Tag: customer experience delivery

  • How to Create the Best Order Confirmation Email (2022)

    Order confirmation emails have better engagement rates than other sorts of emails. Their open rates are as high as 70%, the average click rate is 17%, and the average order rate is 3.77%. That makes confirmation emails pivotal for your business. And you can use this opportunity to achieve your branding and marketing goals.

    Customers are more likely to respond to order confirmation emails than to full-fledged advertising communications, and these numbers are a huge testimony of the potential of order confirmations.

    To capitalize on these opportunities, you should employ well-thought-out techniques. And to help you out with that today we are going to give you all the necessary information on how to create the best order confirmation email.

    WooCommerce Order Confirmation Email Customization

    What Is an Order Confirmation Email?

    An email confirmation is an automated email sent to the client after they place an order. Unlike a promotional email that is sent to a group, this transactional email is sent to a single user in response to the action they have performed, like in this case making a purchase.

    While you already get an indication that your purchase was placed successfully on the website or app, an email confirmation is a great follow-up that most customers anticipate.

    The email confirmation includes information such as your transaction, purchase, delivery address, payment method, list of ordered products, tracking data of the package, and delivery date. These emails can be used for confirming your appointment, reservations, subscription, or any other form of service.

    An order confirmation email is an excellent way of keeping the customer’s trust especially if they are a first-time buyer, as it fulfills the psychological requirement of keeping things in good faith. It can also be used for marketing purposes and as a tool to improve customer satisfaction. You can also add similar products as the ones brought by the customer or attach a discount offer to make them your recurring customer.

    What Purpose Should Your Confirmation Emails Fulfil?

    Order Confirmation Email
    Confirmation Order Email

    An order confirmation email is a significant element of upscaling your company. You may not be able to see its direct impact on your business, but in a long run, this works as the catalyst for increasing brand loyalty.

    Consider the following subpoints when you craft the template of the order confirmation email.

    It should Aid in Maintaining Long-Term Relations With the Client

    Your order confirmation email should speak the language that makes your customers want to purchase from you again. This is possible when your email is successful in providing an amazing customer experience. You can attach an invitation for your customers to join you on social media or a loyalty program to maintain long-term relations with them.

    It Should Pique the Interest of Customers in Your Products

    Whenever a customer sees the confirmation email of their product or service it helps to subside their worries. Now they have the assurance, they start looking at the finer positive points of the services that you provide. This email alone promotes favorable thoughts and creates a base for future interactions of customers with your brand.

    It Should Build Trust

    When a customer makes a purchase from your online store for the first time they want to know whether your firm is legitimate or not. A confirmation email works as a trust-building factor that their payment information is safe and their order will be delivered to them successfully.

    It Should Include All the Important Details

    A confirmation email includes all the important information like mode of payment, list of products, expected delivery date, tracking details, and all the valuable information that a consumer expects from the seller. More about it in the upcoming section.

    Your Email Should Give Customers Peace of Mind

    When your customer sees a confirmation email in your inbox, it automatically gives you peace of mind that you haven’t been duped and the amount you have paid on that item is in safe hands.

    Things to Include in an Order Confirmation Email

    A customer seeks several important components in an order confirmation to ensure the proper delivery of their product. These details can differ depending on your email marketing strategy. However, there are a few aspects that you must include in your emails. Here’s a list of all those components:

    Your Brand Name

    Adding your brand name to the email will communicate to the customer that the communication has come through your company and it will also help to create awareness among the clients about your brand name.

    Order Number

    An order number streamlines the whole process of resolving customer queries. It helps the customer care executive in locating all the specifications of the purchase and provide instant solution to the customer.

    Summary of Order and Contact Details

    Including details regarding customer billing address, method of payment, product name, quantity, size and color of product, weight, and stock-keeping units along with a photograph of the items will provide the buyer with visual confirmation of their purchase in a proper way.

    A Proper Breakdown of the Costs

    Sometimes a customer may get confused about the price of a product, hence a proper breakdown of the cost will help them to comprehend the cost easily. Including details like the cost of the product, taxes, shipping cost, and any discount or promotional codes that are used by the customer or included by the platform itself.

    Confirmation of Order Amount and Mode of Payment

    This one’s quite easy to understand, a display of the payment method and overall amount of the order gives the customer assurance and an idea of the charges they have paid.

    Order Confirmation and Payment Mode
    Confirmation of Order and Payment Mode

    Tracking Details and Estimated Date of Delivery

    Tracking details make your brand appear trustworthy and genuine. It also assists the customer in monitoring their package. The estimated delivery date will help the customer know when your item is scheduled to be delivered and if the payment mode is cash on delivery then the customer will be ready with the amount on the specified date.

