A prime parade of deals!
What
is Amazon Prime Day?
Amazon Prime Day is basically the “Black Friday”
for Amazon Prime customers where they get many discounts for various items.
On this day Amazon provides members-only access to special deals for Amazon
Prime customers. Amazon Prime Day usually takes place each summer in July. In
other words, it is a mega-sale which is going to be an early Christmas
for Amazon Prime Members where they will be offered a ton of products at a
discount and even flash deals!
The coolest thing to note is that Amazon Prime Day marks the company’s biggest day of the year in terms of revenue, surpassing the sales on Black Friday and Cyber Monday.
For the fifth year, Amazon Prime Day is going to take off with a bang!
What you need to know
This year, in 2019, Amazon Prime Day will
take place on the 15th of July (Monday) from 12am through Tuesday,
16th of July. Initially lasted for 24 hours, Amazon Prime Day has
now been extended for two days which makes it even better.
To enjoy the various benefits granted by Amazon Prime Day, you have to enrol
for the Amazon Prime membership which costs £79 per year. However, even if you
are not a member, you can sign up for a 30-day free trial. There is an
additional bonus of access to Prime Video once you become an Amazon Prime
member.
It’s period of prime opportunities!
What can you expect this time?
You can expect a wide range of deals continuously while it lasts. You will come across a plethora of deals and offers for various items such as electronic gadgets, home goods, entertainment products and many more!
Let it be a gift you want to buy or even tabletop
décor – look no further, Amazon Prime Day is the ideal place to satisfy your
needs.
Amazon promised a much bigger event this time around, compared to last year.
You will see over 100 new product launches, amazing deals for various products
and also, Lightening Deals applicable for a limited stock of products on
discounts.
Amazon promised ‘never before offers’ on selected smartphones along with
discounts and bundled offers on various mobile accessories and smartphones.
It is important to note that the best products to get your hands on during
Amazon’s Prime Day 2019 sale would be the Amazon’s own products.
What happened at Amazon Prime Day 2018?
According to Amazon it was their biggest shopping event ever.
Customers purchased more than 100 million products, and according to reports, there were more sign-ups for Prime on July 16 than any previous day in the company’s history which was a historical moment.
In 2017, sales on the Amazon Prime Day grew by 60 percent from 2016 – which was a record on its own and exceeded the sales of Amazon’s Black Friday and Cyber Monday sales combined. How about that!
Amazon Prime Day in 2018 paid off really well for the investors.
As reported by Amazon, about 70% of US households possess Amazon Prime Membership and the biggest victory for them was none other than the increase in the number of Amazon Prime Members.
Going by the ticker NASDAQ: AMZN, currently the price of an Amazon share is $1937 and it is drastically going up.
According to the consensus given by Wall Street analysts, for the next 12 months, Amazon shares will jump 18% and the average price target would be $2,249. As an ecommerce giant, Amazon’s stock soared 29% this year so far!
According to the 12-month forecast, the
analysts say that it is better to go long (buy) with Amazon shares.
(Reference: goodhousekeeping.com, gadgets.ndtv.com, U.S.News, CNBC, indez.com,
nasdaq.com, investing.com, Yahoo Finance)