Higher Prime price gives Amazon war chest for fight over postage

[yortsed snacilbuper]

Amazon's 20 percent hike in the cost of Prime membership should deliver more than $1 billion in extra revenue this year and cover any "rational" hike in United States Postal Service delivery fees, Wall Street analysts said Friday.

President Donald Trump has been laying into the online retailer in recent weeks for what he says is a deal with publicly owned USPS that effectively lumps much of the cost of thousands of daily deliveries onto U.S. taxpayers.

Trump has said that if USPS raised parcel rates, Amazon would face $2.6 billion in extra cost, although equity analysts who follow billionaire Jeff Bezos' company estimate a much lower number and say the deal may actually be keeping USPS afloat.

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[The River]

1. Time

to cancel Prime.

[Blue_Adept]

3. I love it when people shoot themselves in the face

Prime is basically the same cost roughly as Netflix now. And as delivery costs have gone up in the last four years they've been consistently priced - all while expanding the offerings with Kindle Unlimited, Amazon Music, and Amazon Prime Video so that what you get out of it is even more.

There's a reason a lot of businesses don't succeed in this country - it's because the consumers want it for as close to free as possible and even then it may be too much.

[Nictuku]

2. Taxpayers do not fund the Post Office

The argument is moot. The post office is totally self-sustained.

Amazon pays the same 'bulk rate' that all individuals or companies that mail in bulk get.

If the Post Office raises the bulk rate, it effectively raises it for all of them, effectively hiking the rates for people who are tax payers.rep

The Post Office can not have a different rate for one company (equal protection act in the constitution)

This is a bunch of BS, and will never pass. I doubt it has anything to do with Amazon raising its prices.