In today’s era of online market, millions of orders are delivered every day across the country. Seeing this, you must have also wondered how much profit these courier and logistics companies make. With the right business model, it has become a very lucrative and profitable business. The good thing is that you do not need a huge investment to start it.
Logistics business
According to Atul, the founder of a famous startup company in Ranchi, the biggest feature of the logistics business is that there is no manufacturing cost in it. This is what makes it very attractive. You can start your work with an investment of just ₹ 2 lakh to ₹ 5 lakh. If you want to open your own courier company, the franchise model makes it even easier.
One such option is Just Delivery Corporation, whose logistics division is Just Delivery. To start this business, you will need about 200 to 250 square feet of space. The total investment is estimated to be between ₹2 lakh and ₹5 lakh, including a franchise fee of around ₹1 lakh.
Earnings
The company charges a royalty or commission of 10% based on your operational costs. To run and track the business, you will need one or two computers or laptops on which the company’s software will run. This software helps in managing your logistics operations.
Company support
Training: The company provides complete training on using the software and running the business.
Initial help: As part of the onboarding process, the company sends the first 20 parcels for you and teaches you how to log them into the system.
Payment: On the 20th of every month, the company transfers the remaining amount to your account after deducting its share.
How much will you earn?
Your earnings will depend on the number of deliveries you make. Currently, the company charges ₹6 per packet for parcels ranging from 10 grams to 1 kg. For e-commerce parcels, the rate is ₹30 per kg. Naturally, the higher the weight and size of the parcel, the higher the courier charge, and your profit will also increase. With consistent work and demand, this model can earn you ₹40,000 to ₹50,000 per month. This is a great opportunity for those who want to enter the logistics sector without the hassle of manufacturing.