With the explosion of e-commerce, many businesses are turning to last mile delivery as a way of scaling their platform. Last mile delivery is possible for all businesses, regardless of size or complexity. There are different micro-fulfillment options that allow you to integrate a seamless last mile delivery service into your current operations. These services include automatic storage and retrieval systems that offer on-demand deliveries for business owners who need them.
The Last Mile Delivery market in the U.S. is estimated at $10.4 billion per 2021 data. China, the world’s second largest economy, is forecast to reach a projected market size of US $8.8 billion by 2026 trailing a CAGR of 7.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 6.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.
Micro-fulfillment makes last mile delivery possible. There are micro-fulfillment options that can work in as little as 5,000 square feet of space making store-level fulfillment attainable for small to medium sized businesses.
A recent survey of 2,800 consumers revealed four key benefits to companies offering exceptional last-mile delivery services to their customers.
In fact, 74% of the shoppers surveyed typically spent up to 12% more at retailers with superior last-mile service.
We know customers are willing to pay higher delivery charges for fast delivery. And, younger consumers (30 or younger) are willing to pay the highest across all age groups for faster deliveries.
So that means last mile delivery expectations will only grow as this younger generation ages. Investing in last mile delivery and micro-fulfillment options is money well-spent. You’ll recover your investment quickly if you can offer a great last mile delivery experience to your shoppers.
We have five different approaches to meet your automated micro-fulfillment needs putting you on a path to a superior last mile delivery service whether you’re trying to accomplish fulfillment at the store-level or looking to attain mini-warehouses in your area.
Each solution offers a different price option, rate, and speed.
Ready to give your customers an exceptional last mile delivery experience? We’ve got the solutions to help you get there! Our consultants are ready when you are. Contact us today!