UBER BUYING GRUBHUB?? What It Means For Restaurant Owners, Food Delivery, & Cloud Kitchens...
Channel: Wilson K Lee - How To Open A Restaurant / F&B Shop
Date: 14/05/2020

Uber is taking a stab at acquiring Grubhub. And this could be a big deal for restaurants and the food delivery industry moving forward...

As of right now, Door Dash has the largest market share in the food delivery industry. Grubhub is second and Uber Eats sitting at third. If Uber DOES takeover Grubhub, Uber Eats would then have almost HALF of the food delivery market. 

That is HUGE and would have major implications for restaurant owners.

Uber Eats recently has already been getting a lot of flak for their service outages, poor customer service, and unfair contracts/commissions. But this consolidation would mean a whole lot more customers moving towards 1 app. Meaning that jumping off the Uber Eats ship might be a bad idea for restaurants and cloud kitchens. 

Regardless whether this merger happens, it is crucial that restaurant owners understand that food delivery, curbside pick up, and online ordering will be the NEW NORMAL in the post-covid-19 world. People aren't going to stop now that they see how easy it is (same with remote working). 

So you need to think about these third-party food delivery apps as a traffic generating source - not a profit generating source. And when you think it them as a marketing tool, you can start to move your business forward and adapt to the changing times. 

If you are a restaurant owner, cloud kitchen/virtual kitchen owner, part of restaurant management, then keep on watching as this news is MASSIVE.

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ABOUT WILSON: 
I’m Wilson, your new restaurant business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success. 

My videos are based on years spent in the industry building multi-million dollar businesses, including my own international dessert chain (https://720sweets.com/) with locations spanning the globe. Since my franchise was acquired (2020) it’s been my mission to share this knowledge with people like you who have great ideas, but just can’t seem to break through. If I did it all with no experience, so can you. I know firsthand the struggles and mistakes most entrepreneurs make, and want to show you exactly how to avoid them. 

I’ve helped hundreds of restaurant owners and entrepreneurs create explosive Food & Beverage businesses. You don’t have to take my word for it. I’ve been awarded Top 30 Under 30, Young Entrepreneur of the Year, Top 10 Emerging Entrepreneurs, and recently a Forbes Business Council Member. 

Subscribe to see what everyone’s talking about and learn how you can achieve the same life-changing results. 

Find more great resources, check out https://www.wilsonklee.com/

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