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Shipsurance Partners with Cahoot to Offer Discounted Shipping…

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Cahoot E-Commerce Order Fulfillment Network

Cahoot E-Commerce Fulfillment Network

Our novel business model enables Cahoot to offer the highest fulfillment standards in the industry at drastically lower pricing. Partnering with Shipsurance to reduce the cost of insuring packages helps make our service even better and more affordable, said Cahoot Founder and CEO Manish Chowdhary

The Cahoot eCommerce fulfillment network has announced a partnership with the Shipsurance by Assurant (NYSE:AIZ) to offer discounted all-risk shipping insurance to merchants who use the Cahoot platform. With Shipsurance, Cahoot merchant partners have full, integrated access to insure their parcels for loss and damage while in transit.

Cahoot is the world’s first peer-to-peer eCommerce order fulfillment network. It enables online retailers and brands to affordably provide one- and two-day delivery nationwide by storing and shipping merchandise for each other. With its rapidly growing network of over one hundred eCommerce merchants coast-to-coast, Cahoot is quickly becoming the fulfillment choice of high-volume sellers on ecommerce platforms such as Shopify, Magento, and BigCommerce and marketplaces such as Amazon, Walmart, and eBay.

Shipsurance provides small to medium-sized businesses and enterprise eCommerce shippers alike with low-cost shipping insurance for packages shipped with major US and International carriers such as FedEx, USPS, DHL, and UPS. Shipsurance provides all-risk insurance with fast and easy claims processing, making it an affordable and convenient alternative to the declared value coverage offered by carriers.

Merchants who work with Cahoot now have access to worldwide shipping insurance powered by Shipsurance. Offering package protection to all Cahoot merchants adds another layer of protection to the fulfillment process. It can also save shippers thousands of dollars in shipping fees when compared to the carriers’ offerings. The shipping carriers offer declared value protection that is often costly, and the coverage is contingent on proving they are at fault if a package is lost or damaged. The insurance product offered through Cahoot provides coverage for packages in transit, often at a fraction of what the carriers charge. Shipping claims are typically paid within a week with multiple payment options, in sharp contrast to declared value claims with carriers that can take months.

Some of the benefits of using Cahoot’s insurance offering are:

  • Low-Cost Coverage – Save up to 90% over the carrier declared value costs
  • Broader Coverage – Coverage is all-risk with easy-to-read and understand coverage rules with clear and concise coverage terms
  • Actual Insurance – This is not declared value coverage and does not require proof of negligence
  • Paperless Claims – The claims process usually takes less than one week. A personal claims agent is available to you that is courteous and helpful throughout the process

“Our novel business model and patented software enable Cahoot to offer the highest fulfillment standards in the industry at drastically lower pricing. Partnering with Shipsurance to reduce the cost of insuring packages during transit helps make our service even better and more affordable,” said Cahoot Founder and CEO Manish Chowdhary.

Shipsurance’s all-risk coverage is broader and more robust than declared value coverage. For example, Shipsurance covers a lost package even if the carrier generated a delivery scan if it was mis-delivered. The declared value coverage provided by carriers does not. Shipsurance covers a situation where a package was delivered to the incorrect address.

“Fast and free shipping is essential to delivering a great customer experience. However, most importantly, the buyer must receive their items in good order. Shipsurance’s coverage, rapid-claims processing, and dedicated claims agent bridge this gap – making it a great addition to Cahoot’s fulfillment services,” states Ariel Shmorak, Vice President of Operations for Shipsurance.

Shipsurance is available for all merchants using the Cahoot platform. It’s an excellent combination for merchants looking to expand their reach for one- and two-day delivery services and lower shipping insurance costs. Merchants that signup for Shipsurance via Cahoot by September 15th, 2021, can enjoy an additional 10% discount over the already low rates. Merchants can reach a Cahoot fulfillment expert at http://www.cahoot.ai.

ABOUT CAHOOT

Cahoot is the world’s first peer-to-peer eCommerce fulfillment network that helps online businesses offer nationwide 1-day and 2-day deliveries. Cahoot offers drastically lower fulfillment fees because it enables merchants to store and ship the merchandise for each other. This novel business model also allows merchants to make extra money using their existing warehouse space and personnel. Learn more about Cahoot at LetsCahoot

ABOUT SHIPSURANCE BY ASSURANT

Shipsurance Insurance Services, Inc., an Assurant, Inc. company (NYSE: AIZ), is a shipping insurance provider that offers all-risk shipping coverage for shipments sent via the major shipping carriers at rates often more than 90% less than the carrier rates. Shipsurance provides rapid, online claims processing, with most claims paid within a week. Shipsurance has been insuring eCommerce businesses for over eighteen years, and coverage is underwritten by an ‘A’-rated insurance company.

