On the surface, the move into the private label business (in which goods are sold under the retailer’s name rather than that of an outside vendor) appears to be a deft move by Amazon. Analysts predict that nearly half of all online shopping in the United States will be conducted on Amazon’s platform in the next couple of years. That creates a massive opportunity for Amazon to more than double revenue from its in-house brands to $25 billion in the next four years, according to analysts at SunTrust Robinson Humphrey. That’s the equivalent of all of Macy’s revenue last year.
A.: Amazon Prime Music is a streaming music service, similar to Spotify or Pandora. Users can choose albums or songs to stream, or allow Amazon to create a customized profile to suit their tastes and do it for them. Currently, the service offers more than two million songs, but its selection still pales in comparison to those of Spotify and Pandora. Amazon Prime members can also download these songs and listen to them online (as long as their Prime membership remains active). Its newer service, Music Unlimited, gives you access to "tens of millions" of songs and weekly new releases. If you own an Amazon Echo, you can pay $3.99/month for this service, but you'll only be able to stream on your Echo device. For $7.99/month, you'll be able to stream on all of your devices.
Amazon’s own AmazonBasics brand is putting out a new microwave that takes advantage of the new Alexa Connect Kit, which will also be made available to third-party device makers. The kit “includes a Wi-Fi and Bluetooth LE module that contains software — written and managed by Amazon — that automatically and securely connects to Amazon-managed cloud services.” There’s no actual microphone in here; the microwave connects to your Echo devices over Bluetooth.
Prime Video offers thousands of movies and TV shows, including popular licensed and self-published content plus critically-acclaimed and award-winning Prime Originals like The Grand Tour, The Marvelous Mrs. Maisel and The Tick, Amazon Original Movies such as Academy Award-winning Manchester by the Sea, The Big Sick and The Salesman and kids series, Tumble Leaf, available for unlimited streaming as part of an Amazon Prime membership. Prime Video is also now available to customers in more than 200 countries and territories around the globe at www.primevideo.com.