Order Up! Analyzing Metrics for a Tastier Bottom Line in Food Delivery
Abstract
This analysis delves into the financial dynamics of a food delivery service, utilizing data-driven insights to explore avenues for enhancing profitability. By examining key metrics such as order value, delivery fees, commission rates, and discounts, we evaluate the impact of strategic changes on overall revenue and costs. Through simulations of varying commission rate adjustments and discount percentage shifts, we uncover nuanced patterns in profitability. The findings underscore the importance of striking a delicate balance between commission rates and discount strategies to optimize financial performance. This abstract encapsulates a strategic approach to navigating the evolving landscape of food delivery services, illuminating pathways to sustained profitability.
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https://shorturl.at/itDT2
https://www.kaggle.com/code/shahbazaliml/food-delivery-cost-and-profitability-analysis
https://www.geeksforgeeks.org/zomato-data-analysis-using-python/
https://medium.com/@vijay_sundaram/exploratory-data-analysis-of-zomato-data-in-python-unveiling-insights-for-restaurant-success-0db332f95bab
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