Has Walmart Made Amazon Prime Irrelevant?
Amazon (NASDAQ: AMZN) customers pay $119 per year or $12.99 a month for Prime, which gives them unlimited free one- or two-day shipping on over 100 million items. It's an offer that has helped the online retailer become a dominant force -- but it also requires people to pay for something that Walmart (NYSE: WMT) now offers (a version of) for free.
Walmart's shipping offer is not the same as Prime. It only covers a few million items, and customers have to place a qualifying order of over $35. The chain also only offers two-day shipping, while Amazon has moved many of its orders to one-day.
Still, free beats $119 per year, at least for many consumers. Does it make sense to drop Amazon Prime and start using Walmart? The answer may be yes, but it depends on how you shop.
Source Fool.com