About Assurant

Assurant, Inc. (NYSE: AIZ) is a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world’s leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters insurance; lender-placed insurance products; and other specialty products. The Assurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future.

Learn more at assurant.com or on Twitter @AssurantNews.

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Source: https://www.prweb.com/releases/shipsurance_partners_with_cahoot_to_offer_discounted_shipping_insurance_to_ecommerce_merchants/prweb17992223.htm

Ecommerce

Chinese sellers on Amazon in hot demand by VCs and e-commerce roll-ups

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Chinese merchants selling on Amazon are having a moment. The scruffy exporters are used to roaming about suburban factory areas and dealing with constant cash flow strain, but suddenly they find themselves having coffee with top Chinese venture capital firms and investment representatives from internet giants, who come with big checks to hunt down the next Shein or Anker. While VCs can provide the money for them to scale quickly, many lack the expertise to help on the strategic side.

This is where brand aggregators can put their retail know-how to work. Also called roll-ups, these companies go around acquiring promising e-commmerce brands for operational synergies. After taking off in the United States, Europe, and lately Southeast Asia, it has also quietly landed in China, where traditional white-label manufacturers are trying to move up the value chain and establish their own brand presence.

The latest roll-up to enter China is Berlin Brands Group (BBG), which aims to buy “dozens of” brands in the country over the next few years, its founder and CEO Peter Chaljawski told TechCrunch. This will significantly boost the German company’s existing portfolio, 14 of which are its own brands and over 20 acquired.

The move came on the back of BBG’s $240 million funding raised from debt and its announcement to commit $300 million on its balance sheet to buying up companies. The firm opted for debt in part because it has been profitable since its inception. The recent funding won’t be its last round and it may use other financial instruments in the future, said the founder.

Chaljawski doesn’t see VC and corporate investors as direct competitors in the hunt for brands. “There are tens of thousands of sellers in China that generate significant revenue on Amazon. I think the VC money applies to some of them, and the roll-up model applies also to only some of them. But ‘some’ is a very, very big number.”

BBG is no stranger to China. The 15-year-old company has been relying on Chinese manufacturers to make its kitchenware, gardening tools, sports gear and other home appliances, with 90% of its products still made in the country today. For the new brand buy-out initiative, it’s hiring dozens of staff in Shenzhen, which Chalijawski dubbed the “Silicon Valley of Amazon,” referring to the southern city’s key role in global export, manufacturing, and increasingly, design.

Amazon alternative

BBG hopes to offer a new way for Chinese consumer products to scale in Europe and the U.S. beyond being an anonymous brand on Amazon. Sellers may want to break free of the American behemoth to seize more control over consumer data, but building a direct-to-consumer (D2C) brand is no small feat.

Many merchants that are good at operating Amazon third-party businesses lack the infrastructure to go beyond Amazon, like an in-house logistics system, said the founder. In Europe, BBG manages 120,000 square meters of fulfillment centers, allowing it to shed dependence on Amazon.

Chinese brands may also want to find Amazon alternatives in Europe, where the e-commerce landscape is a lot more fragmented than that in the U.S, noted Chaljawski.

“If you look at the U.S., Amazon is dominant. If you look at Europe, Amazon only has 10% of the market share of online retail. So 90% is beyond Amazon. In the Netherlands, you have platforms like Bol. In Poland, you have Allegro, and in France, you have other dominant players.”

To bridge the gap for international brands targeting Europe, BBG operates close to 20 D2C web stores in major European countries, aside from selling on Amazon. Its sales growth in the U.S. has also been in full steam. Currently, over 60% of the firm’s revenues come from non-Amazon channels.

BBG is already in advanced negotiations with “some brands” in China but cannot disclose their names at this stage.

Updated the story to clarify the number of brands in BBG’s portfolio.




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Source: https://techcrunch.com/2021/06/22/berlin-brands-group-enter-china-roll-up-amazon-ecommerce/

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Black-Owned Sports Nutrition Brand Better Rebuild Raises $10,000 from…

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“This latest ClearAngel grant reflects our commitment to support early-stage founders from all walks of life who are seeing initial traction, but don’t have the network to raise a traditional angel round,” said Andrew D’Souza, CEO, Clearco.

