Calculating Returns on Investment for Shop and Carry Parcels
How to determine and maximize your returns on Shop and Carry services
Understanding Returns on Investment
Shop and Carry services on AirJIT allow travelers to earn returns on their investment by purchasing items for shippers and delivering them to recipients. The standard return on investment (ROI) is around 20%, but it can vary based on several factors.
Factors Affecting Returns
- Route Complexity: More complex routes with multiple stops or longer distances can increase the ROI.
- Demand and Supply: High demand for Shop and Carry services on certain routes may lead to higher returns.
- Parcel Value: The value of the purchased items can influence the ROI, with higher value parcels often yielding better returns.
Calculating Returns for Single and Multiple Travelers
Single Traveler
- Example: If you purchase an item for $100, you will be reimbursed the $100 plus an additional return of $20 (20% ROI) upon successful delivery.
- Calculation: $100 (purchase price) + $20 (20% return) = $120 total reimbursement.
Multiple Travelers
In cases where multiple travelers are involved in delivering a single shop and carry parcel, the returns are distributed based on the complexity and length of each traveler's route.
Example:
- Traveler A purchases an item for $100 and carries it halfway, incurring a return of $10 (10% of the purchase price).
- Traveler B then takes over, pays Traveler A $100, and carries the item the rest of the way, earning the remaining $10 (10% of the purchase price).
Calculation:
- Traveler A: $100 (reimbursed by Traveler B) + $10 (10% return) = $110 total reimbursement.
- Traveler B: $100 (reimbursed by the recipient) + $10 (10% return) = $110 total reimbursement.
By understanding how to calculate and maximize your returns on investment for Shop and Carry services, travelers can make informed decisions and optimize their earnings on AirJIT.