Morning Brew - ☕️ IRL eBay

Instacart and DoorDash want customers to order even more.
Morning Brew April 09, 2021

Retail Brew

Pilot

Good afternoon. By the time we put together today's newsletter, votes on whether to unionize at Amazon's Bessemer, AL, warehouse had decisively swung in Amazon's favor. More than half of workers voted "No."

You can read more about the vote, and its implications for retail, here and here.

In today’s edition: 

  • DoorDash and Instacart credit cards
  • EBay’s authentication tour 
  • West Elm introduces an influencer network

Halie LeSavage, Katishi Maake

PAYMENTS

Swipe Life

DoorDash credit card being swiped in card swiper

Francis Scialabba

Two major delivery services—DoorDash and Instacart—are cashing in on pandemic success with plans to launch their own credit cards, sources tell the WSJ. 

Our angle: DoorDash’s card is particularly interesting, as it’s reportedly seeking restaurant and store partners to offer cardholders promotions, rewards, and discounts. Instacart’s, at least for now, is focused only on straight-up cash back.

  • DoorDash also wants to provide cardholders premier access at events, “such as curated experiences with participating merchants.” 
  • The company is currently fielding offers from 10+ banks and fintech companies, including JPMorgan Chase and Deserve. Instacart has reportedly already picked JPMorgan.  

A win-win: DoorDash’s card could drive more traffic to its partners, while encouraging customers to continue to use its service.  

  • FWIW, both companies have recently expanded beyond grocer and restaurant partnerships, into segments like office supplies and apparel. 

Once this is all over

The credit cards are meant to help DoorDash and Instacart hold onto their newly expanded customer bases as the pandemic wanes and demand for delivery (most likely) softens.

A plurality of US adults (43%) plans to shop mostly in-person post-pandemic, according to our March 2021 Morning Brew-Harris Poll survey. And while respondents expressed some desire to continue using delivery apps and ordering groceries online, DoorDash and Instacart are likely bracing for some sort of backslide. 

Rewards-based cards that help defray the cost of delivery fees could resonate:

  • 50% of US adults say they’re now more sensitive to the cost of items than they were pre-pandemic, per our survey. 
  • A recent dunnhumby survey corroborates this: 80% of US shoppers are taking at least one action to seek more value when they grocery shop, deprioritizing speed.

Our read: These credit cards are just another sign of how entrenched the app-based delivery space has become over the last year. As the WSJ points out, JPMorgan doesn’t partner with just anyone.KM

        

RESALE

EBay’s Authentication Roadshow

Luxury watches in a black leather case

Courtesy of eBay

Brands investing in drive-thrus in response to pandemic trends: Taco Bell, Sweetgreen, and...eBay? 

You read that correctly. Starting today in Atlanta, eBay will host drive-up authentication sessions across five cities. Think of it like the Sonic experience, but for appraising Pokémon cards or Air Jordans.

  • Sellers pull up and hand over their collectibles for category experts to evaluate.
  • After watching the examination on a screen, sellers receive an appraisal price and instructions to list their items online. 

Click and collect: Charis Márquez, VP of fashion at eBay, told Retail Brew the events intend to build shoppers’ confidence in eBay’s “Authenticity Guarantee” services for top-tier collectibles. Authentication services are usually hidden behind a digital curtain. So if skeptics see authentication in action, they may be more likely to participate in the online market. 

About the timing...“Interest and enthusiasm in collectible sneakers, watches and trading cards is absolutely surging right now, as collectors look to translate their personal passions into investment opportunities,” Márquez said.  

  • It’s not just eBay: Lego sets, trading cards, and other collectibles are booming alongside sneakers on StockX.

Looking ahead…Márquez didn’t say whether eBay will permanently move to IRL authentication. But “as the resale market for collectible goods continues to grow, you will continue to see us invest in expanding this offering.” — HL

        

SPONSORED BY PILOT

Give Your Budding Biz the Tools to Grow

Pilot

Think of your business as a (gorgeous) flower blooming in the springtime. But your biz can only blossom when it has the strong foundation you need to thrive.

Pilot’s guide, Technology for Retail: The Systems You Need for Growth, is the fertile soil that can help grow your business at scale.

