OK Google, is This a Problem? - Deepstash

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OK Google, is This a Problem?

Unless a person has a disordered problem with online shopping, wanting quick delivery is not a problematic example of instant gratification. And because of free return policies, consumers often buy an item with the understanding it might be sent back, which means they aren’t even committed yet to the purchase.

The same year Amazon Prime started, only 46 percent of Americans had ever bought a product online. Thus, prompt delivery didn’t stem from consumers’ demand for instant gratification. It came from a retailer’s demand for consumers.

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Psychologist Walter Mischel, head of the famous Stanford Marshmallow Study, offered preschool-aged children their choice of marshmallows or pretzel sticks. He then told them they could have the treat now, or if they could wait 15 minutes to snack they would be rewarded with more....

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The Amazon Effect

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Rapid delivery is a relatively new phenomenon. It started when Amazon introduced Prime in 2005 and promised two-day shipping. When Amazon entered the grocery business in 2017, it made same-day delivery possible. Instead of price wars, it was time wars.

“Amazon effect” is associated with inc...

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