Have you noticed how many packages are delivered in your neighborhood in recent times? It is as though every bike in the road has a package. E-commerce in India is rapidly expanding and e-delivery businesses are developing at a very high pace. XpressBees is one of the largest competitors.
An XpressBees franchise can be a good option in case you want to start a stable and growing business that is not difficult to comprehend. It gives you an opportunity to collaborate with an effective brand of logistics.
In order to get a rough notion of their size, I will just tell you these figures:
- 3,000,000+: The quantity of shipments which XpressBees carries out per day.
- 19, 000+: The amount of pin codes they serve throughout India (that is practically the entire country!).
- 2500+: This is the number of cities they are present in a big way.
- 35,000+: Network of people who assist them in making smiles every day.
Here, in this article, we are going to discuss all of that you must know, how much money that you need to start, how much money that you can make, discussed in a simple, step-by-step manner.
What is XpressBees and What Are its Services?
Consider XpressBees as a connector between the sellers (Amazon, Flipkart, or FirstCry shops) and the buyers (you and me).
XpressBees is a start-up company (worth more than 1 billion dollars) that started small in 2015 as the founders of FirstCry launched it. They do not only deliver small packages. Their services include:
- B2C e-commerce: The delivery of the shoes, phones and clothes you have purchased online.
- B2B logistics: Transporting massive movements between factories and warehouses.
- Cross-border logistics: Support of goods that are imported and exported to India.
- 3PL (third-party logistics): Saving the goods of other companies in their large warehouses.
Being a franchise owner, you will be the local representative of this network. You ensure that packages are delivered to the customers in a safe manner or assist local businesses to deliver their products to every part of the world.
India The Growing Logistics and Courier Franchise Market
Conventional businesses are risky. However, logistics is the support of the modern economy. As long as the individuals make purchases over the Internet, there must be a delivery.
The logistics market in India will grow by 10-12 per cent annually. It is no longer just about large cities such as Mumbai or Delhi and even small towns within Tier-2 and Tier-3 cities shop online on a daily basis. This leaves a massive requirement of local courier partners who are well acquainted with roads and neighborhoods unlike any computer. That’s where you fit.
Why Businesspersons Find XpressBees Franchise Opportunities
Why should one choose XpressBees? The following are some of the bare-bone reasons why entrepreneurs are flocking this brand:
- Technology-oriented: They have a highly user-friendly technology. You are able to monitor all this on a simple dashboard or a mobile application.
- Huge volume: You do not have to go on a hunt to find work since they work with such large corporations as Flipkart, Myntra, Meesho, and FirstCry. Parcels will arrive for you.
- Easy entry barrier: You do not require a large warehouse to enter. Some models can be satisfied with a small shop or a decent office.
- System of support: They do not abandon you once you have signed the contract. They provide training and operational assistance in order to make you successful.
Models of XpressBees Franchise.
When you decide to go with XpressBees, you have two alternatives. Select that one that best fits your budget and space.
XpressBees Counter of Booking courier counter.
It is the Retail Partner model. It is effective in case of a small shop a stationery shop, an internet cafe or a mobile repair shop and you want an additional income.
- What you do: Be a booking point. Customers present documents (parcels) and gifts (returns) to your shop. You pack and book them and then they are picked by XpressBees.
- Most suitable to: small space/limited budget beginners.
Multipurpose Parcel and Delivery Services.
This is the Unit Franchise or Delivery Franchise. It requires additional dedication but is higher paid.
- What you do: Operate an individual pin code or area.
- Inbound: The bags of the parcels of XpressBees hub arrive at the hub, are sorted, and the delivery boys deliver them to the homes.
- Outbound: Collect returned items of the customers and transfer it back to the hub.
- Best to: Entrepreneurs who are able to manage a small team of 4-5 delivery boys and have their own office.
Start-up Investment to open a XpressBees Franchise.
Money is the big question. Break it, let us get it out of the way. The prices differ according to the city and model, but the following are realistic estimates.
A Counter of a Courier Booking (Retail Point):
- Franchise fee: ₹10,000 – ₹25,000
- Machinery (printer, scanner, computer): 30,000 -40,000.
- Marketing & branding: ₹5,000 – ₹10,000
- total amount of investment: 50-100,000-1 lakh.
Multipurpose Delivery Franchise (Unit Franchise):
- Franchise fee: ₹50,000 – ₹1 lakh
- Security deposit (refundable): 50 000 000 100,000 (depending on volume)
- Office furniture (furniture, office set up, PC): ₹1 lakh -2 lakhs.
- Current expenses (salaries of the staff, fuel): 50,000 -1 lakh.
- Investment total: 2.5 to 5 lakh in Indian rupees.
Earnings, Revenue, and Profit Potential of a XpressBees Franchise
Now we need to discuss the best parts, how much money can you make?
Various Sources of Income
You do not earn a living by only one thing. It is a product of numerous activities:
- Delivery Payouts: You receive a set price per parcel of that which you successfully deliver to a customer.
- Pickup Payouts: You also get paid on each Pickup Reverse (when the customer sends back a product such as a dress which does not fit). These tend to be more lucrative than deliveries.
- Booking Commission: You receive a commission (percentage) on the shipping charge that is paid by walk-in customers should you run a booking counter.
Projected XpressBees Franchise Profits
Volume is an important factor in profitability. The margin per parcel is low, so to make a lot of money; you have to deliver a lot of parcels.
- Delivery Earnings: 12 up to 18 per packet delivered (depending on city).
- Pickup Earnings: The average pickup earnings are 15 to 25 per picked-up packet.
Average Monthly Revenue.
- Small Booking Point: 2000040000 per month.