    Thank you Message and Customer Service Details

    A thank you message will make a customer happy. It will also show them that you can go the extra mile to give maximum customer satisfaction. Providing customer service details gives the customers an accessible way of reaching out to you in case of any issue with the product or cancellation.

    Some Fantastic Examples of the Order Confirmation Email

    After gaining so much information on a confirmation email, let’s have a look at some great order confirmation email samples so that you can create one of your own!

    1) Show Some Excitement!

    Since an order confirmation email is your first opportunity to communicate with your consumer, show them how grateful you are that they purchased your product. The degree of excitement you display in your email will make the consumer delighted and a returning customer.

    Shoes order confirmation email
    order confirmation email

    2) Use Some Catchy Lines and Follow-up Information

    Using some catchy phrases that fit with your product will create an impression on your customer’s mind. It also demonstrates your level of inventiveness and the work you put into providing a positive user experience for them. Customers may be certain that their product is in good hands and will be delivered to them shortly if they receive follow-up information such as “we will send you another email after delivery.”

    3) Send a Personalized Thank You Message

    A personalized thank you email will show your consumer that they are valued and will remind them that they made the correct decision. This will help to establish an instant connection between the consumer and the business.

    Personalised Order Confirmation Email
    Personalised order confirmation email

    Conclusion

    We hope you can see how crucial a flawless order confirmation email is for a business by now. An email confirmation creates positive ideas in the head of the consumer and aids in growing potential earnings.

    Not only that, but it also demonstrates your genuineness and builds customer confidence in future transactions. Online business is all about risk and certainty, but with a purchase confirmation email, you can make it a little less perilous for your consumers.

    FAQs

    How do you respond to a customer order?

    Show your gratitude towards them for buying your product and craft a personalized message   to build trust and offer them a discount and then close your message with another thank you note with your email signature.

    Why are order confirmation emails important?

    Order confirmation email verifies that order has been successfully placed. It provide an opportunity for relationship building and create potential cross-and up-selling.

    How long do order email confirmation take?

    Ideally order confirmation email takes around 5 mins to 60 minutes. Sending an order confirmation email early at helps in making good customer relationship and building brand image.

    What should be the length of the order email confirmation?

    There is no defined length for it. But it must have all the details like- Order number, cost breakdown, purchased items, delivery timeline.

  • Milkbasket Success Story – Hyperlocal Grocery Delivery App

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Milkbasket.

    With a rising number of startups and the presence of many existing players in the industry, the customer acceptance of home delivery services is growing leaps and bounds. Living in the current era, we are surrounded by an increasing number of eCommerce platforms that offer almost everything and deliver all of these things right at our doorsteps.

    It is true that most of our daily needs are satisfied by the old and the newer players that are dominating the home delivery services, but for some of our daily needs, which are always in demand, like fresh milk, groceries, we often find a crunch, even if it is for a specific product. This is why many startups have solely dedicated their businesses to meet the growing requirements, thereby aiming to achieve a demand-supply equilibrium. One such startup that aims to take care of the fresh supply of milk and more is Milkbasket.

    Milkbasket is a subscription-based micro-delivery service that provides customers with the regular dairy necessities and household needs each morning. Within the first six months of its launch, Milkbasket claimed to have shipped 30 million orders.

    Founded by Anant Goel, Anurag Jain, Ashish Goel, and Yatish Talavdia in 2015, Milkbasket is a Haryana-based company that is currently owned and operated by Reliance Industries, when the latter acquired 96.49% stakes in Aaidea Solutions Private Limited Milkbasket parent in October 2021.

    Know more about Milkbasket’s startup story, business model, funding, revenue, growth, and more in the article ahead!

    Milkbasket – Company Highlights

    Startup Name Milkbasket
    Legal Name Doorstep Retail Solutions Pvt Ltd
    Headquarters Gurugram, India
    Industry Delivery Services, E-Commerce, Food and Beverage
    Founder Anant Goel, Anurag Jain, Ashish Goel, Yatish Talavdia
    Founded 2015
    Revenue $42.51 mn (INR 322 crore in FY2020)
    Total Funding $78.5 million (Feb 2021)
    Parent Organization Reliance Retail Ventures Limited
    Website milkbasket.com

    Milkbasket – Recent News
    About Milkbasket and How it Works?
    Milkbasket – Industry
    Milkbasket – Name, Logo and Tagline
    Milkbasket – Founders and Team
    Milkbasket – Startup Story
    Milkbasket – Vision and Mission
    Milkbasket – Business Model
    Milkbasket – Revenue and Growth
    Milkbasket – Funding and Investors
    Milkbasket – Competitors
    Milkbasket – Challenges Faced
    Milkbasket – Future Plans
    Milkbasket – FAQs

    Milkbasket – Conquering India’s Operational Complexities

    Milkbasket – Recent News

    October 23, 2021 – Reliance Industries’ subsidiary Reliance Retail Ventures Ltd completes the acquisition of Milkbasket by acquiring 96.49% stakes in the company.

