INTERESTING ARTICLE ONLINE TODAY
Wal-Mart’s (NYSE:WMT) latest move to venture into customers’ home could play a big role in bringing new growth opportunities to the world’s largest retailer.
Wal-Mart’s (NYSE:WMT) latest move to venture into customers’ home could play a big role in bringing new growth opportunities to the world’s largest retailer. It launched an online grocery delivery service ”Walmart To Go” that allows customers to purchase food, health-and-beauty products, medicine and other basic household goods online and have them delivered to their doorsteps.
Will home delivery take hold ?
Wal-Mart is presently testing the home grocery delivery service in San Jose, California. We believe with increasing modernization and Internet penetration, it is very likely that customers’ tendency would tilt towards being more aware about prices and at the same time shifting preference towards spending less time on running errands. There is a large number of customers who dislike spending weekends on grocery shopping.
The home delivery alternative could find a pent up demand for such customers. According to survey results from Booz & Co. and the Grocery Manufacturers Association, about 62% of shoppers research online deals before heading out to shop at least 50% of the time. [1]
We believe home delivery service has prospects of being successful on a larger scale by engaging customers who love being served at home.
full article here
http://www.trefis.com/articles/61017/will-home-delivery-be-next-growth-driver-to-wal-mart/2011-06-08
What does this mean for MPB Today?
Richard Ireland, Safety Harbor, FL
The Grocery Home Delivery business is currently a $1
BILLION industry. Projected to GROW to $85 Billion in the NEXT 5-10 years, with a current retention rate of over 80%.
SO in the next 5-10 years virtually everyone you know will have the option of grocery home delivery, With or WITH OUT you, With or WITH OUT MPB TODAY.
You have the option of waiting and watching that happen.
OR
You can play a roll in making that happen. And get a
small piece on an $85 Billion industry.
You can be a part of the force that brings Grocery Delivery to your neighborhood and the Neighborhood's of the people you know AND GET PAID FOR DIONG IT.
Residually- OVER & OVER & OVER again.
QUESTION? WHY NOT?