A good option for the market startup of parcel delivery

Unlike the traditional private courier or parcel business, the package delivery segment is witnessing a steady boom. The main reason for this is the increasing impact of the e-commerce sector. The parcel delivery business of the logistics segment is also making a special place in the book of Startup Idea.
Although the youngsters are not much aware of this segment ahead of the glare of e-commerce, the parcel delivery industry growing at 17 percent per annum is a good option for young entrepreneurs doing research on startup ideas. The market for parcel delivery business in India will be 45000 crores in the coming 3 years. According to a survey, the growth of the parcel delivery business will be more than 28% by the year 2030.
Parcel delivery industry growing at 17% growth. This can be a good option.
This business can be started from 300000-500000. Initially, even if you have some benefit, after a long time, a very good benefit is possible.
The parcel delivery market in India will be 45000 crore rupees in the coming 3 years. Even after this, good growth is possible.

E-commerce companies delivery point
The parcel delivery business which is the trading idea is the delivery point for e-commerce companies. In fact, companies like Flipkart, Amazon, or Snapdeal are increasingly reaching Tier-2 and Tier-3 cities. In such a situation, the delivery of packages in a short time is the biggest challenge for such companies. Therefore, these companies work to develop local logistic points. Any young entrepreneur can join these companies and fulfill their startup dreams.

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Investment of 300000 to ₹ 500000 required
To be associated with any major e-commerce brand as a delivery partner, certain key conditions must be met. This includes training of delivery person, safety policy, and other conditions. Apart from this, the delivery of insurance is the most important role in the business. This includes transporting goods and other types of insurance in addition to the insurance of the vehicles used. The same you must use the vehicles according to the load capacity according to the company concerned.

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Work with this concept parcel delivery
The trending strategy for profit in business is profit sharing. Startups included in this segment provide profit-sharing rather than salary to the delivery person.instead of salary to the delivery person. The delivery person gets 50% of the money the delivery point receives for parcel delivery. This includes the cost of petrol for his vehicle. This would not require tracking the delivery person. Due to the profit-sharing concept, the delivery person will deliver more and more parcels in 1 day.

Start more than one service
Delivery points related to e-commerce companies operating in India can also work with more than one company. For this, first of all list the companies which have a large share in the e-commerce market. Currently there are about 10 companies, whose share in the Indian e-commerce market is more than 65 percent. So while selecting companies, do market-related research. Use the technology correctly so that you can deliver the parcel before the time given by the company.

Give proper training to the delivery person
To manage the delivery person properly, divide them according to the delivery destination. Your effort should be not to send the delivery person to different parts daily. This may take the time to reach and understand the new location. Keep in mind that before offering a job to any delivery person, give full information about it and work according to the rules fixed by the company. Also, train delivery persons for better results.

A good option for the market startup of parcel delivery