Prime Changed My Buying Habits, But Is the Cost Worth It?
Amazon pioneered the idea of expedited shipping of online purchases with the launch of Amazon Prime in 2005.
The program seemed unsustainable at first but over time,Amazonhas proven its worth exponentially.
Prime changed buying habits, propelled the notion of e-commerce and decimated traditional retailers.
While insightful, this data isn’t all that useful without factoring in shipping costs.
In recent years, I’ve clearly become more patient and have subsequently curtailed the extra spending.
Other fun facts:
Something else worth factoring into the equation is tax.
If it was sold to me by a third-party seller, no tax was collected.
Of the 78 orders I placed in 2017, tax was collected on 41 of them.
At the extremes, Prime is a win-win proposition for Amazon.
