Introduction
Worldwide - the market for food delivery stands at €83 billion, or 1 percent of the total food market and 4 percent of food sold through restaurants and fast-food chains with an overall annual growth rate estimated 3.5 percent for the next five years. This current market is desirable for the introduction of a singular, user enhanced cross-platform offering that will not only further mature the market but also bolster it by applying additional user functionality to attract new user groups than whats already catered for.
Mastereats is a food ordering platform that collates all existing food delivery apps into a single unified offering. Utilising emerging digital payment methods, Mastereats offers a never before seen shared ordering functionality that allows large groups to purchase and order food together.
Built using cutting edge APIs, Mastereats ensures that whenever a larger player in the market makes a change or improvement to their offering, the platform evolves to match it. Mastereats displays these offerings in a concise and straight forward method based on proven user flows and standard content hierarchy. Users can land on Mastereats, browse, complete a shared order and pay in as little as six steps. Feedback in app is assuring, haptic and concise. This helps propel the user from browse right through to delivery of their order in as quick as 30 minutes. This systematic collection of transaction fees ensures that Mastereats can intake on current market valuation, €1 million of pre-tax revenue per week from launch.
Complimentary Product Offering
In addition to offering users the most variety for ordering at home, Mastereats will also offer users the added functionality of table reservation at restaurants using the open table API, as well as a shared bill and cashless tipping services which bring the entire experience of eating onto a single unified platform.
Davra Networks