Coolomat Market

The grocery market has been slow to adopt online sales, but the latest trends show that it is about to change. Online grocery market is on the rise, but for further adoption it must solve several obstacles, among them the last-mile delivery challenge. Different players try to approach this challenge differently; our unique solution is the network of cooling Click & Collect pick-up point devices – Coolomats. The model is already in use as it has been successfully implemented in Poland, where Coolomats have been well accepted, making it only the starting point of the network we want to build in multiple cities around the world. Based on our experiences, we are sure to furthermore disrupt the global grocery market, one of the biggest consumer markets, which is forecasted to reach $11 trillion in 2021*. Current grocery market is still dominated by big brick & mortar retail chains, which causes several anomalies on the market. Retailers are pushing producers to lower their prices, yet not transferring these price savings to end consumers and not participating in producer’s risks. End consumers are confronted with highly priced convenience foods and yet they cannot influence the supply as they could if they had a more direct access. This can be changed but requires a different business model for online grocery sales. We envisage a global ecosystem of consumers and producers, big and small being directly connected through a global e-commerce platform and approaching the markets locally. To build this, we want to develop an innovative online marketplace, THE COOLOMAT Market, using blockchain and open source technologies plus a network of Coolomats. In Warsaw, the capital of Poland, there exists a network of 30 Coolomats, making it the first grocery Click & Collect device network globally.