This is why you support your local owned small business shopper.
- Jess F
- Jun 29, 2020
- 1 min read
Stop letting them 🥕 take away 💸 your values!!! original post link: https://www.supermarketnews.com/blog/how-instacarts-pricing-changes-impact-retailers?fbclid=IwAR0dWhzWiitzWIftzeFKD5V-QvFVV6-SjogHUG71dCIPSbNgQ-KTT-rIU6s
How much does Instacart mark up in-store prices?
According to Instacart’s website, Instacart charges the same in-store prices for some retail partners (e.g., Whole Foods) but a “15%+” markup for others (e.g., Costco). Instacart explains that “the average price of items on Instacart is 15% higher or more compared to the average price of that retailer in your local area.” The “15%+” markup is also used as one of Instacart’s mechanisms to highlight their grocer partners from non-partnered grocers.
To better understand Instacart’s markup, in September 2015, Profitero collected 60 products’ in-store prices at Costco stores across 10 zip codes in 5 metropolitan areas: New York, Atlanta, Chicago, Los Angeles and Seattle. On average, Instacart charged a 23% markup over store prices on the same items, 8 percentage points higher than the 15% quoted. #JessLovestoHelp #SupportSmallBusiness #DumplingDifference #COSTCO #DCMDVA
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