscription-Based Video On Demand (SVOD) by offering a diverse library of content accessible through a recurring subscription fee. This model has been effectively adopted by other platforms such as OnlyFans, Fansly, and IsMyGirl, where users pay a monthly or annual fee to access exclusive creator-driven content. While Netflix and similar services showcase the power of SVOD in delivering broad content offerings, platforms like OnlyFans and Fansly demonstrate how SVOD can be tailored to provide personalized, community-focused experiences. This model contrasts with other strategies like Transactional Video On Demand (TVOD) or Ad-Supported Video On Demand (AVOD), which involve one-time payments or ad revenues. The Two Most Popular Video Monetization Models  1. Subscription-Based Video on Demand What is Subscription-Based Video on Demand?  Subscription-based video-on-demand (SVOD) is a popular revenue model for content platforms like OnlyFans, Fansly, and IsMyGirl. Users pay a recurring fee—monthly or yearly—to access a range of exclusive content from creators. This model is ideal for platforms offering a variety of content such as videos, live streams, and personalized interactions, aiming to build a loyal and engaged audience. How Does the Subscription Model Work?  With the SVOD model, users pay a set fee at regular intervals (monthly or annually) to gain unrestricted access to all content on the platform. This approach allows creators to regularly upload new content and interact with subscribers, creating a continuous engagement loop. Platforms like OnlyFans and Fansly leverage this model to maintain a steady revenue stream and foster dedicated communities through exclusive content. Looking to start a creator monetization app like Fansly? Oyelabs can help you launch your platform in 1 week. Key Features of Subscription-Based Models  Steady Revenue: Platforms can create steady and predictable income by adopting a subscription model, which relies on regular payments from subscribers.. This enables companies to strategize for the future, invest in fresh content, and secure long-term sustainable growth.  Stronger Customer Relationships: Platforms can build a loyal customer base by offering unlimited access to a variety of content. When subscribers feel they are getting significant value for their money, they are more likely to stay committed and keep their subscriptions active.  Access to Lots of Content: Subscribers enjoy unrestricted access to an extensive collection of shows, movies, and other content. This diverse range enhances the platform’s attractiveness, as users are aware that they have numerous choices available at any moment.  Variety in Available Options: Platforms have the opportunity to experiment with various content types, including new genres or formats, without the concern of one-time sales. This flexibility helps keep the platform interesting and allows it to meet the changing tastes of its audience.  Better User Experience: Since the platform earns income through subscriptions, it can rely less on advertisements. This enables a viewing experience without ads and interruptions, which is favored by numerous users, resulting in greater opportunities for extra income. Subscription models permit platforms to provide exclusive benefits or premium content for an extra charge. This could include early access to new releases, exclusive shows, or advanced features, creating more ways to earn money from existing subscribers.  Improved Content Curation: Platforms can use data from subscribers’ viewing habits to understand what content is most popular. This helps in creating and curating more content that aligns with audience preferences, keeping them engaged and satisfied.  Reduced Competition Pressure: Since subscribers are committed to making regular payments, there is less pressure to compete with free content available elsewhere. Platforms can focus on delivering quality and unique content without constantly worrying about losing viewers to competitors.  Benefits of the Subscription Model  The subscription model provides various benefits for platforms, as consistent payments from subscribers generate a stable and dependable revenue stream. This stability allows platforms to invest in new content and technology, supporting long-term growth. By providing exclusive content and community features, platforms can keep users engaged and loyal. A well-structured content library combined with a user-friendly interface enhances the overall experience.  Platforms can also make extra money by offering additional services or premium content, like special shows or early access to new releases. This approach creates multiple revenue streams beyond the standard subscription fee. Because the platform is funded by user subscriptions, there’s less reliance on ads. This means users […]

