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Amazon's new Prime number

Amazon's shift to one-day shipping as the core benefit of its Prime membership program promises to significantly alter Amazon’s financial picture and accelerate the pace of global online commerce. On this special episode of the GeekWire Podcast, reporter Nat Levy joins us to look at the implications of this move for Amazon, its customers, competitors, investors and the shipping + logistics industry. 

Updated on May 13
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Key Smash Notes In This Episode

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Amazon is planning to transition their 2-day Prime shipping to a 1-day shipping program and is spending a significant amount of money on this investment.

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Amazon Prime is now 14 years old. Free 2-days shipping has been their advantage for most of this time, but many retailers are catching up. Target and Walmart now have a version of two day shipping, as well as a network of stores which could be turned into local fulfillment centers. Amazon needs to set a new standard, and one-day shipping seems to be it.

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In the first quarter of 2019, Amazon spent 7.3 billion on shipping costs alone.

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Amazon Yesterday Shipping is a new product that you can order tomorrow to get delivered to your door yesterday.

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