HomeAmazon NewsAmazon now has more than 150 million Prime Subscribers globally

Amazon now has more than 150 million Prime Subscribers globally

We all know that Amazon is one of the giants in the e-commerce industry, as well as the industry in general. This is because not only has Amazon dominated in the online space but it has also done the same in the retail sector. Apart from commerce, Amazon is also operating a video streaming platform known as Prime Video and other ventures too. Therefore, we can say that Amazon is much bigger than its e-commerce website and it should not be taken lightly. Now, you might know that Amazon is known for its Prime service too.

Basically, Amazon Prime offers you lots of advantages such as free and fast delivery as well as subscriptions to Prime Video and more. Now, we were aware that Amazon’s Prime subscription service was doing quite well. But we did not have any numbers to know how well does the Prime service perform. Now, we have the Amazon Prime subscription numbers are they are quite staggering. It is revealed that Amazon has more than 150 million paying customers for its Prime service around the world.

Amazon CEO Jeff Bezos also announced that with more consumers joining Prime in Q4 2019 than ever before. While we don’t know the reason behind it, most of the growth for Amazon Prime came in the last quarter of last year. In April 2018, Amazon had 100 million Prime subscribers globally and it is seen that the service added 50 million more customers in 18 months.

One possible reason behind this Amazon Prime growth is the company’s shift from free two-day shipping to free one-day shipping. Also, Amazon has added more eligible products to free Prime delivery and number of markets have also increased which might be a contributing factor. Also, the added advantage of Prime customers not needing to pay $14.99 for buying from Amazon Fresh might have also played a part in this growth.

Sonali Minocha
Sonali Minochahttps://www.ecommercenext.org
Passionate about Innovation and Technology. I love to contribute to high impact projects/ products. I have co-created/contributed to technology solutions touching 100 million ++ humans. I am also fond of e-commerce & PIM solutions. As editor of eCommerceNext, I am bringing news, events, opinions, experts, reviews from the world of e-commerce and PIM Besides technology and innovation, I am usually involved in setting up and running complex operations and human capital systems. I have been grateful to be acknowledged by getting “Great Places to Work – Top 100”, “Great Places to Work – Top 50”, “Great Place to Work – Top 5” awards for my company. I am a people and relationship person and bring in a balance of empathy and realistic solutions. I thrive on building processes and building control systems. I led the team that achieved CMMI Level 3. I have managed large teams and in-turn managed projects worth 15-20 Million (Annually) Want me to cover an interesting story around eCommerce or PIM? Reach me on sonali@ecommercenext.org

Most Popular