- Delivery Unit Franchise: 50,000200,000+ monthly (Gross Revenue).
Anticipated Profit Margins
Once you have paid off your delivery boys, fuel, rent, and electricity the net profit margin is normally 15 to 25. Therefore, in a month, with a total revenue of 2 Lakhs, you will take-home salaries of about 30,000-50,000 as your total profit.
Earnings are determined by key factors that influence earnings:
- Location: It is a high-density residential place, and your riders will be able to deliver 50 packets in 2 hours. A rural sprawl implies increased fuel expenses and lower efficiency in time.
- Volume: The larger the parcels, the larger the money. Festive months (Diwali, Big Billion Days) are jackpot months as the profits may be doubled.
- Employee Performance: When your riders are quick and courteous, then your Successful Delivery Percentage will increase and XpressBees may reward you with bonuses.
How to apply to the XpressBees Franchise.
The application process is easy, though you have to be keen to use official means only. The number of fake websites is numerous, therefore, this is the procedure to follow:
- Website: Go to the official site of xpressbees.com.
- Locate the Partner Section: Click an available link that has a text with which it says Partner with Us or Contact Us (typically, this will be in the menu, or in the footer).
- Complete the Inquiry Form: You will find a form where you will be required to fill in your Name, Email, Phone Number, City, and Pincode. Choose the type of interest as either Franchise or Business Partner.
- Waiting to be called: The area manager of XpressBees in your area will go through your application. They will call you in case your pin code is available (open to franchise).
- Meeting & Site Visit: The manager will be visiting your proposed shop/office to have a look at whether it is safe and accessible.
- Documents Submission: You submit your KYC and business documents.
- Agreement & Payment: You sign the franchise agreement, and remit the franchise fee/security deposit through bank transfer (Do not pay any money to anyone!).
- Training & Launch: You have access to their software, you train your staff and you are on the road!
ERP Criteria and necessary documentation.
To make sure that you are a serious partner, there are some few basic requirements at XpressBees.
Eligibility:
- Age: 21 years or older.
- Education: 10 th or 12 th pass (You must know how to read English speeches and operate a computer).
- Experience: This is a massive bonus, but not a requirement, as the person has to have experience in logistics or a courier service.
Documents Required:
- ID Proof: Aadhaar card, PAN card, voter ID.
- Address Proof: Electricity bill of the shop/ office, Rent Agreement.
- Business Proof: GST registration certificate, shop and establishment license (Gumasta).
- Financials: Cancelled cheque, Bank Passbook and in some cases ITR (Income Tax Return) of the previous 1-2 years.
Personnel and Room Needs to Franchise Installation.
The Delivery franchise is not a one-man game.
Space:
- You require a ground-floor office that is 200 to 400 sq. ft.
- It has to be loaded/unloaded by a small truck or a van.
- You require space where you store the parcels (racks/shelves) and a sorting counter.
Staff:
- Operations Manager: (This is normally you) Computer, route, and cash management.
- Delivery Executives (Riders): 2 to 10 riders based on your volume will be required. They should possess their two-wheelers and driving licenses.
- Helpers: To load and unload vehicles (small units only).
XpressBees Franchise Support and Contact.
The advantage of not having to begin at the bottom is one of the best aspects of a franchise.
- Technical Support: They will supply the software (dashboard) and a mobile application to the riders. In case of system crash, they are assisted by their IT team.
- Operation Training: They will instruct you on how to deal with the Non-delivered packages, how to deal with Cash on Delivery (COD) funds and how to pack the packages.
- Marketing: You have glow signs, rider T-shirts and branding materials to make your shop look official.
Contact Info:
- Official site: www.xpressbees.com
- Franchise Link: https://www.xpressbees.com/partner/franchise-partner
- Phone: +91 (020) 4911 6100
- Mail: customercare@xpressbees.com
Evaluation of XpressBees Franchise Profitability
Is it worth it? Incidentally, consider ROI (Return on Investment).
On the average cost of 3 lakhs (delivery franchise) you normally break even after 6 to 12 months.
- First 3 months: You are only allowed to cover expenses as you assemble your team and acquire the routes.
- Months 4-6: You start witnessing stable operations and little profits.
- Beyond month 6: Once you gain volume and your team picks up speed, your profit margins level out.
In high density places like in the apartments or society, you will earn money sooner since the riders do not need as much fuel to deliver more packages. Your ROI can be delayed in case you are in a dispersed rural location.
Read More: Top Auto Repair Franchises
Conclusions
XpressBees franchise is a good, firm business opportunity. It is no get-rich-quick, it is an operations-intensive business, which must be attended to day-in, day-out. You have to control riders, cash in a responsible manner, and customers happy.
But in case you are industrious and you would like to be a part of the e-commerce boom in India, this is one of the least risky bets. Deliveries of parcels are not decreasing, they are just increasing. With a collaboration with a company such as XpressBees you will have a share of that huge market.
Your next assignment: You want me to assist you in writing a professional email request that you may forward to the XpressBees partnership team to initiate the discussion?
FAQs
Am I required to possess the delivery vehicles?
No. Riders will normally bring their bikes. You pay them a commission or a salary per packet that will cover their fuel.
Is it possible to run this business on a part-time basis?
A booking counter may be part-time, however, a delivery franchise will require a full-time position to coordinate riders and sorting of parcels on a daily basis.
What is the frequency of payment by XpressBees to the franchisee?
They pay monthly. They add all the deliveries and pickups monthly and credit the figure to your bank account.
Does it refund the security deposit?
Yes. Within the franchise agreement, the deposit is usually refunded with no interest once you terminate the agreement.
