What am I trying to say that by that? What if speedier, more convenient online shopping not only helped increase Amazon’s revenue growth but has a ripple effect on the entire economy? Let us consider Boeing – one of the biggest supporters of the Dow on the New York Stock Exchange. Currently, we are witnessing how the 737 MAX issue is having a direct effect on the national GDP.
With that said, my idea stems from the fact that ultimately, our economy is run on consumerism.
What if we can speed up consumerism in a way that’s a force multiplier? What if we can speed up the economy as a whole because it’s simply so much easier to buy things?
Yes! I think drone delivery will literally make things so easy to buy through not only Amazon but retail outlets as a whole.
Here’s what I’m getting at. Imagine that we have Amazon who is essentially arbitrage for every small business in America – which was great until they launched the ability for third-party sellers to originate outside of the United States. Then our whole 2-day Prime became more of a fantasy than a reality. Well now as Amazon tries to figure out how it will deliver faster, it was one of the first to get a part 135 certification from the FAA to allow for an air carrier service operated by a drone.
Now, Amazon has always been at the forefront as far as drone technology is concerned. They even offered me a job four and a half years ago to join the Amazon Prime Air team.
I believe a corporate giant like Amazon can single-handedly increase the nation’s GDP. How? Well, imagine if drone package delivery can bring the delivery time to 60 minutes? Or, even 30 minutes. Yes, I mean, it’s literally as easy as getting a pizza. But that pizza is whatever the hell you want it to be, including the shiny little rubber mouse toy for your cat. This being said, if Amazon can drastically shorten the time from purchase to delivery, what gross effect will it have on the economy as a whole?
Well, I’ll tell you this. How do you feel when you go out to a store and there’s a long line in one of your favorite stores where it’s typically quick and easy to get in and out? Yeah, you’re probably a little flustered. You start to get a little nervous because this trip that used to take five minutes is now about to take 20. But the quality is unprecedented anywhere else. So you’re going to do it anyway.
Well, imagine if you could get the best quality Items all the time in under an hour with just a click on your phone. Can you imagine how fast your kids will run out of your bank accounts, parents? Yes, I really do believe that we’re getting to that time. I really do believe Amazon is going to create such a competitive advantage. It is also going to force all the other retailers to somehow, in some way, work together in order to compete with Amazon.
So here’s the second piece that I was mentioning. What if retailers create some sort of association and aggregate a way to cover the cost of building drone ports at the mall? So your malls now turn into distribution hubs that have a well-automated system that runs through the store just like you would see a B&H Photo in New York City in Manhattan. Yeah, this already exists. Here’s the thing now. Take it in every single store in a mall and have that mall, literally go up to the helipad and single-handedly to packages in sub-30 minutes. Now Amazon has a real competitor and everyone can support their local stores.
“This is my vision of the economy moving forward. This is where I think it’s going. And here’s the thing. If Amazon can drive consumerism, the real driver, then our economy is going to be on fire”
So it makes me think, will the economy slowdown in the years to come? Probably. Could we save it with drone delivery and increasing the convenience to buy everyday items? Maybe!
Become a Drone U Member.
Do not forget to subscribe and listen to Ask Drone U, the #1 drone podcast on iTunes!
Be sure and check out our page with guides, posts and other helpful information.
Learn More