Amazon is hinting it has a new plan to make boatloads of money from Alexa (AMZN)
AP/Elaine Thompson
- Amazon's Alexa voice platform allows customers to shop on Amazon with voice commands rather than browsing and selecting.
- Amazon has been making it easier to shop using voice with Alexa, but the company's focus now seems to increasingly be turning to using the voice assistant as a platform to trial digital subscriptions like music and video streaming.
- In its most recent earnings call, Amazon executives hinted that the company would focus more on selling services, like Amazon's unlimited music-streaming service, to go along with its Alexa devices.
Amazon's Alexa voice assistant is maturing, and so is its path to monetization.
In Amazon's quarterly earnings call on July 26, the company's head of investor relations, Dave Fildes, said that people were "enjoying" the company's Alexa-powered devices, but didn't directly address its role as a voice-shopping service.See the rest of the story at Business Insider
NOW WATCH: Why Rolex watches are so expensive
See Also:
- Kroger is launching free delivery on thousands of items in a new offensive against Walmart, Amazon, and Target
- Amazon made an important investment in Seattle, and it highlights a key issue for HQ2
- Amazon is launching a better version of the post office in cities around the country. Here's what it's like to use.