PSA: Amazon Will Increase Price of Prime To $119 (cnbc.com)
EzInKy writes: Effective on May 11, Jeff Bezos says the price of Prime membership will increase to $119 from $99. Now, as much as I have enjoyed the free shipping over these many years, I just don't believe that benefit outweighs the increased cost of membership. Existing Prime members will have until June 16 to renew their membership at the current $99 price-point, notes CNBC. In its first quarter earnings call, Amazon attributed the price increase to the service's rising costs, noting that this was its first price hike since March 2014.
So, $10/month for unlimited, free 2-day delivery which often includes Sunday delivery along with streaming video is too much for the poster?
Make love, not reality television.
Ribbit
. . . probably not worth it.
On the other hand, if you're like **our** household, buy quite a bit, and quite often, from Amazon, and stream their Included-in-Prime video content, 10 bucks a month is dirt cheap.
So the question is, does Prime meet your needs for the price charged? IF so, get it. IF not, don't. It's THAT simple.
It used to, back when it was free shipping and cheap. Now it's expensive and has a bunch of other unwanted/unneeded shit bundled with it. It was nice while it lasted.
Time to pay up prime fools
I was just thinking about moving away from Amazon and starting to use some other online retailers. I guess they are helping me along. Amazon seemed like it was getting a little too big and far reaching like google.
. . . .welcome our new Amazonian Overlords, and will help overseeing slaves in their warehouses. . . . .
Uh-oh, Jeff's hobby hiking in price?
This is NOT a "public service announcement" -- this is a "HEADS UP" to inform recipients of new information.
I don't use the video service - it didn't seem to have much that interested me. On the other hand, I regularly find stuff to buy that's less expensive than the store (even basic household items) that I regularly just order it from my phone when I realize I'm almost out. It arrives 2 days later. Even if it were the same price it'd be more convenient that I don't have to go to the store for one item, but it's almost always cheaper!
Also, many things that are $10 or $20 on Amazon or e-bay are $3.25 from AliExpress, free shipping, if you're willing to wait 6-8 weeks.
"I have never let my schooling interfere with my education." - Mark Twain
I take it to mean Private Service Announcement. Unless of course you mean, Privately Served by Amazon, and its cloud army of servers, drones, smart speakers, and biodroids?
There's more to it. I love Prime and have had it since it'd debut. We still order goods of amazon weekly, if not more. However, when I first got Prime, the landscape for competition was much different than today. Amazon's success has driven competitors to follow suit and offer free / expedited shipping, reducing the value of Prime. Now they are increasing the cost and justifying it by tacking on extra services.
That's great if you use those services, but consumers that don't are seeing an increase in price and a reduction in value.
I'm personally not sure if I'll renew given I'm on of those in the middle.
Do you also say "CVT Transmission"?
In arguments do you say,"you're repeating yourself and being redundant."?
On day, I'll think I'll write a book on how sales and marketing has all of us talking like idiots.
Considering the hellish conditions in which they make their employees work and the fact that they're monopoly racing the market to the bottom, this is yet another reason to drop Amazon. Maybe with the prime hike they can afford to treat their warehouse employees like human beings.
I see that Amazon now offer free 1 day delivery to a locker in the UK if the order is over £20 (£10 for books). If you have a locker within walking distance and are organised enough to group low value orders together you get most of the Prime delivery benefits without paying.
Boo hoo hoo, company increased costs of something, in a world where everything is going up, for some reason I feel entitled to this one specific thing without any changes...
Also rather than do the mature things, either pay for it, or get rid of it, I'm going to make a social post and hope to get droves of angry nerds to share it as well.
There's also Twitch Prime, which links your Amazon Prime account with Twitch streaming service, removes ads, includes one free channel subscription and a few other perks. Not everyone's thing but it's value-add if you watch Twitch streams on a regular basis.
Is it too much to hope that the extra money goes towards paying their workers better? :/
=Smidge=
Amazon will lose some subscribers but their models guesses more will accept to offset. So far Amazon guess write often. Still some folks may wake up and realize they donâ(TM)t use enough.
https://www.marketwatch.com/story/amazon-earnings-more-than-double-sending-stock-toward-record-highs-2018-04-26
From the article: "Amazon.com Inc.’s massive growth just grew even more massive in the first quarter, as the e-commerce giant reported Thursday that profit more than doubled and sales continued to accelerate, and the company announced an increase in Prime subscription prices that should add even more."
Profits double and Amazon raises Prime membership fees. Why? Because they can.
