Drone Delivery Tests What 20 Minutes Is Worth
A $10 purchase that can wait until tomorrow is one kind of retail transaction. A $10 item that keeps a customer from finishing a repair, taking medicine or charging a device is another. Ultrafast delivery is giving retailers a way to find out what the difference is worth. Lowe’s is working with DoorDash and Alphabet’s […] The post Drone Delivery Tests What 20 Minutes Is Worth appeared first on…
The article reports on drone delivery tests by Lowe’s, DoorDash, and Alphabet’s Wing in the Charlotte, North Carolina, area, aiming to deliver small, inexpensive items within 20 minutes. The test aims to determine the economic viability of such delivery methods by assessing the difference in cost between waiting for a delivery and receiving it quickly.
Walmart has already conducted over 1 million drone deliveries, with an average delivery time of 23 minutes, and has seen a significant increase in usage as customers recognize the value of urgent delivery for certain items. The cost of autonomous delivery is estimated to decrease significantly as the technology matures, potentially bringing it below $1 per order.
Amazon plans to expand its drone delivery service, Prime Air, to over 500 cities in the U.S. by the end of 2026.
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