4 ms·
1% is pretty high theft rate. 1% means if you get a package every week, once in 2 years one will be stolen. Or it means in a city of 100,000 1000 people will ha
by thinkingemote 7y ago
1% is pretty high theft rate. 1% means if you get a package every week, once in 2 years one will be stolen. Or it means in a city of 100,000 1000 people will have thefts of their packages.
- thinkling 7y ago"Around the country, more than 1.7 million packages are stolen or go missing every day" (no indication what % this is) https://www.nytimes.com/2019/12/02/nyregion/online-shopping-package-theft.html https://www.nytimes.com/2019/12/02/nyregion/online-shopping-...
- sib 7y agoA different way of looking at it is, with ~5 packages that were likely stolen out of 2,000 or so delivered, that's about a 1/4% loss rate, which is much lower than the typical retail store suffers from shoplifting. So, it's pretty much priced into their margins already.