European q-commerce startups' strategies to make a profit 2021, by scenario
Companies offering ultra-fast delivery have had growing popularity since the COVID-19 pandemic. Yet, one of the main challenges quick commerce startups face is reaching profitability. According to a study, to achieve this goal, European e-commerce startups would have to double the size of their baskets and quadruple the volume of their orders. This means these businesses would need to make at least 1,500 deliveries per day, and the average value of each purchase would need to be in the range of 30 euros to reach an EBIT of four percent to six percent per order.
