They must be burning lots of cash though. I placed a $100 order with about 7 items and it came in 6 different boxes.
It's an interesting business model for sure. They were spending $20-25m a month on advertising and then on top of that is selling things for less than they cost.
I have never ordered enough from amazon to make prime worth considering. The troubles I've had lately mean I just assume Amazon won't ship in time and so once I see something on amazon that I think I want I look to see who else sells it. I'll pay $.50 extra to have it shipped the next day.
Also, note that Amazon may take time to ship because they're sending it between their warehouses to ship from a closer location. For popular items they'll likely already have one near you, but for less popular ones they move it around before final delivery. So just because it takes time to ship doesn't mean it won't arrive as fast as other options. What counts is the expected delivery time, which is given when you order.
A cynical person might also believe Jet created itself to be sold off in this very way, too.
http://fortune.com/2016/05/20/the-silver-lining-in-walmarts-...
I would suspect one portion of it is their dynamic pricing model. I wish there were more info publicly available about the mechanics.
It's a pretty simple transfer of VC money to customers in an attempt to increase growth.
I guess it worked.
If you don't have Amazon's Prime, you'll see why Jet.com is worth it.
Amazon's free shipping for non-prime users are now 50$, takes 2-3 weeks to get anything, and they're limited the good deals to Prime users.
I've bought more from Jet.com than Amazon lately because the above issues.
If I was willing to pay 100$ for Prime, Jet.com isn't worth it.
Clearly she's mostly loyal to Amazon.
I must have been very wrong. I don't see how Jet justifies 3B from Walmart.
I will credit them on one point - They do seem have great employee sat that is a result of investing lots of time and energy to create a healthy environment.