Amazon delays Prime Day until October
Amazon has delayed its annual shopping event several times in recent months due to coronavirus-related issues.
That’s three months later than anticipated and the first time in history the event will take place in a month other than July.
Amazon’s Prime Day summer sale is usually held in early July to commemorate the company’s founding date of July 5, 1994, reports laptopmag.com.
In recent weeks, the coronavirus has shown signs of resurgence, prompting many businesses that had reopened to close their doors again. Amazon is apparently postponing Prime Day again because it fears its supply chain could get negatively affected because of the spike.
If Prime Day 2020 gets pushed back any further, it may clash with the Holiday 2020 shopping season. It would also come as no surprise if Amazon were to cancel Prime Day 2020 altogether as the COVID-19 pandemic continues to spread.
Meanwhile Walmart is close to finally unveiling its own membership program that it hopes will eventually become an alternative to Amazon Prime.
The membership, to be called Walmart Plus, will cost $98 a year — less than Amazon’s $119-per-year Prime service, according to Recode.
Still, it’s unclear if it can compete with Amazon, which was responsible for 39% of all online sales, compared to Walmart’s 5%, according to eMarketer.
More Amazon news
New Amazon “FBA Liquidations” and “FBA Grade and Resell” programs
New Amazon FBA programs give unsold inventory new life Amazon has introduced “FBA Liquidations” and “FBA Grade and Resell” programs to help merchants resell customer-returned or overstocked items. Once fully implemented, the programs are expected to save more than 300...
5 main reasons shipping costs from China will continue to rise
Logistics problems with "Made in China" products Covid-19 pandemic has led to drastic inflation in shipping costs and delays for goods purchased from China. Let’s go through the main factors that cause this havoc: Severe congestion at largest US ports Online shopping...
Facebook restricts targeted advertising to teenagers
Facebook will stop advertisers from targeting minors Facebook plans to prohibit companies from targeting ads to minors based on their web and app activity, as well as their expressed interests. Instead, the company will restrict targeting categories for users under 18...