Clearco, the world’s largest e-commerce investor and the company revolutionizing the way founders grow their businesses, today announced that its ClearAngel program is funding Better Rebuild, a black-owned sports nutrition supplement brand. ClearAngel empowers early-stage founders with access to revenue share capital, data-driven advice, and Clearco’s extensive network of apps, agencies, and investors.

Founded in 2019 by professional bodybuilders and certified personal trainers DeAndre Cannon and Stanford Douglas, Better Rebuild creates high-quality, lab-tested and FDA-compliant sports nutrition supplements designed with performance and recovery in mind. The supplements draw on the founders’ expertise in sports nutrition and have been used by a range of fitness enthusiasts from everyday people to elite athletes. ClearAngel’s resources will help increase the brand’s online presence, increase brand recognition, and launch an upcoming vegan protein line.

ClearAngel is a new,equity-free, flexible capital option for early-stage founders who don’t have the network to raise an angel round or join exclusive accelerators. The program has already funded over 250 companies since its February 2021 launch.

“We’re thrilled to fund Better Rebuild and fuel its mission to provide high-grade nutrition supplements,” said Andrew D’Souza, CEO, Clearco. “This latest ClearAngel grant reflects our commitment to support early-stage founders from all walks of life who are seeing initial traction, but don’t have the network to raise a traditional angel round.”

In addition to $10,000 of flexible capital, Better Rebuild also receives access to a network of more than 500 investors, growth teams, agencies, apps, lawyers, and buyers; and data-driven advice designed to help scale and hit new revenue milestones. Cannon and Douglas will be able to unlock more funding as Better Rebuild completes additional milestones.

“As professional bodybuilders and certified personal trainers, we’re passionate about helping high performers have the tools they need for recovery and growth” said DeAndre Cannon, co-founder, Better Rebuild. “We’re thrilled ClearAngel has empowered our black-owned business and we’re excited to leverage its resources to ultimately help fuel people’s fitness goals,” said Stanford Douglas, co-founder, Better Rebuild.

To learn more about Better Rebuild and experience its high-performance supplements for yourself, visit abetterrebuild.com.

ClearAngel is currently onboarding E-commerce and product companies, and has limited spots available for SaaS, Apps, marketplace and stealth companies. To learn more about applying, visit angel.clearbanc.com.

About Clearco:
Co-founded as Clearbanc in 2015 by Michele Romanow from Canada’s Shark Tank (Dragons’ Den), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearco offers the most founder-friendly capital solutions for e-commerce, mobile apps, and SaaS founders as well as a full suite of products and access to a powerful global network, insights and data, and recommendations. Clearco has invested over $2 Billion in over 4,500 companies to date, including Leesa Sleep, fashion-rental service Le Tote, home goods company Public Goods, shirtmaker UNTUCKit, online speech therapy practice Expressable, and digital real estate marketplace SetSchedule. For more information visit clear.co and @getClearco.

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Source: https://www.prweb.com/releases/black_owned_sports_nutrition_brand_better_rebuild_raises_10_000_from_clearangel/prweb17997694.htm

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Outdoor Event Enables Soft Roll-Out for Berkshire eSupply’s New BESN…

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BES Network Roll-Out from Berkshire eSupply

BESN vastly increases our product offering and global shipping capabilities so our members can sell more, to even more customers.

Mid-May, Berkshire eSupply hosted an outdoor event with Covid precautions to roll out a soft launch of its new global BESN network. BESN is the newly expanded network group by Berkshire eSupply, which stands for “Berkshire eSupply Network.” This network is not only a buying group for independent distributors, but also a global selling group, created to service customers in the US, Canada and anywhere in the world.

The event was invite-only at BESN’s new distribution center and corporate headquarters in Novi, Michigan. It was hosted by Berkshire eSupply’s leadership team and close to fifty suppliers and hundreds of network distribution companies were in attendance.

The Network’s ideal prospects are current Berkshire eSupply distributor customers and independent industrial distributors who want to expand their product offering, eCommerce capabilities, national account coverage and reach. Network membership is available in most countries.

The backbone of BESN is comprised of Berkshire eSupply’s eCommerce tools, inventory, fulfillment and technology solutions.

“Network Power” is the term BESN uses to describe the ability for members to act as one to create more opportunities for sales, nationwide and worldwide. This differs quite a bit from the traditional buying group which may not provide sales opportunities nor inventory and fulfillment. BESN also provides all the category management, buying, inventory stock and eCommerce tools created specifically for MROP distribution. There is nothing else like BESN in the market.

