Is Amazon Flex Worth It in 2023? A Closer Look at its Lucrativeness

TLDRAmazon Flex is no longer as profitable as it used to be due to a lack of shifts, increased competition, and additional expenses

Key insights

💡Amazon Flex has become less lucrative due to a shortage of available shifts

🚚Amazon now prefers to use their own delivery service providers (DSPs) for cost reduction

💰Flex drivers now have to pay for their own insurance, adding to their expenses

🤖Some drivers are resorting to using bots to secure shifts

📈Accepting base rates may not be lucrative in the long run

Q&A

Why are there fewer shifts available in Amazon Flex?

Amazon is giving more parcels to their DSPs and has onboarded more Flex drivers, resulting in increased competition.

Why do Amazon Flex drivers have to pay for their own insurance?

Amazon now requires drivers to have individual insurance coverage, which they can obtain through a third-party courier service.

What are bots and how are they affecting Amazon Flex?

Bots are third-party tools that some drivers use to book shifts. Amazon is aware of this issue but has not completely resolved it yet.

Is accepting base rates a good option?

Accepting base rates may be necessary to earn money, but it may not be as lucrative as waiting for surge pricing.

Will the current situation with Amazon Flex improve in the future?

It is uncertain if the current issues with Amazon Flex will improve in the future. Factors such as competition and Amazon's business decisions will have an impact.

Timestamped Summary

00:00In this video, we discuss whether Amazon Flex is worth it in 2023 and analyze its profitability.

03:29The shortage of shifts and increased competition make it challenging to secure Amazon Flex shifts.

05:59Flex drivers now have to pay for their own insurance, adding to their expenses.

04:51Some drivers are resorting to using bots to secure shifts, although this may result in penalties from Amazon.

06:31Accepting base rates may not be as lucrative as waiting for surge pricing in the long run.