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Episode 27, Part 2 - Inside Deliveroo’s Go-To-Market Engine
10th April 2026 • The Growth Workshop Podcast • Southwestern Family of Podcasts - Southwestern Family of Companies
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In Part 2 of this episode, Matt Ring takes us inside Deliveroo’s nine‑country operation and its multi‑billion‑pound marketplace. He unpacks how seemingly small product changes, like Rider Check‑in, drive customer experience, loyalty, and margin in a tight unit economics model. Matt then digs into building a global GTM calendar around local commercial priorities, how to hold a core narrative while flexing 30% for regional nuance, and where AI is genuinely helping with content consistency and coaching.

Transcripts

Matt Best:

Hello and welcome to the Growth Workshop Podcast.

Matt Best:

In this podcast, we'll be sharing insights and hearing from other industry leaders

Matt Best:

to get their thoughts and perspectives on what growth looks like in modern business.

Matt Best:

You are listening to part two of our conversation.

Jonny Adams:

Before we go into more questions, I think you going,

Jonny Adams:

I just, for the audience, I just wanna give a concept and then get a

Jonny Adams:

bit deeper on Deliveroo if we can.

Jonny Adams:

Cause if we use that as an anchor for some of these conversations, and it's important

Jonny Adams:

to think about you, Matt, as an individual that how are you going to apply these

Jonny Adams:

tools and frameworks that you've learned in the organizations moving forward?

Jonny Adams:

But just, give a concept of Deliveroo, how many countries are you in?

Matt Ring:

So Deliveroo is currently in nine countries.

Jonny Adams:

Okay.

Jonny Adams:

And when you think about that, like what, is the, concept,

Jonny Adams:

how big, how much revenue...

Matt Ring:

Yeah, absolutely.

Matt Ring:

So Deliveroo, currently generates over 2 billion in terms of total transactions.

Matt Ring:

And so what that means is the collection of the, menu item cost, and then

Matt Ring:

the fees that our platform charges.

Matt Ring:

So as a customer, you might pay 15 pounds for your pizza, and

Matt Ring:

then you might pay some fees for us to deliver it to you as well.

Jonny Adams:

And riders, have I got the right term?

Matt Ring:

Correct, riders.

Jonny Adams:

How did you say?

Jonny Adams:

How many?

Jonny Adams:

Sorry?

Matt Ring:

I didn't say how many.

Matt Ring:

That's a good question.

Jonny Adams:

Okay.

Jonny Adams:

Sorry.

Jonny Adams:

That's an unfair question.

Matt Ring:

Thousands, tens of thousands.

Jonny Adams:

Yeah.

Jonny Adams:

Good answer.

Jonny Adams:

Good answer.

Jonny Adams:

I don't think it was the scale, right?

Dannii Mathers:

I thought you were gonna start asking, can

Dannii Mathers:

you name them individually?

Matt Ring:

And, just for context, Deliveroo was recently

Matt Ring:

acquired by DoorDash, which is a large American delivery firm.

Matt Ring:

And they also own another delivery firm called Wolt, who operate in,

Matt Ring:

Europe, and further east as well.

Jonny Adams:

And I suppose when you think about that's, big scale, isn't it,

Jonny Adams:

to do some go to market transformation.

Jonny Adams:

So what if we de described what go to market transformation looks and

Jonny Adams:

looks like at delivery, like Yeah.

Jonny Adams:

How, does it function day in, day out?

Jonny Adams:

Yeah.

Matt Ring:

Okay.

Matt Ring:

So what we do is we take, we've already talked about the t-shirt

Matt Ring:

sizing and for, as a reminder, that's about the size of the change and

Matt Ring:

the number of people that are, are required to be told about the change.

Matt Ring:

But what we do first is we basically have a big input funnel.

Matt Ring:

So we have a request form effectively, which allows all, subject matter experts

Matt Ring:

across the business, whether they're on the rider's side, the consumer side,

Matt Ring:

the product of marketing side, to tell us what are they gonna launch when.

Matt Ring:

We look at the six month horizon and we look at the sort of

Matt Ring:

the next three month horizon.

Matt Ring:

So we take all of that in and we overlay our t-shirt sizing framework to that.

Matt Ring:

and then what that gives us is a, big list.

Matt Ring:

A lot of things that, are likely to change and what are gonna come.

Jonny Adams:

And just give us an example.

Jonny Adams:

I know you've going to cover...

Matt Ring:

So for example, we've got, it's a product called Rider Check-in.

Matt Ring:

Okay.

Matt Ring:

So this is, when a rider goes into a restaurant and they have to physically

Matt Ring:

say, I am here at the restaurant and what that does is it gives us a really

Matt Ring:

strong signal that they have arrived.

