The package business has changed shopping and deliveries and we have all heard that, in an article by David Porter of the Associated Press, he finds out why Amazon has to partner with the police.
E-commerce sales have grown faster than sales at bricks-and-mortar retailers for several years and on line sales were expected to grow 14.8% to $124.1 billion in November and December, according to Adobe Analytics.
The US Postal Service expects to deliver 900 million packages and UPS forecasts it will handle 800 million parcels between Thanksgiving and Christmas.
Amazon in partnership with the Jersey Police department have left empty parcels on porches of homes equipped with GPS and a camera. The Insurance-Quotes.com surveyed a thousand people and suggested 1 in 12 Americans had a package stolen from their home.
Linking to dividend paying stocks, it is good when companies make things easier for consumers to spend money on their goods and services. The second part of the equation is security whether it is cyber security or security to deliver and receive the goods. Companies who have been in business for a time, try to minimize the losses on both sides of the equation. Although we would like to think people are good, if there is easy money, somewhere there has to be security.
There are more questions than answers, till the next time – to raising questions.