Prepare for Amazon Prime Day: Is Membership Worth It?
The eagerly awaited Amazon sale, Prime Day, is just around the corner, taking place on October 8 and 9. To make the most of the offers available, becoming a Prime Member is essential.
Presently, millions of users subscribe to Amazon Prime, shelling out $14.99 monthly or $139 annually. For those who frequent Amazon, the membership can quickly pay for itself, mainly due to the shipping advantages it provides. However, for occasional buyers, this investment may not seem beneficial. If you’re contemplating whether to join or renew your Prime subscription, consider the following points to determine if the benefits justify the $139 price tag.
Advantages of Amazon Prime
Before diving into calculations, let’s explore the key benefits of Amazon Prime that attract a considerable number of subscribers.
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Complimentary Two-Day Shipping: This feature is among the primary attractions of Prime. Frequent Amazon shoppers can greatly benefit from rapid delivery completely free of charge. Additionally, in certain areas, members can enjoy same-day delivery on over three million items. For non-subscribers, the express shipping option, which is often described as ethically questionable, incurs a fee of $9.99 per order.
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Unlimited Access to Prime Video: Enjoy a wide range of movies, television series, and Amazon Originals with Prime Video. Although some might argue that its library isn’t as extensive as that of Netflix or Hulu, it still offers valuable content.
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Additional Prime Benefits: Membership includes Prime Music for streaming, Prime Reading for ebooks and magazines, gaming options, free photo storage, and various discounts.
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Amazon Prime Rewards Visa Card: Holders of this card earn 5% cash back on purchases made at Amazon and Whole Foods. Thus, those who are frequent Amazon shoppers can accumulate rewards that help mitigate the annual fee.
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Shared Membership: The Prime benefits can be extended to multiple members within a household, providing increased value for each individual.
Calculating the Costs
When evaluating the costs on a non-shared, non-Prime Amazon account, it’s observed that shipping fees typically hover around $6 per item. While shipping costs can fluctuate based on the product and delivery speed, we can benchmark the cost of single online orders against the allure of Prime’s two-day shipping service. With shipping fees averaging around six dollars per order, the free delivery that comes with a $139 annual fee makes sense—provided you place over two dozen orders annually.
A vital point to note is that non-Prime users can enjoy free shipping on qualifying purchases of $25 to $35 or more, though delivery may take five to eight days.
Final Thoughts
Amazon Prime generally presents a solid value proposition for users who shop on the platform frequently (more than 23 times each year) or actively utilize other Prime services like video streaming. Conversely, for individuals who seldom shop on Amazon or do not make use of the other benefits, the membership might not be worth it. It’s prudent to evaluate personal shopping habits and compare the $139 annual fee against the expected value from free shipping and additional Prime features.
As an option, subscribing now allows you to benefit from Prime Day deals, with the possibility to cancel afterward—though it’s not the simplest process. Stay informed about the latest deals and offers by following the comprehensive coverage on DailyHackly’s Amazon Prime Day page.