Mobile commerce startup breaks the mold
A new mobile commerce startup called Boxed aims to make wholesale goods more easily obtainable for consumers. Typically, people have to go to large, membership-based department stores in order to purchase bulk goods at low prices, but these stores do not exist on every corner. Consumers can typically find a wide variety wholesale goods online, but the costs associated with shipping these goods mitigates any savings they could see. Boxed intends to change this by offering consumers with a way to purchase and receive wholesale products at a low cost.
Boxed provides free shipping to orders over $75
Boxed officially launched this week and is currently restricted to the eastern half of the U.S. Using the application, consumers can purchase a wide variety of products and have these products shipped directly to their home. Orders exceeding $75 will receive free, two-day shipping. The concept behind Boxed is to provide consumers with all the convenience of a wholesale department store without the auxiliary expenses associated with such stores.
Company holds its own inventory
Boxed is not just a mobile commerce platform. Behind the application, the company boasts of its own warehouse that stores approximately 500 unique products at any given time. This is somewhat different from the trend that has emerged in the mobile commerce scene. Companies like eBay and Google have been partnering with retailers in order to provide expedited shipping of products without actually having to keep their own inventories. Boxed, however, believes that holding its own inventory and fulfilling shipments is a better way to provide consumers with the services they are interested in.
Mobile commerce continues to evolve
Many trends have begun to emerge in the mobile commerce sector, but mobile commerce cannot be defined by any of these trends on their own. The constant evolution of the mobile space has provided mobile commerce with a lot of room to grow and companies like Boxed have been able to exploit this to their advantage. Boxed aims to offer a new service to consumers that may appeal to people’s interest in convenience and efficiency.