Amazon Prime plays A Big Role In increasing Sales
Amazon prime Services
Well, we all know that Amazon has started its Prime services. In Prime services, they offer the customer to get 30 days trials of hassle free delivery. That means order anything and pay only for the product for 30 days (Trial Period).
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Now, Members who subscribed Amazon Prime are spending a lot of money in buying products from Amazon than those who didn’t yet subscribed.
Amazon Revenue profit
Ask those who have subscribed Amazon Prime and they might able to tell you that they are eventually buying more products than ever they bought online. From the Analysis of Amazon’s shopping patterns for 1st quarter 2017 shows that Prime members have spent an average of $1,300 per year for shopping on Amazon. While Non –prime members spent only at an average of $700.
The exploration from Consumer Intelligence Research Partners, released on Tuesday, it also indicates that 80 million people in the US have a Prime membership, up from 58 million a year ago. The company said in a statement that there is a 38 percent increase in Prime members within one year.
Josh Lowitz “Consumer Intelligence Research Partners Cofounder, “told in a statement.
“While slower growth is expected as it reaches natural limits, Amazon had a surprisingly strong quarter.”
60% of US customers of Amazon are Prime members. This was estimated by the “Consumer Intelligence Research Partners”
From the last 2 years, Amazon Prime membership have been doubled in the US. This was a huge success for Amazon.
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Those who have subscribed prime services, they are getting many services. Some of the below are
Amazon prime most famous feature are:
- Providing free two-day shipping. This service applicable on more than 50 million eligible items.
- Prime membership offers unlimited streaming from Amazon’s Prime Video and Music
- Members also get unlimited access to the Prime Reading library which contains more than 1,000 books and magazines, also free unlimited photo storage via Prime Photos.