Amazon is a fairly constant topic here at the Food Institute Blog, and within the past few weeks, the company gave us plenty to write about. From the expansion of Amazon Payments to new products linked to Dash Buttons to the expansion of same-day delivery, the company is showing that it isn't planning to take a break on innovation.
The company plans to expand free same-day delivery to 11 more cities, with a focus on mid-sized cities including Cincinnati, Nashville, and Milwaukee. The company planned to expand the service in areas they already serve by introducing same-day delivery to more neighborhoods, including Los Angeles and the Dallas-Fort Worth area. Amazon also plans to expand its Prime Now service by selling major brands' promotional deals connected to expansion.
PayPal and other online payment services should also take note: the classic disrupter is aiming for that market, as well. Amazon noted it would expand the partner program aspect of Amazon Payments, providing third-party retailers the ability to accept payments from customers through the service. The launch of the Amazon Payments Global Partner program is designed to help developers and other platform providers integrate with Amazon Payments, all so they can offer the "Pay with Amazon" option at checkout.
Last year on April Fool's Day, Amazon unveiled the Dash Button program. By October, the company was gaining headway with the wifi-enabled reordering devices, and on Mar. 31, the company rolled out a number of additional products connected to the program. Brawny, Charmin, Clorox, Doritos, Energizer, Gain, Honest Kids, L’Oreal Paris Revitalift, Lysol, Peet’s Coffee, Playtex, Purina, Red Bull, Seventh Generation, Slim Jim, Snuggle, Starbucks, Trojan, Vitamin Water, and more signed up to offer their products through the innovative program.
As always, Amazon remains at the forefront of the retail evolution. The rapid expansion of their delivery services, the introduction and expansion of the Dash button and now the online payments factor all give the company a self-contained retail ecosystem. With this model, the company will likely attract and retain more and more customers. The question is, how will other retailers respond?
Grocery shopping has evolved from a Main Street event (where we go to our local market frequently to purchase food and goods) to an order most anything, from anywhere, at any time online. Online shopping, which started off slowly, was initially an underwhelming choice for consumers. As the internet grew along with smartphones, more started to shop online.read more
According to recent data from the Plant Based Food Association (PBFA), U.S. retail sales of plant-based foods outpaced total food sales during the pandemic by a considerable margin. Peak panic buying in mid-March saw plant-based food sales up 90% compared to the...read more
Chris is a business writer and market analyst that focuses on the Markets, Legal and Washington sections of the Food Institute Report. In addition, he assists in compiling data for various Food Institute publications throughout the year. He invites you to contact him via email at email@example.com to talk about anything food-related.
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