Why FELFEL's Business Model is so successful?
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FELFEL’s Company Overview
FELFEL is a leading Swiss company that revolutionizes the way people eat at work with its innovative 'smart fridge' concept. The organization is committed to providing fresh, healthy, and delicious food directly to workplaces, aiming to promote a healthier lifestyle and improve employee satisfaction. FELFEL's primary mission is to transform office lunch breaks into an enjoyable experience, offering a wide range of meals, snacks, and drinks prepared by top local chefs. The company's unique business model is based on advanced technology, sustainable practices, and partnerships with local producers.
FELFEL's business model is centered around the placement of its smart fridges in companies' offices. The fridge is filled daily with fresh food, and employees can access the fridge using a member card, choose their meal, and subsequently pay for it. This model eliminates the need for a traditional canteen, saving companies space and operational costs. FELFEL handles the entire process, from meal creation to delivery and payment, making it a hassle-free solution for companies.
The company's revenue model is primarily based on the sale of meals, snacks, and drinks. Each time an employee purchases a meal from the FELFEL fridge, the company earns revenue. The pricing is competitive, often cheaper than nearby restaurants or delivery services, making it an attractive option for employees. Additionally, FELFEL also generates income from partnerships with local food producers and suppliers. The company's commitment to quality and freshness ensures a constant demand for its offerings, securing a steady stream of revenue.
Headquater: Zurich, Switzerland, EU
Foundations date: 2013
Company Type: Private
Sector: Consumer Goods
Category: Food & Beverages
Digital Maturity: Digirati
FELFEL’s Related Competitors
Weilong Foods Business Model
Blue apron Business Model
Yummly Business Model
FELFEL’s Business Model Canvas
- Food Scouts
- Chefs
- Suppliers
- Partners
- Manufacturers
- Distributors
- Cleaning companies
- Catering companies
- ReStocker
- Stocker software company
- MoneyJump start program
- Seed investors
- Product development
- Product manufacturing and distribution
- Sellers acquisition
- Maintenance services
- Brand awareness
- Marketing
- Customer service
- Legal
- Network of owned capsule compatibilities
- Development team
- Partner network
- Chefs
- FELFEL brings better food and wellbeing at work
- FELFEL culture means responsibility
- Fairness and openness
- Mouthwatering meals and snacks
- Good food on a daily
- Live chat
- Contact form
- Phone
- Office employees
- Employers
- Kitchenettes
- Website
- App
- Call Center
- Social networks
- Physical stores
- News
- Blog
- Food and ingredients / Setup and maintenance
- Acquiring customers
- Platform management and maintenance
- Operations and logistics
- Customer support
- Developers and staff
- Felfel gets a small commission for every Felfel meal sold
- Felfel offers free vending machines to companies and pays for them with the profit from the food sales
- Weekly fruit subscription box
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Try it freeFELFEL’s Revenue Model
FELFEL makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:
- Supply chain
- Niche retail
- Direct selling
- Cross-selling
- Self-service
- Customer loyalty
- Corporate innovation
- Experience selling
- On-demand economy
- Sustainability-focused
- Digital
- Trialware
- Make more of It
FELFEL’s Case Study
FELFEL's CASE STUDY
As we delved into the case of FELFEL, a Swiss company revolutionizing workplace dining with its cutting-edge 'smart fridge' concept, we found a fascinating intersection of technology, sustainability, and consumer convenience. Founded in 2013 and based in Zurich, FELFEL has rapidly become a trailblazer in the Food & Beverages sector, distinctly setting itself apart from traditional vending machine companies. Our exploration reveals how FELFEL’s innovative business model and commitment to fresh, quality food have led to its meteoric rise and a sizable impact on workplace culture in Switzerland.The FELFEL Vision
From the outset, FELFEL’s mission has been to improve the quality of life at work by transforming the often-overlooked office lunch break. With an emphasis on providing fresh, healthy, and delicious meals prepared by local chefs, FELFEL aspires not just to feed, but to delight and nourish employees. The very essence of FELFEL’s business—embodied in their smart fridges—resonates with its deeper values of sustainability, wellness, and local community support.How the Smart Fridge Works
