Eligible entrepreneurs can start the businesses by investing just $10,000 (i.e. almost Rs. 6.9 lakhs), excluding the cost of hired drivers. senior vice president for Amazon's worldwide operations, Dave Clark said that "a 40 vehicle fleet could earn as much as $300,000 (roughly Rs. 2 crores) a year in profits". Military vets can get that 10K reimbursed, as Amazon is investing a million into a program that funds their startup costs.
Olaoluwa Abimbola, one of Amazon.com's beta participants in a new delivery business offering, talks to reporters on June 27, 2018 in Seattle at a media event for Amazon to announce a new program that lets entrepreneurs around the country launch businesses that deliver Amazon packages.
People interested in applying for the program don't need to have any experience in delivery and logistics, the company said. The Amazon Delivery Service Partners program is created to help independent contractors operate up to 40 vehicles delivering products to Amazon customers.
The program will include access to Amazon's delivery technology, hands-on training, and discounts on a suite of assets and services, including the vehicle leasing and insurance. the retailer says.
Amazon is also taking a big leap in the delivery business.
In April, Mr. Trump tweeted, "I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy". It already owns 7,000 of its own trucks and 40 airplanes, which along with external delivery partners, shipped more than 5 billion Prime items previous year.
Amazon has built up a fleet of more than 6,000 trailers and almost three dozen cargo jets to bulk up its long-range delivery network.
Amazon's Delivery Service Partners is just another part of the company's own logistics network.
What just happened? Amazon has always been trying to lessen its reliance on delivery companies such as FedEx and UPS. Amazon ended up offering refunds to customers - a situation it would no doubt like to avoid in the future.
Others, though, likened Amazon's ambitions to a franchise business model, in which a company such as McDonald's might handle branding and marketing but leave day-to-day operations up to local owners.
Meanwhile, Amazon has for almost three years had its Flex program where drivers can get paid for deliveries using their personal cars. They haul goods between shipping centers and bear Amazon logos, but don't show up at customers' doorsteps.