It covers the systems you’ll need for a comprehensive back-office tech stack, including:

  • Common functions of back-office technology (i.e., inventory management, payment processing, bookkeeping, and more) 
  • What to look for in each type of system
  • Specific recommendations on which systems might be right for you

The best part of all? Set up a strong foundation that can scale with you. Feel confident that as you grow, your systems and processes will grow with you. 

Give your business the base it needs to bloom. 

Download Pilot’s guide today

MARKETING

Identical Zoom Offices Ahead

West Elm's influencer network shown on a phone and laptop

Courtesy of West Elm

For the second spring without Coachella, some influencers are pivoting to #spon for the great indoors.

West Elm this week opened The West Elm Collective, the retailer’s first ambassador program to turn creators into couch marketers. It’s more involved than dropping an affiliate link in bio.

  • Two tiers of ambassadors, monthly “Tastemakers” and continual “Insiders,” will handpick items for personalized shops on West Elm’s website. They’ll earn an undisclosed commission for each sale. 
  • Both sets of brand ambassadors will get to preview and test new items before they’re released.

Like to know it: Retail pros have long known attaching personalities to products boosts sales. But West Elm’s dedicated influencer shops signify an even deeper commitment to digital for parent company Williams-Sonoma.

  • Williams-Sonoma called West Elm its “largest growth initiative” on its Q4 earnings call. The sibling brand’s revenue grew 25.2% YoY in the quarter. 

Zoom out: Home goods and improvement brands are borrowing from the beauty and apparel influencer playbook to extend their quarantine sales streak. Take Lowe’s, which tapped Peloton instructor Ally Love to curate a spring “staycation” assortment for its website. — HL

        

WHAT ELSE IS BREWING

  • Nike and MSCHF reached a settlement over unauthorized “Satan Shoes.” 
  • Skims, the shapewear brand founded by Kim Kardashian West, is now valued at $1.6 billion.
  • McDonald’s is shuttering hundreds of locations inside Walmart stores.
  • Boohoo acquired a warehouse that can increase its sales capacity to $5.5+ billion.
  • Asos is “highly likely” to acquire more apparel brands, per Reuters. 

FROM THE CREW

We’re taking a page from the Bed Bath & Beyond coupon book with a last! chance! promotion! Today is the final day to complete Retail Brew’s reader survey.

It’s a 2-for-1: We get a clearer picture of the 150,000+ retail pros on Retail Brew’s email list, and you retail pros get newsletters more tailored to your interests. Oh, and we’ll be choosing a few lucky respondents to win Brew apparel for completing the survey.

Head here to share your feedback.

SPONSORED BY BAZAARVOICE

Bazaarvoice

The one thing shoppers wanna see? UGC. People need to get a feel for a product before they buy, but how do they do that digitally? Bazaarvoice’s latest research points to visual and social user-generated content (UGC) as the key to instilling confidence in online shoppers. Out of 8,000 shoppers surveyed, two-thirds said photos from previous shoppers are important when making a purchase decision. Learn how to drive trust in your products and more revenue in the full report here.

SWAPPING SKUS

Let’s be honest, most people don’t know anything about wine—no matter how confidently they pronounce the fancy names. But those who do know something came in clutch during Covid times. Today’s reads highlight how some brands capitalized on the lifeblood of Zoom happy hours. 

  • Wine can spoil or bottles can break if not properly stored during delivery. FedEx and Otter Products came up with some solutions as DTC wine orders went through the roof. (USA Today)
  • The Vivino app is more than 10 years old, but recently raised a $155 million Series D. Its CEO discusses what’s in store for the company’s future. (Modern Retail)

FRIEND OR FAUX?

Three stories below are true; one’s a case for the FBI’s counterfeit crimes unit. Can you spot the fake?

  1. Starbucks stores can’t keep their fridges full of oat milk.
  2. Vans released perforated slip-ons that some are calling Crocs knockoffs.
  3. Tropicana is developing a CBD-laced orange juice
  4. Jeni’s Splendid Ice Cream’s online store crashed from traffic to its Dolly Parton collab

Keep reading for the answer.

SHARE THE BREW

Enjoying Retail Brew? Share it with your coworkers to 1) impress them with your industry knowledge and 2) earn some free swag.

We've made it as easy as possbile: click here to send a quick email about Retail Brew with your unique referral link.

