Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Uncategorized

Amazon offers shoppers $10 to pick up purchases as it targets delivery costs

Published On :

By Lisa Baertlein

LOS ANGELES (Reuters) – Amazon.com is offering customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing to slash costs for home delivery and returns amid slack consumer demand.

Amazon over the last few days has emailed an unknown number of Prime subscribers offering them $10 to retrieve an order of $25 or more at company pickup points at locations such as Whole Foods, Amazon Fresh or Kohl’s stores.

Amazon did not immediately respond to a request for comment.

Upstate New York-based shipping consultant Dean Maciuba was among the customers who received the offer.

Increasing use of Amazon pickup points would help the company bypass costly residential package dropoffs and is “a huge opportunity for Amazon to reduce the cost of delivery,” Maciuba said.

It also helps train consumers to tender returns directly to the company, he said.

Amazon separately has started charging some customers a $1 fee if they return packages via a United Parcel Service store when there is an Amazon pickup/return location closer to their delivery address, a change first reported by The Information news site.

Shipping companies UPS and FedEx have encouraged customers to use so-called access points, particularly in rural areas where delivering to far-flung addresses can be cost-prohibitive.

Amazon worked for years to train consumers to expect fast, no-fee deliveries and returns. As the company tightens its belt after a period of explosive growth, it has made numerous moves to reduce delivery-related costs across the company.

Amazon late last year hiked the price of its annual Prime subscription that includes free shipping benefits by $20 to $139. It also has raised minimum order thresholds for free grocery delivery, encouraged customers to have all of their packages delivered on a designated day of the week, and expanded speedier same-day parcel delivery with a fee for orders under $25.

 

(Reporting by Lisa Baertlein in Los Angeles; Editing by Sandra Maler)

 

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts