MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Amazon’s same day delivery move is proving to be a threat for other retailers

Amazon’s same day delivery move is proving to be a threat for other retailers

E-commerce giant Amazon recently gained a significant edge over its counterpart retailers like Wal-Mart, Kroger, home stop, and other retailers by increasing benefits to its shoppers. Amazon is said to have begun turning out free one-day delivery on more than 10 million products. Amazon stated that they would start delivering groceries within a two-hour window to all prime members. Due to the increase in delivery speed, the stocks have rapidly gone up more than 18% this year.

To abstain from falling back in the competitive race, other retailers are compelled to make up for faster one-day delivery, and this puts pressure on their income, profits, and edges. The new move makes it appear like the company is ok with moderate growth, and also, there is speculation that the Big6 would observe a decrease in their retail sales by 21% in 2020. By providing faster delivery, Amazon is becoming a threat to its retail counterparts, and this is creating adversity in the market. Amazon’s move might seem like the next big thing in the retail sector, but ethically, the retail giant must consider the contending retail enterprises because it questions their sustainability. On the bright side, Amazon has indirectly ignited the zeal in its competitors to up their business plan.

YOU MAY ALSO LIKE

Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...

RECOMMENDED