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.
Uh-oh, Jeff's hobby hiking in price?
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
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.
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.
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.
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
Granted. It's still very useful for all those users who wouldn't notice the change when it appears once a year on their credit card statement.
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.
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.
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.
. . . 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.
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.
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.
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.
I wish I knew. Wiki gives a lot of unlikely options, but none seem to fit.
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.
Pretty Standard Article
Walmart.com has 2-day free shipping [f]or free without any membership dues. There is a $35/min order amount to qualify.
Well, Amazon has free shipping too if you meet the minimum order. No membership dues.
That's the whole point of Prime (the shipping portion, anyway), you get the free shipping without needing the minimum purchase.
What does PSA in the headline mean?
Public Service Announcement
public service announcement
(more typing to fill in the 'min chars quota')
--
"It is now safe to switch off your computer."
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
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 also had horrible customer service, and didn't really seem to care that they were way oversubscribed for the infrastructure they had. Basically, their user base was so annoyed with them that they jumped ship the second a better option was available.
Amazon doesn't seem to be making those mistakes.
The big difference is that Amazon's free shipping usually takes a week to deliver products. Walmart's "2 day" shipping usually sends to take 4 days, but it's still faster than FedEx Smartpost.
>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.
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
Well, Amazon has free shipping too if you meet the minimum order. No membership dues.
That's the whole point of Prime (the shipping portion, anyway), you get the free shipping without needing the minimum purchase.
The point is not free shipping in a vacuum. It's that Wal-Mart offers 2-DAY FREE SHIPPING. The same deal as Amazon except without prime membership requirement.
Amazon's idea of free shipping without prime means they'll sit on your order for a week before contemplating shipping it ground.
The minimum purchase threshold is not something I find valuable so I don't care and strongly disagree with assertion it's the whole point of prime. The whole point of prime in my view is 2-DAY FREE SHIPPING not circumvention of minimum order requirement. At least I've never heard anyone say they got prime because of minimum orders. They always talk about shipping speed. I'm sure for some this is a valuable consideration yet probably not for the majority of prime subs.
$50 for Walmart Canada. $5.97 shipping below that. Amazon Canada is still better. Plus, I always have problems loading Walmart sites due to script and ad blockers.
considering most of what you find on Amazon is Aliexpress goods resold then that would means Amazon has the same problem.
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.
Where do you live? America?
https://www.washingtonpost.com...
This i don't get. If you're the kind of person who buys a lot from amazon, you can easily make the minimum number on your purchases. And if you're not , then the prime price doesn't make sense.
I guess it's people buying one toothbrush every day...