Amazon increases the price of Prime nearly 17% to $139 per year
Source: CNBC
Amazon is raising the price of its annual Prime membership to $139 from $119, the company announced on Thursday as part of its fourth-quarter earnings results.
Amazon last hiked the price of Prime in 2018, when it increased to $119 from $99. Four years before that, it raised the subscription fee to $99 from $79.
Amazons annual increase amounts to about a 17% rise in price. Amazon also raised the monthly price of a Prime membership from $12.99 to $14.99, the company said. New members will see the increased prices on Feb. 18, and current members will be billed at the higher rate after March 25.
Read more: https://www.cnbc.com/2022/02/03/amazon-increases-the-price-of-prime-nearly-17percent-to-139-per-year.html
Launched in 2005, Amazon Prime gives members access to free two-day shipping, as well as access to exclusive movies and TV shows, among other perks. As of last April, the service had more than 200 million subscribers worldwide.
The membership program remains one of the biggest growth levers for Amazons core retail business. Prime members spend considerably more on Amazon than non-Prime customers, and they also shop more often.
ColinC
(8,294 posts)Traildogbob
(8,739 posts)Gotta pay for the yachts.
nattyice
(331 posts)Traildogbob
(8,739 posts)Hortensis
(58,785 posts)Delivery isn't really free, especially in a time of pandemic inflation. But, boy, does it save us big time on money, gas, exposure to disease carriers, even though we do pay for it.
There's such a thing as balance. No, we certainly don't need the Bezoses -- something to remember every election: vote to get rid of them, and see Nancy BELOW for that.
However, we do need all that goes into delivery, and delivery costs are rising.
Meadowoak
(5,546 posts)At half price. I currently pay $6.41 mo. For Prime.
left-of-center2012
(34,195 posts)And it's more than paid for with free shipping.
Miguelito Loveless
(4,465 posts)Meadowoak
(5,546 posts)Miguelito Loveless
(4,465 posts)Supplemental Nutrition! Didn't click for some reason.
peacebuzzard
(5,172 posts)I do everything for her with shopping and bills, this is great news.
I just recently cancelled my membership because I didnt use it often and most items were subpar, and I had to return a large percentage.
Cha
(297,230 posts)wondered if they were still doing that?
Meadowoak
(5,546 posts)Amazon prime membership.
roamer65
(36,745 posts)Martin68
(22,801 posts)The best return policy in the business, great discounts, and an excellent review system. I often use their reviews to make decision on which product to but and buy it elsewhere if I can find it cheaper.
NurseJackie
(42,862 posts)BaronChocula
(1,556 posts)a Dutch bridge gets torn down.
Response to BaronChocula (Reply #6)
MrsCoffee This message was self-deleted by its author.
brooklynite
(94,571 posts)Why people think this is a big story is beyond me.
EX500rider
(10,848 posts)Demsrule86
(68,576 posts)Hoyt
(54,770 posts)Plus, MacKenzie Scott is putting a lot of the profits to good use.
yaesu
(8,020 posts)Hoyt
(54,770 posts)it off. While spending at lot of time on my grandparents small farm in 50s and working in mom&pop grocery stores and businesses was enjoyable, glad we didnt have to depend on them nowadays. Not my preference, but just a fact.
yaesu
(8,020 posts)tenderfoot
(8,433 posts)eom
left-of-center2012
(34,195 posts)"If you happen to have a SNAP card,
you get it at half price
"
left-of-center2012
(34,195 posts)will be the ones who criticize it.
Skittles
(153,160 posts)people who use it but cannot afford the rate hike on everything - not everyone gets it at half price
left-of-center2012
(34,195 posts)It's going up $2 a month on the monthly rate
and you get free shipping on every order which averages $9 every time.
So some may quit Prime to save $2 and then they'll pay $9 shipping on every order.
Skittles
(153,160 posts)Last edited Fri Feb 4, 2022, 12:40 AM - Edit history (1)
it all adds up and much of it is sickening corporate greed.
how many people do you know who get 17% raises, for example? And this company has OBSCENE profits already
LisaL
(44,973 posts)Last edited Fri Feb 4, 2022, 04:27 AM - Edit history (1)
It used to be free until recently.
Response to LisaL (Reply #18)
left-of-center2012 This message was self-deleted by its author.
LisaL
(44,973 posts)"Whole Foods shoppers may have received a shock this week if they noticed a new $9.95 delivery fee on orders placed through Amazon Prime."
https://www.cnn.com/2021/10/28/business/walmart-amazon-prime-fee/index.html
left-of-center2012
(34,195 posts)That would be why I paid a delivery fee.
