“The one thing that we got extremely right about the Webvan investment was that there would be huge consumer demand for home delivery of groceries," he says. "It’s just taken time for technology to finally catch up." I don't understand this at all and would really appreciate any enlightenment. What has changed in technology in the past 12 years to enable home grocery delivery? Broadband? Cloud storage? HTML5? AJAX? F…
All of these new services that enable poor or lower-income people to serve rich people (Uber, TaskRabbit, Instacart) have been enabled by two main things: an economic recession that permanently eliminated a lot of jobs and the recovery which drove economics gains to the 1%, and smartphones, which allow the customers or workers to send or receive requests at any time.
Instacart: Crowdsourcing Your Grocery Shopping
41–49 of 49 posts
Re: Instacart: Crowdsourcing Your Grocery Shopping
#42Earlier quoted context omitted.
> All of these new services that enable poor or lower-income people to serve rich people (Uber, TaskRabbit, Instacart) have been enabled by two main things: an economic recession that permanently eliminated a lot of jobs and the recovery which drove economics gains to the 1% The 1% don't use Uber, TaskRabbit, or Instacart; they have actual personal drivers, servants, and chefs.
I'm using the word "1%" in the recently popularized figurative sense, the people who make enough money to outsource things like hailing a taxi or doing grocery shopping.
so how many % is the recently popularized figurative 1%?
Re: Instacart: Crowdsourcing Your Grocery Shopping
#43Mike Moritz doesn't get out of bed for less than a billion dollars - http://techcrunch.com/2010/09/28/mike-moritzs-midas-touch-gr... Looks like Instacart is on the right path to a massive IPO :) Good work guys!
Mike Moritz has invested in as many duds as successes.
Re: Instacart: Crowdsourcing Your Grocery Shopping
#44Re: Instacart: Crowdsourcing Your Grocery Shopping
#45Earlier quoted context omitted.
I'm using the word "1%" in the recently popularized figurative sense, the people who make enough money to outsource things like hailing a taxi or doing grocery shopping.
"the recently popularized figurative sense" so how many % is the recently popularized figurative 1%?
Re: Instacart: Crowdsourcing Your Grocery Shopping
#46Jk, congrats! Instacart rocks and aside from delivering groceries, is creating work and income to a lot of people who really need it.
The so called "99%" won't be saved by politicians, but rather companies like Instacart.
Re: Instacart: Crowdsourcing Your Grocery Shopping
#47Re: Instacart: Crowdsourcing Your Grocery Shopping
#48Earlier quoted context omitted.
This is my attempt at a guess: -- For the user, it's easier than ever to place an order. Internet connection speeds are fast, smartphones have snappy native apps, 3G is everywhere -- so you can order groceries on the ride home. You can quickly download 100 images of products on the bus ride home and pick the ones you want (for example). -- For Instacart, processing those orders at scale is also easier than ever. EC2…
I am curious what InstaCart could do better at, since you said you are a former patron.
What might bring me back is a cost incentive on repeated purchases, say by offering 10% off if I sign up for regular monthly deliveries of common household items.
Re: Instacart: Crowdsourcing Your Grocery Shopping
#49Earlier quoted context omitted.
Oh, there's a per-item markup as well? How big is that?
You can look at Safeway/Trader Joe/Whole Foods prices and compare it to Instacart's to figure that out. That being said, do you ask Safeway/Trader Joe's/Whole Foods what their markup is? The only reason you care is because it's not completely hidden from you.