Wednesday, October 23, 2013

More Bad News at Amazon.com: They are raising the amount of money you have to spend in order to get free shipping. It's now $35, not $25.

Amazon's spin: This encourages everyone to join Amazon Prime, which gives you free two-day shipping on everything if you pay $79 a year.

The negative spin: The biggest rollback in customer benefits EVER at Amazon.

The possible real reason for the change (and it's really negative): Amazon stresses that offering low prices to fundamental to the company's success. One way they offer lower prices is through shipping offers. By cutting back on free shipping, Amazon will lose less money. And why does it need to do that? Because in all likelihood the company is HEMORRHAGING cash and needs to staunch the blood flow.

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