Errands and Concierge Services
Errands and Concierge services is an on-demand delivery services and in a nutshell, it is an assistance on demand. When you are maintaining a busy lifestyle, you are still a human being, who needs the shopping to be done, dog to be fed and packing to be conveyed. The errand business runners will arrange it for you.
Such errand services as grocery shopping, delivering mail and taking care of pets are the essential part of living, but for business owners who put all their time and efforts in their career, it is quite difficult to manage it. They will come to your place to buy food for your empty fridge, to feed your fish or to clean your house.
The Need
Most Individuals, because of their busy schedules or demanding work do not have time to take adequate care of their houses, get things fixed or make proper plans concerning their events. People at this stage need the service of professionals who will assist in running their errands for them and helping with their basic needs. This is why Errands at A Click is established.
Opportunity
An online service or a Software as a Service (SaaS), On-demand delivery services is provided with the help of a software application running online, and also making facilities available to users over the internet via an interface.
The global concierge services market size was valued at USD 537.6 million in 2018 and is expected to register a CAGR of 5.3% from 2019 to 2025. Many top-level managers, VIP customers, celebrities, and such other consumers outsource routine or specialized tasks to concierge services or personal assistance services. to save time. Other factors such as lack of work-life balance, busy work schedule, and time constraint are projected boost the demand for concierge services.
The on-demand economy is large and getting larger. The on-demand economy is attracting more than 22.4 million consumers annually and $57.6 billion in spending. The largest category of on-demand spending is online marketplaces (e.g. eBay, Etsy), with 16.3 million consumers each month spending almost $36 billion annually. Transportation (e.g. Uber, Lyft) comes in second with 7.3 million monthly consumers and $5.6 billion in annual spending, followed by food/grocery delivery (e.g. Instacart) at 5.5 million monthly consumers and $4.6 billion annual spending. Other on-demand services including home services (e.g. TaskRabbit), freelancer services (e.g. Elance), and health and beauty services (e.g. StyleSeat) account for $8.1 billion in spending each year, and all other on-demand activity comes in at $3.8 billion.
Market
Primary market for the Errands and Concierge Services are;
- Working professionals
- Individuals working on tight shifts
- Busy personnel
- Corporate offices & Executives
- Local Businesses
Services
Listed below is an outline of our service categories:
Personal Concierge
Corporate Concierge
Errand Services
Personal Shopping
Virtual assistance
Pick Up & Delivery Services
Event planning & party arrangement
Travel and tourism management
Entertainment and leisure concierge
Business concierge services
Chauffer concierge services
Property concierge services
Wedding concierge services
Investment
Initial Capital Investment - $50,000 ONLY
Investment amount will be calculated at actual and progressively as on every stage of the process would involve a budget price and its deliverables, so as to keep the investors fully updated and transparent.
An additional 25% of the investment amount to be kept in business bank account for operating expenses.
This amount includes at a minimum three (3) months of average projected expenses to cover startup costs, working capital costs, and contingency financing.