    August 28, 2021 – Milkbasket, a daily grocery delivery app, has advanced its bid to go public in the second half of 2021, boosted by solid market growth in recent months despite the pandemic, according to a top company executive.

    “Milkbasket has a near-perfect record of reaching growth targets since being founded in 2015. The rapid adoption of at-home grocery delivery amongst consumers due to the pandemic has provided us with an impetus to target IPO in just a year, which we had initially planned for the year 2023,” Anant Goel (Milkbasket co-founder and CEO) said.

    About Milkbasket and How it Works?

    Milkbasket is a Gurugram-based company that creates an online grocery network to meet consumers’ everyday household needs.

    The company provides a simple delivery system that delivers milk, bread, eggs, butter, juices, and other everyday necessities and basic dairy amenities to users’ doorsteps every morning. The platform also allows them to keep track of daily expenditures, schedule vacation time off, and easily build repeat orders every day.


    How Online Food Delivery Startups are dealing with CoronaVirus Outbreak?
    The Coronavirus or COVID-19 which started last year in December in Wuhan, Chinahas impacted the global economy and no industry sector has remained immune toit. All businesses, startups and industries across the globe are coming up withsafety measures to deal with the virus like asking employees t…


    Milkbasket – Industry

    The Covid-19 pandemic has created a huge growth opportunity for the online grocery delivery sector, which predicted that India’s online grocery market could reach $3 billion in 2020, up from $1.7 billion in 2019. It is expected to grow at a CAGR of 37.1% from 2021 to 2028. The industry was valued at USD 2.9 billion in 2020. It has gained tremendous traction since 2020.

    Milkbasket – Name, Logo and Tagline

    ‘Milkbasket’ as the name suggests, was a milk delivery startup initially but later on decided to come up with a simple delivery system that delivers milk, bread, eggs, butter, juices, and other everyday necessities and basic dairy amenities to users’.

    Milkbasket Logo

    Milkbasket – Founders and Team

    Milkbasket was founded by Anant Goel, Anurag Jain, Ashish Goel, and Yatish Talavdia in 2015.

    Milkbasket's Founders
    Milkbasket’s Founders

    Anant Goel

    Anant V Goel was the founder and CEO of Milkbasket. Goel was a B.tech, Civil Engineering student of NIT Kurukshetra, after which he visited The Wharton School and INSEAD to complete MBA exchange and MBA, Strategy and Operations, Corporate Finance programs. Goel started his career at Tata Consultancy Services where he worked as a Project Leader and then went to Capgemini to join the company as a Sr. Strategy and Transformation Consultant. Goel then became the CEO and Managing Partner of UrSqft before founding Milkbasket and becoming its CEO. Gallup Consulting was another company where Anant Goel worked as an Associate Partner. Goel exited the company and stepped down from the CEO designation on August 23, 2021, after Milkbasket was acquired by Reliance Industries.

    Milkbasket Founder and former CEO Anant Goel  is all set to launch his new startup that will be based on the fruits and vegetable segment. It would be a consumer-centric platform that will delivery the fresh produce from farmers to the consumers, as per the sources close to the company and to the matter, reported on February 15, 2022.

    Anurag Jain

    Anurag Jain has been a co-founder of Milkbasket.com. He was also an alumnus of NIT Kurukshetra from where he completed a B.Tech degree in Civil Engineering. Jain later successfully pursued a PGDBM in Operations Management and Supervision from XLRI Jamshedpur. Anurag became a co-founder of Milkbasket after serving managerial roles in several companies like Spencer’s Retail, Cinepolis India, TPG Wholesale, and Samsung India.            

    Ashish Goel

    Ashish Goel served as the Co-founder and CTO/CPO of Milkbasket. A Mechanical Engineering student of Delhi College of Engineering, Ashish co-founded two companies –  Zamoona and UrSqFt before co-founding Milkbasket in 2015. Ashish Goel is currently serving as the CTO of ZipLoan after leaving Milkbasket in January 2021.

