3 Online Ordering Business Success Stories [2024]
Got goods people want to order online? Consider starting an online ordering business. This involves creating a platform where customers can browse, purchase, and arrange for the delivery of products.
Setting up your own online ordering system is more straightforward than you might think. You need a user-friendly website or app and partnerships with reliable suppliers and delivery services. It's essential to ensure seamless coordination between all parties to provide a smooth experience for the customer.
A well-executed online ordering business can cater to a wide range of markets, from groceries and restaurant meals to retail products. It’s about creating convenience and enhancing the shopping experience.
With the growing trend of online shopping, there’s an increasing demand for efficient and reliable online ordering services. Tap into this market, and you’ll find a business opportunity with substantial potential.
In this list, you'll find real-world online ordering business success stories and very profitable examples of starting a online ordering business that makes money.
1. ShipMonk ($300M/year)
Jan Bednar, the CEO and founder of ShipMonk, came up with the idea for his business when he realized the demand for American products from friends and family overseas. He started a package forwarding company called BedaBox, which eventually expanded into order fulfillment after he saw the potential and the need for improvements in the industry. With a focus on technology and automation, Bednar rebranded the company as ShipMonk, revolutionizing the fulfillment industry.
How much money it makes: $300M/year
How many people on the team: 2500
ShipMonk, a technology-driven fulfillment center, went from $130K in revenue in 2014 to nearly $30M in 2018 and was named America's Fastest Growing Fulfillment Center, with projected revenue of $60M for 2019.
2. Sprwt ($1.2M/year)
Sprwt's founders, Michael Rapoport and Rui Marinho, stumbled upon the idea for their business when they were tasked with creating a system for a startup looking to bring healthy meal delivery to Europe. After realizing the market wasn't ready, they returned to South Florida with a software platform and were surprised to find that several companies wanted their system. From there, they built Sprwt, a meal prep software platform that generates over $1 million in revenue per month.
How much money it makes: $1.2M/year
How much did it cost to start: $7.5K
How many people on the team: 9
Sprwt, a meal prep software platform, generated over $1 million in revenue per month by listening to customer feedback and incorporating creative solutions, such as pick-up locations and a route planning system, while also focusing on employee empowerment and training.
3. Maynuu ($36K/year)
Aaron, the GM of Maynuu, came up with the idea for their business out of frustration with how big food delivery platforms were charging exorbitant fees to small restaurants. He wanted to create a tool that would help small restaurant owners make more money online. He connected with Wafiq, the CEO of Maynuu, who had a similar idea to help his brother's café business. They merged their projects and launched Maynuu, which has seen significant growth, making about $4,300 last month and growing about 200% in the last year.
How much money it makes: $36K/year
How much did it cost to start: $500
How many people on the team: 4
Maynuu helps small restaurant owners streamline their online ordering process, making an average monthly revenue of $3,050 in the past 12 months and growing about 200% throughout the pandemic, with plans for Southeast Asian expansion and global distribution.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
