Amazon completely dominated the e-commerce market last year, making roughly $US283 billion. With the perks of Amazon’s services, it can be hard to pass up free speedy, if not same-day, delivery. The average Amazon Prime member is reported to spend around $US1,400 per year, while non-members spend $US600. With generous free shipping offers, it’s easy for potential buyers to convert into loyal customers. Visit Business Insider’s homepage for more stories. Following is a transcript of the video. Narrator: Amazon is massive. In 2018, the company earned an estimated $US232 billion in retail commerce. And it’s all thanks to its customer base. The average Amazon customer spends about $US600 a year on the site. And Prime members? They spend $US1,400 each. So, how does Amazon keep getting people to spend their money? Free shipping is nearly synonymous with the Amazon brand. Even if you’re not an Amazon Prime member, you can qualify for free shipping if … [Read more...] about 13 sneaky ways Amazon gets you to spend more money
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Aug 18, 5:01 PM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Jeremy Bowman 08/18/19 AT 4:13 PM The market still seems confused about Lyft (NASDAQ:LYFT) and Uber Technologies (NYSE:UBER) , the ridesharing rivals that went public earlier this year.Not only are both stocks trading (at the time of this writing) down about 20% from the prices at their initial public offerings -- an underwhelming showing considering that 2019 has been a bumper year for IPOs -- but strangely, the stocks often move in tandem. The market seems to believe that what's good for one is good for the other and the same for the bad things, even though the two are cutthroat competitors. This pattern was on display recently when the companies reported second-quarter earnings on consecutive days.Lyft's results came out after market close on Wednesday, Aug. 7, and both ride-hailing stocks surged in the next day's trading. … [Read more...] about 3 Reasons Lyft Is a Better Buy Than Uber
Jul 14, 11:04 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Daniel B. Kline 07/14/19 AT 11:01 AM Amazon.com's (NASDAQ:AMZN) Prime Day keeps getting bigger every year. The retailer doesn't offer a lot of details as to the specifics of its sales, but it has said that sales on the shopping holiday exceeded the company's Black Friday and Cyber Monday sales put together.That's probably because every retailer captures mind and wallet share during the holiday season. The online giant created Prime Day (two days this year), and it controls the event. Amazon sets the day (or "days" this year) for the faux holiday, and while other retailers try to offer their own sales, they start already behind.That doesn't mean Amazon is the only beneficiary of the made-up sales holiday. Overall retail sales do rise, according to data shared with Motley Fool by Bank of America.How big is it?Amazon has created a bigger … [Read more...] about How Does Prime Day Spending Compare To An Average Day?
Sections SEARCH Skip to content Skip to site index Wirecutter Subscribe Log In Log In Today’s Paper Wirecutter | How to Prepare for Amazon Prime Day Advertisement Supported by Prime Day 2019 will be two days: July 15 and 16. Here are the deals to expect, how to shop if you’re not a Prime member, and how not to regret your purchases. ByAlex Roth Mr. Roth is the former commerce editor at Wirecutter, a product recommendation site owned by The New York Times Company. June 25, 2019 Amazon Prime Day has become Black Friday in July. It’s no longer just one day, with last year’s Prime Day going on for over 36 hours. It’s also more than just Amazon, with competing retailers offering discounts and price matches of their own. And while the opportunity to save has grown, so has the risk of wasting money some impulsive purchase you don’t need. No matter where you shop, the key to … [Read more...] about How to Prepare for Amazon Prime Day
Published April 15, 2019 Personal Finance Bankrate.com Facebook Twitter Comments Print video Tax refund sticker shock Aneta Markowska of Cornerstone Macro discusses why the IRS may be receiving fewer tax returns this year. Between gathering your Forms W-2, 1099-B and 1040; evaluating your best deductions and sitting down to assess it all, tax season can be stressful no matter what you owe at the end. Continue Reading Below But once you’ve filed your taxes for the year with Uncle Sam (or at least filed for an extension), stored any important records and planned how to best invest any refunds, you can sit back and take advantage of discounts from businesses looking to help make Tax Day a little bit easier. MORE FROM FOXBUSINESS.COM... THESE TAXPAYERS HAVE EXTRA TIME TO FILE THIS YEAR TAX DAY: TIPS FOR 50M LAST-MINUTE FILERS Brick-and-mortar retailers, restaurants and online stores alike are all participating. … [Read more...] about Tax Day deals: Check out these freebies and discounts