    Yatish Talvadia

    Yatish is currently hailed as the present CEO of Milkbasket after Anant exited the company. Talvadia has a Masters’ degree in Engineering/Industrial Management from Manipal Institute of Technology. Yatish was the Sr. Lecturer of JECRC and later served as a Core Team Member of Zamoona before co-founding Milkbasket with the 3 other founders of the company.  

    Milkbasket – Startup Story

    Ashish Goel availed of the ‘Milk and More’ service to deliver groceries and daily necessities to his home when he was in the U.K. This made Anant realize that India also needs one such service. However, entering around that time when the market was already being dominated by successful players like Grofers, Big Basket, LocalBaniya, and Peppertap, Milkbasket had only one intention, which is to stand as an alternative to the mom-and-pop stores of every Indian neighborhood.

    Milkbasket founders started in 2015 when they first set up a stall in an apartment complex in Gurugram. The founders soon got the first paying customer, who installed the app. The founding team of Milkbasket initially started to deliver milk by themselves, in their personal car. With the increasing demands, they eventually had to hire an autorickshaw to deliver it. The order volume further increased, which made Milkbasket partner with corporates and automotive companies and ultimately set up their own delivery fleet.    

    Milkbasket started off with just 22 customers in April 2015, and by the end of June of the same year, the team saw a growth of 30,000+ customers, and that too only in Gurugram. Ashish and Anant started with their initial capital seed of 50 Lacs.

    Milkbasket – Vision and Mission

    The company’s mission is to become the default mom and pop shop for over a million households. Milkbasket is by far the most cost-efficient model in the online grocery space as compared to its domestic and global competitors, accomplishing positive unit economics within about six months of launch. This is perhaps why the company has been acquired by Reliance.


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    The application of technology to food innovation forms the core of the foodtech vertical. Nicolas Appert’s improvement in 1810 of the canning procedure is anearly example of foodtech innovation. The emphasis was on safeguardingsustenance. The procedure wasn’t called canning at that point, and App…


    Milkbasket – Business Model

    Milkbasket is a hyperlocal e-commerce company that believes in an inventory-based model where it sources its products directly from brands. Milkbasket co-founder Anant Goel believes that his company has developed a contactless hyper-local grocery delivery model. Customers can place orders before midnight and have them shipped by 7 a.m., according to Milkbasket.

    The e-grocery delivery startup doesn’t need checkout or payment because the purchase is prepaid with the help of a mobile wallet that is on the app. Therefore, the users can simply top it up whenever they run out of funds. Milkbasket earns from its delivery charges, subscriptions, and commissions from each transaction.

    Milkbasket – Revenue and Growth

    Milkbasket, a hyperlocal distribution startup based in Gurugram, announced a 3.8X increase in revenue in 2020, which ended in March last year, with only a small increase in losses. In 2020, the company reported revenue of INR 322 crore, of which 99.9% (INR 321.7 crore) came from operations.

    In 2020, the hyperlocal startup’s expenses rose at the same pace, to INR 337.7 Cr, bringing its losses to INR 15.7 Cr. In 2019, the company posted revenue of INR 84.6 Cr and expenses of INR 94.1 Cr, resulting in a loss of INR 9.5 Cr. Over the same time frame, it received around 99.7% (INR 84.4 Cr) from its operations.

    Milkbasket is based on the habit of people residing in India, of having milk delivered to one’s doorstep every morning, and the company only delivers during one delivery slot, from 5 a.m. to 7 a.m. By October 2017 they had delivered around 1.5 million orders and employed around 200 people.

    Milkbasket had earlier displayed an annual sales run rate of around USD 100 million, delivering over 9,000 items across FMCG, dairy, fruits, and vegetable categories in Indian cities including Hyderabad, Dwarka, Delhi, Bengaluru, Ghaziabad, Gurgaon, and Noida).

    MbBulk and senior citizens-only helplines were also introduced in several cities to help people stay on lockdown without having to go out for groceries and dairy products. Within the first six months of its launch, Milkbasket successfully shipped around 30 million orders and achieved positive unit economics.

    The company has been in high demand since the lockdown began, as demand for hyperlocal grocery delivery has increased dramatically. During the lockdown, many companies with a logistics and distribution backbone, such as Swiggy and Zomato, switched to grocery delivery as these were the only essentials in demand across the board.


    BroEat! – India’s first WhatsApp based home-delivery Platform
    The food delivery segment will not be the same, even after the lockdowns lift —largely because of the startups which have innovated to adapt to physicaldistancing and hygiene upgrades. One of the startups front lining this change is BroEat!. It is India’s first Whatsapp based home-delivery platf…


    Milkbasket – Funding and Investors

    Over the course of 11 rounds of funding, Milkbasket has raised total funding of $78.5 million. Milkbasket’s Investors’ include InnoVen Capital, Inflection Point Ventures, Mayfield Capital, Kalaari Capital, Blume Ventures among others.

