Its strengthening delivery and shipment services, expanding music and video content and a robust loyalty system are constantly boosting Amazon’s Prime subscriber base.Īll the benefits are aiding Amazon in delivering better shopping experiences to its Prime members. The Prime program remains a key catalyst for AMZN’s top-line growth, backed by customer-friendly offers and cashback benefits. The same for online store sales is pegged at $228.3 billion, indicating growth of 4% from 2022.Ī, Inc. The move is likely to contribute well to Amazon’s physical store sales as well as online store sales, which were $4.9 billion and $57.3 billion in third-quarter 2023, up 6% and 7%, respectively, year over year.įor 2023, our model projects $20.8 billion in physical store sales, indicating growth of 9.6% from 2022’s level. The latest move is likely to bolster the company’s grocery retail business as well as drive grocery sales growth during this holiday season. This, in turn, will likely encourage signups for the new service and boost the adoption of Prime membership. Members will not be required to pay any of the fees with the new service. They are also required to pay a $9.95 fee for Whole Foods orders. They will also get unlimited 30-minute pickup on orders of any size.Ĭurrently, Prime members pay a fee of $6.95 for Fresh orders between $50 and $100 and $9.95 for orders less than $50. With this service, Prime members will get access to unlimited grocery deliveries from Whole Foods and Amazon Fresh on orders more than $35. cities - Denver, CO Sacramento, CA and Columbus, OH. The new service is in the pilot stage, which is being tested in three U.S. This is evident from its latest trial of a grocery subscription service for Prime members, priced at $9.99 per month. It is leaving no stone unturned to drive its Prime momentum on the back of perks, facilities and services. Amazon ( AMZN Quick Quote AMZN - Free Report) is constantly making solid efforts to enhance its e-commerce offerings on the back of its Prime program.
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