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Amazon Prime raises annual subscription price by $ 20 and monthly subscription by $ 2

# Roommate, it seems like the slogan “Yesterday’s price is not today’s price” Amazon Prime The company keeps in mind as it follows in the footsteps of its rival Netflix and announces a whole new price increase. According to a new report, Amazon Prime members will increase significantly to use fast lighting and entertainment services after confirming an increase in annual and monthly subscriptions.

Now is the time to ask yourself how much you love Amazon Prime and how much you are willing to pay. Amazon reports that millions of customers will be priced to celebrate the New Year, @CNN reports. Go up… and much faster than you think. Amazon Prime annual subscription prices will rise from $ 119 to $ 139 annually in the United States, while monthly subscription prices will increase from $ 12.99 to $ 14.99.The price change will officially take effect on February 18th.th March 25th with new prime membersth All existing members.

If you’re curious about why Amazon decided to raise prices suddenly, according to company representatives, this is due to the upcoming “expansion of prime membership benefits.” These benefits include additional prime video content and increased same-day free shipping, but higher labor and shipping costs on the company’s distribution network are also reasons for the increase in membership.

Amazon Prime last raised its price in 2018, raising its annual membership fee from $ 99 to its current (not so long) price of $ 119. The latest price surge represents a 17% increase.

This decision follows a long line of companies across the country being forced to raise prices due to virtually all cost increases since the recent COVID-19 pandemic.

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Amazon Prime raises annual subscription price by $ 20 and monthly subscription by $ 2

Source link Amazon Prime raises annual subscription price by $ 20 and monthly subscription by $ 2

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