We are changing the world with technology. – Bill Gates
As Bill Gates has stated, technology has indeed changed the world and how we approach it. Technology has brought us closer together as a global society and further into the future as humanity evolves in an unprecedented manner – adapting to the changing world around us. As we realize more and more that time is very limited, things that were considered a trend yesterday is already fading away and people are constantly searching for ways to do everything faster and more effectively. People are looking for value in everything they do, even in simple tasks like ordering food. Being able to order from my favorite restaurant on my couch with just a click as always been my dream which many food ordering & delivery applications has made it come true – one, in particular, is Wolt.
“We all need to eat 3–5 times per day. Just in the U.S. alone, there is a $70 billion market in the takeaway and delivery food industry. Out of that, only $9 billion is online. We decided we can make people’s lives better by enabling them to get food every single day with less hassle and waiting,” Juhani Mykkänen, the co-founder of Wolt, told Geektime.
Founded in October 2015, in Finland, Wolt grew from having a small team to now expanding across the country and growing to its neighboring countries. Wolt has many competitors who are also doing food delivery and takeaway orders such as Delivery Hero, Just Eat, Take Eat Easy, Deliveroo, Grubhub, Seamless, Foodora, etc. But, each of them has their own approach in the market. So how is Wolt surviving in the market and growing rapidly?
There are many factors that play an important role for Wolt’s rapid growth; however, Wolt’s activity in social media will be discussed in this article. Underhood.co gave Wolt 5.6/10 reputation overview which is better than its other competitors. For its dialogue score (which measures the quality of interaction) Wolt received a good rating of 5.7/10. Wolt has a fantastic relationship with its audience in social media and replies well to their fans. On Facebook, Wolt has an average of 0.4 posts per day and the comments per post are 52.2 in average, which is considered excellent. Although tweets are not as active on Twitter compared to Facebook, Twitter activities are still upholding their own with 3 average shares per day. Moving onto visibility score, Wolt received the pretty good score (5.3/10) which tells how well the company has created a buzz on social media.
Wolt is an online application which means all its customers are online based. Therefore, being active on social media to reach out more customers online is essential for the company to grow.
Many companies would make marketing errors and fail to reach the customers; however, Wolt has seemed to make all the right turns and is proving to be doing very well in their endeavors.