Home delivery platform Snappy Shopper is expecting to complete its five millionth order in the coming days, following record breaking order numbers so far this year.
This is in stark contrast to the outlook for dark stores, as many rapid delivery platforms pivot their businesses away from this model following significant cash-burn and stagnating sales, whilst others announce major global staff redundancies.
Snappy Shopper’s continued growth has been achieved post-Series A funding totalling £19.4m, while the leading dark store operator in Europe with UK operations has raised more than £1bn investment and reportedly burned through €90m per month at the end of 2021.
2022 has been a record year for Snappy Shopper, with retailers on the platform consistently reporting up to 160 per cent increased basket spend compared to in-store.
Snappy Shopper is one of the UK’s fastest-growing grocery home delivery solutions, enabling independent retailers to expand their communities by recruiting shoppers who don’t normally visit the store in person, with 80 per cent of sales coming from new customers. The technology supports local high streets, allowing retailers to tap into consumer demand for convenience whilst offering value for money – online products are sold at in-store prices and are never inflated.
“As we celebrate the milestone of our five millionth order through the Snappy Shopper app, we continue to develop our technology to support independent retailers and combat the threat posed to their businesses by dark stores, said Mike Callachan, CEO at Snappy Shopper. “The sustained growth of the platform and growing demand from both sides of the marketplace (retailers and consumers) confirm our position in the market as being the better, less capital-intensive solution to rapid grocery delivery by driving incremental sales straight into the existing UK convenience store network.”
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