Same Day Delivery- 5 Reasons Why Speed Matter for Businesses?
On
demand delivery got uncovered. The pandemic forced sales to happen online
wherein the same day courier services started making impact on the purchasing decisions of the
consumers. It came as a high point for the businesses to find a way to meet the
delivery expectations of the buyers.
Key Takeaways
- U.S. eCommerce sales will cross $1 trillion for the first time in 2022.
- 62% of shoppers say delivery speeds influence their purchasing decisions.
- 88 percent of consumers are willing to pay for same-day or faster delivery.
- 33% of consumers have higher expectations for fast shipping
- 88% of consumers say sustainability is an important factor in their purchasing decision
- Same-day Delivery market size was USD 7546.6 million and it is expected to reach USD 132380 million by the end of 2026, with a CAGR of 50.0% (Source Marketwatch)
Read
More: 3 Indusries That Benefit
From Same Day Courier Service
5 Reasons Why Speed Matters to Businesses:
To
Meet Customer Expectations
Most online shoppers in today’s date associate same day delivery with professionalism. This is in line with the growing urgency in orders that are made online, with the definition of urgent changing from person to person.
Whatever that be, customers, mainly
millennials, consider delivery time to be a parameter of a good courier
service. In fact, 88% of customers
are willing to pay extra for same day delivery. Thus, companies should adopt this service
if they want to attract more and more people to their brand.
During the pandemic, the companies that
have provided on demand same day delivery have seen an increased turnover as
compared to who are still new to this or have not adopted yet. As mentioned
before, people are willing to pay extra for faster delivery, and perhaps that’s
the reason sales of companies offering same day delivery has phenomenally
increased.
INCREASE
IN PRODUCTIVITY AND EFFICIENCY
The Deadline Technique is one of the most
effective psychological weapons to get work done. Often, this is used to pursue
customers to buy a product “before the offer ends” but in this case, it
improves company productivity. In case of same day delivery services, employees
tend to work much faster as inability to deliver before the deadline brings
losses to the company.
This keeps the work ongoing without
hiccups.
LESS
CHAOTIC
One of the major costs that delivery and
courier companies have to bear, is stocking and warehousing. Without the
deadline of a delivery date, warehouses keep piling up and it becomes to keep
track on each and every product. Additionally, there is the cost of shipping a
huge number of products to a number of different locations through large sized
vehicles.
All these costs can be avoided through same
day delivery. With most products being shipped on the day they were ordered,
warehouse inventory management becomes much easier and less cumbersome.
BUILDS
A POSITIVE IMAGE
Isn’t this the endgame for everyone in this
field?
Same day delivery has a proven record of
increasing engagement on the e-commerce websites offering them. This is because
as mentioned before, many people nowadays equate this to professionalism.
Therefore, businesses offering same day courier service delivery are considered to be more reliable
and professional.
This service also opens the avenue to
expand, as companies specializing in same day delivery can also deliver food,
groceries, flowers and other perishables. Moreover, vaccines, medical samples
and medicines themselves also have a short window of perishing, the medical courier delivery of which can also be taken up by
such businesses.
In turn, it will create a positive image
and goodwill of the business as the one which is reliable, versatile and fast.
It is high time that businesses understand the dynamics of the today’s consumer
and stand out in the crowd. Same day delivery is a must HAVE!
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