Linkbox

A smart, IoT-enabled drop box is installed in front of a house to automatically pick up deliveries 24/7 without requiring anyone to be home. The box offers an advanced solution to the problem of failed first-time deliveries. Studies in the delivery industry indicate that between 8% and 20% of shipments globally are not delivered on the first attempt, increasing costs and reducing customer satisfaction. LinkBox addresses this issue by enabling delivery companies to securely deposit shipments inside the box using a smart locking mechanism and digitally documenting the pickup time. This significantly reduces non-delivery incidents and improves the efficiency of last-mile delivery in e-commerce. It also provides a high level of privacy and security for homeowners, as shipments are stored in a locked and monitored box instead of being left at the door or with security guards or neighbors. LinkBox targets the smart drop box and parcel locker market, a global market growing at an annual rate of 11%–13% according to recent reports, driven by the growth of e-commerce and the need for innovative last-mile solutions. This growth makes LinkBox a promising opportunity to establish a network of home boxes linked to a digital platform, through which diverse revenue models can be achieved, such as selling boxes to individuals, monthly subscription to the service, and B2B contracts with delivery companies and online stores.