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How does GoodPup Work and Make Money? https://oyelabs.com/how-does-goodpup-work-and-make-money/ Thu, 08 Sep 2022 06:05:49 +0000 https://oyelabs.com/?p=16357 The days of leaving pets with friends or family while going on vacation or giving their neighbor kids a few dollars for walking the dogs are long gone. Nowadays, technology has made everything easier, from ordering a cab to taking the dog for a walk. in this blog, we will explore the pet training apps, especially how does GoodPup work and its revenue model. Pet apps have transformed the pet care sector, facilitating the lives of owners and generating significant economic prospects. According to studies, the market for dog walking services reached $1 billion in 2018. By 2025, it is projected to expand by a precise 2.7% annually and reach USD 202.6 billion. Additionally, dog walkers work 35 to 40 hours per week and make a staggering $2000 each week. You can see how profitable this market sector has gotten from the facts provided above. The dog walking app not only makes it convenient for pet owners to find a dog sitter, but it also has the potential to make your company a successful endeavor. Do you want to create a comparable app but don’t know where to start? We’ve got you covered, so don’t worry. This article will go over how to create an app similar to Rover. But first, we need to talk about Rover, an app that is already very popular in the market. What Is A Dog Training App, And Why Are They So Successful? Dog training is all about imparting to your dog the knowledge of how to act consistently and comprehend different signs and languages. Additionally, it covers sitting, fetching tricks, and a lot more. Making the dog feel at ease with the pet owner’s commands and developing a relationship between the two are the main goals of dog training. This is considerably more involved than ordinary pet training, and it won’t be completed in a day or two. You might be surprised to learn that there is a sizable pet care sector that is making millions by creating different pet care products. You might be surprised to learn that nearly 44% of dog owners purchase pets online. According to data from 2015, pet owners spend close to 1191.9 US dollars annually on their animals. These applications include dog training, and by looking at the numbers, you can now infer the size of the industry and the potential growth areas for your company. Now that you’re certain you want a mobile app for dog training similar to GoodPup, tell us a little bit about it. Need Of Dog Training App Yes, dogs are fluffy and adorable, but they also come with extra duties. You must consistently take care of them, feed them, train them, groom them, take them to the vet, play with them, and most importantly, take them for walks since it revitalizes them after being inside all day. You cannot delegate all of these tasks to someone else, but you may delegate the most crucial one—taking the dog for a walk—to someone else. Due to the availability of numerous on-demand dog walking services, customers may place their dog in the capable hands of these service providers, who will care for it like their own. These dog walking services are especially helpful for people with demanding work schedules. Therefore, a dog owner who struggles to find time for his dog might try these dog walking apps. What Is The GoodPup App? Who is a good dog? Who is a good dog? Who is a good dog owner? That is correct! It’s you! It’s you! Due to the fact that you downloaded GoodPup. You can work one-on-one with certified, rated, and approved trainers using this beautifully made software to get your dog acting as well as it can. Lessons are given via video chat in real-time so the trainer can watch you teach the dog and make sure you’re doing it all correctly. Based on their profile, reviews, certificates, and areas of expertise, you choose your personal trainer. You can communicate with your trainer between video sessions to get rapid answers to frequent queries. You can train your dog whenever it’s convenient for you thanks to the app’s flexible scheduling features. Training remotely is even more advantageous now that there is a global epidemic because you don’t need to leave your house or invite anyone over. It’s essential to train your puppy, and GoodPup can help you make sure you’re doing it correctly. Don’t fail your puppy! How does GoodPup work? An on-demand dog walking app’s operation is quite standard and simple to carry out. The first step for a dog owner is to register with enough information about them and their pet. Additional information on the dog, such as his harness, collars, meds, and veterinarians, can be added. Now that the registration is complete, he may look for a dog walker in his area, and when he finds a match, he can give the walker his dog to take for a walk. Dog-walking apps are now growing in popularity among dog owners, and it makes sense given that they provide a wonderful opportunity to spend time with dogs while also making money. Related Read: Top Petcare Startup Ideas How Can You Monetize Your GoodPup Like App? Anyone who decides to create an application will always want it to be profitable. The majority of dog walking marketplaces have faith in the service aggregator platform’s business concept. These platforms have a good track record, which is why we’re taking a closer look at some of the most significant ones. Online Store Integration Simply put, e-commerce integration refers to the connection of e-commerce software with other software programs like CRM and ERP. As a result, data like sales offers, client contacts, and orders can automatically flow back and forth across the platforms. In plain English, it is internet-based electronic commerce, where goods are sold and purchased. Along with the fulfillment of online transactions, e-commerce also facilitates the exchange of data on prices and inventory. Commissions […]

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Rover Business Model Explained https://oyelabs.com/rover-business-model/ Mon, 08 Aug 2022 09:01:37 +0000 https://oyelabs.com/?p=15772 The post Rover Business Model Explained appeared first on Oyelabs - Driving Business Value.

