The development of e-commerce and express delivery complement each other. After multiple rounds of repeated integration, the market share of Four Links and One Express and SF Express exceeded 80%. In addition to JD Logistics, the express logistics concentration of the overall e-commerce field Very high. Due to the rise of the sinking and purchasing e-commerce market of JD and Pinduoduo, new e-commerce players are also conquering the city. Under subsidies, it is not without the opportunity to shake the market share of the original e-commerce field. .
The e-commerce field is nothing more than Ali, JD, and Pinduoduo. The competition between self-built logistics and franchise logistics will eventually lead to the same goal. From Ali or Cainiao, a full shareholding in Tongda, from Zhongtong, YTO, Shentong, Best, Yunda, four links and one link are basically recruited by Alibaba Capital; JD Logistics has built its own logistics system and transit warehouse , To support the new express delivery and strategic joint operation to fully compete with Tongda and SF Express; Pinduoduo’s increased e-commerce business volume is also reducing the unit price of e-commerce express delivery; SF’s self-operated method has a long history, in Continuously strengthening the logistics system and self-operating of the transit business, the decrease in unit price and the increase in profit are also carried out simultaneously.
From the perspective of the capital market, SF Express, YTO, Shentong, Yunda are listed separately in China, Zhongtong and Best Listed in the United States, the six major express companies have all achieved financing in the capital market. With Zhongtong’s application for returning to Hong Kong, a development model focusing on domestic business has also been initially established. From the perspective of the market size in 19 years, the first 12.1 billion pieces of Zhongtong accounted for 19.1%, the second 10 billion pieces of Yunda accounted for 15.8%, the third 9.1 billion pieces of YTO accounted for 14.4%, and the fourth 7.6 billion pieces of Best 11.9%, Shentong’s fifth 7.4 billion pieces accounted for 11.4%, and SF Express’s sixth 4.8 billion pieces accounted for 7.6%. Four Tongyida’s market share reached 72.8%, a significant increase compared to 18 years. The growth of e-commerce business is an important driving force for the number of express delivery services. The two developments complement each other. In 19 years, the express delivery business volume was 62.5 billion pieces, and the e-commerce business 48.1 billion pieces accounted for 75.7%. The business data from January to August 20 Basically it is similar to 19 years, although it has been affected by the epidemic.
From the point of view of the average ticket unit price, the revenue of express delivery was 749.8 billion yuan in 19 years, and the volume of business orders was 64.5 billion yuan, with an average of 11.8 yuan per order. Compared with the increase in express delivery in 16 years, the unit price dropped The amplitude is not obvious, it has dropped from an average of 12.7 to 11.8. The average ticket price of SF Express has always been higher than the industry level. The figure for 19 years was 21.9 yuan per order, which was a decrease compared to 23.3 yuan per order in 18 years. The unit price of the ticket in the express industry is mainly derived from the courier fee charged by the pickup network, after deducting the income, the delivery to the courier company mainly includes the face-to-face fee for the information service, the transit transportation fee for the transit, the delivery site fee for the delivery, and the theoretical franchise system For the company, the delivery fee needs to be forwarded to the customer receiving network, the transfer fee is the fee for the transfer business and the branch transportation business, and the face-to-face fee is the information service fee, which is used for information entry barcode scanning and information query. From the perspective of the overall state of the four links and one link, some are not included in the dispatch fee, some face-to-face costs are reduced, and some transit costs are reduced. From the business data disclosed in 19, Zhongtong is 1.6 yuan per order. Yunda is 3.2 yuan per order, Shentong is 3.1 yuan per order, Yuantong is 3.0 yuan per order, and Best is 2.9 yuan per order. From the perspective of business structure, the difference between the unit price and the overall ticket price is still in the part of the revenue from the package outlets. SF Express’s self-operated model is fully included. From the perspective of cost composition, it is still outsourcing services, employee salaries and transportation expenses, which account for the bulk of the first two.
From the perspective of business components, the express industry still counts the revenue and cost of the business of collecting, face-to-face, transit, and dispatching. The choice of franchise and self-operating also causes different aspects of the express industry. Revenue, cost, and profit status, from the franchise system of pickup and delivery, and self-operating of transfer and sorting, as well as the method of self-operating for all businesses, and the information support of Cainiao’s Tiandi network, as well as terminal express delivery such as Fengchao The counter business is the measures and coping strategies taken around business composition and cost control.
Sitong Yida and SF Express, as well as JD.com and Cainiao, have absolute control over the express delivery business, as well as the transfer warehouse in the form of heavy assets, as well as the construction of logistics parks and transportation tools, and the way of strategic joint operation. Basically, small and medium express companies and new entrant express companies have been dismissed. The way to deal with it is nothing more than a subsidy war, leveraging the passion of franchisees to make money, and substantively improving the quality of products and services, timeliness, safety, and integrity.
The logistics node city setting of express logistics companies, the input of transfer warehouses and automation facilities, and the matching of logistics path algorithms are all reasonable ways to reduce the cost of express delivery. Same city express and city direct transportation, air mail and High-speed rail combined transportation, etc., are all effective methods.
From the perspective of reducing waste, lean logistics, as well as reducing sorting and transit, comprehensive computing solutions through strategic algorithms and path planning are the keys to the future express industry game.
International competition in the express industry is also the only way. Participating in the global competition game depends more on its own technical strength and standards, such as USPS/FedEx/UPS/DHL and so on.