The Bigger Economic Meaning Of Amazon Prime Day
The post The Bigger Economic Meaning Of Amazon Prime Day appeared on BitcoinEthereumNews.com. UNITED STATES – AUGUST 01: Mall of America in Minneapolis, United States in August, 1992 – Roller … More coaster. (Photo by Antonio RIBEIRO/Gamma-Rapho via Getty Images) Gamma-Rapho via Getty Images In addition to the two directly connected to Bloomington, MN’s Mall of America, over fifty hotels are within a 10-minute radius of what some describe as the “Megamall.” The abundance of hotels near what is a globally prominent shopping center is no coincidence. In truth, it’s evidence of how many patrons of the Mall of America don’t reside nearby. The Megamall is a shopping destination, including for those who drive long distances and even fly to visit its myriad stores, rides, restaurants, and so much more. What does the Mall of America have to do with a column about Amazon Prime Day? Realistically very little, but also quite a lot. To see why, it’s useful to remember that the Mall of America wasn’t the only shopping locale created for consumers well beyond the metro area in which it was located. Which is where Amazon Prime Day enters the picture. Stop and think about how profoundly Amazon has changed the shopping experience. While a resident of Stillwater, OK once had to drive almost five hours for the greatly expanded variety of Dallas shops and malls, and New Orleanians formerly had to drive over five hours for Houston’s far more expansive shelves, now citizens of small towns and smaller cities alike can fulfill nearly every consumptive desire from the comfort of home. Stop and think about that. For the longest time “just ship it” was the stuff of rich people. Shopping for clothes and other items in stores, they frequently couldn’t be bothered with the hassle of bringing market goods home, particularly while traveling, the cost of shipping be damned. As…
The post The Bigger Economic Meaning Of Amazon Prime Day appeared on BitcoinEthereumNews.com.
UNITED STATES – AUGUST 01: Mall of America in Minneapolis, United States in August, 1992 – Roller … More coaster. (Photo by Antonio RIBEIRO/Gamma-Rapho via Getty Images) Gamma-Rapho via Getty Images In addition to the two directly connected to Bloomington, MN’s Mall of America, over fifty hotels are within a 10-minute radius of what some describe as the “Megamall.” The abundance of hotels near what is a globally prominent shopping center is no coincidence. In truth, it’s evidence of how many patrons of the Mall of America don’t reside nearby. The Megamall is a shopping destination, including for those who drive long distances and even fly to visit its myriad stores, rides, restaurants, and so much more. What does the Mall of America have to do with a column about Amazon Prime Day? Realistically very little, but also quite a lot. To see why, it’s useful to remember that the Mall of America wasn’t the only shopping locale created for consumers well beyond the metro area in which it was located. Which is where Amazon Prime Day enters the picture. Stop and think about how profoundly Amazon has changed the shopping experience. While a resident of Stillwater, OK once had to drive almost five hours for the greatly expanded variety of Dallas shops and malls, and New Orleanians formerly had to drive over five hours for Houston’s far more expansive shelves, now citizens of small towns and smaller cities alike can fulfill nearly every consumptive desire from the comfort of home. Stop and think about that. For the longest time “just ship it” was the stuff of rich people. Shopping for clothes and other items in stores, they frequently couldn’t be bothered with the hassle of bringing market goods home, particularly while traveling, the cost of shipping be damned. As…
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