AmazonPrime membership price may rise by $20-$40 in the future. AmazonPrime, the program which gives customers free, two-day shipping, as well as free access to AmazonPrime Instant Video and a Kindle lending program, has been $79 per year since the program’s beginning nine years ago. AmazonPrime customers reportedly order twice as much and more expensive merchandise than non-Prime customers. In a late call on Thursday night, the internet retailer revealed it might have to raise prices to respond to rising fuel and shipping costs. If the price-hike strategy succeeds, Amazon.com, Inc. could produce increased revenues. Whether the amount would be enough to help boost per-share earnings for investors remains to be seen.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: