The cannabis market has already been multiplying and is expected to continue after legalization. In 2020, the worldwide legal marijuana industry was estimated to be worth over $ 19 billion. That figure is expected to reach $91.5 billion by 2025.
Last year, when the epidemic hurt many other businesses, marijuana delivery went through the roof. Most dispensary owners change their ways of doing business quickly, as 79% now offer curbside pickup and delivery. Since the pandemic’s beginning in 2020, cannabis shipments have grown by 300 % by December of that year. Many companies have hit the jackpot (pardon the pun) by offering marijuana delivery services. Although it’s not simple, having a well-thought-out business strategy may save you a lot of money when beginning a marijuana delivery service. Many people have found success in business, spread out throughout the spectrum.
THE HUB-AND-SPOKE APPROACH AND THE DIRECT-TO-CONSUMER MODEL
Heavy traffic makes it difficult to meet deadlines for goods deliveries in New York City. Brands that sell directly to customers often use a “hub and spoke” structure, in which a central location serves as a “spoke” that connects to smaller locations in other cities that act as “hubs” for local customers. This method covers a large area and can serve many different kinds of customers. It will save money on gas and cut down on delivery times.
Even though this strategy for distributing goods leads to more good sales and lower delivery costs and time, it has its limits. When dealing with several locations, keeping track of and properly planning out all orders might be difficult.
The business-to-consumer feature lets you set up many locations, each responsible for covering a particular region. It automatically sends customer orders to the distribution centre closest to where they live, and you can manage the stock at each branch separately.
MODEL FOR DELIVERING CANNABIS PRODUCTS THAT RELY ON A SINGLE RETAIL LOCATION
To make the most money, cannabis shops should use this strategy and expand their business online by offering a delivery service. This is because they better understand their customers and what they want and need. Using software for a cannabis dispensary to open an online store with a delivery service will help them grow their business quickly. Depending on their resources, businesses can outsource this module’s delivery to freelancers or third parties or handle it in-house.
The cannabis dispensary module will let customers place orders through your website and mobile apps, bringing your physical shop into the digital world. Tookan also features a cutting-edge delivery management system so that you can keep tabs on your couriers.
SYSTEM FOR DELIVERING CANNABIS THAT SEVERAL RETAILERS MAY USE
Among budding cannabis companies, the multi-merchant or aggregator-based distribution model is rapidly gaining traction. This strategy has been proven to be highly profitable in the past. Unlike some other models, this one doesn’t call for you to have any inventory on hand. Instead, they set up a network of local dispensaries that keep supplies and fill orders on their behalf. Customers pay a nominal delivery cost, and you get a commission from the local dispensaries for sending them purchases.
The marijuana delivery marketplace suite lets business owners combine several different outlets onto a single platform. Conversely, this setup allows dispensaries to control their catalogue, stock, and discounts via their respective panels and apps. It also enables entrepreneurs to receive and settle commissions from cannabis shops in real-time, utilising the stripe split-payment technique and sophisticated delivery management driven by Tookan.