Matt Ring:

When they said they were gonna arrive, when we thought they were

Matt Ring:

gonna arrive, and when we told the restaurant that they were gonna arrive.

Matt Ring:

And so we use that data to basically make sure that we're optimizing the journey

Matt Ring:

time from the restaurant to the customer.

Jonny Adams:

Stupid question time.

Jonny Adams:

Why?

Jonny Adams:

Why do that?

Jonny Adams:

Because I, get it, but what's the so what?

Matt Ring:

So the so what is when you are at home and you order your pizza.

Matt Ring:

And we tell you it's gonna come in 20 minutes.

Matt Ring:

It comes in 20 minutes.

Jonny Adams:

So customer loyalty?

Matt Ring:

It is customer experience, which drives, repeat

Matt Ring:

purchase, which drives retention.

Jonny Adams:

Yeah.

Jonny Adams:

And how does revenue generated in Deliveroo?

Matt Ring:

So revenue is generated through the commission that we take off each

Matt Ring:

order, and some, transaction fees that we, collect from the customers as well.

Matt Ring:

We obviously have to pay the riders as well.

Matt Ring:

So it's it's a very, tightly optimized business model.

Jonny Adams:

Yeah.

Jonny Adams:

You imagine margins are tight, right?

Jonny Adams:

So every marginal gain.

Jonny Adams:

Yeah.

Jonny Adams:

Do you have any, actually, I'm curious about this because I,

Jonny Adams:

believe in the slight edge, the marginal gain theory, when you're

Jonny Adams:

in such tight margin environments.

Jonny Adams:

Yeah.

Jonny Adams:

did you ever deploy any of that sort of marginal gain philosophy?

Matt Ring:

Absolutely.

Matt Ring:

One of Deliveroo's values, is and remains, we obsess about operational excellence.

Matt Ring:

That is really the core of why that is value.

Matt Ring:

Yeah.

Matt Ring:

So it's all about finding those marginal gains.

Matt Ring:

In the example I used previously, what sounds quite innocuous, a rider telling

Matt Ring:

us that they're at the restaurant is actually incredibly powerful because we

Matt Ring:

can then marginally optimize the, time when we tell the rider to get there

Matt Ring:

or wait to get there or decide which rider to send there and when we tell

Matt Ring:

the restaurant to prepare the food.

Matt Ring:

And that changes depending on peak hours.

Matt Ring:

Rider numbers, all of that kind of stuff.

Matt Ring:

Customer demand.

Jonny Adams:

And I suppose if there was a, if there's like a 30 second

Jonny Adams:

lag of when they've told it's gonna come and it doesn't come 30 seconds

Jonny Adams:

depending on the lag of the time, then that's where customer retention,

Matt Ring:

Yeah

Jonny Adams:

and churn...

Matt Ring:

Absolutely and that's where you get really annoyed because

Matt Ring:

your pizza is 15 minutes late and

Jonny Adams:

it's cold

Matt Ring:

Potentially.

Jonny Adams:

Sorry, I'm going down a right rabbit...

Dannii Mathers:

I'm thinking you're gonna be ordering yourself a pizza in a minute.

Jonny Adams:

I'm gonna go become a rider.

Dannii Mathers:

When you were just talking about like operational efficiency.

Dannii Mathers:

I'm intrigued to hear what did you, what was that one, whether it was an initiative

Dannii Mathers:

or, a deployment of a go to market motion.

Dannii Mathers:

What was, what one really excited you the most?

Dannii Mathers:

So whether it's because, it achieved a significant outcome, but what sort of

Dannii Mathers:

initiatives while you are there, while you were there, did you think, yes.

Dannii Mathers:

I feel, I want to put my hat on this one.

Dannii Mathers:

This was a good one.

Matt Ring:

Yeah.

Matt Ring:

I think, I'm gonna, I'm gonna continue to talk about the example that I have, we've

Matt Ring:

talked about, which is the Rider Check-in.

Matt Ring:

And, this was a, massive global priority, for the business and, it's really

Matt Ring:

difficult to organize and, prepare frontline teams in multiple markets to

Matt Ring:

be ready for something which is, seems relatively innocuous, but actually

Matt Ring:

requires a large amount of change from all three sides of the marketplace.

Matt Ring:

So the frontline team, the restaurant, and the riders as well.

Matt Ring:

And so this was done, six to nine months ago but the good thing about it was

Matt Ring:

that it was, it was a demonstration of all of the constituent parts of

Matt Ring:

our model working exceptionally well.

Matt Ring:

Really good planning upfront, alignment on goals, which

Matt Ring:

laddered up to the company goals.

Matt Ring:

Preparation for different segments within the business as well.

