What's up with instacart sending me two 50 dollar off coupons for shopping from walmart and bed bath. Is the vaccination hurting instacart volume so they need these expensive coupons to buy growth? This reminds me of uber before the ipo. The strategy for instacart post pandemic seems to be to focus on general merchandise delivery from walmart and bigger stores. But this is a tall ask, as anyone in e-commerce knows that traffic is very expensive and conversion rates on something like instacart will be very hard to match merchant sites. I keep hearing ads is their next big thing, but without users ads are meaningless. Also ads on milk and food are not very lucrative as they are low margin commodities. Is instacart overvalued at 39b?
Can someone explain why it will go to 100b?
Profitable for 3 quarters and bad financials?
You do understand the pandemic situation.. their main driver is gone now effectively
Take a look at how things sold on Instacart are 10% more expensive than what’s sold in store and you’ll know where the $50 comes from.
For me, it almost same price atleast on Walmart. They have my business until we are vaccinated in Canada. Walmart’s own e-commerce solution is a huge mess.
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I buy games from Walmart whenever they give me this offer.
You know I bought a bunch of toilet paper and tide detergent and trash bags. In the end I think I saved only 20 bucks due to all the markup and random fees
Yep, it’s not 50% off exactly. But it’s probably still better than driving and buying directly.