“Because the membership has so many perks, one might assume that it’s worth it,” says Trae Bodge, smart shopping expert at True Trae (opens in new tab). But how much are you really using Amazon Prime - and how much value are you gleaning from it? This is comparable to Netflix’s standard membership plan (albeit with a wider range of perks. If you pay monthly, you’re paying $14.99 a month, which clocks in at just under $180 a year. If you pay your Amazon Prime membership annually, (the most cost-effective option), it’s an annual $139 hit. To make matters worse, part of those layoffs are affecting Amazon’s Alexa division, a tool many Amazon Prime members use to place orders. And since Amazon judged this second event a success, we expect it will return later this year.īut as Amazon made deep cuts to its leadership team with a layoff of around 10,000 positions late this year, experts are predicting that could be a major disruption for Amazon, possibly leading to customer service issues. Last October, Amazon held a bonus discount Prime Early Access Sale, two days that ended up kicking off the 2022 holiday shopping season. With the service now costing close to $200 for monthly subscribers, it’s no surprise that consumers are wondering whether Amazon Prime is worth the cost, even if Amazon Prime Day, that annual blockbuster sale remains a big draw. Amazon Prime might offer a wide range of perks across its many services, but then Amazon went and raised its yearly subscription fee by 17% last February. There’s cable TV, sports packages, streaming services such as Netflix (opens in new tab), Disney Plus (opens in new tab) and Spotify (opens in new tab), food delivery services, and membership schemes all the way down to gift boxes for your dog. These days, you’re likely up to your neck in other subscription services.
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