The cornerstone of FELFEL's offering is its intelligent fridge. Launched in offices, this smart appliance is replenished daily with a variety of freshly-made meals, snacks, and drinks. Employees can simply swipe a member card, select their meal, and be automatically charged. This user-friendly, entirely self-service model negates the need for traditional canteens, thereby saving companies significant space and operational costs. But what makes the FELFEL fridge more than just a modern vending machine? First, there is the integration of advanced technology. The fridge itself is equipped with sensors and IoT capabilities that monitor stock levels in real-time, ensuring freshness and availability. The encapsulated system not only maintains the optimal temperature for food preservation but also tracks shelf life, reducing food waste. Next, the myriad choices. FELFEL prides itself on offering an extensive selection of meals, tailored to diverse dietary needs and preferences—from vegan salads to high-protein dishes. This variety ensures that employees always have nutritious, exciting options to choose from, addressing common complaints of limited and unhealthy worksite food options (see Harvard Business Review, 'Companies Need Nutritional Solutions,' 2022).Business Model and Revenue Streams
FELFEL’s business model cleverly intertwines convenience, quality, and sustainability. Their primary revenue stream comes from the sales of meals, snacks, and drinks through the smart fridges. Each transaction is seamless, with prices often more competitive than those found in nearby restaurants or delivery services. This price competitiveness stands to make FELFEL an attractive choice, corroborated by the 2023 Food Industry Outlook, which indicates a significant shift towards workplace-based food services. Another key revenue stream involves partnerships with local producers. By collaborating with local food suppliers and top chefs, FELFEL supports the local economy and ensures that the meals are crafted with the finest, freshest ingredients. The emphasis on quality and local sourcing has attracted partnerships, further bolstering revenue and reinforcing brand loyalty. Moreover, FELFEL offers a weekly fruit subscription box, a model designed to provide fresh fruits continuously to offices, adding another dimension to its service offerings.Impact and Insights
The impact of FELFEL extends beyond mere convenience. A 2022 survey by Eurostat indicated that 79 percent of employees see accessible healthy food options as a critical factor in overall job satisfaction. By transforming office meals, FELFEL significantly enhances employees' daily experience—contributing to not just physical wellness but also emotional and social well-being (refer to "Employee Wellness and Longevity,” Harvard Business Review, 2023). In terms of sustainability, FELFEL’s approach also stands out. Their fridges are stock-managed to minimize waste, and the company commonly recycles packaging materials, embodying eco-friendly practices. According to the latest data from the Federation of European Food Banks, smart management of food resources and waste reduction are pivotal in creating a sustainable food economy, a sentiment FELFEL echoes through its operations.Customer and Partner Ecosystem
FELFEL’s success is inherently tied to its strong network of partners and customers. Its rich ecosystem is made up of food scouts, chefs, suppliers, and software companies geared at creating a seamless, delightful food experience. FELFEL’s partner network ensures a constant inflow of high-quality ingredients and innovative recipes, which are fundamental to its brand promise. On the customer side, FELFEL caters primarily to office employees and their employers. Such a focus allows for targeted marketing and a keen understanding of the workplace dining needs. By providing not just a service but an experience, FELFEL garners strong customer loyalty.The Future of Workplace Dining
As we look to the future, FELFEL's digital maturity heralds continued growth and innovation. Their model embodies several business patterns—from supply chain management to direct selling and corporate innovation. Moreover, their sustainability-focused and on-demand economy aspects appeal to modern, conscious consumers. In conclusion, FELFEL’s case study illustrates more than just a successful business; it highlights how technology and a commitment to quality can harmoniously transform an entire industry. FELFEL shows us that when you merge convenience, local expertise, and sustainability, you don’t just meet a market need—you redefine it. As we continue to monitor their progress, FELFEL’s journey will undoubtedly serve as an inspiration for future food service enterprises.If you enjoyed this content, you’re in for a treat! Dive into our extensive repository of business model examples, where we’ve dissected and analyzed thousands of business strategies from top tech companies and innovative startups. Don’t miss out!