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Wayfair Business Model Explained – 2025 https://oyelabs.com/wayfair-business-model/ Fri, 22 Jul 2022 12:41:19 +0000 https://oyelabs.com/?p=15702 The post Wayfair Business Model Explained – 2025 appeared first on Oyelabs - Driving Business Value.

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MyFitnessPal Business And Revenue Model 2025 Explained https://oyelabs.com/myfitnesspal-business-and-revenue-model/ Tue, 05 Jul 2022 12:00:17 +0000 https://oyelabs.com/?p=15547 The post MyFitnessPal Business And Revenue Model 2025 Explained appeared first on Oyelabs - Driving Business Value.

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3 Types Of E-Scooter App Business Models Explained https://oyelabs.com/escooter-app-business-models/ Tue, 05 Jul 2022 11:18:23 +0000 https://oyelabs.com/?p=15544 E-scooter is taking over the transportation sector across the world. It has given the common people freedom of choice and comfort in traveling. If we believe the Statista reports, it is expected that e-scooter apps will have around 125 million active users in 026. What Is An Escooter App? The e-Scooter app is the modern solution to transportation issues. It is an app where an individual can reserve an e-scooter for transportation purposes.  How Do Escooter Apps Operate? The E-scooter apps are quite upgraded in technology. An individual needs to download a specific app on his device and register with his details. After that, the app will provide him options to rent, subscribe, and book a ride. The passenger can select as per his choice. However, there are apps with only one option as well.  Different apps utilize different models of business to target a particular market. The e-scooter business models are a tool to grow in the modern markets. It is important to finalize your E-Scooter app business models before launching your own App. Currently, there are 3 main types of e-scooter business models Types Of E-Scooter App Business Models 1) Rent-Based Model In a rent-based model passenger just needs to download the app and check for nearby available scooters. Then going to the nearby e-scooter the passenger needs to scan the QR code on the vehicle through the app. After completing this step the, the passenger is ready to go.  However, there can be one or two more steps before riding if the passenger is a new user of the app. Once the passenger has completed his journey he needs to finish the ride by scanning the QR code again. After that, a bill will be generated with all the charges in detail. The customer can find it in the app.  Key features: Charge to unlock the scooter The customer is charged for every minute of usage Customers gain flexibility Threats: Maintaining cybersecurity can be a threat for the parent company High chances of physical damage to the scooters The scooters need to be recharged immediately after every usage so requires a huge employee chain Example: Lime is a prime example of utilizing a rent-based system. Lime is a US-based e-scooter app.  Lime was founded in 2017 Lime operates in over 30 countries Lime charges $0.15 per minute with the scooter unlock charge Related Read: Guide To Make An Escooter App Like Lime 2) Subscription-Based Model The subscription-based model is gaining user interest massively in recent times. As it provides the customer’s surety of having a scooter for a subscribed length of time at a specific fixed price.  In this model, the customers gain the freedom to ride as much distance as they want and pay the same amount. This model is aimed at retaining customers. In order to do that the apps provide special offers and discounts in the subscription model. Covid-19 has also helped the apps with a subscription-based model in growing. Due to the fear of the contagious virus people preferred to travel in a safe manner. Subscription-based models provided them with that. Key features: In the subscription-based business model customer is charged upfront Gains customer value by providing the user feeling of owning a scooter Cybercrime is not a big threat in this business model Threats: In this business, model plans need to be priced at an average cost in the initial stage The risk of cancellation is present in the subscription-based model Due to high competition, the app using a subscription-based model needs to give the customers exciting offers such as free repairings.  Example: Unagi is one of the best in the e-scooter app business. Unagi has a subscription-based business model.  