With the rise of eCommerce, delivery has become a top profitable business in the post covid world. People have become more reliable on eCommerce and other internet and app-based services for their basic needs provisioning.
From now on, on-demand delivery businesses are only expected to continue to grow. Thus, venturing into a delivery side hustle is a big win in 2021 and beyond.
Like any other business venture, a delivery business will require some venture capital to build a website, a mobile app, a delivery vehicle, and other equipment.
If you don’t have enough savings, these costs can easily be covered by obtaining a working capital loan at favorable terms from a top online lender like caminofinancial.com.
Why Delivery is a Profitable Venture in 2021
More and more people are joining the eCommerce channel, thanks to the internet and the ongoing digitization of modern life. For instance, over 2 billion people purchased goods or services online in 2020.
The coronavirus pandemic is pushing consumers to buy essential goods online and have them delivered to their doorsteps. Per Statista, Online grocery deliveries and in-store pickups reached $6.6 billion in April 2021, up from $1.2 billion in August 2019.
Top 5 Delivery Businesses to Pursue in 2021
In the post covid world, people have switched to food delivery apps like Uber Eats, Just Eat, Grubhub, DoorDash, and Deliveroo to order their favorite cuisines online and have them shipped home. This has made food delivery a top profitable business in 2021.
To get started, just sign up for one of the top food delivery apps that match delivery drivers to customer orders. Once an order comes in, make the trip and get paid.
Alternatively, build your website or mobile app where you receive customer orders and deliver food that you cook yourself to gatherings, offices, household parties, or other places where people may need catering services.
To keep meals hot and beverages cold during delivery, you’ll need a hot/cold box and a means of transport like a car, motorcycle, or bike. Luckily, you can get a working capital loan from an online lender in 1-3 days to get your startup off the ground.
Fruit and Grocery Delivery
The need for social distancing to curb the spread of covid-19 has forced people to avoid crowded places like grocery stores. Many have switched to online grocery shopping, resulting in an unprecedented need for grocery delivery in cities and towns.
Starting a grocery delivery business isn’t that hard. Just rent a store to stock inventories and build a website or mobile app to receive customers’ orders. Then, have a delivery vehicle and coolers to keep items fresh during delivery.
You can also tie-up with grocery stores like Instacart, where you’ll work as a delivery driver to ship orders to customers with your car.
Pickup and Delivery
The pickup and delivery business is another profitable vertical to venture into in 2021. Busy work schedules and the need to beat tight deadlines force many people to pay a fee to have their stuff picked from one place and delivered home.
From grocery and birthday cakes to laundry and picking kids from school, there’s a whole lot of pickup and delivery tasks that need handling by a reliable third-party agent. And you don’t need a big upfront investment to start a pickup and delivery business. As long as you have a car or a pickup truck, you can venture into the pickup and delivery business right away.
Since covid -19, the demand for medical supplies has surged, making pharmacy and medicine delivery a profitable business to pursue. To get into the game, you need a delivery vehicle and an app. Then, create connections with local pharmacies to list their products on your app or website. Once orders come in, drive to the stores, consolidate the orders, and deliver to your clients.
Have a pickup truck? Venturing into the furniture delivery business in your local town is a great idea. And the good thing is, it’s a less competitive vertical where you can reap decent profit margins.
First, you’ll need to partner with reliable furniture vendors in your area. Then, launch an online furniture platform or app where customers can browse and order furniture items. Once an order comes in, deliver the items and get paid the shipping fee.
To spice up your furniture delivery business, you may need to learn some furniture assembly skills to help your customers assemble their items once they reach home. You can even charge a small assembling fee.
How to Venture Into Delivery Business
If you don’t have enough money saved up, consider getting a working capital loan at favorable terms from an online lender.