How Digital Ordering Made The Pizza Business Way Better
REUTERS/Anindito Mukherjee
Nearly half the domestic sales at Papa John's and Domino's Pizza are online, equity analyst Daniel Spelman writes on the Columbia Management blog.
Online ordering solved a huge problem in the pizza business, according to Spelman.
"Gone are the days of waiting to get through to someone on the phone or having an order misunderstood due to a bad connection," Spelman says. "Because orders are more accurate, food waste is dramatically reduced."
Ordering through pizza chains' websites and online apps is much more reliable. Customers can select the toppings they want, and review their order before sending it to Domino's, Papa John's, or Pizza Hut.
As a result digital ordering business is thriving, according to Spelman.
Domino's smartphone app has been downloaded 7.4 million times, and the company has sold $3 billion online in the past year.
Companies like Taco Bell, McDonald's, and Starbucks are also investing in digital ordering.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market