Prime Members Are Getting More Value From Amazon Than Ever
Prime members have had to wait longer for some Amazon (NASDAQ: AMZN) orders in recent weeks than they might be used to. The company's one-day shipping promise has fallen by the wayside amid the coronavirus pandemic.
But that doesn't mean Prime members aren't getting value from their memberships. On the contrary, Amazon's management says it's seen a lot of pickup in members using all of the benefits that come with Prime, including unlimited shipping.
"We see our Prime customers are shopping more often, and they have larger basket sizes," CFO Brian Olsavsky said on Amazon's first-quarter earnings call. "We're also seeing a lot more use of our video benefits and our digital benefits," he added.
Source Fool.com
