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Free shipping is a marketing tactic used by online vendors to attract customers by lowering up-front prices and adding shipping costs later. Learn how free shipping works, its benefits and drawbacks, and its popularity among online shoppers.
Learn about the origins, growth, and achievements of Amazon, the American multinational technology company that focuses on e-commerce, cloud computing, and digital streaming. Find out how Jeff Bezos founded Amazon in 1994, how it became one of the world's most valuable brands, and what challenges it faced along the way.
Free Shipping Day is an annual online shopping event in mid-December that offers free shipping with guaranteed delivery by Christmas Eve. Learn about its history, statistics, global expansion and media coverage.
To qualify for free shipping, non-Prime members typically have to purchase an order totaling at least $25. On Monday, the e-commerce giant said it has raised that minimum to $35.
Free trade is a trade policy that does not restrict imports or exports and is advocated by economically liberal parties. Learn about the features, economic models, history, and challenges of free trade from this comprehensive Wikipedia article.
This strategy may contradict anti–trust law, attempting to establish within the market a monopoly by the imposing company. [20] Predatory pricing mainly occurs during price competitions in the market as it is easier to obfuscate the act. Using this strategy, in the short term consumers will benefit and be satisfied with lower cost products.
Build to order (BTO) is a production approach where products are not built until a confirmed order for products is received. The ordered product is customized, meeting the design requirements of an individual, organization or business. Learn about the advantages, disadvantages and examples of BTO in different industries.
An example of this strategy is the furniture industry, where production strategy has to follow a pull-based strategy, since it is impossible to make production decisions based on long-term forecasts. However, the distribution strategy needs to take advantage of economies of scale in order to reduce transportation cost, using a push-based strategy.