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Grocery app business model

The grocery industry is a $1 trillion global market, with more than 80 percent of Americans saying they shop online. The market is also incredibly competitive, with multiple players vying to take over the market. Grocery apps are one way retailers are trying to compete in this highly competitive space.

 

Grocery apps allow shoppers to not only compare prices and find the best deals, but also track their nutritional intake and choose recipes for the week ahead. These features make grocery shopping easier, more convenient and better organized—and that's why so many people are using 

them.

 

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But what does it take to turn your idea into a reality? To answer that question, we spoke with three entrepreneurs who used their backgrounds in technology and retail to launch successful grocery delivery businesses.