    Date Round Amount Lead Investors
    Oct 23, 2021 $40M Reliance Retail
    May 13, 2020 Series B $5.5M Inflection Point Ventures
    Jun 27, 2019 Debt Financing ₹150M InnoVen Capital
    Jun 4, 2019 Series B $10.5M Unilever Ventures
    Dec 19, 2018 Series A $7M Mayfield Fund
    Nov 12, 2018 Series A $100M Mayfield Fund
    May 22, 2018 Series A $7M Kalaari Capital
    Jan 23, 2018 Seed Round $3M Unilever Ventures
    Aug 23, 2017 Seed Round $840.9K Blume Ventures, Lenovo Capital and Incubator Group (LCIG)
    Dec 1, 2016 Seed Round $634.9K
    Apr 26, 2016 Seed Round $500K EVC Ventures

    Milkbasket – Competitors

    The top competitors in Milkbasket’s competitive set are –


    BigBasket Success Story – India’s Largest Online Grocer
    Today, BigBasket is the India’s largest online grocer that receives over 100,000orders per day. Online grocery shopping is fast gaining popularity among theIndians. According to a Redseer report, India’s online grocery retail market isall set to touch $10.5 billion by 2023. A company that holds a…


    Milkbasket – Challenges Faced

    Though Milkbasket initially started fine with the capital pool from the founders, the app has faced money crunches in regular intervals, which has been one of the major challenges of the company. Milkbasket was ultimately acquired by Reliance Retail and two senior executives of Reliance Industries Limited – Nikhil K Chakrapani, CFO of Reliance Retail and Rajendra Kamath, CFO of Reliance Content Management have joined the board of directors of Milkbasket as additional directors.

    Milkbasket – Future Plans

    According to a top company executive, Milkbasket has advanced its intention to pursue an initial public offering by the second half of 2021, boosted by solid market growth in recent months despite the pandemic. The widespread adoption of at-home delivery services among shoppers during the coronavirus disease outbreak, according to Anant Goel, has opened an opportunity to target an IPO in less than a year.

    “Milkbasket has a near-perfect record of reaching growth targets since being founded in 2015. The rapid adoption of at-home grocery delivery amongst consumers due to the pandemic has provided us with an impetus to target IPO in just a year, which we had initially planned for the year 2023,” he said.

    However, the company didn’t manage to go public till now. Milkbasket is currently looking forward to expanding its range of offerings and is looking for profitability after being taken over by Reliance. The company is also deemed to be a part of the Reliance super app.


    Customer Experience Aspects that Food Delivery startup should Adopt
    The food delivery startups have seen a boom in popularity like Zomato[https://startuptalky.com/zomato-success-story/], Swiggy [https://startuptalky.com/swiggy-using-ai/] by serving customers preferred foods from their chosen restaurants. But not allthe apps excel with the same delightful customer…


    Milkbasket – FAQs

    What does Milkbasket do?

    The company provides a simple delivery system that delivers milk, bread, eggs, butter, juices, and other everyday necessities and basic dairy amenities to users’ doorsteps every morning.

    Who founded Milkbasket?

    Milkbasket was founded by Anant Goel, Anurag Jain, Ashish Goel and Yatish Talavdia in 2015.

    What companies do Milkbasket compete with?

    The top competitors in Milkbasket’s competitive set are Supr Daily, DailyNinja, BB Daily, Town Essentials, Amshop, RainCan, ZopSmart, PepperTap, Big Basket, Grofers, Dunzo, Zomato and Swiggy.

  • How to Provide an Unforgettable Food Delivery Experience to Your Customers (8 Ways)

    The food delivery startups have seen a boom in popularity like Zomato, Swiggy by serving customer-preferred foods from their chosen restaurants. But not all the apps excel in the food customer journey with the same delightful customer experience. Any UI design service should give special attention to the relevance of delivery as per the user preferences to make the food delivery experience best for them. So, here are some food delivery customer experience aspects that any food delivery startup should adopt.

    Here are the few tips and techniques you can use to give your first customer a memorable experience to make the food delivery experience best for them:

    1. Personal Delivery by Founders/Team
    2. Deliver Good Quality Food
    3. Timely Delivery
    4. Treat Every Customer as a Unique Customer
    5. Personalized Food
    6. A Personal Thanking Note
    7. Surprise Discount on Food – Who Doesn’t Like It
    8. Take a Pic – Save It Forever
    FAQ

    1. Personal Delivery by Founders/Team

    This might sound a little unconventional but delivery by promoters or founders can make the delivery experience memorable for customers. Sometimes, this might not be possible for founders but if possible, delivering personally in the initial days and letting customers know that they are among the first customers of the business after delivery can make the customer feel special. One popular example of this is, In the U.S. the UberEats CEO, Dara Khosrowshahi delivered the food personally to the customers.