This isn't about rising costs. Wasn't Amazon not running a profit for years and years? This is about finally capitalizing on their investment.
ain't getting the return he wants off his annual sell-off of stock. has to sell too much to get that billion bucks a year... so why not jack up prime to give a short-term boost to stock price.
expect the monthly rate to get increased soon again, as well... probably to $14.99.
Thanks Trump. Not only is gas up 25% since Obama left office, now I we have to pay more for amazon prime. Bye bye tax break...
1 - wait until the day before the next quarterly earnings call
2 - buy 1 share of AMZN
3 - sell it the next day
The profit will pay for one year of prime.
My wife stumbled upon our order history in Amazon recently, we place a Prime order about every 3 days (for at least the past 2 years).
Prime is worth every penny for us.
We do watch more Netflix than Amazon streaming, but Amazon is where we purchase things rather than our crappy cable provider - AT&T.
BlameBillCosby.com
how about some better music options on Amazon Music in Canada? Having switched from Apple Music the lack of selection is palpable.... it's actually pretty bad in my case. I don't necessarily want to spend more money simply to take advantage of receiving faster deliveries.... YMMV in Canada.
It all comes down to usage, just like every other financial decision in our lives. Also I suspect people don't work the numbers. All those things one doesn't get value out of add up to quite a bit in a year. Bank that money for something that does.
My prime just renewed in March. Unless I change my mind I think that will be it for me. Prime streaming is useless in my opinion on account of the poor content library and mediocre interface, so it's just a matter of the sometimes free shipping.
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Also, many things that are $10 or $20 on Amazon or e-bay are $3.25 from AliExpress
That's because a lot of what Amazon sells originally come from Alibaba group, and Amazon is a reseller which marks the products up to cover their own profit. Markups can be 2-10X depending.
Amazon is utterly dependent on Ali.
Revenue is up significantly across the board. They've got tens of thousands of robots working for them not requiring a wage.
If anything, I'd say this is in preparation for dropping reliance on the US Postal service due to Trump's inflammatory rhetoric.
Also, many things that are $10 or $20 on Amazon or e-bay are $3.25 from AliExpress, free shipping, if you're willing to wait 6-8 weeks.
Aliexpress we generally find takes about 2 weeks in Australia. Not bad for saving between 70%+ on amazon prices.
Besides that, for me the difference between 2-day and 5-day isn't that significant to me. Either way it's not instant gratification and I have to order in advance of my need.
XML is like violence. If it doesn't solve the problem, use more.
i guess profits weren't obscene enough already.
Shipping is free on any order over $25. Put some low-dollar stuff you want but don't need right away in your cart or on your wishlist, and add one of those items to your cart when you need to get it over $25.
The only reason to have prime is if you are always in a hurry to receive things, and if you instead only pay for that when you need it, you may be better off without prime.
I've learned to plan ahead, and I've become comfortable with ebay and other sources, and not only do I not have to pay for prime, I usually find a better price than Amazon. Particularly on small things and on grocery items, Amazon prices are kinda crap.
The downside of canceling prime is that Bezos is a vindictive SOB. They will hold your orders for up to eight days before shipping. Sometimes they do that, sometimes they ship almost as fast as prime. You just don't know how long an Amazon order will take without prime, so learn to plan ahead. Order stuff before you absolutely need it. If you're in a hurry, get it elsewhere, or pay for shipping.
SpaceX had to raise prices for NASA,
Some drink at the fountain of knowledge. Others just gargle.
So I don't know if $20 a year more is a tipping point to cause many to drop Amazon Prime? Not so much about shipping but high costs of producing in house shows that Amazon does. I already feel some products have built in some shipping in prices and some products are not such great deals. Will $20 more a year push many to drop Prime? I guess we will see.
I feel like it would look better if they just announced that a couple of services would be forked off of the regular Prime level. Fork Prime into a couple of service levels, give them fancy names to make people feel good, like "Prime One" or "Prime Alpha" etc. and INTRODUCE those levels are higher levels. Such as, they could potentially experiment with removing Streaming from the base Prime membership, but you could get it for only $5 a month. And they could use this time to also introduce a Prime level that comes with Audible membership, or a Prime level that comes with a credit card that gives you extra rewards, or a Prime level aimed at businesses that comes with a higher tier of AWS.
So the question is, does Prime meet your needs for the price charged? IF so, get it. IF not, don't. It's THAT simple.
Spot on. Why does everything have to turn into a fanboi pissing match?
I don't use it nearly enough for it to make cost-benefit sense. Cancelled!
. . . probably not worth it.
