Fort Lauderdale, Florida--(Newsfile Corp. - March 4, 2022) - NxGen Brands Inc. (OTC Pink: NXGB) ("NXGB" or the "Company") is updating all parties regarding the SENDPUT beta testing is ongoing and operational. All interested parties in participating in beta testing, please register email to register your access device properly.
An online marketplace bringing rapid delivery services from local businesses
The launch of SendPut marks the realization of a disruptive new online marketplace and rapid delivery model. The ability to integrate all existing delivery service providers via API to our core business model allows us to maximize the efficiency of the delivery process. This operational model ensures the established delivery goals of the zipcode are met and exceeded while providing Quality Assurance and Quality Control of all outbound transactions.
Notably, SendPut leverages local retailers as its inventory and fulfillment network core, creating partnerships via its online inventory and marketplace platform. The business model comes as others in the space concentrate on city-based dark stores or ultra-centralized warehouses. The company sees multiple benefits to this approach.
In addition to unlocking new opportunities for SMBs, SendPut's model dramatically expands both the possible reach and range of rapid delivery platforms. In creating networks of existing retailers, SendPut can expand its reach into zip codes where existing standalone dark store and delivery network models would prove uneconomical. Additionally, the creation of local many-store networks dramatically broadens the range of products available to customers through such rapid-delivery online marketplaces.
Rounding out the customer delivery side of the network, the company's second primary focus for SendPut is developing a network of secure pickup/dropoff lockers. In tandem with a logistics platform for coordinating retailer-driven fulfillment with excess capacity in existing driver networks, the...