    UberEats CEO Tweet
    UberEats CEO Tweet


    2. Deliver Good Quality Food

    Maintaining a good quality of food is obviously the most important aspect of food delivery customer experience. In order to do so, the delivery guy must be instructed to maintain the food parcel with utmost care. Take feedback from customers & work on them to improve. You can also add sample packets of other food products so that customers can order next time if they want.

    3. Timely Delivery

    Tasty food on time is what the customer wants. Delivering food on time is another most important aspect of delivering food. For this, customers must be given an estimated delivery time beforehand. At the same time, the location tracking feature can be provided so that customer gets the real-time estimation of delivery.

    4. Treat Every Customer as a Unique Customer

    An AI model must be used to personalize the experience of customers which gives the feeling of being someone special. The startup must use intelligence into categorizing food on the basis of which it offers recommendations around dishes and restaurants that serve similar food.

    For enhancing the search experience, Swiggy has built a custom AI model Sumo Logic that ranks all the restaurants uniquely for every single customer. The list of restaurants is unique for each customer, matching his preference.

    Sumo Logic is a secure, cloud-native, machine data analytics service, delivering real-time, continuous intelligence from structured, semi-structured, and unstructured data across the entire application lifecycle and stack.

    5. Personalized Food

    Allowing menu-based browsing and restaurant listing based on user preferences, the listing should come with a clean listing of the food prices. In the initial days, after the customer placed the order, call them to confirm their taste preference. For example, whether they want it to be spicy or sugar-free. It will be the icing on the cake if you can personalize the food and if the chef could write a personal note as well.

    6. A Personal Thanking Note

    A nicely written personalized note from the founder thanking customers can delight their hearts. You can also give them free food for the next two orders or you can also give free Mouthfreshner/Chocolates/Sweets. It would signify that you want to share the happiness of starting your new business along with them. Also, it can be extended to all customers ordering from you on the first day, rather than just the first customer.

    7. Surprise Discount on Food – Who Doesn’t Like It

    One of the best tricks is to surprise customers with a discount on the delivery amount. Giving a discount as a surprise would make the customer remember the online food portal forever.

    8. Take a Pic – Save It Forever

    You could take a picture of the customer accepting the food delivery and frame it using a beautiful frame with your company logo and gift it to them with coupons/ discounts for further usage or if you want to do more you can make an entire video journey of how much love and care has gone into the process and have a full meal delivered with a full staff team and everything to pamper the client. Document it all, just to show that this is what your company does. It delivers customers great food at the comfort of dining at their home

    If you know of any other hack to delight the first customer please let us know in the comments.

    Conclusion

    The first delivery is always a memorable experience for a food delivery startup. However, for customers, a startup is not the first. Probably they have already tried different websites before coming to yours. The only thing which will make them come back to your website again is the experience that you provide. If you plan to launch a food delivery startup you always wanted your first customer to be very delighted by your service. Delivery experience is like the first impression for food delivery startups. If you excel in providing a great experience to your customers then you have already earned a potential customer.

    FAQ

    What makes a good food delivery experience?

    A great key is to create a great online food startup’s delivery experience for your customers is checking on their food quality. It’s your way of saying thank you to your customers. Also, make sure that the food is sealed well and all the needed condiments are also included in the packaging. Don’t compromise quality over speed.

    What aspects of the customer experience make a food delivery service stand out?

    Personal Delivery by Founders/Team, Deliver Good Quality Food, Treat Every Customer as a Unique Customer, and A Personal Thanking Note will make your customer experience make a food delivery service stand out.

    How can I promote my food delivery?

    Invest in paid advertising, send emails, partner up with local influencers, and do local SEO.

  • FarEye – Making Logistics More Efficient, Predictive And Organized

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Fareye.

    For any business dealing with physical goods, logistics is an important segment to take care of. Today we are featuring FarEye, a SaaS startup that is helping business manage their logistics and supply chain easily and flawlessly. Founded by three Indian entrepreneurs, FarEye, is a global logistics SaaS startup that is simplifying logistics management for businesses and ensuring a great delivery experience for end customers. Here is more on the journey of the startup, its growth, and how it is disrupting the global logistics market.

