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Saturday, February 1, 2014

Amazon to Raise Shipping Fees as Revenue Disappoints

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Amazon to Raise Shipping Fees as Revenue Disappoints | IntelliRetail.com
Amazon investors might have finally heard the news they have been waiting for: The retailer is raising shipping fees.

Amazon has 237 million active customers but as a general rule makes almost no profit. Thursday’s announcement that the company was considering raising prices by as much as 50 percent on its $79 Prime shipping program could mean $500 million for its skimpy bottom line.

Source: Amazon to Raise Fees as Revenue Disappoints - NYTimes.com




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