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Amazon did not become the world’s largest retailer by being the cheapest. It did so by being the fastest.
For much of retail history, waiting was an accepted part of commerce. Delivery times stretched into weeks, and delays were expected. Amazon challenged that norm by treating time itself as a product feature.
The introduction of Amazon Prime marked a turning point. For an annual fee, customers received faster shipping — framed as “free,” even though the cost was embedded elsewhere. The psychological impact was significant. Once delivery speed became predictable and rapid, waiting began to feel like a penalty.
Behavioural economists describe delay as a form of psychological cost. The longer the gap between desire and fulfilment, the more likely consumers are to abandon a purchase. By shrinking that gap, Amazon reduced friction at the moment of decision.
Prime also created a sunk-cost effect. Having paid for membership, customers felt incentivised to use Amazon more frequently to justify the expense. Over time, this reinforced habit formation.
Amazon’s investments in logistics — warehouses, delivery networks, last-mile infrastructure — were capital-intensive, but they reshaped consumer expectations across e-commerce. Speed became the baseline, not the exception.
The effect rippled outward. Competing retailers were forced to accelerate their own delivery promises, often at the expense of margins. Consumers grew less tolerant of delays, even when shopping for non-essential goods.
Amazon’s greatest achievement may have been psychological rather than logistical. It trained consumers to expect immediacy — and in doing so, made patience feel obsolete.
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