Amazon Prime Day set on October 13 and 14 October


Prime Day, usually held in mid-July, was postponed due to the epidemic. The event is Amazon’s summer Christmas edition and its sales have regularly surpassed Black Friday.

This is the latest Prime Day ever held by Amazon, and the first to be held in the fourth quarter, including Black Friday and Cyber ​​Monday, followed by two other industry-wide holiday deal events.

“We think this year’s Prime Day will be bigger than that,” said Jamil Gani, vice president of Amazon Prime. “It’s definitely been an unprecedented year and we’re preparing for what we do all year long. We think October 13th and 14th is the right time to start a successful and safe holiday season.”

Amazon (AMZN) The company tested its inaugural Prime Day in July 2015 to celebrate its 20th anniversary. Amazon has been extending Prime Day for the last five years of its existence, officially extending it to two days and offering preview deals weeks before the big event.

The sales phenomenon has boosted Amazon’s sales. But, more importantly, Amazon uses the savings event to promote its own products and hook new members to its subscription program that 100 million people around the world consider an essential part of their shopping life. The majority of the company’s fur on Prime Day is exclusive to Prime members – a 120-year subscription that offers customers music, movies, TV shows and free shipping.

Amazon has flourished during the epidemic as consumers buy more goods online and limit their visits to stores. Amazon had sales of .. 9 billion in the last quarter ended June 0, up 0% from the same period a year earlier. Net income doubled during the quarter.2 5.2 billion.
Retail analysts say more brick-and-mortar retailers will begin their holiday sales earlier this year following Amazon’s decision. Home Depot (HD) Has said it will offer a two-month Black Friday discount in early November and Best Buy plans to launch the promotion earlier this year.

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