New Competition for Amazon Prime
Other retailers are offering fast, free shipping, so Amazon is upping the ante.
Who isn’t disappointed when an online shopping cart doesn’t qualify for free shipping? Or grumpy about a three- to five-day wait for delivery? Amazon has accustomed shoppers to free shipping and a two-day wait, so now other retailers are introducing ways for customers to get fast, free shipping.
Many are mimicking Amazon’s $99-a-year Prime program with their own membership plans. For example, Wal-Mart is testing an unlimited free shipping program that will cost $50 a year. Overstock.com and ShopRunner.com offer similar programs for $20 a year and $79 a year, respectively. So far, few merchants offer shipping as speedy as Amazon’s, or perks such as access to movies. But as companies continue to improve supply and shipping networks, look for faster arrivals.
In response, Amazon is scrambling to preserve its lead. In some cities, the company now offers one- or two-hour delivery for groceries and household essentials, and same-day delivery for other items. It will also ship some items that weigh less than eight ounces and cost less than $10 free to all customers.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
To continue reading this article
please register for free
This is different from signing in to your print subscription
Why am I seeing this? Find out more here
-
The (R)evolution of Retirement Income Planning
With AI on the horizon to enable the optimization of retirement income plan choices, the retirement fortunes of retirees are about to improve.
By Jerry Golden, Investment Adviser Representative Published
-
Five Steps to Sorting Out Your Asset Allocation
Investing decisions can be daunting, but following this five-step process can make it easier to figure out how to allocate your investments.
By Carol A. Bogosian, ASA Published
-
403(b) Contribution Limits for 2024
retirement plans Teachers and nonprofit workers can contribute more to a 403(b) retirement plan in 2024 than they could in 2023.
By Jackie Stewart Published
-
Roth IRA Contribution Limits for 2024
Roth IRAs Roth IRA contribution limits have gone up for 2024. Here's what you need to know.
By Jackie Stewart Published
-
Four Tips for Renting Out Your Home on Airbnb
real estate Here's what you should know before listing your home on Airbnb.
By Miriam Cross Published
-
Five Ways to a Cheap Last-Minute Vacation
Travel It is possible to pull off a cheap last-minute vacation. Here are some tips to make it happen.
By Vaishali Varu Last updated
-
How Much Life Insurance Do You Need?
insurance Instead of relying on rules of thumb, you’re better off taking a systematic approach to figuring your life-insurance needs.
By Kimberly Lankford Published
-
Five Reasons You Shouldn't Shop on Amazon Prime Day
Smart Buying Think twice before getting lured into buying a bunch of stuff you don't need just because it's on sale.
By Andrea Browne Taylor Published
-
When Is Amazon Prime Day?
Amazon Prime In 2023 Amazon had two Prime Day events — one in July and another, called Big Deal Days, in October. We expect 2024 to follow the same schedule.
By Bob Niedt Last updated
-
How to Shop for Life Insurance in 3 Easy Steps
insurance Shopping for life insurance? You may be able to estimate how much you need online, but that's just the start of your search.
By Kaitlin Pitsker Published