On the other hand, if you're like **our** household, buy quite a bit, and quite often, from Amazon, and stream their Included-in-Prime video content, 10 bucks a month is dirt cheap.
So the question is, does Prime meet your needs for the price charged? IF so, get it. IF not, don't. It's THAT simple.
This is /. Please stop trying to bring logic and reason into an argument.
I am in the same situation. I enjoy a number of the Amazon originals plus the some of the back catalogue. Music is OK as well but not as much of some artists I like is available. I find the shipping to be useful as I can buy any Prime item without worrying about shipping costs or getting enough to get free shipping. That makes it useful for smaller items that I can't easily find locally or simply don't want to spend the tase to drive to a store miles away to pick up. The avoided cost of tase probably saves me half or more of the Prime costs; plus I can get heavy items such as go food shipped free as well.
Now back to our regularly schedule Amazon Hate Fest...
I'm a consultant - I convert gibberish into cash-flow.
For free without any membership dues. There is a $35/min order amount to qualify.
The fact that many orders I have ordered in the recent past have failed to be delivered or even shipped on time makes me believe Amazon can no longer live up to the Prime requirements.
When you overnight a Prime product on a Wednesday you should not receive a ship date of the following Monday.
Things like that have already happened to me several times this year and all items were FBA so no third party can be blamed for shipping delays.
Sorry, teleporters just kill you and then make a copy. A perfect, soul-less copy.
Since when does $99/year equals "free shipping"? You are paying for the shipping.
I recently got the Cloud Cam Key Edition and electronic lock installed for both in-home delivery and for my family members who always lose their keys. Not to mention access for house guests. This service is only available with Prime. If I cancel, even I won't be able to use my camera or my lock any more. While the lock is a Kwikset Zigbee model, it's not standard Zigbee - it's a customized version just for the Cloud Cam. It probably won't work with standard Zigbee networks.
It would be unusual if I needed more than one order a month. Which is 5EUR *if* it is not a cheap Chinese 0.99EUR free shipping order.
And since Amazon's search is utter crap (no categories, search for a thing, oder by price, get dozens of pages of accessoires for said thing but not the thing itself ... compare that to skinflikt.co.uk [geizhals.at in English]) ... I usually order at eBay or Booklooker (German only) or something found via Geizhals.de.
Amazon is utter shit. And their behavior is even worse. Apart from being rather unnecessary. Why would I pay $10 a freakin month to bind me closer to them? That is more than I pay for my mobile plan.
You seem to buy a lot of stuff.
love is just extroverted narcissism
Yeah, now I'm paying more for NFL content I don't want.
Nullius in verba
Anything you see on amazon just find it on ebay you can get it cheaper and free shipping.
love is just extroverted narcissism
If it is yours, it is stuff. If it belongs to other people, it is shit. So: "You seem to buy a lot of shit."
Don't fight for your country, if your country does not fight for you.
Like you I buy a lot of stuff from Amazon as well. But I'm never in a hurry for it so standard free shipping has always worked for us. If we don't quite hit the $25 minimum order for free shipping, stuff sits in our cart until it does hit $25. $25 is a pretty low amount, which we seem to hit pretty easily.
When it used to cost $8.25 a month...
There are other reasons tho:
If anything I expected the price of Prime to go down not up. But if they want to be greedy I'm more than willing to "reward" them.
Disclaimer: I live in Belgium.
I would never let something deliver to my home as I am not at home most of the time. They can nit just put it in front of the door, as I would never get it. I might find some package in front of my door, but that does not mean I received anything.
That means I need to have it delivered at my work. That is inconvenient for me, as I then have to take it on the train. SO I have to pick it up. That would be either the post office, a locker (They are available at the train station) if the item is smaller or somewhere at a store.
So unless it is a smaller item that can fit in a locker, I would need to have time to pick it up at the post office or at a store. That would then be on a Saturday. Fast delivery suddenly is not an issue.
I could then just go shopping and buy it in a store.
The price difference is not that much for most things. The few EUR I might save I rather spend on seeing what I buy first. And if speeds is an issue, then I will need it NOW, not tomorrow.
Don't fight for your country, if your country does not fight for you.
--They could have raised it from $99 to $105 and made MILLIONS. $120 feels like extortion, and should be pushed back against. How do we get the massive public outcry started?
.
== WolfriderV6 == I'm willing to admit that *I just might* be wrong... Are you??
What does PSA in the headline mean?
