Amazon drastically cut the price of its 32-bit Fire Phone to $0.99 from $199, in an attempt to increase the Fire Phone’s mediocre sales, only a few months after the phone’s debut. The price cut come strategically a few days before Apple’s announcement of a new iPhone and a new mobile payments system, Apple Pay….
Archives for amazon
Amazon is 20 Years Old. What will the next 25 years bring?
Amazon’s stock price goes up as its margins decline. Will investors continue to believe? Will the ever fickle Millennials stick with Amazon or will it become “where grannies shop” mimicking the trend of Facebook which has lost favor with Millenials. Will the burden of all of the infrastructure Amazon is putting in to support same-day…
eCommerce Heats up In India: Flipkart v. Amazon
Flipkart, hot off raising $1 Billion in its second funding round has gained the attention of retailing behemoth Amazon. Shortly after Flipkart’s achievement, Amazon announced it would invest $2 Billion to expand business in India, building five new warehouses. Jeff Bezos commented on the investment, saying Amazon sees “huge potential in the Indian economy and…
True Convenience Shopping, Brought To You By Tech Titans
Is a convenience store truly convenient? Think about it: you have to leave the comfort of your home to make a purchase from a limited selection, likely driving to reach the store. If you drove an extra few minutes, you probably could make it to a bigger store that carries the exact item you need,…
#AmazonCart is the new candy display
Do you ever grab a candy bar at the checkout display in the store? Those impulse purchases drive lots of volume for manufacturers. There was a fear that the digital world would eliminate those quick (and often poor) decisions. Fear not, new ways of buying before thinking are appearing. The latest is #AmazonCart, a joint…
Clash of the Titans: Alibaba v. Amazon
Think Amazon is the world’s largest online retailer? Think again. Alibaba, the leading online wholesale marketplace for domestic China trade among small businesses, has officially claimed the #1 spot with its IPO filing. Last year, the giant did $248 billion of Gross Merchandise Volume (GMV) in its China retail marketplace, more than Amazon and eBay…
Pantry, Dash, Flow…What’s Next for Amazon?
UPDATE: We know what’s next- for now anyways. Check out #AmazonCart, another way Amazon is making it easier for consumers to purchase items with ease. A new partnership with Twitter lets consumers reply to tweets that feature an Amazon product link, using the hashtag #AmazonCart. The new partnership will use the hashtag reply as a signal to…
Groupon Basics to Compete with Club Channel
Groupon announced its newest service, Groupon Basics, last week. The service is moving into a crowded area, as it is designed to compete with Costco, Sam’s Club, BJ’s, etc., plus Amazon’s new Pantry service. Basics offers 120 health, household, and personal care items for bulk purchase, and the company plans to expand to grocery categories in the…
Last Mile Delivery: Amazon Takes the Plunge
The Wall Street Journal reports Amazon is piloting last-mile delivery in San Francisco, Los Angeles, and New York, likely incorporating learnings from Amazon’s established last mile delivery network in the UK. According to Jeff Bezos, this UK network was built because “commercial carriers couldn’t support our peak volumes.” This past Christmas season, Amazon experienced a similar problem with…