3 ms·
Amazon captured the MAJORITY of ecommerce growth in 2016. http://www.cnbc.com/2017/02/01/amazon-captured-more-than-half-of-all-online-sales-growth-last-year.htm
by koreyb 9y ago
Amazon captured the MAJORITY of ecommerce growth in 2016. http://www.cnbc.com/2017/02/01/amazon-captured-more-than-half-of-all-online-sales-growth-last-year.html http://www.cnbc.com/2017/02/01/amazon-captured-more-than-hal... They've made it rough for physical retailers and malls.
Not to mention half of all households in the US have a Prime membership at roughly $99/yr. Allows them to leverage in to video, music, etc with a different value/cost model than Netflix for example.
- losteverything 9y ago< half of all households in the US have a Prime membership at roughly $99/yr. Back of the envelope - of 300 deliveries ~45 are prime (15%) and 2 are Amazon Fresh (0.7%) The prime patrons are addicts of prime and online in general. But still the most in one day I have ever seen is 25 parcels for one person. One is the norm. Two once in a while. Imo cell carriers taught people "free" (free long distance) and Amazon was smart to use that already popular notion of "free" free shipping - you just have to pay once annually.
- kalmari 9y agofree after a curtain price threshold too without prime though not independent sellers of course.