GeekWire on Smash Notes

Amazon's new Prime number

GeekWire

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. 

Episode notes last updated on May 28, 2019 21:35

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In this episode


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Smash Notes summary for this episode

Amazon is planning to spend $800 million dollars in 2019, but on what?

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.

How much does Amazon spend to deliver their services?

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

What is "Amazon Yesterday Shipping"?

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