Cornershop Clone- Revolutionize the Online Grocery Market with an App like Cornershop

Internet access has become the armor to tackle many constraints at the moment. Covid-19 has constantly increased the necessity of online services throughout the world. The possibilities of the digital revolution are infinite. A new invention is introduced to the world every day. Similarly, our immediate needs become out of reach as reaching out to different places becomes impossible.

Grocery selling platforms like Cornershop have become the means to shop for groceries to survive these times. Besides, the newer generation prefers online shopping to traditional shopping due to its ease. Working professionals constantly do have to find time to reach out to stores due to time schedules. The shopping model is expanding at large due to the constant demand for such services.

App like Cornershop services market is expected to grow tremendously due to digitalization taking over the world. Foreseeing this, in 2015, the three founders belonging to Chile and Mexico began starting an online grocery store through a software application. The application was lauded for being strategic and responsive to new trends in the market and for having efficient retail operations.

Cornershop- A brief about its history

An online grocery service providing app was founded in chile in 2015 by three entrepreneurs. Initially, the target locations were Chile and Mexico. The founders picked Chile over other places as most of the founders were its natives. To scale up their business further, the founders expanded the business to Mexico City due to its vastness and high potency of gaining reach. Cornershop targeted the online sector where there was less competition in the initial stage. Later online grocery shopping spread the business throughout Latin and North America. In 2020, uber acquired a majority of the business for an undisclosed amount. The approval was given by Chile’s antitrust regulator, who first denied the plea by Walmart to Cornershop for $225 million. The stake initially did not include Cornershop Mexico, which continued to function. Later, the Mexican antitrust regulator approved the acquisition at the end of 2020.

Significant Highlights of the Cornershop app- 

• Cornershop started with a capital of USD 300,000 in 2015
• Cornershop’s services elevated by 50% from 2016-2018
• As their business idea implemented and targeted was new, it was a massive success amidst a big crowd
• Cornershop raised seed capital from Series A funding from an investment fund for $6.7 million for further operations
• The company entered into Series B funding and raised $21.7 million that allowed them to bring in Accel partners, a silicon valley investment funds in 2017
• Finally, the on-demand grocery raised $31.7 million from various investors, including Jackson square ventures
• In 2019, Walmart tried to acquire Cornershop for $225 million, but the Mexican antitrust officials declined their request
• At the beginning stage, in 2015, Cornershop had 100 shoppers in Chile, and the number soared to 3000 by 2018
• Their maximum delivery time is reported to be 90 minutes

Canada’s fastest delivery service

Cornershop has been credited with the title “Fastest delivery service in Canada for February 2021”. The orders are delivered within 90 minutes of the order. There is a delivery fee and service fee apart from the former.

How does Cornershop work?

The customer or the user using an app like Cornershop chooses the supermarket and adds the items to their shopping list. As the order gets placed, a shopper gets a notification through the shopper’s app, an app specially made for the deliverers of goods. The shopper picks up the goods from the stores and delivers them to the customer.

Appdupe’s Cornershop Clone App- Things to expect

Cornershop’s clone app is an online shopping software designed to build a comprehensive grocery delivery service throughout any region. Our online grocery demand solution is built with the features of the original Cornershop App and our innovative technology to provide a rich experience while using the app.

Appdupe’s Development process of Cornershop clone

Appdupe develops an app like Cornershop by the guidelines provided by the government. We target your business goals and highlight them on the app’s features, ensuring your reach towards your estimated vision without any transition. We observe the market strategies, focus on the business aims, and teach the data we collect around. In addition to necessary components, from basic to advanced, we give importance to intricate details in the development of all the applications.

The door to new customizations and ideas is always open and will be instilled in the app as per the implementation of ideas while checking for a smooth bug-free user experience; The functioning of the app is tested till there are no technical errors. Cornershop Clone is apt for remarketing, rebranding, or reselling as it’s white-labeled, giving the buyer the authority to utilize the app accordingly.

Why choose Appdupe’s Cornershop Clone App?

Our team of developers employ their technical expertise and strategies, taking the market conditions and their demands into the development of the apps, and offer any services needed such as technical solutions, customer support, and guidance post-distribution of the app.

Final Outlooks

E-Grocery stores are expected to boom in the next few years. The market for online grocery shopping was $18 million in 2018 and is expected to surge to $30.4 million in 2022 in the US alone. In India, by 2024, the expansion is depicted to be $18 billion. The world economy is experiencing a constant increase in revenue due to the online grocery markets. Covid has increased the demand for the need of an app like Cornershop. Speaking from the psychological point of view, humans adapt to certain habits for their means of convenience. Hence the adaptation of online grocery shopping will continue for an extended period.

Revenue models of online grocery shopping can be through monthly or yearly subscriptions, commissions from the grocery stores, delivery charges, service charges, advertising, processing fees. Running offers and offering rewards to members will retain customers and provide more value. Entrepreneurs should take advantage of this business and move forward to create their own to expand their business profits with time and trends and target opportunities.

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Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.