Image Source : youtube
Swiggy's 15-minute food delivery mobile app, Snacc, ended its alliance with Blue Tokai Coffee Roasters just three months after launch. The alliance that had begun in a bid to offer specialty coffee products for speedier delivery got scrapped over the disagreement regarding price models, menu strategy, and execution targets.
Important Highlights:
Partnership Collapse: The collaboration was terminated due to both companies' inability to agree on pricing models and optimizing product mix. Early Success: The alliance assisted Snacc in making an early success in the fast food delivery sector, addressing needs for instant consumption. Strategic Shift: Swiggy's Snacc is currently targeting in-house products and collaborations with third-party providers, just like rivals Zepto Café. Market Competition: The food delivery business within 15 minutes is becoming increasingly competitive, with the likes of Zepto Café and Blinkit Bistro expanding quickly. Future Outlook: According to analysts, Snacc's shift towards proprietary food and drinks could improve margins, pricing power, anu. consistency
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