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
What has changed?
1/31/2014 10:40:26 AM
I think it is telling that the price has stayed the same for so long. For the price to remain that means either costs have gone up, or new customers growth has allowed better scaling of the service to keep operating costs flat.
So if they raise the cost will prime users be gaining something, i.e. the value of the program will increase with the cost? Or is the cost increase simply to protect current margins?
"If you look at the last five years, if you look at what major innovations have occurred in computing technology, every single one of them came from AMD. Not a single innovation came from Intel." -- AMD CEO Hector Ruiz in 2007
North Carolina to Pay Amazon Sales Tax Starting Feb. 1
January 20, 2014, 7:26 PM
Amazon Sales Tax Reaches Indiana, Nevada, Tennessee for New Year
January 2, 2014, 11:21 AM
Amazon Gives $20 Gift Cards for Post-Christmas Deliveries, Limits Prime Memberships
December 27, 2013, 10:12 AM
Quick Note: Amazon Free Shipping Threshold Now $35
October 23, 2013, 11:33 AM
Quick Note: Amazon Offers New Prime Subscriptions at $7.99 per Month
November 6, 2012, 10:07 AM
Twitter Senior VP: "Diversity is Important, But We Can’t Lower the Bar"
November 9, 2015, 9:59 AM
CNN Resorts to Internet Censorship to Promote Clinton Over Senator Sanders
October 15, 2015, 2:47 PM
Breaking Bad: How to Crash Google's Chrome Browser With Just 8 Characters
September 23, 2015, 11:08 AM
Quick Note: Amazon UK Offers £10 Back on Any Order £50 or Over
August 3, 2015, 12:05 PM
Editorial: Reddit Allows Itself to be Hijacked as a Hate Platform For Racist Bigots
July 21, 2015, 6:32 PM
Mozilla and Facebook to Adobe: It's Time to Kill Flash
July 20, 2015, 6:30 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information