Instacart credit card offers entry point to membership

Author

Stephen Babcock
July 25, 2022

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The grocery delivery service partnered with Visa to create a Mastercard that offers cash back on purchases, as well as a free year of the Instacart+ membership program. It's the latest example of how financial services are becoming a part of the equation for an ecommerce business to attract customers, and create stickiness.

With goods already being shipped and holiday shopping starting earlier each year, planning for the season of gifting is getting underway. This year, brands and consumers will both want to be cost-conscious. This list offers ideas to strike a balance, such as discounting in bulk and kitting products. – Practical Ecommerce

The economy is showing signs of "worrying deterioration," S&P Global says in its initial look at activity across the manufacturing and services sectors for July. The contraction is coming at a rate not seen since the early pandemic downturn, and 2008 recession.

Data that is set to be released this week from the federal government and corporate earnings reports will provide a snapshot of the current state of the US economy and consumer behavior as 40-year-high inflation continues. Those watching for signs of a soft landing should circle Wednesday. That's when the Federal Reserve will announce its latest decision on whether to hike interest rates.

The move to suspend Sunday service will come in “lower-population” markets. While adding an extra day allows customers to receive packages more quickly, the practice has hurt the bottom line for independent contractors. – FreightWaves

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