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How much does it Cost to Launch an Online Grocery Store Website & App?

Solutions for starting an online grocery business!

By Akanksha ChandanPublished 4 years ago 4 min read
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According to the Coresight Research U.S. Online Grocery Survey 2020, "U.S. online grocery sales grew 22% in 2019 and, propelled by high demand from nationwide COVID-19 lockdowns, stand to surge about 40% this year."

Online grocery industry is booming like never before. If you are an aspiring entrepreneur who is planning to invest in a profitable niche, online grocery marketplace is a business idea worth considering!

The industry was growing even before the pandemic because over the past couple of decades, people have developed the habit of shopping everything online. So, as per the evolving customer behavior, online grocery shopping becomes the obvious ongoing trend.

It can be said assuredly that an online grocery store is not only a good idea but one of the most profitable online business ideas of all.

Top performing grocery stores in the market:

Given the existing need in the market, there are already plenty of established players who are making good amount of money. A few of them are listed below:

#1. Instacart

Founded in 2012, Instacart has now become a household name across the United States and it is also well recognized in other countries too. If you are planning to start an online grocery delivery business, Instacart could be your driving force.

Here is the timeline of Instacart:

Related: All You Need To Know About Launching An App Like Instacart

#2. Delivery.com

You can get delivery from local favorite restaurants, liquor stores, grocery stores and laundromats near you by using this app. You can order online for delivery or takeout and also earn points on every order.

#3. Big Basket

Bigbasket.com is India’s largest online food and grocery store. With over 18,000 products and over a 1000 brands in our catalogue you will find everything you are looking for.

#4. FreshDirect

FreshDirect is an online grocer that delivers to residences and offices in the New York City metropolitan area. FreshDirect believes that fresh ingredients and quality food lead to nutritious, delicious meals. They travel near and far to bring theirr customers the very best — right to their front doors.

#5. Grofers

Grofers is an Indian online grocery delivery service. It was founded in December 2013 and is based out of Gurugram. You can choose from a wide range of grocery, baby care products, personal care products, fresh fruits & vegetables online and Pay Online!

How much investment it would take to start a grocery shopping website?

It depends on the approach you follow to set up your online grocery store. Firstly, there are two options, build a grocery shopping website from the ground up or use a ready-made website script.

As per the ongoing industry trends, the smarter way to go ahead is to launch your grocery shopping website using a ready made solution. As it saves your time, efforts, as well as money.

FATbit Technologies offers ready-made solution to start online multi-vendor and single vendor grocery stores. The solution, called Growcer, comprises all the high-end features that leading players of the industry offer and is also completely customizable; meaning, you can make changes in the system’s look and functionality the way you like.

Let's take a look at the important features of an online grocery marketplace:

ADMIN FEATURES

  1. These are the features that are useful for the admin/owner of the marketplace. These features are used to manage the products, orders, and analyze how the marketplace is performing. The admin features are,
  2. Product Catalogue System helps to manage the products and product information in an effective manner.
  3. Advanced Reports & Statistics helps the admin to get insights about the overall performance of the website.
  4. Advanced Order Management System helps to manage the flow of the order.
  5. Multiple Revenue Channels vendor subscriptions, commissions, and advertisements are integrated for augmented income generation.

SELLER FEATURES

  1. These are the features that help sellers keep track of their business. The seller/vendor features are,
  2. Shop Management features enable the sellers to manage their shop profile (supervise products with its descriptions, discount coupons), activate or deactivate the store availability, etc.
  3. Inventory Management feature is used to monitor stocked goods regularly with precise inventory forecasts.
  4. Tax Management features help in categorizing taxes effectively.
  5. Rating & Review System helps the seller know about the customers’ experience regarding his service.

MUST-HAVE FEATURES FOR A GROCERY MOBILE APP

When you are launching an online grocery shopping/delivery marketplace, then you need two different types of Mobile Applications — one for the buyers and one for the shoppers/delivery staff.

Here are the must-have features for both mobile apps:

To cater to the growing need of m-commerce, Growcer comes with ready grocery delivery staff apps.

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Content Source:

https://beststartupbusiness.wordpress.com/2019/01/02/how-much-would-cost-launch-online-grocery-store-website/

https://medium.com/@akankshachandan/how-to-build-a-grocery-delivery-app-like-shipt-df0782a696ef

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About the Creator

Akanksha Chandan

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Comments (1)

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  • Sofiia Shevchuk2 years ago

    Great article, just what I was looking for! I read an article about cost to build online marketplace: https://www.cleveroad.com/blog/how-much-does-it-cost-to-build-a-marketplace-website/, but I needed a more highly specialized guide, like yours

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