You need to study the demographics

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Therefore, it is necessary to deal with a reliable feasibility study office or an accredited feasibility study company. If you are looking for a certified and accredited feasibility study company, Future Vision Company is the best feasibility study office in Saudi Arabia, as it provides all services and consultations on home delivery projects and other projects, and provides customers with access to successful models to benefit from when starting the project. Request your free consultation Feasibility study for a delivery project 2024 Feasibility study for a delivery project 2024 A feasibility study is conducted for a delivery project to ensure that the project’s objectives are achieved by preparing a comprehensive study that takes into account all operational and economic aspects.


The study is as follows: 1. Target market analysis of engineer database the area you plan to operate in, and determine which groups are most in need of delivery services. For example, there may be a high need for meal delivery in densely populated urban areas, while focusing on delivering medicines or groceries may be required in rural areas. It is also necessary to study competitors in the market and know the services they provide to customers. This analysis helps in identifying available opportunities and areas in which the project can excel.


2. Determine investment and operating costs. Determining costs is one of the most important elements of a feasibility study for a delivery project, where the investment costs of developing the application or electronic platform, purchasing delivery vehicles, and hiring drivers and employees are estimated. In addition, calculate marketing costs, technical infrastructure costs such as servers and technical support, and know the operational costs which include employee salaries, fuel costs and maintenance of vehicles, in addition to the costs of managing daily operations. Here is the best way to do an economic feasibility study for a project 3.