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.
This article is over a month old, voting and posting comments is disabled
Before they do that.
1/31/2014 8:28:57 AM
They need to work on actually shipping things withing Prime timelines. Amazon has completely dropped the ball on my last 3 orders. There was a time when I would turn to amazon if I needed something quick. Not so anymore.
Overnight doesn't even show up on half my orders (even at 8 am in the morning). And when I do pick 2-day, it's more like 3-5 even with items being in stock.
Sorry Amazon, if you're gonna charge more for the same level of service, I'll be promptly cancelling. I might even cancel if this is the new level of service in general.
"We basically took a look at this situation and said, this is bullshit." -- Newegg Chief Legal Officer Lee Cheng's take on patent troll Soverain
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