And as far as American consumers go, Amazon's heft has not hurt the brand, which remains one of the most trusted. The NPR/Marist survey found a staggering 67 percent of American online shoppers say they have "quite a lot" or "a great deal" of trust in Amazon to protect their privacy and personal information, even though the majority of them had little to no such confidence in online retailers in general.
Some of the best parts of shopping on Amazon are the wide selections and low costs, but those things can also make it difficult to root out what's really worth spending your money on before you've stretched your checkbook too thin. It can also be hard to tell which affordable options are similar (or better) in performance to their higher-priced competitors to save you some money. The huge selection and low costs can be a great advantage if you have the inside scoop needed to navigate them confidently — if not, it can be a huge drain on time scrolling through reviews and trying to parse out who means what they're saying.
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.
Promising review: “I own a BBQ food truck and we sell brisket, pulled pork, pulled chicken, smoked sausage, and burgers. I was looking for a faster way to pull pork. I looked at those shredders you attach to a drill, but they look like they would turn the product to mush. I brought these Bear Paws and went to pull 30 pounds of Boston Butt. What used to take 45 minutes was done in less than five. No waste. These paws do a great job of integrating the fat in with the meat. I could not be happier. As a BBQ man for 30 years, I would recommend these.” —Michael K. Powell
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.
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.
Totally unique to our Music Store, Amazon.com offers a program called AutoRip that automatically makes the hard copy of AutoRip-eligible albums you’ve just purchased available on your Amazon.com Cloud Player. Now you can have the physical CDs or vinyl records for your own personal collection, and you can listen to your favorite songs wherever you can access your Cloud Player. Whether you’re ready to tune in to Coltrane or Sinatra, or indie bands like The Strokes, you can purchase AutoRip-ready vinyl and CDs so you don’t have to wait to listen to your favorite records.
Close to two-thirds of Americans now say they've bought something on Amazon, according to a new NPR/Marist poll. That is 92 percent of America's online shoppers — which is to say, almost all of them. More than 40 percent say they buy something on Amazon once a month or more often. In fact, when people shop online, they're most likely to start on Amazon.
On top of 4-star, Amazon has expanded its retail presence beyond its Whole Foods purchase. Amazon opened its first bookstore in 2015 and now boasts over 15 Amazon Books locations throughout the U.S., with plans to open more. Furthermore, the e-commerce power runs four cashierless convenience store-style, Amazon-Go locations along with pop-up stores.
Sprint Unlimited Premium Plan: Includes unlimited domestic calling, texting, 50GB LTE MHS, VPN & P2P & data. MHS reduced to 3G speeds after 50GB/mo. Third-party content/downloads are add’l charge. Plan not avail. for tablets or MBB devices. Select Int’l svcs are included for phone lines. See sprint.com/globalroaming. Subsidized devices incur an add’l. $25/mo. charge. Must remain on Premium plan for a minimum of 30 days.
In April 2014, Amazon announced its Amazon Fire TV set-top box system, a device targeted to compete with such systems like Apple TV or Google's Chromecast device. The Amazon set-top box allows for streaming videos from sites like Amazon's own streaming service as well as others such as Netflix or Hulu. The device also supports voice search for movies, as well as gaming, which includes special versions of Minecraft, Asphalt 8, and The Walking Dead. Amazon announced the Fire TV Stick in October 2014. The device replicates much of the functionality of the Fire TV.