    FarEye – Company Highlights

    Startup Name FarEye
    Legal Name RoboticWares Private Limited
    Headquarters Greater Chicago Area, Great Lakes, Midwestern US
    Industry Artificial Intelligence, Logistics, Delivery, Enterprise Software, Last Mile Transportation
    Founders Gaurav Srivastava, Gautam Kumar, and Kushal Nahata
    Founded 2013
    Current CEO Kushal Nahata
    Website www.getfareye.com

    FarEye – Latest News
    About FarEye and How it Works?
    FarEye – Name,Tagline and Logo
    FarEye – Founder and History
    FarEye – Mission and Vision
    FarEye – Business Model & Revenue Model
    FarEye – Revenue and Growth
    FarEye – Funding and Investors
    FarEye – Acquisitions
    FarEye – Competitors
    FarEye – Challenges Faced
    FarEye – Future Plans
    FarEye – FAQs

    FarEye – Latest News

    On July 2021, FarEye secured $100 M in a Series E round headed by TCV and Dragoneer Investment Group. FarEye’s previous investors, including Eight Roads Ventures, Fundamentum, and Honeywell, were also involved in the round. The new funding also includes a little debt refinancing, but the amount was not disclosed.

    The funds will be used to develop the company’s technology platform strengths, fuel expansion in Europe and North America, and investigate inorganic growth opportunities.

    About FarEye and How it Works?

    FarEye’s products include last-mile delivery routing software, logistics, and supply chain visibility software, and software to improve coordination between enterprises and logistics partners. FarEye’s cutting-edge logistics technology stack is making the delivery of goods a pleasant experience for everybody.

    The AI-powered feature of FarEye optimizes end-to-end delivery and makes recommendations based on data aggregation. It enables businesses to obtain insights, outperforms over the last loop, and satisfy the customers. FarEye’s goal is to drive autonomously, deliver with autonomous vehicles and drones using aggregated data and real-time feedback.  

    FarEye enables global businesses to reduce delivery times by up to 27%, enhance courier efficiency by allowing up to 15%, remove hazards by up to 57%, and maintain operational excellence. The FarEye Intelligent Delivery Management Platform can assist your organization in going live faster, implementing process improvements quickly, and keeping your delivery ecosystem adaptable. With end-to-end visibility throughout the delivery journey, the engine provides an excellent logistics customer experience.

    FarEye is a software platform that helps firms plan, track and optimize their logistics operations. If you order a pizza from Domino’s, the restaurant will use FarEye’s services, which is integrated into its database, to swiftly advise the client how long they will have to wait for their meal.

    FarEye – Name, Tagline and Logo

    In a world that is becoming increasingly borderless, supply chain management is more vital than it has ever been. To achieve performance and accuracy, operations would require timely coordination, insight, and control. FarEye lets businesses keep an eye on and control their logistics and supply chain remotely and easily, which possibly inspired the name ‘FarEye’.

    FarEye's Company Logo
    FarEye’s Company Logo

    FarEye’s tagline says, “Improving Logistics Collaboration And Driving Supply Chain Excellence.” Another tagline used in the company’s website is, ‘ Making Deliveries Better for Everyone’

    FarEye – Founder and History

    FarEye was founded by Kushal Nahata, Gautam Kumar, and Gaurav Srivastava in 2013.

    Founders of FarEye - Kushal Nahata, Gautam Kumar, and Gaurav Srivastava
    Founders of FarEye – Kushal Nahata, Gautam Kumar, and Gaurav Srivastava

    After 14 or 15 years of full-time education, the three founders really wanted to get out into the world, solve problems, and make a meaningful impact. The only question that lingered was what real-life problems could they solve? and the response came as a knock on the door. “E-commerce was just starting to take off in India at the time,” says Nahata. “However, if I ordered something online, the driver would contact me every time, inquiring where my house was, even though it hadn’t moved in years. After that, everything was done with pen and paper until the driver arrived. It was clear that there had been little change in the way logistics were organized.” This is where the idea for “FarEye” arose from.

    FarEye’s first customer was Jabong’s logistics arm GoJavas in 2013, and it currently works with some of the world’s largest companies, including DHL, Walmart, Tata Steel, Hilti, and Amway, to help them digitalize and manage their logistics operations more effectively.


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    FarEye – Mission and Vision

    FarEye’s mission statement says, “With a mission to make logistics more efficient, predictive and organized, we set out to build a robust technology platform that leading global enterprises across 30+ countries adopted. We are on the path to building an autonomous logistics platform that would make it not just efficient but also self-sustaining & profitable for enterprises.”

