A startup from Seattle, Flexe has gained massive popularity among the e-commerce supply chain within two years as it offers overnight ground delivery to any part of U.S. The prime reason for its popularity is its unique business model that has made merchants prefer this company over Amazon.
Flexe has become a success story during the last five years by creating marketplace of extra storage space in 550 warehouses. Subsequently, it has a better coverage than amazon.com Inc. What makes Flexe more interesting is the fact that the company has not spent a dime on its facilities whereas Amazon has done it by investing billions.
Flexe currently owns 25 million square feet of storage. Moreover, it plans to increase this capacity by another 10 million square feet this year. Merchants book their storage space by using a website where they acquire spaces for a short time period. As a result, it operates on the working model of Airbnb of short term lodging space acquired by travellers.