Right now the whole process takes place on Apple’s (AAPL) iPhone were customers order goods, and eBay sends a “valet” to a local store to buy the good, and then deliver it to their house. The service is still beta-testing in San Francisco and New York City, but if the company can make it work in those regions you can expect to see it in a city near you soon.
Online shopping continues to grow in popularity, as evident by the record number of online sales we witnessed last month over the Black Friday weekend, yet there are still plenty of people that are weary of online shopping. Security issues remain a concern, but it has been around long enough that most people have overcome these fears.
What are your thoughts? If you are among the people that have resisted moving your shopping online, will same day delivery be enough to convince you to start considering it?
Michael Fowlkes is a financial writer who has been with the Fresh Brewed Media family since 2004. Over the course of his tenure with Fresh Brewed Media, he has worn many hats, including portfolio manager, options analyst, and writer. Michael received his undergraduate degree from Virginia Tech in Accounting and got his start in finance working as a stock trader for six years at Chase Investment Counsel in Charlottesville, Va. His articles typically cover big-picture events and forecasting what impact they will have on the stock market. In addition to writing for Fresh Brewed Media, Michael also wrote for AOL's BloggingStocks for three years, focusing most of his attention on the energy and technology sectors.