I use to wait til I had the 50-60 minimum to qualify for free shipping. They would sit on it almost two weeks and then ship it in 2 days anyway. Overall the prices are good on amazon. I tried it during the an xmas season one year and did the same the next and I was hooked. I had a bunch of bigger items I wanted to buy and it really was cheaper so I just let it continue. It is really convenient to not have to think about shipping costs. I buy more online because of it. I don't have to do shopping lists, buy multiple items or shop around and with prime it's there in a few days. The "2 day shipping" use to be true; but it's more like 4 days now.
Now I do have wish lists on amazon, but they are more for things I don't necessarily need. When I need something I buy it and then throw in a couple items from my wish lists.
$120 is totally worth it.
Amazon employees are currently forced to pee into bottles due to the lack of toilet breaks. Or maybe they should use some of Bezos hundreds of billions to fund it.
There are two things in TFS. One is that a company is raising the price on a service. Another is that one individual person doesn't consider the increased price worth it. In what way is this significant?
"When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
Drive my car with the CVT transmission to the bank, where I get money from the ATM machine after entering my PIN number.
They would need to raise it to $500 or so /yr before it doesn't make sense for me to pay for it. I order a metric $#%^ ton of stuff from Amazon. No, really, more then 2250lb's/year. I get no less then 1 package/day on average.
They have way too much market share and are acting just like cable monopolies by bundling services and increasing prices. Considering how many billions they brought in last year this is pigging out at the expense of the consumer.
If you wanna get rich, you know that payback is a bitch
Maybe, but I also bought a made-in-the-USA shovel on Amazon, with prime two-day shipping. It was a specialty kind of shovel (wanted a trenching shovel with a long handle) and I couldn't find it in any local big-box stores (they only had short-handle variants). I never thought I'd buy a shovel online.
"I have never let my schooling interfere with my education." - Mark Twain
Let's not forget that Amazon is soon to roll out their own delivery service that competes directly with FedEx and UPS, delivering not only their own products, but those of the same shippers currently using FedEx and UPS. The cost of using their own delivery service has to be funded with the funds redirected from the existing delivery services - ie. FedEx and UPS. Their "free delivery" with Amazon Prime is funded with Prime dollars, regardless of who the actual shipper is. By increasing the Prime member fees, they will be "over-funding" their own delivery service, effectively "subsidizing" the delivery service and giving them an unfair competitive cost edge over both FedEx and UPS. It's how you take over a(nother) market. By their own admission, they have over 100,000,000 Prime subscribers. At $119 each that is almost $12B dollars a year subsidy. To put that in some perspective, FedEx's gross annual income in 2017 was $13.77B.
I remember is was $79
Still is here in Canada. In $CDN too.
I'm almost expecting an increase here too, I find that so cheap for the use I get out of it.
AOL got greedy too. Thought it's services were irreplaceable.
$20 more per YEAR is too much? That's less than $2/mo. Buy a smaller drink at Starbucks every now and then!
>EzInKy writes:
>Effective on May 11, Jeff Bezos says the price of Prime membership will increase to $119 from $99. Now, as
>much as I have enjoyed the free shipping over these many years, I just don't believe that benefit outweighs the
>increased cost of membership.
Who the fuck is "EzInKy" and why would anyone else care whether they use Prime or not? The benefit outweighs the cost if the cost is less than you'd spend, or you can afford it, or prefer the convenience. There's no right or wrong answer.
Well, you're saving 20% after taking into the fact that 50% of what you get from Aliexpress are actually counterfeits.
No, I don't mean complain to Amazon about the price increase. I mean just go ahead and 1) Subscribe to Prime. Then, 2) Whenever a package is late or the contents are damaged, call in and complain. The email route will sometimes work too; but you'll have better results calling in and talking to a human. A few words to the rep, especially about how "this has become a pattern lately" or in November and December "this is very troubling during holiday shopping time", will net you a free month of Prime, and sometimes even a $5 or $10 credit to your account.
About three years ago, the reliability of Prime shipping dropped dramatically. I don't know exactly what happened. My guess would be that they're saving money by routing more shipping away from FedEx and UPS towards OnTrac and USPS. But I've had more late packages in the last three years than I think I had in the previous ten. So, taking my free months and account credits for late or damaged packaged into account; I think I've been paying more like $30-$40 per year for Prime. And even with the issues it's suffered as late; it's totally worth it at this price.
Imagine all the people...
Depends on what is being bought. A lot of people go shopping every day but don't actually buy very much.
I went to the shops today just to buy a kitchen roll. That will come up as a statistic that I went shopping today (I typically go every day since it's on the way from work). I know people who go shopping once a week who buy a shitload more than I do.
