25% Of the online orders are not delivered to the intended recipient. In The Netherlands alone, this accumulates to 36.000.000 disappointing customer experiences and wasted time for redeliveries and neighbor deliveries. As a result of this, 50% of consumers have abandoned a shopping cart as they couldn’t find satisfactory delivery options.
Uniqueness, Technology overview, barriers to competition
A: Trunkrs puts the recipient in control regarding delivery moment and place via our AI powered chatbot. B: Trunkrs reduces the time between online order and delivery, so the recipient location can be determined better. C: Because of our IT enabled partner approach, we are able to scale quickly to new regions.
Market size and analysis
The Dutch B2C parcel market is about 200 mln packages that are shipped at an average price of € 4,18. Pricing levels in The Netherlands are competitive, in many countries higher shipment fees are standard. The countries that Trunkrs has selected for expansion have a combined Ecommerce market worth $684 Bln, The Netherlands total Ecommerce revenu has a value of € 18 Bln. Globally, Ecommerce is growing with double digits. This shows the (growth) potential for an awesome delivery service.
Ask, use of proceeds, milestones
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