PYMNTS-MonitorEdge-May-2024

Amazon Prime

Amazon Prime is a paid subscription service offered by Amazon that gives users access to services that would otherwise be unavailable, or cost extra, to the typical Amazon customer. This includes free two-day delivery, streaming music and video, and other benefits.

Source: amazon.com

Amazon Will Debut ‘Prime Big Deal Days’ Event in October
Amazon Will Debut ‘Prime Big Deal Days’ Event in October
August 08, 2023  |  Amazon

After a record-breaking Prime Day, Amazon is giving its sales event a sequel. The retail giant will offer Prime members an exclusive shopping event — dubbed “Prime Big...

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Amazon Revamps Grocery Business to Compete With Walmart and Kroger
Amazon Revamps Grocery Business to Compete With Walmart and Kroger
August 02, 2023  |  Retail

Amazon is reportedly overhauling its grocery operations to compete on that front with rival Walmart. Changes on tap include updated stores, a warehouse automation pilot and offering...

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Amazon Doubling Same-Day Delivery to Address Need for Speed
Amazon Doubling Same-Day Delivery to Address Need for Speed
July 31, 2023  |  eCommerce

Amazon will double its same-day delivery centers to hold onto its eCommerce dominance. That expansion will happen “in the coming years,” Doug Herrington, CEO of Worldwide Amazon...

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Small Businesses Drive Amazon’s Prime Day New Record 
Small Businesses Drive Amazon’s Prime Day New Record 
July 13, 2023  |  Retail

Small businesses made this year’s Prime Day event the largest ever, contributing to more than 375 million items sold, even outpacing Amazon’s own retail business....

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Amazon Uses Priceline Partnership to Grab Travel Spend on Prime Day
Amazon Uses Priceline Partnership to Grab Travel Spend on Prime Day
July 11, 2023  |  Retail

Amazon Prime Day is now underway, and the eCommerce giant is determined to engage Prime members and stimulate spending. With lofty aspirations, Amazon aims to...

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Amazon Says Prime Day 2023 Will Highlight Small Business 
Amazon Says Prime Day 2023 Will Highlight Small Business 
July 10, 2023  |  Amazon

Amazon has cemented the loyalty of consumers with a vast marketplace and an extensive range of products and services provided by many individual sellers. The...

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FTC Amazon Prime Suit Points to Larger Issues on Subscription Cancellations
FTC Amazon Prime Suit Points to Larger Issues on Subscription Cancellations
June 21, 2023  |  Subscriptions

Whatever the outcome of the Federal Trade Commission’s suit against Amazon, the action is sure to raise larger debate over, and perhaps a retooling of,...

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Telecoms and Amazon Dismiss Notion of Joint Wireless Effort
Telecoms and Amazon Dismiss Notion of Joint Wireless Effort
June 04, 2023  |  Amazon

America’s telecom giants say they have no plans to work with Amazon to offer low-cost wireless to Prime members. A report Friday (June 2) by Bloomberg...

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Gen Z Leads Decline in Subscription Renewals
Gen Z Leads Decline in Subscription Renewals
May 26, 2023  |  Retail

Value may outweigh convenience when it comes to recurring subscriptions, as consumers seek any and all avenues to cut costs. Consumers are digging deep to...

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