2 Delivery Service Success Stories [2024]
Delivery service refers to a collection of services that deliver goods and products through the land, air, or waterways across locations. The delivery services serve B2B, B2C, and C2C customers.
The growing e-commerce sect and increased cross-border trade are some factors driving the growth of delivery services. Furthermore, consumer preference for online shopping has greatly contributed to the increased demand for delivery services.
To start a delivery service, make sure you have a cargo van, a fully functional website, and meet all the legalities for operating a business in your state.
In this list, you'll find real-world delivery service success stories and very profitable examples of starting a delivery service that makes money.
1. Velocity International Group ($1.8M/year)
Ben Elizer, the founder of Velocity International Group, came up with the idea for his logistics company after working at another logistics company for almost five years. He wanted more responsibility and growth opportunities, so he decided to start his own company using the knowledge he had acquired. Despite facing financial difficulties and having to move back in with his mom, Ben put everything he had into Velocity and it has since grown into a successful business, with revenue increasing by over 300% in the past two years.
How much money it makes: $1.8M/year
How many people on the team: 17
How a logistics company grew its revenue over 300% in 2 years, starting with just 2 vans and 25k+ square feet of warehouse space, and focused on relationships, efficiency, and building trust with its customers.
2. Parcelmagic ($60K/year)
Shaerul H Joarder (Neel), the Co-founder and CEO of Parcelmagic, came up with the idea for the delivery service company during the lockdown in Bangladesh. Seeing the increased demand for delivery services amid the pandemic, he realized the need for a fully technology-based logistics company that could provide seamless and efficient parcel delivery services. In just 6 months of operation, Parcelmagic has onboarded over 100 merchants and delivers over 10,000 parcels each month to all 64 districts in Bangladesh.
How much money it makes: $60K/year
How much did it cost to start: $1M
How many people on the team: 50
Bangladesh-based logistics company Parcelmagic has onboarded over 100 merchants and delivers 10,000 parcels each month within just six months of operation, offering technology-based end-to-end services for small to medium business parcel delivery, individual document and parcel couriers, and corporate logistics service solutions.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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