Too Good To Go connects businesses with excess food to consumers who want to purchase them at a discounted price. Consumers can use the app to browse food items from participating stores nearby. When a consumer finds something they want, they can purchase it through the app and then pick it up from the store at a designated time. Too Good To Go charges the business a fee for each meal or food item they sell through the platform. It can also charge consumers a service fee for using the app.
Surplus Food Sales
Too Good To Go is an app that connects consumers with businesses that have surplus food to sell at a discounted price. This helps reduce food waste and allows businesses to recoup some of the costs of the food that would otherwise be thrown away.
- Consumers can search for participating businesses near them and browse the available food items.
- Businesses can list their surplus food items on the app, including information about the type of food, the quantity available, and the price.
- Consumers can then purchase the food items through the app and pick them up at the designated time.
Too Good To Go has a variety of business partners, including restaurants, grocery stores, and cafes. The app has been successful in reducing food waste and has also helped businesses to increase their revenue.
In 2021, Too Good To Go saved over 50 million meals from going to waste. The app has also helped businesses to generate over €300 million in additional revenue.
Here is a table that summarizes how Too Good to Go makes money:
| Source of Revenue | Description |
|---|---|
| Commission on sales | Too Good to Go charges a commission on each sale that is made through the app. This commission varies depending on the type of business and the quantity of food that is sold. |
| Subscription fees | Too Good to Go also offers a subscription service for businesses. This service provides businesses with access to a range of features, including the ability to list more food items, track their sales, and receive customer support. |
Subscription Fees
Too Good To Go does not charge its users any subscription fees. The app is free to download and use.
How Too Good To Go Makes Money
Too Good To Go is a mobile app that connects businesses with surplus food to consumers who are willing to buy it at a discounted price. The app charges a commission on each transaction, which is how it makes money.
Delivery and Handling
- Too Good To Go partners with businesses to sell their surplus food.
- Customers can use the Too Good To Go app to find and purchase surplus food from participating businesses.
- Customers pick up their surplus food from the business at a designated time.
- Too Good To Go charges a commission on each transaction.
The commission that Too Good To Go charges varies depending on the type of business and the amount of surplus food that is sold. However, the commission is typically between 10% and 20%. For example, if a business sells $100 worth of surplus food through Too Good To Go, the app may charge a commission of $10 to $20.
Too Good To Go also charges a service fee to customers. The service fee is typically between $1 and $3. For example, if a customer purchases a $10 bag of surplus food through Too Good To Go, they may be charged a service fee of $1 to $3.
The following table summarizes the fees that Too Good To Go charges:
| Fee | Amount |
|---|---|
| Commission | 10-20% of the sale price |
| Service fee | $1-$3 |
Well, that’s a wrap on how Too Good To Go makes money! I hope you’ve enjoyed this little deep dive into the finances of one of our favorite food waste-fighting apps. If you’ve got any other pressing questions about the company, be sure to check out their website or give them a shout on social media. And don’t forget to keep an eye out for any upcoming updates or changes to their business model. Thanks for reading, and see you next time!