The premise of BESN is, “the whole is greater than the sum of the parts.” By expanding the network’s supply chain to more global manufacturers and distributors, BESN has vastly increased its product offering and its global shipping capabilities so their members can sell more, to even more customers.

BESN is being rolled out selectively in the USA now.

About Berkshire eSupply and BESN Network

At Berkshire eSupply we keep it simple. Berkshire eSupply, affiliated with the renowned Berkshire Hathaway group, is a national wholesale and distribution enterprise in the metalworking, maintenance, repair, and operation supplies(MRO) business sector. With Berkshire eSupply Network(BESN) each distributor member functions independently to serve customers and provide a broad spectrum of technological solutions including outstanding products and brands within its geographical territory, and across the USA to serve national accounts through the Network. BESN’s supply chain is comprised of thousands of companies across the globe including PTSolutions, offering global resources for brands, products and drop shipping to anywhere in the world.

Members of the BESN Network work together to support global and national customers with MRO products and technology solutions, combining to form a powerful procurement arm and selling arm. Network members remain independent and local yet act as national distribution companies. BESN corporate headquarters are located at its ultra-modern, state of the art, fully automated, distribution center in Novi, Michigan. The company also operates hub warehouses in Los Angeles, California, and Houston, Texas.

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Source: https://www.prweb.com/releases/outdoor_event_enables_soft_roll_out_for_berkshire_esupplys_new_besn_network/prweb18005169.htm

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Powerizer Reimagines Home Cleaning Pod With a Versatile Formula That…

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From Max Appel, the mind behind OxiClean and Kaboom, comes a revolutionary line of cleaning products made of a versatile mineral and plant-based formula that eliminates the need for most other home cleaners and detergents.

An average household can have upwards of ten different cleaning products at any one time to tackle all of the different parts of the home, from dishes and laundry to bathroom and auto. Not only are these cleaning products draining your pockets, but they are contributing to plastic usage and waste.

That’s why Max Appel, also known as “Magic Max,” decided to create a versatile cleaning formula that can effectively “power out” any household messes, stains, mold, odor, and residue, saving you money, time, and energy—at the same time, minimizing the ecological footprint that our products have on the environment.

Made from eco-friendly and naturally derived ingredients, Powerizer Complete is a concentrated formula that uses the power of oxygenation and natural enzymes to clean your home effectively and safely.

Available in powder detergent and cleaning pods, Powerizer Complete provides a convenient and affordable way to clean laundry, dishes, kitchen, bathroom, carpet, and every surface of your whole house, inside and out. Powerizer’s All-In-One Cleaning Pods effectively clean everything dirty with no residue or toxic smells left behind.

Powerizer Complete also eliminates the need for other laundry and dish additive products such as fabric softener, soap booster, water softener, rinse aids, and more. Plus, Powerizer Complete helps clean your dishwasher and washing machines during each load, so you don’t have to worry about mold, odor, or build-up.

Simply one scoop of the powder formula or a single pod is powerful enough for a dishwasher cycle or load of laundry. Putting the same amount in a bucket of water can create enough multipurpose cleaning solution for an entire kitchen or bathroom, shower, and tile cleaning task.

Powerizer believes that cleaning should be easy and convenient as well as effective and toxin-free. Marsha Acosta, CEO of Powerizer, believes that today more than ever, cleaning products are essential to maintain a clean home and work environment. Providing better choices, Powerizer effectively removes odors, stains, and residue without hazardous health and impacts the environment, litter, and natural resources.

Powerizer Complete Pods are available for purchase on powerizerclean.com and Amazon.

For more information on Powerizer, visit powerizerclean.com and/or contact Nicole Abunassar at nicole@nkgroupe.com.

About Powerizer

Powerizer LLC. is a clean company through and through! Its mission is to simplify consumers’ lives with high-quality cleaning products that reduce toxic waste and preserve the earth for future generations. Founded by Max Appel, the inventor behind OxiClean and Kaboom, Powerizer continues to revolutionize everyday products. Complete, concentrated, convenient, and conserving – these are the features guaranteed with every product because clean and green go hand-in-hand.

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Source: https://www.prweb.com/releases/powerizer_reimagines_home_cleaning_pod_with_a_versatile_formula_that_tackles_laundry_and_dish/prweb18019817.htm

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