Piper Jaffray’s report also broke down the popularity of Amazon based on household income. It found that the Seattle retail giant is the favorite among teens from upper-income families (with an average income of $101,900), it also saw strong growth in the $41,000-$68,000 household income bracket. Piper Jaffray says this may be a sign that Amazon’s efforts to convert lower-income consumers is working.
For example, buying a $100 Starbucks gift card at the grocery store could earn you $6 on program that offers 6% cash back. I caution you to read the fine print to make sure gift cards earn reward points, and to make sure the store rings them up as merchandise. Stores pay credit card networks every time you use your card, and those reward cards cost store owners even more! Remember that tidbit every time you use your high rewards card in a little mom and pop place!
Things tend to get lost in the move—like a few decorations, your favorite shirt, and for whatever reason a complete knife set. If you're not looking to spend too much, this colorful, stainless steel set from Vremi is one of the best knife sets we've tested under $100 and will help make your kitchen feel a little more together. They come with hard plastic covers that are ideal for storage and right now, you can get them at their lowest price. They're not the sharpest knives out there, but they make a great set for a basic kitchen.
Bezos selected the name Amazon by looking through the dictionary; he settled on "Amazon" because it was a place that was "exotic and different", just as he had envisioned for his Internet enterprise. The Amazon River, he noted, was the biggest river in the world, and he planned to make his store the biggest bookstore in the world. Additionally, a name that began with "A" was preferential due to the probability it would occur at the top of an alphabetized list. Bezos placed a premium on his head start in building a brand and told a reporter, "There's nothing about our model that can't be copied over time. But you know, McDonald's got copied. And it's still built a huge, multibillion-dollar company. A lot of it comes down to the brand name. Brand names are more important online than they are in the physical world."
Amazon allows users to submit reviews to the web page of each product. Reviewers must rate the product on a rating scale from one to five stars. Amazon provides a badging option for reviewers which indicate the real name of the reviewer (based on confirmation of a credit card account) or which indicate that the reviewer is one of the top reviewers by popularity. Customers may comment or vote on the reviews, indicating whether they found a review helpful to them. If a review is given enough "helpful" hits, it appears on the front page of the product. In 2010, Amazon was reported as being the largest single source of Internet consumer reviews.
Sign up for Amazon Family and a Prime account to get special offers, coupons and discounts on family-oriented items. If you aren't a Prime member, you'll get a 5% discount on baby food and diaper subscriptions. Prime members get an additional 15% off with five or more active subscriptions. Get a 15% discount code and a free Welcome Box when you sign up for the Baby Registry.