Now everybody pays ?
LisaL
(44,973 posts)NT
Demsrule86
(68,576 posts)LiberalFighter
(50,928 posts)I don't buy anywhere near 16 times a year. Maybe once or twice. And have no need for the other so called benefits.
forgotmylogin
(7,528 posts)It's really good for things you would need to go out of your way for, like when cat chewed through a phone charger cord, I can just shop and compare many more than I'd see in store and buy that without accumulating $50 worth of other stuff for free shipping before hitting the purchase button.
Also very useful for items that are hard to find in a store or bulk amounts you can't normally get. I probably covered my subscription fee once just by purchasing a large bottle of generic liquid sucralose sweetener for $20 that has lasted over a year instead of getting tiny 1oz bottles of liquid Splenda every month which cost $4.99 each in the grocery store.
It's also really helpful when my elderly father who lives in another state needs something - I can just buy and ship it directly to him instead of finding it in a store somewhere and driving an hour each way to deliver it. Also shipping Christmas gifts - Prime applies for your account no matter where you ship.
You can also get a small discount for subscribing to certain items on a schedule, or choosing to group multiple purchases so they're delivered one day a week at once instead of separate shipments.
littlemissmartypants
(22,656 posts)Out on the road to the property was destroyed three times by reckless and impaired drivers. I got tired of putting up new mailboxes so I got a P.O. box. I had also grown tired of cardboard delivery boxes. Since I got the post office box, they won't deliver to my rural route address and many times my attempts to order resulted in being undeliverable even to my post office box. Long story short, I gave up because they have made it too difficult for me to get a delivery. So it matters not if the shipping is free or the price of a ticket on the penis spacecraft. I may browse, but I never buy. Amazon has done nothing but create obstacles to my engagement. Their loss, my savings account's gain. Case closed.
wishstar
(5,269 posts)I didn't want a trial but the item we wanted was only available through Prime and no where else online and was a great bargain compared to store prices. But then as it turned out we had to make several other important purchases and it came in very quick and convenient and of course cheaper than elsewhere. They also came up our long driveway to leave the packages at the door rather than down below at the road at the mailbox whereas UPS has crammed things into the box or just tossed packages on the ground beside the mailbox at times.
Wouldn't mind another free 30-day trial next holiday season!
Jim_S
(59 posts)This company should be broken up. AWS (Amazon Web Service) should be separate from their online retail store. If you want to sell anything online with Amazon you have to agree to not sell it cheaper on your own website or they will boot you off their platform. Amazon has stolen good product ideas from vendors and had them copied and made in China to sell on their site. And as far as Amazon Prime Videos, that come free (or used to) with your prime membership, for some of them, you now have to pay @$2 or more, and many now have commercials. This company needs to be broken upyesterday. It is not healthy for our economy. And dont even get me started about how they were underhanded in their dealings with a union vote. I say all this while my daughter-in-law works for Mr. Evil. Break-em-up!
EX500rider
(10,848 posts)I have heard of this place called www.walmart.com & www.ebay.com etc...
turbinetree
(24,701 posts)so that it can set sail to be registered in the Bahamas or some other place....tax free....so that he can live in retirement...and then everyone can yell about inflation...which is being caused by Prime so they can blame Biden....
TreasonousBastard
(43,049 posts)bought anythimg except a few things unavailable anywhere else.
I wonder how mant prime members are Walmarr haters?
PatrickforB
(14,574 posts)$207 billion clear down to $177.1 billion!
The poor little fellow just HAS to raise the price of the membership because, hey, he needs higher profits!
moondust
(19,981 posts)Wayyyyyy too much will never be nearly enough.
NurseJackie
(42,862 posts)rpannier
(24,329 posts)so his super yacht could get out to sea
left-of-center2012
(34,195 posts)sl8
(13,769 posts)The current current rate for Prime Video (not the "full" Prime), is $8.99/mo. I don't see any mention of a price change for that service.
Amazon Prime Price Change
On February 3, 2022, we announced price increases for our Prime membership plans. The updated pricing will apply to Prime sign-ups beginning on February 18, 2022. For current Prime members, the new prices will apply after March 25, 2022, on the date of their next renewal.
Upcoming changes:
The price of the monthly Prime membership will increase to $14.99/month, and the price of the annual Prime membership will increase to $139/year.
For Prime Student members, the price of the monthly membership will increase to $7.49/month, and the price of the annual membership will increase to $69/year.
For qualifying EBT and government assistance recipients, the price of membership will increase to $6.99/month.
Your Prime Membership may be subject to sales tax in some states.