Matt Ring:

So that's something that I think in the early days we forgot about,

Matt Ring:

because we just couldn't scale it.

Matt Ring:

But with a massive change like that, we've now got to a point where when we

Matt Ring:

need to, we're getting under the skin of, okay, if I am, someone who thinks

Matt Ring:

about how's a portfolio of 400 clients.

Matt Ring:

What's my interaction versus someone who looks after one large enterprise client?

Matt Ring:

And that's very common in all businesses, right?

Matt Ring:

But being able to prepare those teams and those partners effectively,

Matt Ring:

and do that at scale across nine markets was, I'm very, proud of that.

Matt Ring:

And the adoption of that product has continued to grow, exceptionally

Matt Ring:

well because of the way that we prepared and delivered that change.

Dannii Mathers:

I love that.

Dannii Mathers:

Even just the whole alignment piece.

Dannii Mathers:

It sounds so simple, but you get the alignment wrong.

Matt Ring:

Yeah.

Dannii Mathers:

And just to, tap on the back of that, where you, let's just

Dannii Mathers:

focus on this, you said nine markets?

Dannii Mathers:

Yeah.

Dannii Mathers:

This global, global team that sounds like it's.

Dannii Mathers:

Pretty robust in terms of operations.

Dannii Mathers:

When you look at the global consistency, okay, we've got this go to market motion.

Dannii Mathers:

This is what it looks like globally.

Matt Ring:

Yeah.

Dannii Mathers:

When do you decide that you need to change

Dannii Mathers:

it for regional nuances?

Matt Ring:

Yeah and that's, I think that's, my experience of

Matt Ring:

being, in the frontline role.

Matt Ring:

I felt this acutely, right?

Matt Ring:

And I think we've all felt that you're looking after an account

Matt Ring:

or a set of accounts and you get something from Central and it's

Matt Ring:

just doesn't, it's not gonna land.

Matt Ring:

it's not gonna land.

Matt Ring:

So you go and change it and you, before you know it, everyone's

Matt Ring:

created their own thing.

Matt Ring:

So it's really hard problem to solve.

Matt Ring:

The way that we think about that is what's the core narrative,

Matt Ring:

that everyone needs to understand.

Matt Ring:

Start with that before everything else.

Matt Ring:

Work really closely with the product manager or product SME or whoever's

Matt Ring:

owning the, thing that we're changing and make sure that we're really, clear

Matt Ring:

upfront about what the narrative is.

Matt Ring:

And I think you can use this in any, situation actually.

Matt Ring:

If you've got a team and you're trying to help 'em to refine their pitch,

Matt Ring:

everybody should say the same core 30 second, three minute, 30 minute pitch.

Matt Ring:

That's how I was taught, if you like.

Matt Ring:

And that's something that I always, stick with.

Matt Ring:

So we, start with the narrative.

Matt Ring:

And then through a combination of, structured interactions with the

Matt Ring:

different markets, champion sessions, feedback, we get under the skin of

Matt Ring:

what's happening in those markets.

Matt Ring:

How is this gonna land?

Matt Ring:

Is it, how relevant is it?

Matt Ring:

Do you have anything else that's going on that's gonna influence it?

Matt Ring:

and typically I think like most things, 70% of it is the same and 30% requires

Matt Ring:

a bit of change, A bit of, nuance.

Matt Ring:

And that's typically how we've approached things, and again, it's

Matt Ring:

been a lot of trial and error.

Jonny Adams:

Yeah.

Jonny Adams:

I love that core narrative piece.

Jonny Adams:

It's, missed in so many places, but just describe like what that is.

Jonny Adams:

I think, I know.

Jonny Adams:

I'd love you just to paint a bit more color in that.

Matt Ring:

Yeah, sure.

Matt Ring:

So in simple terms, that's really saying, what is it that we are talking about here?

Matt Ring:

What's the, what, is the thing?

Matt Ring:

What's in it for the end user?

Matt Ring:

And why should they care?

Jonny Adams:

It's pure change management.

Jonny Adams:

It really is.

Jonny Adams:

It's this is the North Star in any environment.

Jonny Adams:

Yeah.

Jonny Adams:

So we, need to change this because, and this is the WIIFM, what's in it

Jonny Adams:

for you and how many organizations forget that when they're doing

Jonny Adams:

change in go to market motions?

Jonny Adams:

Just too many.

Jonny Adams:

I think.

Dannii Mathers:

I think when you look at the, so the other, when

Dannii Mathers:

I said about regional nuances, I think the part that you forget is

Dannii Mathers:

that people in different areas.

Dannii Mathers:

So if you wanna get that adoption, you have to make it feel like

Dannii Mathers:

it's being done for them.

Dannii Mathers:

And I know a lot of organizations, we used very typical frameworks.

