Your Amazon.com order has shipped! 📦
Amazon celebrates itself with a site-wide discount, Wednesday only
With the code 'BIGTHANKS' you can save $8.63 off of any order over $50.
Amazon Prime Members Now Outnumber Non-Prime Customers
And Prime Day 2016 is still to come
...Prime shoppers spent about $1,200 on average last year, compared to about $500 for non-members.
“Prime is a somewhat different service than it was two years ago,” said Mike Levin, partner and co-founder of CIRP, in the study's press release. “Amazon has expanded its media offerings greatly, including exclusive video content, HBO programs, streaming music, and now personal photo storage."
In all seriousness though, it's crazy to think about how different the stuff is we buy on Amazon now compared to what it was. Even a few years ago most of my buys were books, TVs, electronics, and other one-off purchases. But once I got Prime I started getting in the habit of using Amazon for all my random Home Essential Items too.
Boomerang Commerce Analysis Finds Target and Walmart Significantly Cheaper Than Amazon for Key Grocery Items
For the top 100 beverage items on Target, the identical products on Amazon were 97 percent more expensive
In economics, vendor lock-in, also known as proprietary lock-in or customer lock-in, makes a customer dependent on a vendor for products and services, unable to use another vendor without substantial switching costs. Lock-in costs which create barriers to market entry may result in antitrust action against a monopoly.
Walmart is not valuing Jet.com solely based on traditional metrics like profitability, which the start-up does not have. The retailer is spending billions in cash and stock in large part for something — or someone — else: Marc Lore. Mr. Lore, a serial e-commerce entrepreneur who started Jet.com, is seen as one of the few executives who can help put a dent in Amazon’s edge.
Walmart is going after Amazon Prime with free two-day shipping and no membership fee
The only catch is a $35 order minimum.