Investing in the Last Mile Network: The E-Commerce Effect
Stord
JULY 21, 2019
Monday, July 22, 2019 Amazon Prime customers are used to Amazon Prime’s one and two-day shipping delivering items one to two days after purchase. So when some of the 175 million items purchased on 2019’s Amazon Prime Day were delivered just a couple days later than expected , customers were dismayed. This is the Amazon Effect, the raised consumer expectations that have resulted from the $989B market cap company’s evolution of the e-commerce industry.
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