    FarEye – Business Model & Revenue Model

    FarEye is a logistics SaaS startup and earns revenue from subscription charges. Businesses use FarEye’s intelligent and sophisticated platform to deploy several delivery models from multiple inventory locations, including same-day, next-day, on-demand, and doorstep. This includes overseeing the end-to-end delivery of goods and services to both consumers and businesses, using both third-party and in-house fleet methods.

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    FarEye – Revenue and Growth

    As reported in 2020, FarEye has around 350 employees, and the company is handling over 10 million transactions a day. The company has clients in over 30 nations, and across many industries including transportation, logistics, retail, and FMCG. As per some reports, in 202o FarEye made revenue worth $26.8 million, and the company’s products are being used by over 150 businesses.

    “Logistics spend globally is $10.6 trillion, out of which 70% is on transportation. However, there is scope to save $10 on every $100 of freight by optimizing returns, resource utilization, cycle time, and fragmented logistics processes resulting in savings of about $700 billion,” says Nahata.

    FarEye is now firmly in expansion mode and grew quickly over the next few years. While most of the company’s early customers were logistics service providers, it currently serves shippers as well, and its customers can be located anywhere in the world.  FarEye’s systems track between 5 and 10 million shipments per day.

    FarEye – Funding and Investors

    Date Round Amount Lead Investors
    May 25, 2021 Series E $100M Dragoneer Investment Group, TCV
    Aug 19, 2020 Series D $13M Fundamentum, KB Global Platform Fund
    Apr 10, 2020 Series D $24.5M M12 – Microsoft’s Venture Fund
    Jan 5, 2018 Series C $9.8M Deutsche Post
    Jan 21, 2016 Series B $3.1M Elevation Capital
    Oct 5, 2014 Series A $317K Indian Angel Network
    Nov 25, 2013 Angel Round $32K

    FarEye – Acquisitions

    Acquiree Name About Acquiree Date Round
    PY Technology Pvt. Ltd. PY Technology Pvt. Ltd. is an enterprise software and services company that provides Information Technology & Services. Mar 5, 2021
    Dipper Digital Ecosystem for freight logistics Nov 14, 2018

    FarEye – Competitors

    Some of the top competitors of FarEye are Ecom Express, project44, SAP Integrated Business Planning, SPiN, Optimal Satcom, FourKites, G2 Deals,  Shipsy & Mojro.


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    FarEye – Challenges Faced

    • Retail dynamics are rapidly changing
    • Customer expectations are being exceeded
    • Getting used to technological advances
    • Raise in the delivery costs
    • Package destruction
    • There are a lot of first-time delivery failures

    Handling deliveries isn’t easy, according to the CEO. Shoppers, in particular, are expecting a same-day shipment, increased flexibility, and better transparency. Even for field workers, completing a good delivery requires more than merely gathering up or dropping off a package. To ensure successful delivery, a succession of events must occur at precisely the right time.

    FarEye – Future Plans

    “We are solving certain problems for our customers today, but I feel we can solve much larger problems and help digitize the entire supply chain network,” FarEye CEO Kushal Nahata said.

    As the coronavirus outbreak threatens supermarket and e-commerce companies’ capacity to deliver supplies to consumers on time, FarEye announced that ‘Serve’, a service that focuses on enabling the movement of everyday essentials, will be free for any company to utilize for more than a year.

    “The global pandemic has accelerated the need for enterprises to scale their supply chain operations efficiently to meet the rising share of online deliveries. FarEye’s highly configurable last-mile and long-haul logistics platform has been validated by leading global enterprises across the 3PL, retail and manufacturing categories,” said Shweta Bhatia, a partner at Eight Roads Ventures, in a statement.

    The startup wants to improve its integration capabilities so that it can provide organizations with a comprehensive plug-and-play solution. The firm, which already employs over 350 people, plans to add 100 more employees in order to speed up product development.

    The largest future challenges for the firm will be developing better ways to assist clients to sustain the competitive advantage that comes from constant innovation and quick evolution.

    FarEye has been profitable since its inception, but according to Nahata, an IPO is not in the cards for the near future. “Right now, our main aim is to grow” he stated.

    FarEye – FAQs

    What does FarEye do?

    The AI-powered feature of FarEye, a Noida-based company, optimizes end-to-end delivery and makes recommendations based on data aggregation.

    Who founded FarEye?

    FarEye was founded by Kushal Nahata, Gautam Kumar, and Gaurav Srivastava in 2013.

    Which companies do FarEye compete with?

    Some of the top competitors of FarEye are Ecom Express, project44, SAP Integrated Business Planning, SPiN, Optimal Satcom, FourKites, G2 Deals,  Shipsy & Mojro.