Click here to get free swag.

Hit the button below to learn more and access your rewards hub.

Click to Share

Or copy & paste your referral link to others:
morningbrew.com/retail/r/?kid=303a04a9

FRIEND OR FAUX? ANSWER

3. Nope, CBD hasn’t made its way into a massive OJ brand yet.

Written by Halie LeSavage and Katishi Maake

Was this email forwarded to you? Sign up here.

WANT MORE BREW?

  Business podcasts → Business Casual and Founder's Journal

ADVERTISE // CAREERS // SHOP

Update your email preferences or unsubscribe here.
View our privacy policy here.

Copyright © 2021 Morning Brew. All rights reserved.
22 W 19th St, 8th Floor, New York, NY 10011

Older messages

☕️ Farmers marketing

Friday, April 9, 2021

Plus, an iOS 14.5 update. April 09, 2021 Marketing Brew TOGETHER WITH Terminus You made it to Friday. Call this edition Marketing Brew, Taylor's Version—because anyone who can execute seamless

☕ Beehive

Friday, April 9, 2021

When can we expect the first carbon-neutral EV? April 09, 2021 Emerging Tech Brew TOGETHER WITH JP Morgan Wealth Management How goes it? As of tomorrow morning, the entire Emerging Tech Brew team will

☕️ Amazon leads at the half

Friday, April 9, 2021

Biden enters the gun control chat April 09, 2021 View Online | Sign Up Daily Brew TOGETHER WITH Fidelity Good morning. Got nothing planned this weekend? Costco said it's bringing back outdoor and

🍓 Tart

Thursday, April 8, 2021

How to activate your huddle. Morning Brew Logo View Online Sidekick Logo TOGETHER WITH Bombay Hi, Sidekick readers. Spring is here. So long, hot pink pom pom hat (for now); hello, peak Divvy bike

☕️ Elbow bump

Thursday, April 8, 2021

Venture funding breaks a record in Q1... April 08, 2021 View Online | Sign Up Daily Brew TOGETHER WITH JobsOhio Good morning. It's a beautiful day to finally open your windows and close them within

You Might Also Like

NYT orders reporters: Avoid “occupied territory,” “refugee camp,” and “genocide”

Friday, April 26, 2024

This kind of systematic bias isn't just misleading to readers. It powerfully shapes the policy debate in Washington. I've covered US politics for almost two decades, and I can tell you that no

What Does Donald Trump’s Gag Order Really Mean?

Friday, April 26, 2024

Columns and commentary on news, politics, business, and technology from the Intelligencer team. Intelligencer FRIDAY, APRIL 26 Donald Trump Is a Special Kind of Courtroom-Discipline Problem Judge

I Found EltaMD Sunscreen on Sale

Friday, April 26, 2024

23 things on sale you'll actually want to buy. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate commission.

GeekWire Awards: Grab tickets before the big show sells out

Friday, April 26, 2024

GeekWire Awards: Grab tickets before the big show sells out Limited number of GeekWire Awards tickets released The much-anticipated GeekWire Awards — celebrating the top innovators, entrepreneurs and

A Diamond in the Rough

Friday, April 26, 2024

An American Story, and New Shirts! ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Are we going to see more nonprofit newsrooms team up?

Friday, April 26, 2024

PLUS: How Ben McCarthy built a Salesforce-focused media company with 400000 monthly readers ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Would you choose cohabitation over marriage?

Friday, April 26, 2024

Plus: Home Planet, Trudeau's plan to fight populism, and more. Each week, a different Vox editor curates their favorite work that Vox has published across text, audio, and video. This week's

The jeans we’re wearing this spring

Friday, April 26, 2024

If you miss skinny jeans ... ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Haunted by breaches, Microsoft says it’s ‘putting security above all else’

Friday, April 26, 2024

Bill payment company Doxo disputes FTC lawsuit | AI fuels hot streak at UW's Institute for Protein Design ADVERTISEMENT GeekWire SPONSOR MESSAGE: Science Firsthand: Learn how Bristol Myers Squibb

☕ Just like a movie

Friday, April 26, 2024

Francis Ford Coppola: the 'accidental hotelier.' April 26, 2024 Retail Brew It's Friday, and the economy's got the jitters. The combination of slowing GDP growth and continued inflation