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Boxed Inc's Business Segments
Boxed Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q3 FY2022
Reportable Segments
2
Largest Segment
Retail
Total Revenue
$ 42
Regions Reported
-
Revenue Share by Reportable Segment - Q3 FY2022
- Retail99.8%
- Software and Services0.2%
Revenue by Reportable Segment - Q3 FY2022
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Retail | $ 42 | 99.8% |
| Software and Services | $ 0 | 0.2% |
Revenue by Product & Service Category - Q3 FY2022
- Grocery71.2%
- Home and Household25.3%
- Product and Service, Other3.3%
- Shipping and Handling1.5%
- Marketing Fees0.8%
- License and Service0.2%
Revenue by Product & Service Category - Q3 FY2022
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Grocery | $ 30 | 71.2% |
| Home and Household | $ 11 | 25.3% |
| Product and Service, Other | $ 1 | 3.3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
3 more categories available
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Description of Boxed Inc
Boxed Inc, also known as Boxed Wholesale or simply Boxed, is an online bulk grocery retailer based in the United States. Founded in 2013 by four tech entrepreneurs (Chieh Huang, Jared Yaman, Christopher Cheung, and William Fong), Boxed aims to provide its customers with a vast selection of high-quality products at competitive prices, with the added convenience of home delivery. Initially launched as a mobile-friendly site that specifically catered to city dwellers and millennials, Boxed has now expanded its services nationwide.
Boxed Inc gained popularity early on by pioneering the concept of bulk e-commerce, making the bulk buying of groceries easier and more affordable for people across the country. Unlike traditional brick-and-mortar stores such as Costco or Sam's Club, Boxed does not charge a membership fee, and customers can browse and purchase its products through its website, mobile app, or even via voice-activated devices like Amazon's Alexa. Boxed also allows customers to buy their products individually or in bulk, with discounts for larger orders.
Boxed's inventory consists of a wide variety of products, including grocery items, household essentials, health and beauty products, and even office supplies. Some of the most popular items include snacks, beverages, cleaning supplies, and pantry staples. Boxed also offers a selection of private-label products, which are mainly organic or natural products, as well as upscale brands that offer unique products not found in other stores.
Boxed's main focus is on customer service and convenience. Its straightforward and user-friendly interface allows customers to browse and purchase products easily, and there is always a clear and concise description of each product, including its price, size, and nutritional information. Customers can also use the 'autoship' feature to set up regular deliveries of their favorite products, ensuring that they never run out of the items they need.
In addition to offering quality products, Boxed also takes pride in its commitment to social responsibility. The company has implemented a number of eco-friendly initiatives, such as using recycled packaging and minimizing waste. Boxed also donates a portion of its profits to various charitable organizations, such as Feeding America and No Kid Hungry.
Overall, Boxed Inc has revolutionized the way people buy groceries online, offering an expansive selection of quality products at competitive prices with the added convenience of home delivery. Its success can be attributed to its focus on customer satisfaction, convenience, and social responsibility, making it one of the most innovative and customer-centric companies in the e-commerce industry.
Boxed Inc gained popularity early on by pioneering the concept of bulk e-commerce, making the bulk buying of groceries easier and more affordable for people across the country. Unlike traditional brick-and-mortar stores such as Costco or Sam's Club, Boxed does not charge a membership fee, and customers can browse and purchase its products through its website, mobile app, or even via voice-activated devices like Amazon's Alexa. Boxed also allows customers to buy their products individually or in bulk, with discounts for larger orders.
Boxed's inventory consists of a wide variety of products, including grocery items, household essentials, health and beauty products, and even office supplies. Some of the most popular items include snacks, beverages, cleaning supplies, and pantry staples. Boxed also offers a selection of private-label products, which are mainly organic or natural products, as well as upscale brands that offer unique products not found in other stores.
Boxed's main focus is on customer service and convenience. Its straightforward and user-friendly interface allows customers to browse and purchase products easily, and there is always a clear and concise description of each product, including its price, size, and nutritional information. Customers can also use the 'autoship' feature to set up regular deliveries of their favorite products, ensuring that they never run out of the items they need.
In addition to offering quality products, Boxed also takes pride in its commitment to social responsibility. The company has implemented a number of eco-friendly initiatives, such as using recycled packaging and minimizing waste. Boxed also donates a portion of its profits to various charitable organizations, such as Feeding America and No Kid Hungry.
Overall, Boxed Inc has revolutionized the way people buy groceries online, offering an expansive selection of quality products at competitive prices with the added convenience of home delivery. Its success can be attributed to its focus on customer satisfaction, convenience, and social responsibility, making it one of the most innovative and customer-centric companies in the e-commerce industry.
Boxed Inc is a leading online wholesale retailer that offers a wide range of segments, products, and services to customers across the United States. The company aims to simplify and improve the shopping experience of busy and tech-savvy customers by offering an extensive range of products at unbeatable prices, delivered straight to their doorstep. Here is a detailed overview of the segments, products, and services offered by Boxed Inc.
Segments:
Boxed Inc caters to a wide range of segments, including home essentials, grocery, family, health and wellness, and office supplies.
1. Home essentials: This segment includes household products that customers use on a daily basis, such as cleaning supplies, paper towels, laundry detergents, and toiletries.
