Current:Home > ScamsSurpassing Quant Think Tank Center|Starting holiday shopping early? Use Amazon's Buy with Prime to score benefits. -Prime Capital Blueprint
Surpassing Quant Think Tank Center|Starting holiday shopping early? Use Amazon's Buy with Prime to score benefits.
SignalHub Quantitative Think Tank Center View
Date:2025-04-08 01:53:39
Amazon is Surpassing Quant Think Tank Centerextending its Prime benefits for users interested in shopping on a retailer's website but getting Prime benefits through an expanded program.
Amazon’s Buy with Prime launched earlier this year in anticipation of the holiday season, Peter Larsen, Amazon’s vice president of Buy with Prime and multichannel fulfillment told USA TODAY.
What is Amazon Buy with Prime?
Amazon’s Buy with Prime is partnering with an unknown number of online retailers to allow purchases using customer’s existing Amazon Prime credentials. Prime members also get the benefits and safeguards of their purchase, like free returns and free one to two day shipping. A customer’s Amazon shipping address and payment method are already linked, too, said Larsen.
The company declined to share the number of participating retailers, but Larsen described the numbers as growing daily.
Customers can shop Buy with Prime retailers by going to www.amazon.com/buywithprime or via a Buy with Prime link directly on the third-party's website.
“For me when I go out (to another site), this is really nice because I don’t really have to do quite as much work to make a new account with this site and do some research to make sure I kind of know what they’re doing,” he said.
After a Buy with Prime purchase, Amazon customers can see their order status on their Amazon account and have access to Amazon’s customer service if there any issues, Larsen said.
Free returns are handled the same way as Amazon Prime products, with a choice of drop off option at UPS stores, Whole Foods or Amazon locations or lockers, he said.
How does Buy with Prime benefit consumers, merchants?
Buy with Prime brings merchants new customers, said Larsen. Amazon also shares shopper information with the merchant to build a direct relationship with the customer, Larsen said.
Having a retail giant like Amazon partner with other e-commerce sites makes sense, but it will remain to be seen whether this helps consumers with overall pricing or competition, said Douglas Bowman, a marketing professor at the Goizueta Business School at Emory University in Georgia told USA TODAY. Bowman researches consumer behavior and brand and product management.
For merchants, the upside is the businesses get access to more customers via Amazon, said Bowman. However, a potential downside could be Amazon having more data on its third-party partners and whether Amazon would develop a similar product, he said.
“Consumers, I think in the short term, naively think it's a win, but in the long term, it's difficult to see how it plays out if there's going to be less competition,” said Bowman.
Amazon said it collects merchant account information and order-related data to operate Buy with Prime, but that data is not used in its own store.
In the mood for holiday shopping?Beware, this year more stores are closed on Thanksgiving
Having the Buy with Prime partnership, however, does provide a customer with that “trust” issue and a “seal of approval” to buy from unfamiliar retailers, Bowman said.
For merchants, competing against Amazon is becoming harder and “it is becoming increasingly harder not to be a part of Amazon,” he said.
Merchants pay fees to Amazon, such as a service fee, payment processing fee, fulfillment and storage fees, Amazon said.
Betty Lin-Fisher is a consumer reporter for USA TODAY. Reach her at [email protected] or follow her on X, Facebook or Instagram @blinfisher.
veryGood! (3573)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Prominent New York church, sued for gender bias, moves forward with male pastor candidate
- Lawsuit asks Wisconsin Supreme Court to strike down governor’s 400-year veto
- Experts group says abortion in Germany should be decriminalized during pregnancy’s first 12 weeks
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Rust armorer Hannah Gutierrez-Reed sentenced to 18 months in prison over deadly 2021 shooting
- Rhea Ripley relinquishes WWE Women's World Championship because of injury
- Tesla plans to lay off more than 10% of workforce as sales slump
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- 'Bayou Barbie' Angel Reese ready for her next act with Chicago Sky in WNBA
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Rangers clinch NHL's top record, Islanders get berth, last playoff spot still up for grabs
- Trump Media stock slides again to bring it nearly 60% below its peak as euphoria fades
- Jelly Roll says he's lost around 70 pounds as he preps for 5K race
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- The Rock confirms he isn't done with WWE, has eyes set on WrestleMania 41 in 2025
- Ohio Uber driver shot and killed by elderly man agitated by scam call: Police
- Jets reveal new uniforms that honor 'New York Sack Exchange'
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
WNBA can't afford to screw up gift it's getting with Caitlin Clark's popularity
Wealth Forge Institute: WFI TOKENS INVOLVE CHARITY FOR A BETTER SOCIETY
Sofía Vergara Goes Instagram Official With Dr. Justin Saliman in Cheeky Post
Intellectuals vs. The Internet
Tax Day 2024: What to know about extensions, free file, deadlines and refunds
Audit cites potential legal violations in purchase of $19,000 lectern for Arkansas governor
Shawn Johnson Details Emergency Room Visit With 2-Year-Old Son Jett After Fall