When done correctly – and circumstances allow – the beer delivery app business can be profitable. It's a particularly appealing expansion for existing liquor stores or restaurants serving alcohol, especially since COVID-19 limits on-premises sales. You only need to conduct your research, follow all local requirements, and develop a viable company concept. According to an IBISWorld study, the online wine, beer, and liquor sales market in the United States is worth $983 million. The online liquor delivery business is increasing at an 11.6 percent annual rate, but it still accounts for only 1.8 percent of total alcohol sales. In short, the beer delivery app business is enormous and growing, but it still has a lot of room to expand. It sounds like the right time to set your foot in the beer delivery app business, right? Let's dive into the pros and cons of the beer delivery app business to help you make a decision right away!
Beer Delivery App Pros
- Low Startup Costs
The cost of starting a beer delivery app is substantially lower than the cost of starting most enterprises, ranging from 62 to 35,923.
- Rewarding work
Starting a beer delivery app may be a lot of fun. After all, you're solving a pressing problem for your consumer and working on something you genuinely care about.
- High levels of consumer retention
When customers purchase your goods, they invest their time and energy to use your product/service, which is important to them. In most cases, your product or service becomes vital to your customer.
- Income potential is limitless.
There is no bar to how much money you can make by beginning a beer delivery app business. The more business abilities you have and the more energy/time you put into your job, you will make more money.
- Exercise daily
Beer Delivery app Businesses, on the whole, require a lot more movement than other types of labor. Most days, you'll be walking, running errands for your business, and doing a variety of jobs. It can improve your energy levels as well as your general health.
- You are in charge of your destiny!
When it comes to launching a beer delivery app, you are in charge of practically all operations. Making the decisions can be both empowering and liberating!
- The Local Community
One of the most appealing aspects of beginning a beer delivery app is that you can gain a local following by selling your goods at craft shows, farmers' markets, other similar events, and even local storefront businesses! You'll have additional revenue sources as well as a devoted consumer base as a result of this.
- A consistent source of revenue
The quantity of clients you have signed up for tends to foretell your business's cash stream. It makes financial planning and forecasting much easier!
- Increased possibility of receiving referrals
This industry is built on referrals, a powerful strategy to acquire and keep consumers. You must have an excellent referral program in place that encourages your clients to tell their friends about your product.
- Interaction with people in person
If you are the kind of person who thrives on human interaction, this is the job for you! Every day, you will interact with clients and staff in a beer delivery business.
- A straightforward business model
A beer delivery app benefits a straightforward business model, making starting and growing the firm easier.
- Increased Earning Potential
In terms of earning potential, the sky's the limit with this enterprise.
- You get to accomplish something you genuinely enjoy
Starting a beer delivery app allows you to focus your efforts on something you are passionate about! For the business to succeed, you'll find yourself devoting as much time and attention as possible to it.
- You can choose who you work with
Gone are the days of working in a hazardous workplace with coworkers you don't get along with. Being a small business owner, you have the freedom to choose who you work with and who you surround yourself with.
- Strong Demand and Relative Recession Resistance
Beer delivery app demand is expanding year after year, and the industry is recognized to be very recession resilient.
- High hourly wages
On average, the hourly pay rates for your beer delivery app are high, which implies that clients' quality often outweighs the number of clients.
- You establish yourself as an authority figure.
Starting a beer delivery app allows you to identify yourself as an authority in your field, which increases your reputation. Customers will be more likely to put their faith in you and refer you to their friends and family as a result.
- Clients can be built on a solid basis.
As a beer delivery app, you are unlikely to have one-time customers. Typically, you have a stable base of clientele that utilize your product and services regularly.
Beer Delivery App Cons
- Employee motivation
Finding unique ways to encourage a sales/content team can be challenging to bring one on board. You must provide excellent incentives and a pleasant working environment for your staff.
- Longer Sales Cycle
A beer delivery app can be a significant time and financial investment for your clients; therefore, it's critical that you plan and forecast a longer conversion funnel and stay in touch with potential customers.
- Work can be erratic
As a beer delivery app, the amount of work allotted to you and your timetable is more unpredictable, making your income less stable. It's critical to define boundaries and budget based on the quantity of work you expect to have.
- Inadequate benefits
A beer delivery app business usually is self-employed, and you are responsible for obtaining your insurance, which may be costly and time-consuming.
- Taxes As a beer delivery app
You must pay self-employment taxes, which can be rather significant in most cases. It's critical to understand how much you'll be paying in taxes each year so you can decide whether the work you're doing is worthwhile.
- There is no safety net.
You often do not receive a steady paycheck as a beer delivery app and instead earn money based on your monthly transactions. Because the employment is dependent on commission, you usually take away less during quiet periods. It is critical to plan ahead of time for slow periods.
- Stressful work
Both you and your clients may experience stress due to your profession. Because this is a substantial financial choice for your customer, the stakes are high for you. Although this is a beautiful professional path, it is not without obstacles and stressful periods.
- Work can be monotonous.
Making the same thing over and over again may get tedious for you. Diversifying product lines and revenue streams is one method to avoid this; it will keep things fresh!
- Get ready to step outside of your comfort zone!
While this may be great for some businesses, it can be a significant challenge for others! You may find yourself in awkward social and business situations, jumping into jobs and responsibilities you are unfamiliar with, and pushing yourself to the limit!
- It's more challenging to run a business from home!
Many entrepreneurs find it appealing to run their businesses from the comfort of their own homes. You are more likely to conduct a beer delivery app from your office or storefront space.
- The job can be taxing.
It is one of the most severe drawbacks of beginning a beer delivery app. It's critical to remember that you may need to be available 24 hours a day, seven days a week.
- High level of risk
Running a beer delivery app entails a lot of liability, which means insurance premiums can be expensive.
- Equipment Failures
Over time, your equipment may become damaged, break down, and require costly repairs. You must plan for these costs and strive to avoid damage/wear and tear as much as possible.
- Telephonic Engagements
Because the beer delivery app is still considered traditional, answering the phone is an important work component. If you or your staff misses phone calls, you may be passing on revenue chances. If you cannot answer the phone throughout the day, it is in your best interest to engage a call center or an employee committed to this task.
- You'll be spending a lot of time in your automobile
Many beer delivery app businesses operate outside of their office or house, which means you'll be spending a significant amount of time behind the vehicle. You must also account for traffic and delays, which can be time-consuming and cause each job to take longer than intended.
- The task might be hazardous.
Your beer delivery app business can have difficult times, putting you and your employees in danger. It is critical to analyze all potential liabilities and implement policies and procedures to prepare you and your team.
- Earning passive money is becoming more complex.
Making passive revenue in this business can be more difficult. The quantity of income you bring in is frequently restricted by your time throughout the day.
As you can see, starting a beer delivery app requires a significant amount of effort. All of that hard work, though, may be worthwhile if more and more people transition from in-store to online buying. You will be successful if you provide your customers with a superior online purchasing and delivery experience. To establish your beer delivery app, AppsRhino is your one-stop solution! AppsRhino is a mobile app development company that helps entrepreneurs and businesses create on-demand mobile and business apps. AppsRhino allows you to choose between on-premises and cloud-based subscription options, making them one of the industry leaders in on-demand mobile app creation.