2. Grocery: Boxed Inc offers an extensive range of groceries, including snacks, beverages, breakfast foods, canned goods, and organic and natural products. Customers can easily shop for popular brands or pick products based on their dietary preferences.
3. Family: This segment comprises baby products, pet supplies, and personal care items for men and women. Customers can choose from a wide range of products, including baby formula, diapers, pet food, and grooming products.
4. Health and wellness: Boxed Inc offers a variety of health and wellness products, including vitamins, supplements, probiotics, and over-the-counter medications.
5. Office supplies: For businesses and individuals, Boxed Inc offers a wide range of office supplies, including paper, ink and toner, office furniture, and technology accessories.
Products:
Boxed Inc offers a diverse range of high-quality products from trusted brands, including both organic and non-organic choices.
1. Food and beverages: Boxed Inc's food and beverages range includes snacks, candy, chocolate, coffee, tea, soda, and a wide variety of organic, gluten-free, and vegan options.
2. Household items: This category includes all kinds of household supplies, including cleaning products, laundry detergent, dishwashing liquid, paper towels, and trash bags.
3. Personal care: Boxed Inc offers a wide range of personal care items such as shampoo, conditioner, soap, deodorant, and dental care products, as well as skincare and beauty products.
4. Electronics and appliances: Boxed Inc stocks electronics and appliances, including laptops, smartphones, tablets, cameras, and kitchen appliances such as air fryers, microwaves, and blenders.
5. Pet products: Boxed Inc offers pet food, toys, grooming supplies, and bedding for cats, dogs, and other animals.
Services:
Boxed Inc provides excellent customer service, competitive pricing, and convenient delivery options to meet customers' needs.
1. Free Shipping: Boxed Inc offers free shipping on orders over $49.
2. Subscription Service: Customers can subscribe to Boxed Inc and save up to 20% on their favorite products.
3. Business Services: Boxed Inc offers a business service program that provides exclusive pricing, customizable billing, and personalized support for corporate and group orders.
4. Customer support: Boxed Inc provides excellent customer service support via email, phone, and chat to ensure customer satisfaction.
5. Mobile App: Boxed Inc's mobile app streamlines the shopping process, making it easy for customers to shop, track orders, and browse products from their smartphones.
In conclusion, Boxed Inc offers a wide range of segments, products, and services to meet the growing needs of customers. With its competitive pricing, free shipping, and excellent customer service, Boxed Inc has become one of the most reliable and convenient online retailers in the United States.
Segments:
Boxed Inc caters to a wide range of segments, including home essentials, grocery, family, health and wellness, and office supplies.
1. Home essentials: This segment includes household products that customers use on a daily basis, such as cleaning supplies, paper towels, laundry detergents, and toiletries.
2. Grocery: Boxed Inc offers an extensive range of groceries, including snacks, beverages, breakfast foods, canned goods, and organic and natural products. Customers can easily shop for popular brands or pick products based on their dietary preferences.
3. Family: This segment comprises baby products, pet supplies, and personal care items for men and women. Customers can choose from a wide range of products, including baby formula, diapers, pet food, and grooming products.
4. Health and wellness: Boxed Inc offers a variety of health and wellness products, including vitamins, supplements, probiotics, and over-the-counter medications.
5. Office supplies: For businesses and individuals, Boxed Inc offers a wide range of office supplies, including paper, ink and toner, office furniture, and technology accessories.
Products:
Boxed Inc offers a diverse range of high-quality products from trusted brands, including both organic and non-organic choices.
1. Food and beverages: Boxed Inc's food and beverages range includes snacks, candy, chocolate, coffee, tea, soda, and a wide variety of organic, gluten-free, and vegan options.
2. Household items: This category includes all kinds of household supplies, including cleaning products, laundry detergent, dishwashing liquid, paper towels, and trash bags.
3. Personal care: Boxed Inc offers a wide range of personal care items such as shampoo, conditioner, soap, deodorant, and dental care products, as well as skincare and beauty products.
4. Electronics and appliances: Boxed Inc stocks electronics and appliances, including laptops, smartphones, tablets, cameras, and kitchen appliances such as air fryers, microwaves, and blenders.
5. Pet products: Boxed Inc offers pet food, toys, grooming supplies, and bedding for cats, dogs, and other animals.
Services:
Boxed Inc provides excellent customer service, competitive pricing, and convenient delivery options to meet customers' needs.
1. Free Shipping: Boxed Inc offers free shipping on orders over $49.
2. Subscription Service: Customers can subscribe to Boxed Inc and save up to 20% on their favorite products.
3. Business Services: Boxed Inc offers a business service program that provides exclusive pricing, customizable billing, and personalized support for corporate and group orders.
4. Customer support: Boxed Inc provides excellent customer service support via email, phone, and chat to ensure customer satisfaction.
5. Mobile App: Boxed Inc's mobile app streamlines the shopping process, making it easy for customers to shop, track orders, and browse products from their smartphones.
In conclusion, Boxed Inc offers a wide range of segments, products, and services to meet the growing needs of customers. With its competitive pricing, free shipping, and excellent customer service, Boxed Inc has become one of the most reliable and convenient online retailers in the United States.