The Graveyard Of Empires: New York City Is Killing Rapid Grocery Delivery Companies
January 2022
The RGD industry is facing challenges in New York City. The high costs of labor, discounts, promotions and waived fees make it difficult for companies to reduce unit costs and achieve a profit.
Additionally, the crowded market with many similar companies offering similar products and services makes it difficult for companies to differentiate themselves.
Many RGD companies are struggling to break even or become profitable in New York City. Some companies are losing hundreds of dollars on every order they fulfill.
The author believes that this situation in New York City could be considered a “Pyrrhic victory” for the RGD industry, where operating costs outweigh the benefits of success.
The high costs of operating in the city and the crowded market make it challenging for RGD companies to achieve profit and stand out from competitors.
The author suggests that companies like Buyk, founded by people with experience working for a leading RGD company in Russia, may have a better chance at success in New York City due to their disciplined approach to controlling costs and seeking profits quickly.
However, even with a more disciplined approach, it’s still challenging for RGD companies to profit in New York City.
The author has experience as an advisor and consultant to several leading RGD companies with operations in Europe, Latin America, and the U.S.
He states that over 50% of the top 10 RGD companies have contacted him, seeking his advice and guidance.
Overall, the RGD industry is facing a difficult situation in New York City, where operating costs outweigh the benefits of success and many companies struggle to become profitable.
The article is “The Graveyard Of Empires: New York City Is Killing Rapid Grocery Delivery Companies.“