Amazon plans to delay Prime Day until at least August - Business Insider

Delaying Prime Day should impact the e-commerce industry overall by forcing retailers that compete with the event to adjust their strategies and postponing holiday shopping.

Retailers that try to go head-to-head with Prime Day will need to adjust their strategies to compete with the event whenever it occurs. Merchants eBay, Target, and Walmart held their own sales events on and around Prime Day in an effort to steal sales and capitalize on the increase in shopping activity.

But these retailers may not be able to manufacture this kind of activity without Prime Day. This would mean that any plans they had to attract consumers and bring in revenue during the event in July will probably need to be put off too, potentially further altering their revenue expectations in an already complicated year.

Holiday shopping may start later in 2020 because many consumers have made early holiday purchases on Prime Day in the past, possibly creating a more concentrated sales season.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Always Day One: Facebook, Amazon and Google's business secrets revealed - Business InsiderA new book reveals Facebook, Amazon and Google's business secrets. Here's a breakdown of the key lessons from 'Always Day One'. 'Always day 1' is Bezos line CarolNdosi nk_unu MyChildYourChildOurChildren „There would be much less evil in the world, if it coulden't be done in the name of good.“ Marie v Ebner-Eschenbach. (Follow & SUPPORT my LAWSUIT at ICJ in Den Hague against CHILD TRAFICING organised by GOVERNMENTS & EMPLOYERS:
Source: BusinessInsider - 🏆 729. / 51 Read more »

Fired Amazon worker says company isn't being honest about number of coronavirus cases, plans new strikeChris Smalls was recently fired after protesting the company's coronavirus safety precautions in a New York City warehouse. Kicking against the pricks Timing is everything I'm still using Amazon though.....
Source: Newsweek - 🏆 468. / 52 Read more »