Less than three months since its launch, online retailer Jet.com is already planning to change its revenue strategy. In a Medium blog post today, Jet.com CEO Marc Lore says the company will ditch its $49 annual membership fee to extend its reach. Jet.com is similar to Amazon in that it offers everyday items – from cleaning products and appliances to toys and sporting goods – for a low price with free shipping on orders over $35.

Topics:  medium   ceo marc lore   its smart cart    the next web   jet   amazon   membership fee   orders   items   

 

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