econintersect .com

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 30 October 2017

Amazon Nearly Doubles U.S. Prime Members In Two Years


-- this post authored by Felix Richter

When Amazon introduced the Prime membership program in the United States in 2005, it gave members free two-day shipping as well as discounted one-day shipping rates for an annual fee of $79.

Please share this article - Go to very top of page, right hand side, for social media buttons.

A lot has changed since then. Amazon raised the membership fee to $99 in 2014 and added a ton of new perks for Prime members over the years. Those added benefits include free same-day delivery, unlimited video streaming, free access to a large music library, photo storage and, for the third time this year, an exclusive shopping event called "Prime Day" with tons of deals for members around the world.

Amazon’s ongoing effort to make Prime membership more attractive to customers appears to be paying off. According to estimates published by Consumer Intelligence Research Partners [PDF], the number of Prime members in the U.S. continues to grow. According to CIRP’s findings, Amazon Prime had 90 million members in the United States at the end of September 2017, up from 65 million a year earlier and around 47 million in September 2015. More importantly though, the Prime program looks to be very effective at achieving its main goal: creating loyal customers and getting them to spend a lot of money.

CIRP estimates that Prime members spend $1,300 a year on Amazon, compared to $700 for non-members. Multiply that $600 spending difference by the number of Prime members and you know why Amazon keeps adding benefits to the membership.

Infographic: Amazon Nearly Doubles U.S. Prime Members in Two Years | Statista You will find more statistics at Statista.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Contributors

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved