Round The Single Ticket Revenue Continues To Go Down, And Stability Can Overcome The Dilemma.

Earlier, the express delivery service released the main business data announcement of express business in October 2019. The revenue of express products in October 2019 was 2 billion 402 million yuan, an increase of 16.04% over the same period last year. The business completion volume was 861 million votes, an increase of 36.94% compared with the same period last year, and the single ticket income of express products was 2.79 yuan, down 15.26% compared with the same period last year.

The express delivery of express products in September amounted to 2 billion 216 million yuan in revenue, 811 million in the volume of business completion, and 2.73 yuan in the delivery of single products for express delivery. In contrast, the express delivery in October showed obvious growth in express revenue and business volume, and there was still no obvious improvement in the single ticket income.

According to the relevant media, this year, affected by the "price war" of the express industry, the income of the single pass ticket of the express delivery company is in constant decline. In the 1-7 month of 2019, the income of the single pass ticket has been reduced from 3.44 yuan to 2.81 yuan, and the overall decline has reached 18.31%. From the year-on-year perspective, in addition to the 8.99% decline in January, the other month's year-on-year fall was over 10%, while the single vote data in October continued this decline.

With the continuous low income of the single pass ticket, the profit situation is bound to be under pressure. In the long run, it will inevitably fall into a vicious circle. In the near future, Yuantong Express has gone through a series of disturbances, which has greatly affected the stability of the operation of tantone.

In October this year, some media reported that the high-end self operated Express brand of "Tun Tong express" promised that a large number of employees were transferred to the post, resulting in the loss of base salary and income, and some employees went to headquarters to safeguard their rights.

Statistics show that "commitment" is the independent brand of the round-trip courier Supply Chain Management Co., Ltd., which is a participant in the investment. The high end express market with high price of offensive players provides comprehensive and full link express service for business customers and e-commerce customers. Official website data show that since the brand was released in October 2018, the promise Express has set up more than 700 direct management departments in 92 cities.

From the data point of view, the promise of development seems to be good. However, from the actual results, many users complained about the "commitment to" part of the "high freight rate but poor timeliness" and "send the wrong address". This has cast a shadow over the further expansion of "promise", and has also laid a hidden danger for the "commitment" to safeguard the rights of employees.

"Commitment to" the main high-end high-end express field, the target is Shun Feng, the vision is beautiful, but the increasingly fierce competition in the industry, "commitment to" want to do something, it is not so easy. Wait until the "promise" reached the middle and high end express area, and wanted to get the high value-added express business, but found that there was a big mountain in front of Shun Feng, and then there were a number of rivals such as Jingdong express, rookie, Suning logistics and so on.

For tantone, A network has always been the main business and the main source of profit, while the commitment network business is located in the B network of the high-end market. From the perspective of "commitment to" the rights and interests of employees, tantone seems to have failed to handle the contradictions between them. If the company wants to work together, A and B networks will be unfolded at the same time. Under the turbulence, it is not natural to improve the management situation.

Just as the "promise" storm has not subsided, the value of the $700 thousand painting delivered by the express delivery company has again turned the tact into a public opinion storm. Ms. Deng, a Chengdu citizen, recently sent a group of famous painters from Beijing to Chengdu. After receiving the courier, they found that the PU tube of the packaging painting had been cut into two parts. One of the paintings in the pipe had been slightly distorted, not only a large block in the lower left corner, but also two holes in the middle, which could not be repaired. According to Ms. Deng, the painting is six feet and sells for 700 thousand yuan on the market.

The value of 700 thousand yuan paintings is delivered to the express delivery, but the damage can not be repaired. No matter which link is wrong, the result is unacceptable. Yuantong company's compensation is small. Its reputation and image are damaged. It is difficult for users to switch to other companies. The stability of the delivery service is the first priority. Timeliness is important, and the quality of service is unstable. Everything is empty talk.

At present, the competition in the express logistics industry is becoming increasingly fierce. There is little left to operate in the market by price war alone. The mainstream companies have been testing new businesses and sticking to the core business. The transformation to diversified and comprehensive service providers has become the consensus of the industry.

Shen Tong has repeatedly set foot in the insurance field. In September of this year, STO announced that it was planning to jointly establish Sina life insurance Limited by Share Ltd (provisional name) jointly with Beijing micro dream Chuang Ke Network Technology Co., Ltd. and China Yintai Investment Co., Ltd. According to the announcement, Sina life is set up by the way of initiation, with a registered capital of 1 billion 500 million yuan, of which STO intends to invest 180 million yuan in its own capital, accounting for 12% of sina's total share capital.

In October of this year, the "Shun Feng city emergency delivery" brand was officially released, laying out the instant logistics market. Shun Feng financial report shows that over the past three years, the compound growth rate of the SF city has been more than 100%. In the first half of 2019, the revenue growth of SF and its sub sectors increased by 129.31%. Official data show that the partners in the SF city include McDonald's, pizza hut, Rui Xing coffee, hi tea, UNIQLO, etc., serving over 100 thousand small and medium businesses and 20 million personal users.

Judging from the actions of peers, it is understandable that Yuantong Express has entered the field of high-end express. However, tantamount should also see that it is hard to cut into the high-end market, and there is no stable and sustainable source of revenue. The only way that tantamount can do now is to seek stability and improve competitiveness.