Unagi was founded in 2018 Unagi delivers the scooter to the customer within 72 hours after purchasing the subscription plan. The subscription plan starts from as low as $10 per week 3) Demand-Based Model Demand-based business models are quite popular in every sector of business. E-scooter apps can also achieve new heights in terms of growth by applying this model.  In demand-based business models, customers are provided with the app only. Through the app they can book an e-scooter anytime they need. The customer has the freedom to select from a variety of scooter models. Freedom of selecting from a wide range of scooters based on booking charges, features, and extra charges.  Key features: Customers can rent the e-scooter through the application easily Customers have the flexibility to choose as per their needs Threats: Cybersecurity can be an extreme level threat  The rent-based business model can give tight competition due to the similarity Example: Uber is a world-famous on-demand transportation app. It has expanded in the last few years at a massive speed. Entering the e-scooter app sector in 2018 Uber has seen huge growth.  It is a US-based e-scooter app Uber e-scooter was founded in 2018  Uber has teamed up with Lime Uber e-scooters need $1 to unlock and charges $0.15 to $0.30 per minute Features To Improve The User Experience Of Your E-Scooter App User verification: As an e-scooter app provides a lot of freedom to the customer it will be great if the app verifies the customer. In order to verify that the app can accept any type of government-approved id. Wallet addition: As the e-scooter apps provide discounts and cashback frequently it can utilize the wallet idea. The app can give reward points in the wallet which can only be redeemed by paying the scooter fare. Fare calculator: In case a customer has his destination pre-planned a fare calculator can be helpful. The customer needs to input his current location and destination and the fare calculator will sum up the charges.  Adding OTP system: As online criminal activities are increasing an e-scooter app can add the OTP system to minimize the chances of fraud.  Availability: An e-scooter app needs to be available to everyone so availability on both IOS and android is mandatory for growth. Wrapping Up E-scooter […]

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Business Model of Noom And How The App Makes Money? https://oyelabs.com/business-model-of-noom/ Fri, 25 Feb 2022 09:05:06 +0000 https://oyelabs.com/?p=13035 Who doesn’t desire a body that is both fit and healthy? Today, people strive to stay fit and maintain a healthy body weight despite their hectic lifestyles. Almost everyone, young or old, wants to live a healthy life and is aware of their body weight since, after all, a healthy and fit body is the greatest riches a person can get. Weight loss apps have risen in popularity as people become more conscious of the need of maintaining a healthy and fit physique. As a consequence, fitness enthusiasts, dieticians, and weight loss professionals are ready to guide individuals through a healthy weight reduction journey using a feature-rich smartphone app. Weight reduction applications like Noom are fairly popular among smartphone apps dedicated to assisting users in achieving their desired body goals. With easy-to-use features and a superb user experience— Noom has assisted thousands of people in their weight reduction quest. So, let’s say you want to make a weight-loss app like Noom. Where do you start? It takes a long time and a lot of effort to create an app. However, with a little help, you can make it much easier. If you’re interested in developing a weight reduction app, learning from Noom will be beneficial because before building an app like Noom — you first need to understand the ins and outs of the platform. Things like how it works, how it makes money and everything else — you need to know that. For your convenience, we’ve put up a summary of Noom — let’s take a peek around. So, What Is Noom? Noom is now one of the most popular weight loss applications on the market. It has already assisted millions of individuals all around the world in losing significant amounts of weight. It claims to be the final workout programme you’ll ever require. Isn’t that a little pompous? According to the developers, such is not the case. But what gives Noom such a strong sense of self-assurance? It might be related to the particular strategy it takes to assist you in losing weight. The most important motto that Noom repeats is that no meal is