All about Courier Business
Starting a courier company is a fairly easy and affordable business venture. The good thing about the courier business is that it is quite pandemic resistant. The boom in online shopping during the Covid era of course has an impact on the surge in demand for courier services which have not shown any signs of abating.
But there are important steps you should take before you set out.
You should first consider the competitiveness of the industry - according to statistics from Ibisworld you will be among the approximately 31,315 postal and courier companies currently operating in the UK employing nearly 300,000 people.
You should also be wary of the big players that dominate the courier and delivery market, as it is very difficult to compete with the likes of Royal Mail - which employs over 162,000 people and had a turnover of £10.4 billion in 2019 .
Instead of trying to immediately challenge incumbent players like DPD, UPS and Hermes, be realistic about your expectations, think smaller and take advantage of the dedicated courier services we cover in this guide.
So, if the courier business sounds like an opportunity to you, read on for information on costs, vehicles, and customers.
Post-Covid-19, the demand for courier services has increased as more and more people demand fast and direct home and office deliveries.
This means there is great potential to start a courier business as you can take full advantage of the key external drivers that are helping the industry grow.
That includes a huge spike in online spending sparked by the pandemic. The market for couriers and express delivery is also expected to continue to grow over the next few years, increasing by 54% between 2019 and 2023.
Starting a business in an industry as large and diverse as courier delivery can be challenging. You need to understand how different types of courier services work so that you can determine what service you want to offer your customers.
Or you just bought an old van, delivered garden dwarves to your neighbors and didn't work the first week - the choice is yours.
If you are going to take a courier company, big or small, you will aim to deliver the goods the next day. This service is very popular with consumers and is offered by most courier companies, including the big players.
It is ideal for short-term delivery requests and the first choice for a younger target group of online shoppers.
Many couriers have challenged the market and have succeeded by offering this service that answers consumers' requests to receive goods on the day they order.
Many businesses have benefited from offering this service, including delivery companies like Delivery, which offers 24/7 express delivery and aims to get items to customers' doorsteps in as little as 15 minutes.
This type of courier business is niche because it involves transporting important packages, confidential documents, or valuables. Goods are carefully monitored by couriers throughout the shipping process to ensure the highest level of care and safety.
Larger courier companies usually don't offer this service and usually require experienced couriers to do the job.
Examples of goods transported through this service are urgent and confidential documentation, critical spare parts (manufacturing or engineering), prototypes, and samples. All of these items must be continuously monitored.
Comments
Post a Comment