Costco Executive Members Now Get Monthly Credit for Same-Day Delivery with Instacart
- New revenue stream through Costco Executive Members' incentivized usage
- Strengthens strategic partnership with major retailer Costco
- Potential increase in order volume with $150 minimum requirement
- Geographic expansion covering both US and Canada markets
- $10 credit cost may impact margins on Costco orders
- High minimum order requirement of $150 might limit adoption
Starting June 30, Costco Executive Members in the US and
Instacart enables delivery of Costco's warehouse items to members' doorsteps in as fast as an hour, combining a flexible delivery experience with the value of Costco's quality offerings. The monthly credit is automatically applied to a qualifying Costco order placed through sameday.costco.com, sameday.costco.ca, or Instacart and is available exclusively to Executive Members.
"Costco Executive Members expect exceptional value – and now, they can get even more delivered to their door," said Daniel Danker, Chief Product Officer at Instacart. "Our new monthly credit makes it easier than ever for members across
Costco first partnered with Instacart for same-day delivery in 2017 and later expanded the partnership to include Costco's same-day delivery website powered by Instacart Storefront Pro in 2021.
For more information or to start shopping, visit sameday.costco.com, sameday.costco.ca, instacart.com/costco, and instacart.ca/costco-canada.
About Instacart
Instacart, the leading grocery technology company in
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SOURCE Maplebear Inc. dba Instacart