Waka Flaka Flame's new venture, "Yum 2 GoTM", seems well-positioned to address
some critical issues in the food delivery industry. Here's a breakdown of the
potential impacts and benefits he aims to achieve:
1. Reducing Costs for Restaurants
Food delivery apps currently charge restaurants a significant percentage of each
order, often around 25% or more. This eats into the restaurant's profit margins and
can be unsustainable for many businesses, especially smaller ones. By launching
"Yum 2 GoTM", Waka Flaka Flame plans to lower these costs, allowing restaurants
to retain more of their revenue.
2. Fair Pricing for Consumers
Consumers often pay a premium for the convenience of food delivery; with prices
averaging around 25% higher than dining in. "Yum 2 GoTM" intends to offer fairer
pricing, potentially lowering costs for consumers compared to existing delivery
platforms. This competitive pricing could attract more customers while still
offering the convenience they desire.
3. Driver competitive Fee
Driver compensation has been a contentious issue in the gig economy. "Yum 2
GoTM" pledges to offer competitive fees, potentially improving driver satisfaction
and retention.
4. Community Contribution
Recognizing the importance of restaurants beyond just food service, we will be
launching "Yum 2 GoTM" as a national brand starting in August 2024 in Las Vegas,
Nevada, followed by expansions to Orlando and Miami, Florida in September
2024.
"Yum 2 GoTM" presents an ambitious initiative to reshape food delivery services
with a focus on fairness, affordability, and community support.
"Written by Angelica cole"
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