Amazon has enhanced its competitive-pricing proposition and product ranges by hosting a large number of third-party sellers on its site. But a significant percentage of Amazon apparel shoppers—38.2%—prefers to buy directly from Amazon rather than from third-party sellers on the site. This is likely due in part to perceptions that third-party sellers offer less clarity with regard to shipping fees, returns charges and the right to return items.
Some 11% of the Amazon apparel shoppers we surveyed said that they had bought Amazon private-label goods in the past year, which is notable because those private-label lines are still relatively new. Our survey provided respondents with several examples of Amazon’s private labels, in order to minimize any confusion about the company’s own private labels versus other brands featured on Amazon that respondents may not have been familiar with.
For instance, Prime members who download the Whole Foods app can save up to 10 percent on select Whole Foods purchases just by scanning their smartphone at a Whole Foods register. Prime members also get discounts on digital services like FreeTime Unlimited, which costs $2.99/month for Prime members or $4.99/month for non-members. Throughout the year, Prime members also get exclusive discounts on Amazon hardware, which the online retailer recently refreshed.
The question at this point is valuation. At roughly 10x revenue and 63x forward EPS, ETSY isn’t cheap, even by the standards of high-margin platform stocks. As Josh Enomoto pointed out in August, the arts & crafts industry isn’t growing. Industry leader Michaels Companies (NASDAQ:MIK) has said the same thing — and it’s rolling out an Etsy competitor of its own next year.
On that day, the residents of this downtown Washington building decided to tame the chaos. They voted that the lobby required a redesign. The boxes would get their own new package room, behind a password-activated door. This decision would reshape the building's first floor, but they bet it would raise the value of the property. At least the ungainly stacks would be safe in a separate room.
A.: Prime members save $2 per month on this subscription service that offers thousands of books, movies, TV shows, educational apps and games for children ages 3 to 10 years old. Recently, Amazon expanded the ages, to also include specialty content for kids ages 9 to 12. Owners of a new Fire Kids Tablet automatically receive one year free. FreeTime Unlimited is accessible through Fire tablets, Fire TV and Kindle e-readers. Parents can granularly sort and filter content based on their own judgement as to what's appropriate.
Amazon Drive, formerly known as Cloud Drive, is a cloud storage application offering secure cloud storage, file synchronization, file sharing, and Photo printing. Using an Amazon account, the files and folders can be transferred and managed from multiple devices including web browsers, desktop applications, mobiles, and tablets. Amazon Drive also lets their U.S. users order photo prints and photo books using Amazon Prints service.
In August 2013, Amazon launched Amazon Art as an online marketplace selling original and limited edition fine art from selected galleries. The initial 40000 items listed for sale included Norman Rockwell's painting Willie Gillis: Package from Home priced at $4.85 million, L'Enfant a la tasse by Claude Monet for $1.45 million and Andy Warhol's Sachiko for $45 000.
For better or for worse, Amazon has some of the most brutally honest reviewers on the internet. If there's something to be said about an item, they'll say it. That's why it's especially impressive when Amazon products have thousands of reviews and the vast majority of them are positive. What does that mean for you? Gone are the days of picking things off the shelves at department stores and hoping they're good.
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.
In December 2015, Amazon stated that "tens of millions" of people are Amazon Prime members. Amazon Prime added 3 million members during the third week of December 2015. It was also during December that Amazon announced the creation of the Streaming Partners Program, an over-the-top subscription service that enables Amazon Prime subscribers to add additional streaming video services to their accounts. Among the programming providers involved in the program are Showtime, Starz (with additional content from sister network Encore), Lifetime Movie Club (containing recent original movie titles from Lifetime Television and Lifetime Movie Network), Smithsonian Earth, and Qello Concerts.