Amazon Prime raising annual subscription to $139
The cost of an annual Amazon Prime subscription is to rise $20, to $139, while the monthly fee rises $2 to $14.99.
Following Netflix's price rise in January 2022, Amazon Prime is to roll out the new charge from February 18, 2022. It's the first time Amazon has raised the price of Prime since 2018.
The news came in the documentation supporting Amazon Prime's latest financial earnings report.
"With the continued expansion of Prime member benefits as well as the rise in wages and transportation costs," it said, "Amazon will increase the price of a Prime membership in the U.S., with the monthly fee going from $12.99 to $14.99, and the annual membership from $119 to $139."
Where Netflix is a streaming service - with a small gaming side - Amazon Prime offers members a wide range of benefits, as the company emphasized.
"In the last few years, Amazon has added more product selection available with fast, free, unlimited Prime shipping; more exclusive deals and discounts;" it says, "and more high-quality digital entertainment, including TV, movies, music, and books."
Amazon says that since 2018, it has "tripled the number of Amazon Originals," or new shows and films on Amazon Prime Video.
"Since 2018 in the US, availability of Free Same-Day Delivery has expanded from 48 metropolitan areas to more than 90, items available for Prime free shipping have increased over 50%," it continues," and members have saved billions of dollars shopping Prime Day."
The raised rate will apply to all new Amazon Prime customers from February 18, 2022. For existing subscribers, there is no change until March 25, 2022, and from then their subscription will rise following their next renewal date.
Read on AppleInsider
Following Netflix's price rise in January 2022, Amazon Prime is to roll out the new charge from February 18, 2022. It's the first time Amazon has raised the price of Prime since 2018.
The news came in the documentation supporting Amazon Prime's latest financial earnings report.
"With the continued expansion of Prime member benefits as well as the rise in wages and transportation costs," it said, "Amazon will increase the price of a Prime membership in the U.S., with the monthly fee going from $12.99 to $14.99, and the annual membership from $119 to $139."
Where Netflix is a streaming service - with a small gaming side - Amazon Prime offers members a wide range of benefits, as the company emphasized.
"In the last few years, Amazon has added more product selection available with fast, free, unlimited Prime shipping; more exclusive deals and discounts;" it says, "and more high-quality digital entertainment, including TV, movies, music, and books."
Amazon says that since 2018, it has "tripled the number of Amazon Originals," or new shows and films on Amazon Prime Video.
"Since 2018 in the US, availability of Free Same-Day Delivery has expanded from 48 metropolitan areas to more than 90, items available for Prime free shipping have increased over 50%," it continues," and members have saved billions of dollars shopping Prime Day."
The raised rate will apply to all new Amazon Prime customers from February 18, 2022. For existing subscribers, there is no change until March 25, 2022, and from then their subscription will rise following their next renewal date.
Read on AppleInsider
Comments
I recognize this is a narrowly focused perspective based on personal economics alone. Like any system there are a number of macro level implications and second order effects to a service like this that makes it so incredibly easy have hard goods ordered on a whim delivered extremely quickly to your door with little to no regard to the true cost of the delivery service.
A quick survey of the number of Amazon vehicles on the road and coursing through neighborhoods nearly all of the time, not to mention the vast tracts of land devoted to fulfillment centers and warehouses, some of which are built on the graves of dead malls and retail stores driven out of business because they could not compete against online retail, and the mountains of cardboard waste (hopefully everyone recycles?) paints a truer cost picture that’s a little harder to do the math on.
The “eye” is back … staring straight at me. Ugh.
We’re getting to a point (at least in my town) where social interaction is “awkward”.
Items get ship when they want, arrive when they want, i’ve had prime shipping come 5 days later. I don’t use Prime Video, I have never found anything I cared to watch on it. Amazon music is subpar, compared to Apple Music and Spotify. Hell I don’t even have 1 Fire or Alexa device in my house.
Amazon Prime is worth it to me simply for the convenience and access to products not available locally.
As for social interaction being awkward read Issac Asimov’s novel The Naked Sun which is basically a murder mystery but takes place on a planet where there is no social interaction at all by law except for procreation. Even back in the 1940’s the SciFi writers could see this coming, a society where robots carry out the daily chores of life and people communicate only by technology, think Zoom, FaceTime, Skype, etc.
Did I mention the money I'm saving in time and gasoline? Over the course of a year I easily save $140 in gasoline buying on Amazon.
We have FreshDirect food delivery, which is about the same annual cost as Prime, for truly unlimited food deliveries. I order fresh food from there twice a week.
I had become a Prime member a few times since the service began, due to free trial membership offers. Every time I did the numbers on shipping costs and, surprise, found that $0 for shipping is less than any dollars for shipping. There is no need for me to pay for Prime just to have the broad selection and convenience of Amazon.
As much as I dislike Amazon and Bezos's practices and treatment of others there is no other viable option for many things without a huge cost or hindrance to my life so I''ll pay the difference for Prime.