Starting a new business will always represent a challenge, but one of those with minimal challenges is a grocery delivery business. In this business plan we have considered all the requirements for start a grocery delivery business. We also took it further by analyzing and drafting a sample grocery delivery service marketing plan backed up with marketing ideas for your grocery delivery business.
Grocery Delivery Business Plan
Grocery delivery is a business that includes helping your clients with their groceries, delivering the products to them at their homes, offices or any other location they want. You can choose to own a store if you have the financial capacity to or you can also operate without one. The business plan bottom line is to know how to source for groceries and how to get them delivered to your customers easily and cheap.
Grocery delivery is a business that you can start to serve a small town or even a big neighborhood, but the marketing positioning tools in the business plan can take your brand further than that, if you are consistent in the strategies presented, to become a nationally recognized business with a distribution network that spreads across the length and breadth of the country, especially if you decide to go into franchising.
Starting a grocery delivery business is a profitable business, very easy to start and it is not so capital intensive. The operations plan includes developing a supplier’s network, proper inventory and storage procedures and setting up the right delivery process. A grocery home delivery business can be operated offline from a traditional retail store or online through a website.
Normally, running a new grocery delivery business requires that you should be proactive when it comes to marketing your services. This section of the business plan explains specific strategies that will help you attract customers by perhaps aiming at a market niche that is not being properly served by major competitors.
Segmentation is essential in any business. However, the grocery delivery industry offers an extensive range of customers as everybody in the world needs groceries. The business plan’s market segmentation section describes whether the company will focus on serving households, single people, corporate executives, business people or offices, among others.
In this section of the business plan we are going to explore all available means to promote our grocery delivery business. The promotional strategy is not solely for winning customers but also to effectively communicate the brand through community based newspapers, radio stations and TV stations; encouraging the use of word of mouth publicity from loyal customers along with influencing the internet community through social media platforms.
The financial projections of the grocery delivery business plan aim to explain how the business will be funded and which are its potential results. This starts with a budget that sets sales goals, establishes payroll budgets, and creates criteria for gross margins and expenses.
This part of the business plan describes the sources from which the business will get its revenues from. For grocery delivery businesses, the main source of revenues comes from the sale of products and delivery charges. These will be usually estimated by calculating potential annual subscription figures. By offering lower fees for delivery or even free service if the customer acquires an annual subscription the business can streamline its revenue sources to obtain a steady income.
In this section of the grocery delivery business plan there is a detailed description of the major expenses you need to consider and watch carefully and also the most adequate strategies to keep them in line in order to maintain an attractive profit margin.