Y Combinator pitch boosts Waterloo’s BufferBox(theglobeandmail.com)
theglobeandmail.com
Y Combinator pitch boosts Waterloo’s BufferBox
http://www.theglobeandmail.com/report-on-business/small-business/sb-tools/small-business-briefing/y-combinator-pitch-boosts-waterloos-bufferbox/article4492976
12 comments
Wasn't Amazon already doing this with their amazon lockers?
http://online.wsj.com/article/SB1000087239639044354550457756...
Regarding chronology, FWIW, this is a final year project for a group in a class of 2011. The concept would have been developed in summer and fall of 2010 and a prototype implemented in winter of 2011. First mentions of Amazon lockers are from late summer/early fall of 2011.
and has been done a long time before that all over europe...
That's great, but does that matter much? This isn't academic research where novelty is the key. They are trying to build a business, and there is clearly good potential for a business in this area. And at the very least, it will be good to have competition in this space.
The argument is that Amazon controls 30% currently, so 70% is "fair game".
It's a pretty weak argument considering that Amazon has the infrastructure muscle out someone like Bufferbox, if there is no distinct competitive advantage for the startup.
It's a pretty weak argument considering that Amazon has the infrastructure muscle out someone like Bufferbox, if there is no distinct competitive advantage for the startup.
I think it depends on the agreements Bufferbox can get with the buildings. I'm not familiar with these types of agreements (eg Redbox kiosks, vending machines may be similar), but I can imagine that non-competes with multi-year terms are a possibility. Especially if Bufferbox itself will pay for the initial costs.
If that is the case, then Bufferbox is in a more defensible position.
If that is the case, then Bufferbox is in a more defensible position.
Amazon lockers offer a solution for Amazon only products. This is an open platform all carriers to use, in addition to the other 70% of eCommerce sales in Canada.
For a long time Amazon fulfilled only their own products (and some large partners) from their warehouses. Now, it's offered to everyone as Fulfillment by Amazon service. No doubt Amazon will offer the locker service, if the market is there.
You're right. Their marketplace model has been built out. Amazon's use of the locker system is an incredible opportunity and as exceptional validation of the technology.
And of course, the open platform to all carriers.
And of course, the open platform to all carriers.
Isn't the Amazon service only for Amazon shipments?
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It is OK - especially useful to be able to send away parcels in the middle of the night (the stations are used for both sending and collecting). Other than that, I ended up not using them much. Neighbors work better for accepting parcels. But I suppose for other people they are quite popular.
Ultimately I think DHL's play is to reduce the number of human powered post offices, so in the end Packstations will be a step backwards for user friendliness.
Edit: link to German DHL site about "Packstation" http://www.dhl.de/content/de/de/paket/privatkunden/packstati...
Edit 2: English Wikipedia says they started in 2001 https://en.wikipedia.org/wiki/Packstation