In an effort to standout from competitors, a new startup called Floyd is offering same-day delivery on select home furnishings.
The only thing that can negate the excitement of ordering a new accent piece for one's home is the lengthy waiting period that's typically associated with delivery models. Floyd achieves this same-day delivery offering through its uniquely streamlined inventory system, which consists of multiple, fully stocked warehouses situated in popular delivery areas.
The Detroit-based company boasts a minimalist aesthetic and price point that appeals to Millennials, with an eCommerce model that appeals to any fan of convenience.
The same-day delivery service is currently available in New York and San Francisco.
Same-Day Home Furnishing Deliveries
The Home Furnishing Company Floyd Offers Same-Day Delivery
Trend Themes
1. Same-day Home Furnishing Deliveries - Disruptive innovation opportunity: Streamlining inventory system and offering same-day delivery to stand out from competitors.
2. Minimalist Aesthetic and Affordable Prices - Disruptive innovation opportunity: Catering to Millennials by providing minimalist designs at an appealing price point.
3. Convenient Ecommerce Model - Disruptive innovation opportunity: Emphasizing convenience by implementing an eCommerce platform for home furnishings.
Industry Implications
1. Furniture Retail - Disruptive innovation opportunity: Adopting same-day delivery and efficient inventory systems to stay competitive in the market.
2. Ecommerce - Disruptive innovation opportunity: Capitalizing on convenience by offering same-day delivery for home furnishing products.
3. Warehousing and Logistics - Disruptive innovation opportunity: Creating fully stocked warehouses strategically located in popular delivery areas to facilitate same-day deliveries.