off-limits. You have complete freedom to consume whatever you want. The app works by using psychology to fool your body into developing healthier eating habits, rather than setting restrictions on the kind of food you may consume. A bit later in the text, we’ll go through how Noom works. For now, all you need to know is that Noom encourages people to consume a variety of foods and is based on a scientifically verified calorie density hypothesis. Artem Petakov and Saeju Jeong, two close friends, founded the service in 2008, and it now has over 45 million registered users. The idea behind the software is simple: it keeps track of your food, activity, and sleep. It aids weight loss by advising you on what to eat and drink throughout the day depending on the information you enter into the app. So far, Noom has assisted over 200,000 men and women in losing weight, allowing them to live better lifestyles without the use of medicines or other unpopular weight loss solutions. And it’s only going to become bigger. This well-known health and wellness platform focuses on using psychology and technology to help customers lose weight and improve their overall health. Recognizing that two-thirds of Americans are overweight, the firm set out on a mission to help people prioritize their health. As a result, they carved themselves into a distinct niche in the market, attracting followers from all over the world. This science-based programme was a hit, as users reported considerable weight reduction and improved wellness after using it in 2011. Now, before we continue, let’s take a moment to discuss the issue that is undoubtedly brewing in the back of your minds right now. What Makes Noom So Popular? Noom is popular among users of all ages because of its scientifically proven weight loss technique and healthy behaviors. Let’s take a look at some of the aspects that have contributed to Noom’s current success: It includes themes including weight loss psychology, mindful eating, metabolic science, hunger kinds, mental wellness, and self-care. A team of physicians, psychologists, nutritionists, dieticians, and health professionals constructs a weight-loss strategy. These professionals design a diet for the users and track their calorie and food intake. Noom app users lose 18 pounds on average in 16 weeks and 86 percent of noomers reach their ideal body weight in a year. Noom has assisted millions of individuals all around the world in accomplishing their health goals. Offers more than 1000 interactive lessons. How Does Noom Work — The Functioning Noom, as previously said, does not forbid you from consuming anything. Because of the underlying science of its process, it is able to accomplish so while still assisting you in losing weight. When you first download the app, you must go through a Q&A process with it in which you must share your personal information, your health metrics (blood pressure, weight, etc.), your lifestyle (whether you cook at home or eat out), and whether you have a job that requires you to move or one that requires you to sit for the majority of the day. You’ll be assigned a health coach and given eating advice once you’ve completed this procedure. These coaches are actual individuals, not certified dieticians, who assist you in creating a diet plan that may work for you, taking into account all of the foods you enjoy and determining how much of each you should consume. This is where calorie density science comes into play. It is the number of calories contained in a certain amount of food. Foods with a low-calorie density, or energy density, can aid weight loss. Using the list of items you eat and the calorie density concept, Noom separates food into three categories: red, yellow, and green. And the app encourages the users to eat things from the yellow and green sections. […]

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HealthifyMe Business Model- How it Works and Makes Money? https://oyelabs.com/healthifyme-business-model/ https://oyelabs.com/healthifyme-business-model/#comments Tue, 01 Feb 2022 04:20:11 +0000 https://oyelabs.com/?p=12749 The post HealthifyMe Business Model- How it Works and Makes Money? appeared first on Oyelabs - Driving Business Value.

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MyGate Business Model – How It Work and Makes Money https://oyelabs.com/mygate-business-model/ Tue, 11 Jan 2022 12:24:21 +0000 https://oyelabs.com/?p=12326 The post MyGate Business Model – How It Work and Makes Money appeared first on Oyelabs - Driving Business Value.

