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Amazon price increase

In June Amazon Prime goes from $99 from $119. For me, I use Amazon quite a bit and $20 a year isn't really that big a deal. Heck the money I save on home air filters and the 5% cash back on the card I pay off every month more than pays for that. I do use the music app and the prime video as well. But you know they probably could have waited another year to raise the rate, since they had a good financial year.

One thing I find funny about this is how Wal-Mart has gone from the destroyer of worlds to white knight savior for some people. My friend from my hometown even told me that he'll shop online at Walmart instead now since Amazon will kill small business. I don't know how it's slipped his mind that Walmart put all the small guys in our town out of business in the late '80s, then moved 25 miles down the road leaving us with nothing but a McDonald's. This put both of our mothers out of a job, not once but twice since they had to work at Walmart when the jeweler closed down lol. I understand he doesn't want to pay another $20 but just come out and say that. Let's not rewrite history here. To me it's more of a old bad guy vs new bad guy type of a thing. Wouldn't you shop at small online businesses, something on the order of our favorite string store bassstringsonline, instead of just going to Walmart if you were truly outraged about something?

Anyway some are predicting that 20% will cancel the service, but Wall Street doesn't seem to agree. I think it'll be far less then that, maybe 5%.

How does TBOT feel about the new rate? Will you stay or will you go? Do you think Wall Street has it right, or has Amazon made a mistake?
 
I'm staying. Even with the increase, it's a good value for my wife and I. All of our parents and siblings (and their kids) live a number of states away, so we send a lot of packages around birthdays and holidays (we usually get to spend Christmas with one set of relatives, but we still have to send stuff to the other set).

In Amazon's defense, shipping costs have definitely gone up (anyone who's sold gear lately knows about that!). And they argue that Prime comes with more benefits now, though I'm not sure I take full advantage of that.

At the same time, we still try to support our favorite local businesses.
 
First, thank you @Pacman. I was looking forward to this discussion.

.......And they argue that Prime comes with more benefits now, though I'm not sure I take full advantage of that.

Were you invited to join Prime Wardrobe? We got our invitation a few weeks ago.
This feature my wife and I are going to use, well at least my wife will. You pick out some clothes, at least three items from clothes shoes and accessories, then they ship them to you at no charge (they have your credit card on file obviously, so it's not like you're just getting free clothes). You have seven days to try them on and wear the items. Within those seven days, return to the Amazon website to 'checkout' and pay for the items you want. For the items you don't, put them back in the box, slap on the prepaid return label included with the original shipment, and drop off at a UPS location.

-Mike
 
First, thank you @Pacman. I was looking forward to this discussion.



Were you invited to join Prime Wardrobe? We got our invitation a few weeks ago.
This feature my wife and I are going to use, well at least my wife will. You pick out some clothes, at least three items from clothes shoes and accessories, then they ship them to you at no charge (they have your credit card on file obviously, so it's not like you're just getting free clothes). You have seven days to try them on and wear the items. Within those seven days, return to the Amazon website to 'checkout' and pay for the items you want. For the items you don't, put them back in the box, slap on the prepaid return label included with the original shipment, and drop off at a UPS location.

-Mike
Hmmm, I didn't. Sounds intriguing. I have a hard time finding things that fit correctly, so the return feature is great.
 
First, thank you @Pacman. I was looking forward to this discussion.



Were you invited to join Prime Wardrobe? We got our invitation a few weeks ago.
This feature my wife and I are going to use, well at least my wife will. You pick out some clothes, at least three items from clothes shoes and accessories, then they ship them to you at no charge (they have your credit card on file obviously, so it's not like you're just getting free clothes). You have seven days to try them on and wear the items. Within those seven days, return to the Amazon website to 'checkout' and pay for the items you want. For the items you don't, put them back in the box, slap on the prepaid return label included with the original shipment, and drop off at a UPS location.

-Mike

I haven't heard of that yet. I guess they just auto charge you if you don't get back to them.
 
Prime Wardrobe is intriguing to me because I truly hate shopping for clothing in general and especially in brick & mortar stores.
I do not like cloth shopping either and have buying most of my cloths, at least the casual wear ones, from Amazon. Plus there is a much larger selection than B&M stores. I have no problem withe Amazon Prime increasing their price. I get my money back many times over each year by being a member.
 
I'm more perturbed by the fact that they keep changing their terms on their cloud drive. First, it was unlimited storage for a fee. Then, they split purchased and uploaded music, meaning that any newly uploaded music could no longer be played in the music player, only stored in the cloud drive. Then, unlimited storage ended and now for a fee it's in 1 TB increments. Photo storage is still unlimited because they hope to monetize your photos with Amazon Photos print purchases. The latest notification stated that unless you opt in, all uploaded music will be deleted from the music app. We used to call this business model bait & switch. Nowadays, it's all in the fine print, I'm sure.
 
I'm staying. Same day shipping still boggles my mind considering I remember mailing out checks to buy things mail order. Also, between Prime Video, Hulu, and Netflix I'm still saving loads of cash compared to DirecTV. I just have to remember that when something has a silly low price, it's best to stockpile since that price will invariably jump up significantly.