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    Retail MarTech AI
    You are at:Home » Free Shipping is a Myth – The Ultimate Truth

    Free Shipping is a Myth – The Ultimate Truth

    0
    By AM on June 7, 2022 Retail Shipping

    Free Shipping is never Free – Watch the Videos for the Ultimate Truth

    FedEx, UPS and Amazon make deliveries on behalf of retailers advertising “free” shipping. But, none of those packages are being shipped for free. There were over 131 billion parcels shipped worldwide in 2020, and parcel shipments are expected to double again in the next five years, possibly reaching 266 billion by 2026, according to Pitney Bowes.

    The cost of shipping is becoming ever-increasing. Companies like Amazon, Walmart, Target and even Etsy benefit from economies of scale because they generate mass online sales. This puts them at an advantage toachieve bulk discount rates from carriers.

    Watch the video above to learn why free shipping is a myth, what it really costs companies to send parcels around the country and how it impacts consumer sentiment.

    CNBC

    The Myth of Free Shipping

    There were more than 131 billion parcels shipped worldwide in 2020, and parcel shipments are expected to double again in the next five years — possibly reaching 266 billion by 2026 — according to Pitney Bowes. “When consumers click that ‘buy’ box, they often don’t see the labor that leads to a box on their doorstep,” Ellen Reese, a sociology professor at UC Riverside and co-editor of “The Cost of Free Shipping: Amazon in the Global Economy,” told CNBC.

    And those shipping costs are ever-increasing. “Anyone can offer an Amazon Prime two-day shipping. It’s just the cost that…might incur in providing that service,” Dhruv Saxena, co-founder of third-party logistics company ShipBob, told CNBC. He estimates it may cost a company anywhere from $25 to $35 for a typical two-day shipping rate.

    CNBC

    Who Pays the Price for Amazon’s Free Shipping ?

    There is no Free Shipping

    The Real Truth behind Free Two Day Shipping

    The Dark Truth Behind Free Two Day Shipping

    View, Read and Learn more here:

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    Amazon Free Shipping Cost of Free Shipping Free Shipping is a Myth Free Shipping is not Free The Hidden Truth about Amazon Free Shipping
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    AM
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    AM, The Founder and CEO of RetailMarketingTechnology.com is an Entrepreneur & Business Management Professional with over 20+ Years Experience and Expertise in many industries such as Retail, Brand, Marketing, Technology, Analytics, AI and Data Science. The Industry Experience spans across Retail, FMCG, CPG, Media and Entertainment, Banking and Financial Services, Media & Entertainment, Telecom, Technology, Big Data, AI, E-commerce, Food & Beverages, Hospitality, Travel & Tourism, Education, Outsourcing & Consulting. Currently based in Austria and India

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