Instacart has launched a new Instacart Platform, enabling grocers’ digital transformation with a new suite of enterprise-grade technologies to power the future of grocery.
With Instacart Platform, the company is giving retailers access to the technologies behind Instacart’s consumer marketplace to power their own digital properties and retail operations. Instacart Platform brings together the technologies retailers need to improve the consumer experience online or in-store and digitize the end-to-end grocery operation.
Some retailers will choose to use some of these technologies a-la-carte, while others might benefit from having all of these solutions on one connected platform that works across channels.
Instacart Platform is comprised of:
- E-commerce: E-commerce storefronts custom-built for grocers and a-la-carte recommendation and merchandising capabilities.
- Fulfillment: Solutions for grocers to do online delivery and pickup from stores or warehouses, from 15-minute ultrafast to next-day delivery.
- In-store: Digital integrations and connected hardware to enhance the brick-and-mortar store experience, from scanless carts to technology that helps manage operations.
- Ads: Advertising solutions to help brands connect and engage with consumers in the digital aisles.
- Insights: Data tools to help retailers optimize operations, provide more connected experiences and make informed business decisions
“The grocery industry is undergoing a digital transformation where customers expect a seamless experience across many channels, but behind the scenes it’s taking an incredible amount of work and investment for retailers to deliver these new services,” said Fidji Simo, CEO of Instacart. “We’re looking to change that with Instacart Platform. We started as the e-commerce and fulfillment partner of choice for grocers, and we’ve been building on that foundation to broaden and deepen our capabilities, in order to help retailers innovate faster than ever on their own properties.”
Platform launches new omnichannel capabilities with major retail partners
The company is launching three new capabilities as part of Instacart Platform to help retailers better serve their customers:
- Carrot Ads opens up new digital revenue streams for retailers by bringing Instacart advertising – including the company’s industry leading technology, products, engineering and sales talent, and data insights – to retailers’ owned and operated e-commerce sites. Carrot Ads unlocks new monetization capabilities, including revenue share models, to create an additional source of profit for retailers. Instacart is currently piloting its new ad service with Schnuck Markets Inc., Good Food Holdings and Plum Market with plans to roll it out more broadly this year.
- Carrot Warehouses helps retailers create more flexible, local fulfillment models to unlock capabilities such as 15-minute ultrafast delivery. As a full stack solution within Instacart Platform, Instacart works with retailers to enable end-to-end fast delivery solutions customized to their needs, including building new nano-fulfillment centers (NFCs), devising floor plans, establishing automation services and running ongoing operations. In an industry first, Carrot Warehouses will power 15-minute ultrafast delivery for Publix customers in Atlanta and Miami over the coming months.
- Carrot Insights gives retailers visibility into their operations to help them make informed business decisions. Carrot Insights dashboards track key performance and operational metrics such as order volumes and out of stocks across the Instacart Platform and retailers’ own Instacart App storefronts. Carrot Insights is helping retailers like Key Food manage and optimize their omnichannel operations, and is live for all Instacart Platform customers.
For more information about the Instacart Platform, visit instacart.com/company.
