Poll: Are you sticking with Amazon Prime after the price hike?

Amazon LogoSource: Andrew Martonik / Android Central

On Thursday, Amazon led to fairly a stir when it introduced its plans to lift the price of its Prime club. As a part of Amazon’s This fall 2021 income record, it stated the every year price of Amazon Prime used to be expanding through $20 to $139 in keeping with yr. The per month charge is going up through $2 to $14.99, or $180 for 365 days. It’s essential to notice that the corporate reported earnings of greater than $137 billion in This fall 2021 on my own.

So is the price build up sufficient for you to ditch Amazon?

Amazon attributes the price build up to emerging prices fueled through inflation, to not point out elevating its moderate worker salary to $18 in keeping with hour to battle its exertions troubles. Amazon CFO Andy Jassy additionally said that the corporate hasn’t larger its subscription price since 2018.

Notably, this price build up comes forward of the upcoming The Lord of the Rings: The Rings of Power TV collection that may start streaming on Prime Video in September. The corporate is reportedly pumping up to $1 billion into the display, which shall be to be had for Prime Video subscribers. The corporate may just trap enthusiasts to stay their subscriptions simply from the display’s advertising on my own and even persuade others to in any case subscribe.

Of route, there are many different advantages to the Amazon Prime subscription, comparable to delivery perks, unique offers, and reductions to different Amazon products and services like Prime Music Unlimited, which is certainly one of the very best track streaming products and services because of its top quality audio. The query is whether or not or now not you assume Amazon will have to price customers extra in spite of making just about $500 billion in 2021.

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