4 ms·
Challenge often becomes an opportunity. Instacart recently landed Publix who has MUCH higher market share in the markets they serve. Disclaimer: I'm an Instaca
by baccredited 9y ago
Challenge often becomes an opportunity. Instacart recently landed Publix who has MUCH higher market share in the markets they serve.
Disclaimer: I'm an Instacart investor.
- shimon 9y agoInstacart's service model, which allowed them to scale up really fast and cheap, should also allow them to scale down fast and cheap. They still have a brand, customer relationships, and demonstrated credibility partnering with retailers. I'd say the company will be fine, but many of their workers will face tough choices soon.
- hn_throwaway_99 9y agoChallenge will be that folks who shop at Whole Foods (aka Whole Paycheck) are already relatively price insensitive compared to people who shop elsewhere. Instacart was such a good match for WF because it's the same demographic of people who are willing to pay a lot for convenience. Your average Publix shopper is likely to be much more price sensitive.
- astrange 9y agoWhole Foods is reasonably priced for actual food. They just have a different approach to high-margin products where instead of Twinkies they sell you special homeopathic Twinkies.
- hn_throwaway_99 9y agoI call BS. I really like Whole Foods, but they are WAY more expensive to fill a "normal" grocery list than a place like Publix. Granted, a lot of that is because they only sell more expensive versions of things (e.g. sometimes organic-only produce, and their meat especially tends to be much more expensive), but it's still very difficult to shop cheaply at WF.