Low-cost online eCommerce platforms like Temu and Shein have had a strong hold on the market for a while, but that could change with the launch of Amazon Haul. The brand's new shopping experience puts a grid-style interface in the spotlight just like other low-cost online retailers where shoppers can find a variety of low-cost goods and sales to take advantage of. The new online store will also offer access to household essentials through the Staples section to maximize the easiness when it comes to finding hoodies, socks, sponges, baking equipment and more.
The brand commented on its reasoning behind launching the new Amazon Haul shopping experience, saying in a blog post that, "While Amazon continues to offer over 300 million items with fast, free delivery for Prime members […] we also hear from customers that sometimes they would love to shop ultra-low-priced products even if some of them take one to two weeks to arrive."
Branded Low-Cost eCommerce Stores
Amazon Haul Offers Low-Cost Products to Attract Shoppers
Trend Themes
1. Grid-style User Interface - Adopting a grid-style interface prioritizes visual simplicity and ease of navigation, appealing to price-conscious online shoppers.
2. Staples Section Integration - Including a Staples section in low-cost eCommerce platforms enhances customer convenience by consolidating essential household items in one accessible location.
3. Ultra-low-priced Product Focus - Focusing on ultra-low-priced products targets consumers willing to trade off delivery speed for significant savings.
Industry Implications
1. Online Retail - The growing online retail industry benefits from innovative features that cater to budget-conscious consumers seeking low-cost goods.
2. Consumer Goods - Consumer goods companies can leverage new marketplaces to reach customers looking for affordable everyday items.
3. Logistics and Delivery - Logistics and delivery services play a crucial role in supporting eCommerce platforms that promise cost efficiency over speedy delivery.