Packaging industry disruptor Packform is writing checks up to $20,000 to potential customers looking for a cheaper, faster, and better service than their current packaging providers.California, USA - On March 4, 2022, Packform sent out checks to businesses in America to buy packaging products on their platform with no further obligation.
Packaging is very diverse and complex, and, as such, the industry has evolved to be highly fragmented, employs an aging salesforce, and hasn’t adopted digital technology. Sales staff and brokers spend 80-90% of their time on account management functions (chasing quotes, checking delivery quantities, adjusting customer invoices, etc.) rather than focussing on sales and business development. Combine that with highly capital-intensive operating structures (warehouses, stock, staff, etc.) depending on antiquated systems and processes. What you find is an industry ripe for disruption.
Packform is the technology company disrupting the 926 billion dollar global packaging industry. Co-founded by entrepreneurs Philip Weinman, Preston Geeting, and Peter Williams, it is the world’s first managed marketplace for buying and selling stock and custom packaging. Packform has seen exponential growth since its U.S. launch and has won several awards recognizing its status as the fastest-growing packaging technology company globally.
Packform has created a one-stop-shop marketplace for all things packaging, making the process for shipping faster, cheaper, and more efficient. They are currently putting their money where their mouth is and running a check campaign to showcase their confidence in their company. They are betting their bottom line on consumers’ happiness with their service.
About Philip Weinman
Philip Weinman is a respected business leader and speaker regularly listed as one of Australia’s leading and most successful entrepreneurs. He’s founded 17 fast-growing companies and is a highly successful innovator. He is known for his track record of spotting a niche and disrupting industries with new products and services that change the sector and improve the way people live and work.
About Preston Geeting
Preston is a Co-founder of Packform. Along with Philip Weinman and Peter Williams, he recognized the opportunity to transform the antiquated packaging industry with innovative technology, creating new service levels, better customer experience, and more significant opportunities for all involved. As of 2020, Packform officially became the fastest-growing packaging company and won the gold International Stevie Business Awards for Technology Startup of the Year.
About Peter Williams
Peter Williams was a Founder and CEO of Deloitte Digital, one of the fast-growing management consulting arms specializing in digital technology. Peter now runs the Australian chapter of Deloitte Center for the Edge. This role involves research into the significant shifts that are changing our society and institutions. Peter also does public speaking and private consulting through Rexster Consulting.
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