The Alkaline Water Company Enters the “Quick Commerce” Space in New York and Los Angeles by Partnering with Ohi
Alkaline Water Company (NASDAQ: WTER) announces a partnership with Ohi for rapid delivery options. Starting November 2021, Alkaline88® will be available for 2-hour, same-day, and next-day delivery in New York City and Los Angeles. The collaboration aims to enhance the e-commerce experience for customers, with plans to expand to eight more cities by Q1 2022 and 25 cities by the end of the year. This initiative supports the company's growth strategy and sustainability goals, reflecting a significant boost in customer engagement and convenience.
- Launch of 2-hour delivery options in major markets, enhancing customer convenience.
- Expected 120% increase in repeat purchases and 28% rise in cart conversion through Ohi's platform.
- Plans for expansion into additional cities, increasing market reach.
- None.
2-Hour, Same-Day, and Next-Day Delivery Options Will Be Available in the Country’s Two Largest Markets in November 2021
Alkaline88 and Ohi Will Expand This Service to 8 Additional Major Cities in Q1 of 2022
“As one of the country’s leading innovators in functional hydration,
“E-commerce is a vital channel for the future growth of
“The Alkaline Water Company knows how important the post-purchase experience is and that their customers want to be able to enjoy the company’s Alkaline88® beverages as quickly as possible once they’ve ordered,” said
About
Founded in 2012,
To purchase The Alkaline Water Company’s products online, visit us at www.alkaline88.com.
To learn more about
About Ohi:
Ohi is the leading instant commerce solution for direct-to-consumer brands looking to grow their business by enabling powerful post-purchase experiences. Leveraging its proprietary, data-driven inventory management technology and robust microwarehouse platform to forward position inventory within city centers, Ohi enables brands to offer a premium, environmentally responsible, instant delivery experience to their customers.
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, that beginning in November, customers in
The material assumptions supporting these forward-looking statements include, among others, that the demand for the Company’s products will continue to significantly grow; that the past production capacity of the Company’s co-packing facilities can be maintained or increased; that there will be increased production capacity through implementation of new production facilities, new co-packers and new technology; that there will be an increase in number of products available for sale to retailers and consumers; that there will be an expansion in geographical areas by national retailers carrying the Company’s products; that there will be an expansion into new national and regional grocery retailers; that there will be an expansion into new e-commerce, home delivery, convenience, and healthy food channels; that there will not be interruptions on production of the Company’s products; that there will not be a recall of products due to unintended contamination or other adverse events relating to the Company’s products; and that the Company will be able to obtain additional capital to meet the Company’s growing demand and satisfy the capital expenditure requirements needed to increase production and support sales activity. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, governmental regulations being implemented regarding the production and sale of alkaline water or any other products; additional competitors selling alkaline water and enhanced water products in bulk containers reducing the Company’s sales; the fact that the Company does not own or operate any of its production facilities and that co-packers may not renew current agreements and/or not satisfy increased production quotas; the fact that the Company has a limited number of suppliers of its unique bulk bottles; the potential for supply-chain interruption due to factors beyond the Company’s control; the fact that there may be a recall of products due to unintended contamination; the inherent uncertainties associated with operating as an early stage company; changes in customer demand and the fact that consumers may not embrace enhanced water products as expected or at all; the extent to which the Company is successful in gaining new long-term relationships with new retailers and retaining existing relationships with retailers; the Company’s ability to raise the additional funding that it will need to continue to pursue its business, planned capital expansion and sales activity; and competition in the industry in which the Company operates and market conditions. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of
View source version on businesswire.com: https://www.businesswire.com/news/home/20211021005246/en/
Director of Investor Relations
866-242-0240
investors@thealkalinewaterco.com
Media
888-461-2233
jessica@elev8newmedia.com
Media Contact for Ohi:
mmcmullan@bcg-pr.com / dpoggi@bcg-pr.com
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