Amazon Considering Raising Yearly “Prime” Membership by up to $40
January 30, 2014 5:37 PM
comment(s) - last by
Amazon CEO Jeff Bezos
More price hikes likely in store for Amazon customers
For those that frequently shop on Amazon.com year round (or even
just during the holiday shopping season
is like a gift from the gods. The service allows customers to get packages delivered to their home with two business days (sometimes even faster if you’re close to an Amazon distribution center), gives users access to a growing digital video library (movies, TV shows, original programming) and special Kindle “lending” perks.
However, it appears that the $79/year Prime membership may be getting a lot more expensive. Citing increased shipping costs; Amazon CFO Tom Szkutak made it clear that the online retail giant is “considering” a price hike for Prime membership.
According to Szkutak, that price increase could be anywhere from $20 to $40, which would put an Amazon Prime membership at $119/year if the bean counters get everything they want.
The writing has been on the wall as Prime has been around at the same $79/year price for nine years, and Amazon
recently bumped the free shipping threshold for non-Prime members to $35
(from $25) on orders.
Amazon has also
come further under assault from tax collectors
in various states, with
North Carolina residents
becoming the latest to “face the music” when it comes to paying taxes on Amazon purchases.
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RE: I'd pay it. I can't go back now.
1/31/2014 8:10:43 AM
I'm kind of on board with you. The prices aren't really any cheaper for the most part. And in another 2 years, we'll be paying sales tax on Amazon purchases as well here. So then there's really no value to it. Then we're just paying for convenience to not have to go to the store. And that's not THAT big of an inconvenience.
RE: I'd pay it. I can't go back now.
2/2/2014 7:26:42 AM
I disagree. With the added sales tax, Prime becomes even more attractive. Because the shipping savings absolutely wipes out the loss from paying sales tax on most items. You still come out ahead.
The last PC case I ordered was nearly 50 pounds. The shipping alone would have been over $25 without Prime. And no store in my area carried it, so it's not just about convenience.
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