In an article on Fool, it was reported that Amazon.com, Inc. (NASDAQ:AMZN) is now rigorously looking for methods using which, it could reduce its dependency on the online store and increase its physical store business. A recent survey depicted that people in US mostly prefer shopping in physical stores. Amazon.com, Inc. (NASDAQ:AMZN) has started one or two-day delivery services in many areas. The company recently launched in grocery delivery service called AmazonFresh.
The source said that Amazon is also using warehouse repositories to let the customer pickup their orders anytime they want. The company also uses a special predictive software in order to foresee the items and product lines which are likely to be bought by customers. The software idea is known as “anticipatory shipping” and Amazon.com, Inc. (NASDAQ:AMZN) is purportedly trying new things to refine it.
Amazon.com, Inc. (NASDAQ:AMZN) is pushing hard to make its deliveries fast but nothing seems to be working as of now. From drones to 3D printing, Amazon.com, Inc. (NASDAQ:AMZN) has a bundle of ideas in the pipeline.
FAA regulatory rules are the paramount hurdle for Amazon.com, Inc. (NASDAQ:AMZN). Recently, the company wrote a letter to FAA and said that if it will not be allowed to start using commercial drones for delivery services in the US, the company will take the program outside the country. FAA rules prohibit the use of commercial drones. Amazon.com, Inc. (NASDAQ:AMZN) claims that if the drones are allowed, the company would be able to deliver products in just 30 minutes from the time of order.
The source also reported that Amazon is testing bikes to delivery orders to users. The company assigned bikes to delivery boys and gave them addresses. The delivery time was noted down and compared with normal delivery means. This could turn out to be a key change in the company’s delivery mechanisms in the future.
Ken Fisher’s Fisher Asset Management owns over 2.4 million shares in Amazon.com, Inc. (NASDAQ:AMZN).