Video: eGrocery Insights - May 2024

In this latest episode of the US eGrocery Sales Trend video series, Mark Fairhurst, Chief Growth Officer at Mercatus, David Bishop, Partner at Brick Meets Click jump right into May '24 $6.8 billion in eGrocery sales, a slight decline from one year ago.

Providing essential insights for grocery retailers, suppliers, and analysts, the conversation between Mark and David includes many topics such as:

• New feature: Why this installment is dedicated to Richard Szwanek, Senior Director of eCommerce at Albertsons Companies
• How the slip dip for May '24 was expected
• Strategies for dealing with the growth of Mass
• What to expect in the short-term relative to the economic pressures and online grocery sales

Chapters

0:00 - Introduction & special call out to Richard Szwanek, Senior Director of eCommerce at Albertsons Companies

2:06 - The Impact of Seasonal Patterns on Sales ‍

4:24 - Role of Promotions by Instacart and Walmart

‍6:44 - Subscription Models and Customer Retention

‍8:53 - Conversion Challenges: Third-Party to First-Party Services‍

13:27 - Predictions: Summer Sales and Economic Pressures‍

20:15 - Conclusion