Amazon said it's delivering a greater share of orders the same or next day to Prime members in the top 60 U.S. metro areas.The company has boosted investment in fast shipping as it looks to retain shoppers in an increasingly competitive online shopping market.says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is promoting to customers as it faces heightened competition in online shopping.
The company said on Monday that nearly 60% of orders placed through Prime in the top 60 U.S. metro areas in the first quarter arrived the same or next day. That is up from roughly 50% in the second quarter of 2023. It is a topic that will be of notable interest to investors when Amazon reports first-quarter earnings after the close of trading on Tuesday. Wall Street expects the company to post another quarter of double-digit revenue expansion and for profits to more than double from a year earlier.Speedy delivery is a hallmark of Amazon's Prime subscription offering, which charges members $139 a year for benefits such as two-day shipping and video streaming.
"As we get items to customers this fast, customers choose Amazon to fulfill their shopping needs more frequently," CEO Andy Jassyearlier this month."And we can see the results in various areas including how fast our everyday essentials business is growing ."Amazon has already stood up more than 55 same-day delivery sites in the U.S., primarily clustered around major metro areas.
Same-day sites also condense the fulfillment process, typically spread across multiple Amazon facilities under one roof. A package makes fewer stops on its route to a shopper's doorstep, which cuts down on costs per shipment.have stepped up their delivery game. Walmart says it can deliver items to shoppers in as little as 30 minutes, while Targetlaunched a new loyalty program that offers same-day delivery on orders more than $35 in as little as an hour.