Collaborate Disseminate
After rocketing to a $250 million valuation in 2015 amid a massive hype cycle for on-demand companies, on-demand startup Shyp is shutting down today. CEO Kevin Gibbon announced that the company would be shutting down in a blog post this afternoon. The company is ending operations immediately after, like many on-demand companies, struggling to find […] Continue reading On-demand shipping startup Shyp is shutting down
For the past two years, Shyp has been ramping up its efforts to appeal to businesses as a go-to, more simplified shipping service. That started off with a big partnership with eBay to help sellers ship their products. And that’s continuing today with a new model for business shipments that caters directly toward sellers looking to move a large number of products. Starting today, Shyp… Read More Continue reading Shyp’s business efforts ramp up with bulk shipments and new pricing
Shyp has finished rolling out a new packaging pricing model to all its customers that includes variable shipment pricing based on the packaging that the company provides. Shyp is still playing around with its business model and, to be sure, over time these tweaks will add up. The unit economics of on-demand services aren’t quite as simple as a $5 fee (plus postage) and require a… Read More Continue reading Shyp rolls out its new packaging pricing model to all customers
Shyp is now charging a $5 handling fee for its online returns in addition to its regular pickup fee and postage costs.
Shyp’s big play has been that it’ll charge a simple $5 fee, plus postage, for a quick pickup and delivery. It expanded into online returns in March last year after noticing an increasing percentage of its user base began returning items through the service. That… Read More Continue reading Shyp added another fee to its online return shipments