{"id":131475,"date":"2023-02-26T19:37:07","date_gmt":"2023-02-26T19:37:07","guid":{"rendered":"https:\/\/fin2me.com\/?p=131475"},"modified":"2023-02-26T19:37:07","modified_gmt":"2023-02-26T19:37:07","slug":"amazon-will-charge-more-money-for-shipping","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/amazon-will-charge-more-money-for-shipping\/","title":{"rendered":"Amazon Will Charge More Money For Shipping"},"content":{"rendered":"

Amazon will charge customers more for shipping. This will primarily affect people who get same-day service. Amazon, desperate for revenue, has been losing money on the system, which could get customers their orders in hours.\u00a0<\/span><\/p>\n

According to The Wall Street Journal, Amazon\u2019s traditional costs run $1.75 for the \u201clast mile\u201d of delivery, while same-day service costs for the same distance costs the e-commerce company $3.30 per package. Amazon keeps fulfillment centers near big cities to make the service available. Amazon management said, \u201cWe\u2019re always exploring ways to bring our customers new levels of convenience and delivery options that work best for them. Same-Day Delivery is one of the latest innovations.\u201d<\/span><\/p>\n

Amazon\u2019s pricing riddle is whether to charge extra for the service or use it as a means to keep subscribers of its $139 a year Prime service, which has free delivery costs for some packages and Amazon Prime Video. The service brings in billions of dollars, and some research shows that Prime members spend more money shopping at Amazon than people who do not subscribe.<\/span><\/p>\n

Amazon is on the ropes financially. In its most recent quarter, its North American e-commerce segment lost $240 million on $93.3 million. This is partly due to the cost of Amazon\u2019s massive warehouse delivery system. The number of delivery points was cut after increasing during the pandemic. Amazon has fired thousands of workers to bring these costs down.<\/span><\/p>\n

Amazon is trapped by one of its inventions. Rivals like Walmart offer similar delivery systems. Amazon cannot pull back too much without affecting consumer loyalty and recurring revenue.\u00a0<\/span><\/p>\n

Amazon\u2019s investors have also taken a beating, with the stock falling as much as 50%. This has put pressure on Andrew Jassy, Amazon\u2019s relatively new CEO. He has to decide how much to charge for same-day delivery or potentially risk customer loyalty.\u00a0<\/span><\/p>\n

Here are 17 terrible investments by Amazon.<\/p>\n

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Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon will charge customers more for shipping. This will primarily affect people who get same-day service. Amazon, desperate for revenue, has been losing money on […]<\/p>\n","protected":false},"author":3,"featured_media":131474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nAmazon Will Charge More Money For Shipping - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/amazon-will-charge-more-money-for-shipping\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Will Charge More Money For Shipping - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Amazon will charge customers more for shipping. 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