With so many products available on the internet, there are varying factors that influence consumers with completing online purchases. While price, quality and features are a few factors, it’s important to note that delivery time is a large factor. In fact, 50% of respondents of a recent survey conducted by Toluna found that due to an unsatisfactory delivery option, they abandoned their cart and decided to go with an alternative option that delivered sooner. As some businesses can’t risk losing customers over delivery options, they must do everything they can to stay competitive with e-commerce delivery giants. One thing that businesses must do to stay competitive is to utilize telematics solutions to their advantage.
ASAP E-Commerce Delivery: The New Norm
ASAP delivery has been an ongoing revolution for consumers as, over the years, it has been perfected and desired. Two ASAP delivery giants to focus on normalizing this is Amazon and Walmart as they both cater to this quick e-commerce delivery need. Recently, Walmart was reported to have made its same-day delivery option available for approximately 75% of the United States while Amazon similarly delivers to approximately that same amount within 24 hours.
Below we discuss some ways that transportation and logistics businesses can compete in the age of Amazon Prime or 24-hour delivery services by using innovative telematics solutions.
One way to stay competitive with companies who offer ASAP e-commerce delivery is to use a telematics solution, as previously mentioned. Specifically by utilizing real-time tracking features to provide consumers with up-to-date information about shipping. This stems from the theory that the more information you provide to your customer, the more that they will trust you and as a result, do business with you. So even if you are unable to compete with the quick turn around of shipping time of other businesses, you could still stay relevant to consumers as you are honest and transparent (a quality that many look for in a business).
Another way that small business owners can stay competitive in an age that relies on ASAP e-commerce delivery is to take advantage of route optimization. Specifically by using telematics information to help maximize their efforts while scheduling routes. With telematics solutions, dispatch managers have been able to successfully take into consideration and communicate traffic, weather and other delays with drivers so they can coordinate around such issues. Ensuring that businesses are always offering their consumers the quickest and most efficient delivery options. Not to mention, dispatch managers can better group deliveries and add to deliveries within the same geographic location. Making their efforts more optimized in regards to time and resources used.
The final way that many small businesses can compete with e-commerce delivery giants, is to ensure that their fleet is always in peak working condition. Meaning, drivers and vehicles are always ready to work. Not only does this include having enough delivery teams to complete shipments regardless of the season or shipment demand, but completing preventative maintenance so breakdowns on the road are reduced. Using telematics solutions that focus on preventative maintenance allows fleets and vehicle conditions to be automatically monitored for current errors. Additionally, telematics solutions can automatically complete and schedule preventive maintenance with algorithms so drivers are not surprised by engine errors or breakdowns. Essentially keeping fleets in peak working conditions to maintain productivity.
Since consumers are always looking for the best and quickest options when it comes to buying online, businesses must do what they can to compete with e-commerce delivery giants. While these are only a few ways that even small businesses can see benefits from, it’s important that dispatching managers always stay on top of new technology trends that can help them.
If you’re interested in learning more about how your business can boost its delivery options by using IoT and telematics solutions, contact us today!