Amazon prime is significantly more expensive than the advertised price of $99/$119. It can easily run into the thousands. Its amazing when you you can order anything, even trivial things you'd normally go to the store for, and KNOW you'll have it delivered in a couple days. So i let it lapse and now i just have a cart with a grand of worth of stuff just sitting there waiting for me to decide i want it in 2 weeks (because free shipping is the lowest of the low priority for them now it takes 2 weeks to get anything that's not prime).
Scott
considering most of what you find on Amazon is Aliexpress goods resold then that would means Amazon has the same problem.
That problem exists regardless of which platform you buy on, Aliexpress, Amazon or Ebayso you may as well pay the cheaper price. Most of the vendors are sourcing the goods from the same place, Amazon isn't some special snowflake where all the vendors are well behaved, in fact many buy from Aliexpress to resell and markup on Amazon.
For a brief moment I wondered if this move was intended to restore primality, for 99 surely isn't prime. But 119 = 7*17, so nope.
Escher was the first MC and Giger invented the HR department.
I'll renew before the price goes up, so I'll get this next year for $99. And then next year about this same time I'll pay the increased price. I've been a Prime member since the beginning of Prime, and always felt it was a good value.
Amazon has been more than worth it for me. I have averaged 10 orders per month for the past several years. I check prices locally and online. Sometimes I'm willing to pay a little bit more at Amazon simply to keep from driving to the store. Other times Amazon has the best price even though the item is a Prime item. I recently bought 8 cans of sliced black olives cheaper than Dollar General had them. I've found that on a ton of items I'd usually buy from Lowe's or Home Depot that Amazon's price works out to be the same or only off by a dollar or two.
I do wish they'd just drop USPS delivery or at least give Prime members a choice of shippers. Around here UPS is the most reliable. I'd be willing to wait another day to get UPS all the time. My regular UPS guy knows me, knows my boss, knows where I used to live, etc.. He's always here about the same time every day, so I know when to expect deliveries.
We watch quite a bit of Prime Video. I don't care about the other Prime benefits much at all. They could drop everything except delivery and streaming, and lower the price a bit and I'd be a happy camper.
Toothpaste. Your teeth collectively look like shit.
https://science.slashdot.org/story/18/04/26/1928232/jeff-bezos-says-he-liquidates-a-1-billion-of-amazon-stock-every-year-to-pay-for-his-rocket-company-blue-origin
The easiest way for him to continue to do this efficiently is to raise the price per share of his amazon stock. Raising the prices on the main subscription model of amazon outside of AWS is a great way to accomplish that goal. Im not saying any of this is good or bad, I just think the timing of the articles is coincidental.
If that rare "could only find it on amazon" once in a blue moon justifies amazon prime to you then that's great. For the rest of us we would rather buy direct and pay prices that even when we are paying shipping it is still 50%+ cheaper than amazon
What is beginning to irk me to no end with Amazon is how they're changing their delivery standards and being sneaky about it.
Numerous times this year alone, I've purchased an item showing 2 day delivery (and which day it falls on) on the purchase page, yet when I get the confirmation email and link, it shows a different date than the one promised. When the item arrives, there's no option to complain. All you get is a little checkbox asking whether you received the item by the (revised) date they promised. If you try to complain via the product review or seller review pages, Amazon will pull your comment because it doesn't meet their standards of what's permissible as acceptable content.
Also, when reordering, I've noticed price increases on some items, but when my girlfriend signs in on her account she gets a lower price from the same seller.
Throw in the issues with USPS falsely claiming on time delivery numerous times and my privacy concerns with the crazy weirdness of Alexa and Dot (laughing at me, coming on with no "Alexa" triggers), and I don't get a warm fuzzy about pissing another $20 in the wind for a service that is obviously going backwards in customer support.
When I absolutely NEED Amazon Prime, I just create a new account, sign up for a free month-long trial, and then cancel it before it bills. I don't do this constantly, though, because I rarely -- if ever -- need Prime shipping.
Besides: eventually, enough time passes that I don't even have to create a new account: they just offer me the free trial again.
I estimate that it takes probably two years since the last time you signed up for the free trial for Amazon to offer it to you again, but I'd have to calculate it with my previous purchases to be sure.
Posting as Anonymous Coward for obvious reasons; also, yes, I am well aware that to do this constantly -- signing up for a new account every month just to have Amazon Prime for free all the time -- would be a massive scam, hence why I don't do it constantly. As I said, I do it only when I need it, which is very rarely, if ever. (Less than once a year.)
I just don't use Prime often enough to make it worth spending $120 a year or even $100 a year for it. Were it possible, though, I'd pay between $25 and $50 a year for it. It's definitely worth that much.