Some commentators have argued that the Amazon website is not equipped to provide a quality experience for browsing, searching and discovering fashion ranges. After all, Amazon established its position by serving as a kind of catalog for products that shoppers buy based mostly on specifications, such as books and electronics—but fashion shoppers tend to browse and buy differently.
In March 2014, Amazon increased the annual US membership fee for Amazon Prime from $79 to $99. Shortly after this change, Amazon announced Prime Music, providing unlimited, ad-free music streaming. In November 2014, Amazon added Prime Photos, adding unlimited storage of files deemed to be photographs in the users' Amazon Drive. Amazon began offering free same-day delivery to Prime members in 14 United States metropolitan areas in May 2015.
That’s according to new research by Consumer Intelligence Research Partners suggesting that in the past year, Prime memberships grew 8 percent — the lowest annual rate since the group began tracking the data in 2012. The group also put the number of U.S. Prime members — a statistic that Amazon has famously kept under wraps — at 97 million, with Prime shoppers spending an average of about $1,400 per year, compared with $600 per year for nonmember shoppers.
My favorite way to make sense of what's great on Amazon is by getting recommendations from friends. As a result, I decided to ask my colleagues at Business Insider about the best things they bought on Amazon from under $25 — in the hopes of finding some new things to try without wasting time or money discovering them. Hopefully, they're as helpful to you as they were to me.
Amazon Supply, launched in 2012, offers industrial and scientific components and maintenance, repair and operations (MRO) supplies. Amazon Supply was developed based on experience operating Smallparts.com, acquired in 2005. (The Smallparts.com brand was discontinued with the launch of Amazon Supply.) While Amazon Supply uses the same order fulfillment and distribution system as Amazon.com, its online store provides services to customers in more than 190 countries.
In March 2006, Amazon launched an online storage service called Amazon Simple Storage Service (Amazon S3). An unlimited number of data objects, from 1 byte to 5 terabytes in size, can be stored in S3 and distributed via HTTP or BitTorrent. The service charges monthly fees for data stored and transferred. In 2006, Amazon introduced Amazon Simple Queue Service (Amazon SQS), a distributed queue messaging service, and product wikis (later folded into Amapedia) and discussion forums for certain products using guidelines that follow standard message board conventions.
For handmade-craft platform Etsy (NASDAQ:ETSY), Amazon presented an existential threat. Etsy went public in April 2015 at $16: shares closed the first day at $30, up 88%. From there, the stock simply fell apart. By the time Amazon launched Amazon Handmade in October, ETSY traded below its IPO price; it would close 2015 just above $8. Investors wanted no part of a money-losing business facing Amazon’s unlimited resources.
From a WiFi-enabled smart outlet plug that allows you to turn things on and off in your house remotely via an app to a set of extra-long silicone oven mitts that will keep your hands, wrist, and forearms from getting burned during a kitchen mishap, the list of brilliant and practical items you can gift from Amazon is basically endless. In fact, part of what makes these kinds of presents so fun to receive is that they help make everyday tasks simpler and less annoying to do, and who doesn't want that?
Amazon, land of 1 million things you need and 5 million options for each of them, has quickly become the one-stop shop for an insane amount of online purchases. For me, that's because they have a wide selection, carry most of the brands I want, list them at near the lowest or the lowest prices I've seen in price comparison research (with shipping in mind), and, last but absolutely not least, because I'm a Prime member and the internet has made me a glutton for instant gratification — something that 2-Day (or two-hour) shipping panders well to.
Investors should also know that the Amazon Prime-heavy subscription business surged 55% to reach $3.41 billion in Q2. Beyond shipping and delivery deals, users have access to Amazon Prime Video, which competes directly against Netflix (NFLX - Free Report) . The firm has reportedly committed to spend $5 billion a year on original and licensed content as the streaming war heats up.
Amazon.com Return Policy:You may return any new computer purchased from Amazon.com that is "dead on arrival," arrives in damaged condition, or is still in unopened boxes, for a full refund within 30 days of purchase. Amazon.com reserves the right to test "dead on arrival" returns and impose a customer fee equal to 15 percent of the product sales price if the customer misrepresents the condition of the product. Any returned computer that is damaged through customer misuse, is missing parts, or is in unsellable condition due to customer tampering will result in the customer being charged a higher restocking fee based on the condition of the product. Amazon.com will not accept returns of any desktop or notebook computer more than 30 days after you receive the shipment. New, used, and refurbished products purchased from Marketplace vendors are subject to the returns policy of the individual vendor.
On July 15, 2015, to commemorate its 20th birthday, Amazon celebrated "Amazon Prime Day", which Amazon announced would feature deals for prime members that rivaled those on Black Friday. Also that month Amazon Prime announced that it would be signing Jeremy Clarkson, Richard Hammond, and James May, formerly of BBC's Top Gear, to begin working on The Grand Tour, due to be released in 2016. On July 13, 2016, Amazon Prime said customers placed 60 percent more orders worldwide on "Prime Day".