But Prime’s ease and accessibility rely on advanced and extensive mail systems that do not exist everywhere in the world, Rosenbaum said. One solution may be for Amazon to work with retailers and vendors overseas, such as 7-Eleven, where customers can pick up their packages. Prime has programs through Whole Foods where shoppers can pick up their groceries, for example.
That strategy has led to negative cash flow, which management admitted on the Q3 conference call would last for some time to come. And the lukewarm reaction to the Q3 numbers suggests investors may be questioning valuation, even with NFLX off 18% from June highs. All that said, Netflix is on the path to become the world’s new dominant content distributor. And — though it’s cost billions — it appears to have such a lead that even Amazon Prime Video won’t be able to catch up. Investors may be willing to again pay up for that story once market volatility subsides.
Amazon probably isn’t the only reason Netflix (NASDAQ:NFLX) is spending $13 billion on content this year — but it’s one of the biggest reasons. The goal of Netflix’s content strategy is clear. Netflix wants to give subscribers everything they want — and more content they perhaps didn’t even know they wanted. That will drive subscriber growth and cement Netflix’s dominance in the space. From there, Amazon, Disney (NYSE:DIS), Facebook (NASDAQ:FB), and everyone else can play for second.
But as Amazon uses its powerful platform to bolster its private-label business, there is also debate in legal circles whether some of its activities could be viewed as monopolistic in nature. Some say Amazon could face a legal challenge akin in size and scope to when the Department of Justice two decades ago filed antitrust charges against Microsoft for bundling its own browser into its software, making it difficult for consumers to install a browser from Microsoft’s top competitor, Netscape. Microsoft lost that court battle.
Flight of the Conchords’ Jemaine Clement co-stars in and co-directs this clever mockumentary about the banal bummers of the afterlife, when vampires stop being polite and start getting real. As “documented” by a camera crew, Clement and collaborator Taika Waititi (Hunt for the Wilderpeople, Thor: Ragnarok) share a flat with fellow bloodsuckers who, when they aren’t bickering over dish duty and rent, are schooling a green new vamp—who in turn brings the centuries-old creatures into the technology age. The New Zealand-made horror-comedy is deeply self-aware, reveling in its silly practicalities: It’s tough to go clubbing when your undead identity requires that you be invited inside. When you’ve got nothing but time, the mundane becomes even more ridiculous, and Shadows’ way with the absurd is spot-on. (And that’s before we meet a pack of smug rivals who refuse to lower themselves to “swearwolves.”) What the genre- and cliché-bending film lacks in plot it more than makes up for in tongue-in-cheek charm. Who would’ve thought vampires were such dorks? —Amanda Schurr
Prime Pantry: Prime Pantry gives members access to low-priced groceries as well as household and pet care items. Now a subscription service, Prime Pantry costs $4.99/month (in addition to your Prime membership). The service includes unlimited free shipping on Pantry orders of $40 or more. Orders under $40 incur a $7.99 shipping fee. Prime Pantry orders cannot be shipped to addresses in Alaska, Hawaii or Puerto Rico.
Customers who are guests of another membership aren't eligible for the following benefits unless they are eligible through their Amazon Household: membership sharing, Kindle Owners' Lending Library, Prime Video, Prime Music, and shopping discounts provided by Amazon Family such as 20% off diapers and 15% Baby Registry Completion discount. Customers who are guests of another membership aren't eligible for Prime Photos.
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Jeff Bezos' cash cow has certainly become a staple of the online marketplace. Amazon's (AMZN) market cap is currently around $1 trillion - one of the highest among the FANG giants (which include Netflix (NFLX) , Alphabet (GOOG) and Facebook (FB) ). And with over 100 million Amazon Prime members around the world, it seems as though Prime is showing no signs of stopping its global takeover. In fact, according to Bloomberg this week, the average Amazon Prime member spends over $1,400 per year.
Make sure there are enough funds in the account. Amazon tends to cancel orders until all funds can be paid out of your account. Contact Amazon for full details of what you can do to help them create the order, so you can get it to ship. Amazon doesn't take any money from you until the item ships. For those that are not "fulfillment by Amazon," you'll have to wait at least 30 minutes for the item to complete the transaction - These Marketplace sellers don't see any of your order until that window is clear.
They say, don't judge a book by its cover. Good tip for this one, because the cover promises this is a book about "Why we buy" and "the science of shopping" and that it has information about online shopping as well. The reality? This is more like "Feng Shui for Retail Stores" with basically all of the book being anecdotes about shops that had inappropriate arrangements of merchandise that kept people from buying as much as they might have. The lone chapter about the internet is a joke -- it's basically just the author complaining that he doesn't understand why anyone shops online, and offering a couple of very specific suggestions for how sites like Amazon and Apple Store can improve. No help at all if you are running anything but a physical retail shopping business.
Even though I think he's more right than wrong, the whole Internet chapter comes across as a confused old guy muttering about how he doesn't get that new fangled rock music. He complains about how many review sites there are, for instance, and has no idea how much it can transform the shopping experience (and not just be a poor supplement). Worse, the book's entire premise is mostly about how you need observational data of real customers because they'll always do things you don't expect (can't argue there), but he HAS no data on this topic, so it's just not compelling. I can't help but think the whole chapter is just in there because 'we need something about teh intertubes'.
Andrew began his first importing business in 2005 at 19. Graduating as a double major with High Distinction from the Carlson School at 20, Andrew now owns and operates four businesses related to manufacturing, importing, private labeling, wholesale distribution, retail sales and third party marketplaces. His lifetime sales on eBay and Amazon are each in the 8 figures. His latest startup is AMZ Help, which offers unlimited Amazon consulting from a team of experts for a monthly fee. Now 31, he lives in Hidden Hills Preserve with his wife and two young children.
Society is perhaps what you would have ended up with in the earlier ’80s if David Cronenberg had a more robust sense of humor. Rather, this bizarre deconstruction of Reagan-era yuppiehood came from Brian Yuzna, well-known to horror fans for his partnership with Stuart Gordon, which produced the likes of Re-Animator and From Beyond…and eventually Honey, I Shrunk the Kids, believe it or not. Society is a weird film on every level, a feverish descent into what may or may not be paranoia when a popular high school guy begins questioning whether his family members (and indeed, the entire town) are involved in some sinister, sexual, exceedingly icky business. Plot takes a backseat to dark comedy and a creepily foreboding sense that we’re building to a revelatory conclusion, which absolutely does not disappoint. The effects work, suffice it to say, produces some of the most batshit crazy visuals in the history of film—there are disgusting sights here that you won’t see anywhere else, outside of perhaps an early Peter Jackson movie, a la Dead Alive. But Society’s ambitions are considerably grander than that Jackson’s gross-out classic: It takes aim at its own title and the tendency of insular communities to prey upon the outside world to create social satire of the highest (and grossest) order. —Jim Vorel
In August 2007, Amazon announced AmazonFresh, a grocery service offering perishable and nonperishable foods. Customers could have orders delivered to their homes at dawn or during a specified daytime window. Delivery was initially restricted to residents of Mercer Island, Washington, and was later expanded to several ZIP codes in Seattle proper. AmazonFresh also operated pick-up locations in the suburbs of Bellevue and Kirkland from summer 2007 through early 2008.