Sunday, March 7, 2021
Only Bitcoin Market News
Advertisement
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
Only Bitcoin Market News
No Result
View All Result

Shipt Keeps An Eye On The Personal Touch | PYMNTS.com

7 months ago
in Cash
3 min read
Shipt Keeps An Eye On The Personal Touch | PYMNTS.com
Share on FacebookShare on Twitter


Share

Tweet

Share

Share

Share

Print

Email

For some companies, the digital shift has been more seismic than subtle. Shipt is one of those companies. Owned by Target, the shopping and delivery service has seen a business spike in numbers that are massive even in the context of the current crisis. Among them: a 278 percent revenue bounce in Q1 2020 versus 2019.

In fact, Shipt is four or five years ahead of plan, as Chief Operating Officer Bridget Fruit told PYMNTS CEO Karen Webster. Pre-pandemic, the company projected that online grocery delivery would hit around $20 billion around 2025. According to Fruit, the industry is close to seeing those numbers now. She pointed to other data to support that growth, including last year’s estimate of 13 percent of all shoppers trying online grocery. Now, Target’s projections put that number at 35 percent.

The pandemic-fueled digital shift is certainly the driving force in that growth — but Fruit believes the personal touch Shipt builds into its business model is also important.

“We see Shipt as a service that gives time back to households that are busy and need to spend their time elsewhere,” Fruit said. “Our whole strategy revolves around how we take technology and human connections to create an amazing experience. We believe that this human connection point, these authentic relationships, help make every individual feel that their needs count. And so for us, personal interaction is very important.”

Shipt is different than most grocery or home delivery services, Fruit noted. From the company’s end, it’s curated. The retailers it chooses to work with (currently numbered at around 100) are vetted by the company before being added to the roster. In addition to parent company Target, that current roster includes H-E-B, Meijer, Petco, CVS, Costco and, most recently, natural foods market Fresh Thyme.

One of the advantages of being a Shipt partner is data. Fruit is very clear with retail partners that anonymous customer data will be shared with that retailer only. As she pointed out, this creates a stronger bond with the retailers and enables both them and Shipt to optimize their pick-up and delivery options. For example, some customers would rather have a shopper purchase their items and then set up for curbside pickup. Shipt also has retail partners that maintain their own curbside pickup arrangements, but contract with Shipt for delivery services. The key is flexibility between Shipt and the retailer.

The next differentiator is with the shoppers. The company doesn’t merely hire delivery people — it hires shoppers who interact via phone and text with their clients. In fact, Shipt users can request a particular shopper. The original business model also called for subscriptions to the service, but during the pandemic that was adjusted to let users pay a fee for individual shopping and delivery services.

The company currently has 200,000 shoppers, double the number it had at the beginning of the…

Related articles

This year I stand to make $200 million more than Elon Musk

This year I stand to make $200 million more than Elon Musk

March 7, 2021
Why the rise of bitcoin could be the first shot in a currency revolution | CBC News

Why the rise of bitcoin could be the first shot in a currency revolution | CBC News

March 6, 2021



Read more:Shipt Keeps An Eye On The Personal Touch | PYMNTS.com

Tags: bitcoin news todayEyePersonalPYMNTScomShipttouch

Related Posts

This year I stand to make $200 million more than Elon Musk

This year I stand to make $200 million more than Elon Musk

by Bitcoin Market
March 7, 2021
0

Elon Musk, the chief executive of Tesla, recently announced his company had bought US$1.5 billion (almost A$2 billion) of...

Why the rise of bitcoin could be the first shot in a currency revolution | CBC News

Why the rise of bitcoin could be the first shot in a currency revolution | CBC News

by Bitcoin Market
March 6, 2021
0

Oliver Dobson lives in a town outside of Canada's financial nerve centre, a nearly three-hour drive from Toronto. How he...

Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH

Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH

by Bitcoin Market
March 6, 2021
0

Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH Cointelegraph Read more:Price analysis 3/5:...

21Shares to launch the world’s first centrally cleared ethereum and bitcoin ETPs

21Shares to launch the world’s first centrally cleared ethereum and bitcoin ETPs

by Bitcoin Market
March 5, 2021
0

Subject to approval, the products will trade on the Deutsche Boerse from 9 March 2021 21Shares is set to...

Rumors Circulate – PayPal to buy Curv, a crypto storage provider

Rumors Circulate – PayPal to buy Curv, a crypto storage provider

by Bitcoin Market
March 5, 2021
0

After a few weeks of speculation, reports now show that PayPal is gearing up to buy Curv, a new...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

June 8, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
5 Cryptocurrency Staking Providers – A Review | Hacker Noon

5 Cryptocurrency Staking Providers – A Review | Hacker Noon

January 30, 2021
North America’s first bitcoin ETF launches in Canada today

North America’s first bitcoin ETF launches in Canada today

February 18, 2021
Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

February 18, 2021
Suze Orman: Why ‘I love bitcoin’

Suze Orman: Why ‘I love bitcoin’

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Suze Orman: Why ‘I love bitcoin’

Suze Orman: Why ‘I love bitcoin’

March 7, 2021
India May Allow Experiments In Crypto Instead Of Ban, Says FM Sitharaman

India May Allow Experiments In Crypto Instead Of Ban, Says FM Sitharaman

March 7, 2021
JPMorgan Sends Its Private Clients a Primer on Crypto

JPMorgan Sends Its Private Clients a Primer on Crypto

March 7, 2021
Contango And Over Collateralization

Contango And Over Collateralization

March 7, 2021
Suze Vs. Janet On Bitcoin

Suze Vs. Janet On Bitcoin

March 7, 2021
Operation Hidden Treasure Is Here. If You Have Unreported Crypto, Get Legal Advice

Operation Hidden Treasure Is Here. If You Have Unreported Crypto, Get Legal Advice

March 7, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • bitcoinBitcoin(BTC)$50,656.003.53%
  • bitcoin-cashBitcoin Cash(BCH)$513.622.15%
  • binance-coinBinance Coin(BNB)$229.96-0.56%
  • bitcoin-goldBitcoin Gold(BTG)$29.142.48%
  • bitcoin-privateBitcoin Private(BTCP)$0.34510.24%
  • blocktixBlocktix(TIX)$0.0140.00%