That's the philosophy driving technology companies like Amazon and eBay, which are rapidly expanding service for same-day shipping. While Amazon spends hundreds of millions of dollars on new fulfillment centers to close the geographic gap between customer and inventory, eBay has decided to rely on a preexisting network to get the job done for its year-old eBay Now service.
Here's how it works. Customers place orders through eBay Now's mobile application or website for items from more than 30 retail partners, including Target, Toys "R" Us, and Urban Outfitters. Couriers visit the retailers' physical stores, assemble the orders, and drop them off in an hour or less. Then eBay charges the customer's credit card or PayPal account upon delivery of the order, plus a $5 convenience fee.
|Analysts offer no apologies for missing Apple's Q2 2014 earnings beat|
|Warren Buffett: Coke exec compensation plan was excessive|
|Meet Synack, a new security startup started by NSA veterans|
|Arianna Huffington measures success by a different metric|
|With mobile money push, Facebook fashions itself as a bank|