- Hassan Syed
- Rosemount, MN
- United States
Founder & CEO, Bir Ventures, USA
This conversation is closed.
What is your reason to drive to the shopping mall?
J.P Morgan is projecting $963B in online shopping for 2013. If I took $1,000 as an average spent per shopping trip, the world will be saving 963 million trips to shopping malls in 2013. Assuming a 10 mile one-way trip for shopping and an average gas consumption of 30MPG, the world will save 642 million gallons in gas consumption, $2.5B in gas cost and save 5,707,380 metric tons in carbon emissions. This is very interesting - if we also add driving time to this mix, with the assumption of 15 minutes each way, 481 million hours will be saved in one year.
I do understand that not everyone uses a car to go shopping, not everyone spends $1,000 per shopping trip, not all the malls are 10 miles away and not everyone drives a 30MPG car. These benefits can be estimated more accurately but still these are big numbers.
Read more here: http://socialcrowd.blogspot.com
Of course, there are reasons for us to go to the shopping mall. One of my biggest reason is that I worry about returning headache of online purchases, if I did not like something. What is your reason?