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Buyk’s Ultra Fast Grocery Delivery Services – How Does Buyk Work https://oyelabs.com/how-does-buyk-work/ Fri, 24 Sep 2021 13:35:26 +0000 https://oyelabs.com/?p=9901 The term “Dark Stores” has an ominous, almost dystopian ring to it.  Dark Stores represents one of the numerous innovative ideas and concepts that have assisted numerous retail businesses to remain afloat during the pandemic. When times are tough, business owners are forced to be innovative. We’ve seen this all over the place in the last year, from hotels turning empty rooms into co-working spaces for the WFH-crowd to restaurants offering takeaway menus and home delivery.  Many retailers have also transformed their physical locations into “dark stores,” in keeping with this trend. Even though people were forced to stay indoors, they continued to consume. Despite the fact that many people’s incomes have declined, global shopping volumes have increased, with the retail sector’s market capitalization increasing by 35% between February 2020 and April 2021.  Despite this, a large number of retail establishments are experiencing financial difficulties. What, then, distinguishes the top performers from the bottom performers? According to McKinsey, “In many cases, the strengths enabling some companies to surpass their industry peers—tech-forward and asset-light business models propelled by the tailwinds of growing demand—became even more important during the crisis.” One way retail stores have satisfactorily managed to adapt to the pandemic is to “go dark.” And when that is not the case — many new stores have emerged out of the blue and offer on-demand grocery delivery services.  One of the most notable ones is Buyk! What is Buyk? On September 14th, the ultra-fast grocery delivery startup Buyk began operations in New York City. On September 14th, the company announced that it had begun delivering in Manhattan. Earlier this year, the founders of Russian fast-grocery chain Samokat, Rodion Shishkov and Slava Bocharov, revealed that they had raised $46 million for a US launch of their company Buyk. Using the Buyk business model, deliveries are guaranteed within 15 minutes by using hyperlocal dark stores located throughout the city. Items are retrieved in 2 minutes after customers place their order and delivered by bike couriers (referred to as “buyers”) in 5-10 minutes to the customer. Buyk’s service is currently available in Manhattan, and the company says it plans to expand to all five boroughs of New York City by the end of the year. In 2022, the company plans to expand to other major US metro areas, including California, Florida, Massachusetts, and Illinois. Buyk is the latest in a long line of quick-grocery players to expand into the New York market. JOKR, Gorillas, and Fridge No More are just a few names that have come out this year. With goPuff’s 500-city blitz and goPuff, there will be five dark store/fast grocery players in the Big Apple by 2021. How Does Buyk Work? Buyk follows the dark store business model by creating dark stores to make it as simple as possible to fulfil online orders. Although some have aisles and shelves like a regular store, they lack the signage and displays that you would find at your neighbourhood retailer.  Some dark stores resemble warehouses. Robots may be used to pick and pack customer orders if they are completely automated. Some businesses use a hybrid approach that includes self-driving carts that collect items and then send them to workers who prepare the order for delivery. But that is not how Buyk Works.Buyk follows a more low-key approach where small store rooms are created in various places in the city that stock and shelf goods and groceries. These storage units are handled by dedicated store managers. So every time an order is placed, Buyk’s smart algorithms automatically assign the delivery duty to the nearest delivery personnel, or as they call them, Buykers — who would go to the nearest store for pickup and deliver the order within 15 minutes or less. Because these dark stores aren’t retail establishments that deal directly with customers, they aren’t bound by the laws governing their hours of operation. Customers’ orders are frequently picked up overnight and in the morning, with inventory being replenished in the afternoons.  There are multiple trips made by trucks to get orders to customers throughout the day, so they can be delivered as quickly as possible. What’s The Purpose Of A Dark Store Like Buyk? Brands can stock more inventory in dark stores than they can in a brick-and-mortar location with limited storage. Dark stores helped merchants with physical locations during the COVID-19 pandemic provide contactless delivery and pickup options to their customers. One or more dark store locations have proven to improve order accuracy, speed up fulfilment time, and provide additional space for inventory for many merchants in the long term. As an added benefit, it’s a great way to deliver orders to customers more quickly by providing various delivery options Who Should Open A Dark Store Like Buyk? A dark store is an excellent choice for any retailer who needs more options and space to fulfil a large number of online orders in their physical store. Due to the pandemic, e-commerce grew rapidly this year and is expected to continue growing in the future.  Retailers who previously relied solely on selling products in a physical location can now quickly increase their online sales by converting their physical space(s) into a warehouse to quickly fulfil orders and store more inventory. Why Should You Open A Dark Store Like Buyk? Most likely, you’ll pass a sign that says “Online-Only” on your way to work or home. In response to COVID-19, major retailers including Walmart, Whole Foods Markets, Kroger, and Bed Bath and Beyond are experimenting with dark stores as a part of their overall sales strategy.  Giants may enjoy dark stores, but they aren’t the only ones. Small businesses are also experimenting with this concept, and they will reap the benefits as the number of their customers grows while the cost to reach them decreases. Below, you’ll see some of the benefits that retailers can get from having dark stores: Stocking Spaces The interior space is designated for inventory storage in these dimly lit shops. […]

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