Advertising/Media
Whats fresh on the menu for advertisers Swiggy, Zomato, and additional fast commerce applications


By Kajal Sharma - 30 Jan 2024 10:19 PM
Zomato and Swiggy detect when you use their applications to peruse but leave without making a purchase. Then, very quickly, they entice you with the same discount or deal that you had looked at, using such enticing language that you are forced to complete the transaction. These companies have discovered where you spend your time online, even if you only window shop without making a purchase. So, forget about Netflix and relax, it's time to shop on Zomato or Swiggy.According to Gopa Menon, Head of Digital at Mindshare, South Asia, the practice has grown from its beginnings as a growing trend that was especially aided by the epidemic. "People use these platforms to browse, click, read reviews, add items to their cart, swipe, and make payments with ease."Food delivery, speedy commerce, fast fashion, and other sporadic platforms are becoming more and more popular, and customers are depending on them more and more for their daily necessities. Menon and other experts claim that because these platforms have a large number of users who are actively using them, they have developed into an important and captivating platform for advertisers to interact with their target demographic.Zomato has more than 50 million active users per month, according to data, while Swiggy claims to have more than 40 million users. Furthermore, any brand can reach potential customers with these figures. These platforms have a better chance of becoming recognized as brands are shifting where they spend their advertising budgets.
Although Shubham Shrivastava, AVP, D2C Pro, powered by Team Pumpkin, notes that the effectiveness may depend on numerous factors such customer behavior, ad format, product quality, and more, he still finds it fascinating to "witness the growing popularity of these platforms as an advertising space." These platforms give bands access to a sizable user community where they may interact and increase the likelihood that their brand will be recognized.People spend a lot of time these days looking through grocery stores, restaurants, and tracking delivery. This presents another opportunity for marketers to use these areas for advertising material. These areas provide improved user experiences, data-driven insights, and targeted advertising in addition to being accessible to a larger user base. Referring to it as consumer media, Co-Founder and CEO of Shopalyst Girish Ramachandran predicts that this tactic will increase brand value, "especially for its lower funnel marketing initiatives. Despite the fact that Amazon has developed a strong media business and offers self-serve solutions for marketers, other e-commerce companies are catching up and drawing FMCG businesses' marketing spending. Menon thinks that these platforms are definitely becoming more well-known because of their remarkable capacity to precisely target and micro-segment customers.