Dannii Mathers:

Again, you say like the 70, 30, 70 is gonna stay the same 30 we're gonna change.

Dannii Mathers:

Yeah.

Dannii Mathers:

And I think that 30 makes a really big difference in terms of

Dannii Mathers:

how it lands, as you mentioned.

Dannii Mathers:

And then the success in region.

Matt Ring:

Yeah, absolutely.

Dannii Mathers:

You feel it's tailored.

Matt Ring:

Absolutely.

Matt Ring:

Absolutely.

Matt Ring:

The other thing that we've found that works is if we go back

Matt Ring:

to our kind of, our framework.

Matt Ring:

So once we've gathered all of the inputs about what the change, what changes

Matt Ring:

is, planned, we basically build a calendar of what's coming up and what

Matt Ring:

we found works really well is if we insert that calendar around distinct

Matt Ring:

commercial, local, commercial priorities because those can't change, right?

Matt Ring:

If your local head of sales needs to deliver something over the

Matt Ring:

next two months, that is going to happen and it's really important.

Matt Ring:

The same with your local marketing.

Matt Ring:

Those things can't be changed.

Matt Ring:

So we fit the other kind of global pieces around that.

Matt Ring:

And again, that drives really good buy-in from local market leadership

Matt Ring:

and teams because it, doesn't clash.

Matt Ring:

It sits together.

Matt Ring:

So that's really helped us, but we, found that out later on, I think.

Dannii Mathers:

And I wouldn't be the queen of AI if I didn't

Dannii Mathers:

ask this question, would I?

Dannii Mathers:

How are you utilizing AI within Deliveroo currently?

Dannii Mathers:

Good, the bad and the ugly please.

Matt Ring:

So, we use AI in a number of different ways.

Matt Ring:

In my area or my previous area where, we were creating a lot of

Matt Ring:

content, we had a number of tools to effectively ensure that our narrative

Matt Ring:

and the way that we were building our collateral was uniform, and consistent.

Matt Ring:

So AI made that really, simple.

Matt Ring:

A series of prompts, some frameworks that we have that we've developed.

Matt Ring:

Those go into it and make sure that every piece of content we're

Matt Ring:

creating looks and feels the same.

Matt Ring:

We also, have started to use, use AI in terms of coaching.

Matt Ring:

So following off the back of, in-person training courses, using tools to help

Matt Ring:

people, practice their skills, basically.

Dannii Mathers:

Is that AI coaching?

Matt Ring:

Yes.

Matt Ring:

Yeah.

Matt Ring:

Yeah.

Dannii Mathers:

And how's that been adopted with?

Matt Ring:

It's been, it is been okay I think the, as I, if I go back to my,

Matt Ring:

time as a, an individual account person, I think the reality is that lots of

Matt Ring:

people are using lots of tools themselves to adapt to what's given to them.

Matt Ring:

And that's a really hard problem to solve.

Matt Ring:

And I think there's good 'cause it's creativity, but also it does mean in

Matt Ring:

central roles where you're trying to create consistent narrative that's hard.

Matt Ring:

Yeah.

Matt Ring:

And it's difficult for us to, I hate to use the word control, but

Matt Ring:

effectively it's difficult to have oversight of what's happening.

Matt Ring:

So we try and use it in those scenarios where there's training.

Matt Ring:

I think it's had mixed responses.

Matt Ring:

Some people really like the fact that they have to, for example,

Matt Ring:

upload a video and get it rated.

Matt Ring:

Other people really, don't like that.

Matt Ring:

And we have found that if we don't tell people up front that's happening, we get

Matt Ring:

a huge drop off from the training because all of a sudden it feels very scary.

Matt Ring:

Whilst AI might be cool, the thing that they're being asked to do is record

Matt Ring:

themselves, and they don't like that.

Dannii Mathers:

Yeah.

Matt Ring:

So that's again, about good communication upfront, which

Matt Ring:

we have, we missed a few times.

Dannii Mathers:

And that's a really good, lesson learned as well.

Dannii Mathers:

Isn't it?

Dannii Mathers:

Just hearing things that, this, again, going back to the simple

Dannii Mathers:

thing, that communication as part, as a part of any rollout.

Dannii Mathers:

Yeah.

Dannii Mathers:

Something so simple can cause really big pushback.

Matt Ring:

Yeah, absolutely.

Matt Best:

That's the end of part two.

Matt Best:

Join us again for part three.

Matt Best:

For more insights, make sure you subscribe, and if you enjoy the journey,

Matt Best:

don't forget to leave us a review.

Matt Best:

Your feedback fuels our growth.

Matt Best:

Until next time, keep up that forward thinking mindset.

Matt Best:

Goodbye.

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