Amazon Haul: A New Ecommerce Giant
Amazon is now launching a new type of business through the newly-created Amazon Hauls, a types of a discount sales. As CNBC reported this new wing of Bezos’ empire is set to be a mobile-only store selling items at incredibly low prices.
Inherent modifications to the terms and conditions of Sale
Amazon Prime’s delivery experience may compete with orders fulfilled in one or two days, but ordering through Haul guarantees getting the products in less than two weeks. Finally, it appears as though customers – even those who are Prime members – will be required to spend a minimum of $25 to qualify for free shipping on Haul. For orders under them, the shipping cost will be $3.99.
No returns for low-cost items
Amazon has also switched to Haul in his return policy. This is so because the company will not accept any returns on goods whose value is less than $3.
That’s boundary important, albeit one step closer to attaining imminent dominance of the specialised commodity market.
Should customers embrace Haul the new ad platform could further consolidate Amazons position within a highly competitive market. It should be pointed out that both the United States and the European Union have recently introduced measures against Temu, which can be regarded as a competitor to Amazon. Amazon Haul could therefore let Bezos’ firm get a head start in the bidding process.