For more details about, or to make changes to your membership go to Manage Amazon Prime Membership.
twodogsbarking
(9,749 posts)Asking for a friend.
left-of-center2012
(34,195 posts)"Prime" is something people purchase.
twodogsbarking
(9,749 posts)left-of-center2012
(34,195 posts)twodogsbarking
(9,749 posts)Happy Hoosier
(7,308 posts)MineralMan
(146,308 posts)Due to the COVID-19 pandemic, we are buying more from Amazon than previously. Plus, we stream some stuff and read Kindle books a lot. I've noticed Amazon delivery vehicles in our small townhome development several times each day, too.
Did they raise the Prime membership price? Let me do the math...shrug.
NurseJackie
(42,862 posts)In some ways, all the Amazon-hate and Bezos-hate is amusing to watch. Now I'm not saying that they're perfect, but the level of angst is just ramped-up to levels that are out of proportion to reality.
PRO TIP: If you live near an Amazon Distribution Center there's really no need to pay extra for faster shipping. Unless there's something that we ABSOLUTELY NEED GUARANTEED for "next day" delivery... we just use the standard delivery options and 90% of the time, it arrives as quickly as if we had paid-extra.
Same thing holds true for the "No Rush" delivery option. We'll often choose that and earn a dollar or two with of digital credits for Amazon Prime Streaming. It doesn't take long to earn enough bonuses to rent/stream a movie for free... or to even buy a movie outright with no time-limits.
MineralMan
(146,308 posts)in Maple Grove. We never pay for faster shipping. It's amazing, really, I think.
I'm not on our Prime account, so I just email a link to my wife if I want to order something, and she orders it. However, I don't order that much stuff anyhow. If someone gives me an Amazon card, I just add it to her gift card account.
ruet
(10,039 posts)The company raised wages and offered generous signing bonuses to attract workers in a tight labor market. To avoid delivery disruptions, it rerouted packages over longer and costlier distances to get them to facilities with enough staff to handle them.
I ask, yet again, who do we get to pass our cost on to?
Swede
(33,244 posts)left-of-center2012
(34,195 posts)For shipping, music, movies, Kindle, etc
NurseJackie
(42,862 posts)But in our case, we earn-back the membership fee AND MORE in overall savings and extra benefits.
Last few Christmases, for every gift that I would have needed to ship to others... I let Amazon do it for me. Even with the added cost of their gift bags, it saves me TIME and it saves me MONEY. I would have spent double the amount trying to wrap-box-and-ship everything myself.
Since Covid, we're leading almost-a-shut-in lifestyle... and it's truly been a blessing for us.
left-of-center2012
(34,195 posts)It's $9.99 a month but they take $5 off two orders each month for a total of $10 off each month so it turns out to be free.
Being a shut-in, elderly and disabled 75 year-old I treat myself to two DoorDash orders each month.
I think I'll get a 'Denver omelet' from Denny's soon.
NurseJackie
(42,862 posts)... instead, I have the "Capitol-One" app added to my web browser. Just like the commercials say, most times, whenever it detects that you're on a check-out page, the app will present you with coupon codes for you to try. Or... it will also AUTOMATICALLY apply coupon codes.
Even if there's no coupon-code available, most of the time, there's a "rebate" of 1-2% that the Capital One app keeps track of. Whenever you get $5 or $10 in rebates, you can spend it on a gift card.
Right now I have almost $20 in rebates that I've accumulated over the past 6 months. I'll get a Lowe's gift card with it.
Akoto
(4,266 posts)I'm physically disabled and can't drive. Amazon gets a lot of stuff to me which I otherwise could not easily get, and the shipping savings alone from my Prime membership pay for the fee many times over. The other things provided by Prime are also cool!
left-of-center2012
(34,195 posts)cadoman
(792 posts)Thankfully had this dandy little service ready to spin up some Neil Young!
mahatmakanejeeves
(57,446 posts)Link to tweet
The e-commerce giant managed to control labor and supply costs better than expected and saw gains in its cloud-computing and advertising businesses.
Emile
(22,741 posts)left-of-center2012
(34,195 posts)You can pay the $9.99 per package shipping fee.
Or you can shop somewhere else and pay their shipping fee.
Emile
(22,741 posts)I have ordered things from Amazon with free shipping too and not spend a dime for Prime.
left-of-center2012
(34,195 posts)The only way I get 'free shipping' is by paying for Walmart Plus membership.
It's similar to amazon, doordash, etc where,
if you buy a membership, shipping or delivery is free.
Just like that old saying "you can pay me now or you can pay me later"
Emile
(22,741 posts)Response to Emile (Reply #73)
left-of-center2012 This message was self-deleted by its author.