Saturday, 17 November, 2018

Amazon waives minimum requirement for holidays

Prime members who are already entitled to free two-day shipping will also receive a new perk during the holidays.                        Reuters Prime members who are already entitled to free two-day shipping will also receive a new perk during the holidays. Reuters
Laurie Berry | 05 November, 2018, 19:12

Of course, if you want more benefits, like free videos, music streaming, books, and guaranteed shipping speeds, you may want to try out a free 30-day trial of Amazon Prime.

Last month, Target announced that from November 1 to December 22, shipping would be free with no minimum spend required.

With the all-important holiday season kicking off around Thanksgiving later this month, retailers are jockeying for customers' dollars and hoping to outpace Amazon, which takes up almost 50 cents of each dollar spent online in the US.

This offer applies to hundreds of millions of items, and it'll work on orders that will arrive in time for Christmas.

It may be because Amazon felt the need to compete with big box stores who are also offered free shipping promotions.

Beginning today, Amazon is offering free shipping without a minimum purchase amount requirement to all United States customers.

Second wave of United States sanctions on Iran starts tomorrow
In contrast, with the US-EU trade wars toned down, most large EU businesses are cooperating with US sanctions against Iran. Bloomberg's Jodi Schneider reports on "Bloomberg Daybreak: Asia".

The National Retail Foundation forecasts holiday retail sales will climb by up to 4.8% compared to a year ago.

Although this move by Amazon will be a blow to both Target and Walmart, it just goes to show why competition in the market is so important for consumers.

Amazon needs to pump up sales after the company's revenue projection for the remainder of the year fell below some Wall Street analysts' estimates. During the fourth quarter of 2017, the company spent a record $7.3 billion getting packages to customers.

As part of the Black Friday event, Amazon will offer "Deals of the Day" throughout that will see dramatic price cuts on "must-have electronics, toys and fashion to sports, beauty, home items and more".

This is on top of the unlimited FREE Two-Day Shipping that Prime members receive every day on more than 100 million items.

Prime members in the US can also shop FREE Same-Day Delivery on more than three million eligible items!

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