September is here and sees a new wholesaler enter the UK office products market. Jetzt , with backing from Chinese investors, has been founded by Mike Atkinson, former director at Rymans.
Jetzt is offering over 50,000 SKUs with final mile delivery. In addition, a 90 minute UK wide delivery will be available on 1,500 core lines. It is set to launch its website and accompanying app next month.
Whilst it has not yet been confirmed, it is rumoured that the Chinese investment is from Chinese e-commerce giant, Alibaba.
With ambitious plans for the business, Mike Atkinson is confident Jetzt will be able to compete with the might of Amazon Business, which has made such an impact on the OP market since its launch in April 2017.
The 90-minute delivery service has been trialled successfully in London whilst Atkinson was at Rymans, so he is assured that it can be put into operation throughout the country. To instigate the service, Jetzt has also teamed up with Uber and Deliveroo.
Jetzt Focus on Retail
Having come from a retail background at Rymans, Atkinson is focussing on the retail market. Jetzt has taken a lease for 98 stores, half of which are on the high street.
“Because the Jetzt board is significantly retail focused, there’s a plan to expand into physical stores and to take advancements in retail and implement them in to our channel service. This includes the provision for surge pricing, regional pricing, flexed price file algorithms and VR options. This gives resellers a much more comprehensive online offering than the typical site.”
Heading the retail side of the business is ex B&M and Iceland director Carl Allen. Logistics will be aided by a national grocery retailer at a further 631 locations.
These stores will hold pack sizes for both B2C and B2B customers. The lines included in the 90-minute delivery service will be available.