When it comes to starting a business, people say ‘No’ in the wake of deadly coronavirus. Indeed, the world is going through a health and economic crisis. In such circumstances, starting any business is a tough row to hoe.
On the contrary, there’s a saying, “adversity opens up opportunities,” and there are a few sectors that are proving the saying right this time. You might have guessed it, but let us reveal this if you don’t —we are discussing the delivery business. The sector is helping millions of people not just start their own business but also help others who are struggling to earn their livelihood.
So, if you are the one who is looking to start a delivery business or exploring the right business ideas, then this article is for you. We have rounded up the top profitable delivery business ideas that can help not fulfill your dream but help hundreds or even thousands of others to earn their daily wages. However, let us help with the delivery market glimpse to understand the potential of this business.
Delivery Business Market at Glance
Statista reports that the same-day delivery business market in the U.S is set to become an $8.6 billion market in 2021, and is projected to reach $15.6 billion in 2024.
The stats are about the delivery market in general. However, if we talk about the food delivery business revenue worldwide (which is the largest segment of the delivery business industry), $306,808 million U.S. dollars in 2021.
If you are concerned about the future of the delivery business market, then this report is for you. The revenue growth is projected to maintain (CAGR 2021-2025) of 10.01%, and the revenue in 2024 is expected to reach 449,292 million dollars. There are plenty of stats you can find online that go in favor of the business. However, the success of a business lies behind sheer hard work and consistency.
Most Profitable Delivery Business Ideas
So, the stats given in the above paragraphs must have given a precise glimpse of the delivery business, and you must be confident enough to step up further. Now, you must be looking to understand the top delivery business ideas that will be beneficial and keep you profitable for years to come. So, here we are with the top selected delivery business ideas to explore and select the one you are most interested in.
1. Food Delivery Business
Food delivery is the largest segment of the delivery business. The same-day delivery market in the United States accounted for 5.87 billion U.S. dollars in 2019, while it is expected to grow 15.6 billion U.S. dollars in 2024. No doubt, you may have to face stiff competition. The success will depend on the location you choose to start. Besides, you all need to consider if you want to;
- Build your own delivery app
- Or want to build an aggregator model
Both have their own benefits; you can choose to take advice from an expert before taking a final call.
2. Grocery Delivery Business
Grocery delivery is not a new term, but the ongoing health crisis has added fuel to the fire. Many grocery delivery companies that were considering switching to business or putting the app for sale are now billions of dollars company. Some of the top examples are GrubHub, DoorDash, UberEats, etc. No doubt, they are the big brands, but what if you start small and consider expanding it gradually. Instacart did the same. It was operational in a few cities when it started; today, the company operates in almost all cities in the USA.
People are health conscious now and like to stay home more than ever. They step out of their homes only if it is necessary. They order online for the common goods and daily essentials, such as groceries, eggs, wine, etc. What if you start grocery delivery? There are various ways to start this business. For example, you connect with grocery owners in particular locations and deliver on their behalf or provide on-demand grocery delivery service to the households in your region. Or, you can also choose to shop for groceries on behalf of busy households.
3. Medicine Delivery Business
The medicine delivery business comes under essential service, and it can be pretty beneficial. The easy way to start this business is to build an app and connect with people looking for getting medicines delivered to their doorstep. No doubt, you may have spent money on building an application and marketing your app. If you want to explore a cost-effective solution, you can connect with medical stores and deliver medical supplies directly from the company to the stores. You may need an experienced team to fulfill the demand. You can consider expanding your business as you grow.
4. Homemade Food Delivery Business
Homemade food delivery might be new to your cities, but it can be a profitable business to start. People in cities, mostly office goers, look for homemade food to maintain their health. Those living as paying guests and living a bachelor life need healthy diets. Owing to the health crisis (COVID-19), eating healthy and home-cooked food is in high demand in metro cities. It can create opportunities for you, though you need to initiate an awareness program. Homemade food delivery may be at a nascent stage, and people may not be aware of this. You can connect with corporate offices and explain about your services. Initially, you may have to use an intense marketing approach to connect with people. However, make sure that you start this business in the region having a large number of offices.
5. Meal Prep Delivery Business
The meal prep delivery business is not a new term. If you have a passion for food, this business can be the most profitable one. You have three types of customers to target through this delivery business. For example;
- People looking to lose weight and gain muscle mass
- People looking to keep themselves healthy but don’t have enough time to cook healthy food
- Even people don’t have time to cook and even don’t want to eat junk food or restaurant food
These are the people who can be potential buyers. All you need to get some ideas is how to start a meal prep delivery business and get involved. In the meal prep business, three types of food products can be delivered, they include;
- Uncooked food with prepared meal ingredients
- Pre-made but fresh meal
- Meal prep workshop
Explore more about these delivery businesses and take expert help to cut upfront costs. It can be started with or without an app, depending on your network.
6. Flowers and Gift Basket Delivery Business
Even as coronavirus is under control in most countries, people avoid going out unnecessarily. Attending parties and celebrations are restricted or allowed with a limited number of guests. It may be another reason for people not to attend parties or celebrations, but they like to send gifts and flowers on happy occasions. You can be their medium. Just start a gift and flower delivery service. Let people know about your service. And, you are all set to start this business.
7. Fruits Delivery Business
Fruit delivery is one of the most profitable delivery businesses to start anytime. Everyone likes to eat fruits because of their huge importance to the body, but everyone may not be able to get them directly from farms or markets. They like to eat fresh fruits, and that might not be possible in their regions. You can fulfill their desires by bringing fresh fruits directly from farmers and stocks.
Apart from this, people are adopting a vegan diet, and they like to order fruits online instead of going to shop or store physically. It can be an opportunity for you to start this business. It’s a big market, and you can get enough space to establish yourself in these segments. A little research may be needed to begin this business.
8. Laundry Service
Earlier, people used to visit laundry outlets for laundry services, but now they like to get these services delivered home. For example, a delivery boy will collect the clothes from nearby households, and once these are dry cleaned, the delivery boy will deliver the clothes to the respective homeowners. That’s an easy and convenient way to start this business. You can build an app to get online orders, or you can start it without an app. It requires a little investment and a little network. For example, you may need to let people know about your services.
The on-demand delivery business is a trend nowadays. However, it’s not as easy as we assume. Before you start any business, make sure you have done enough research and understand the business. You can start by doing a job in the relevant sector so that it can be easy for you to understand the process and other significant information about the business.