AmazonPrime Program Price May Rise (HuffingtonPost)

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.

Adrienne Minor

Adrienne Minor is an editorial assistant for Eagle Financial Publications. She writes, edits and posts articles for the website, as well as edits and assists in the online distribution of Eagle’s investment newsletters, trading alerts, e-letters and other reports. Adrienne's special investing interests are in mobile technology and consumer spending.

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