There is no one-size-fits-all answer to this question, as the profitability of a grocery eCommerce business depends on a number of factors, including the size and scale of the business, the markets it serves, the products it sells, and the efficiency of its operations. However, we can say that, in general, grocery eCommerce is a very competitive and challenging business, and businesses that are able to achieve profitability tend to be those that have a strong understanding of their costs and a well-developed plan for how to drive sales and grow their business.
There are a number of grocery eCommerce businesses that have been successful in achieving profitability, and many of them have shared their stories and lessons learned in order to help other businesses in the space. For example, Grove Collaborative, a San Francisco-based online grocer, has been profitable since 2016, and it attributes its success to a focus on efficient operations and a commitment to providing an excellent customer experience. Similarly, Thrive Market, another online grocer, has also been profitable since 2016, and it has attributed its success to a focus on offering high-quality, healthy, and sustainable products at a fair price.
Given the competitive nature of the grocery eCommerce space, businesses that are able to achieve profitability tend to be those that have a strong understanding of their costs and a well-developed plan for how to drive sales and grow their business. If you are thinking of starting a grocery eCommerce business, we recommend doing your research and speaking with other businesses in the space to better understand the challenges and opportunities you may face.