It’s February 2014 and the jig is just about up. Rumor has it Amazon might jack the price up on Amazon Prime $20 – $40 ($99 to $100+). We’re still in rumor stage but at some point a price increase is bound to happen.
Look, Amazon products don’t cost very much and Prime is a great deal. It’s such a great deal that their razor thin margins are suffering from Prime memberships (they lose money on this stuff people). Hence, the possible price hikes.
Click here to try out the Prime membership 30 day free trial and test the waters (if you buy from Amazon, you’ll love it).
Look at some of the hot best sellers you can get shipped to your home free. Note some of these things would cost a fortune to ship on other sites.
What’s on your Amazon wishlist?
So you’re wondering if you should get Amazon Prime in 2014. I think you should. Here’s why:
It’s $79 a year. That’s the huge deficit we’ve got to overcome to legitimize the purchase.
Second, you get to watch any Amazon Prime movies, tv shows, documentaries, etc. they have available. The selection is similar to Netflix but not quite on that level. Click here to see the movies on Amazon Prime.
Third, you get to borrow 1 Kindle Amazon Prime eligible eBook per month. These can range in price from 99 cents to $9.99. Click here to see Amazon Prime eligible ebooks.
So if you either watch eligible movies for free, download a Kindle ebook for free every month, or get stuff shipped to you free every month by an average of two times per month and place a value on speedy delivery, then Amazon Prime is going to be worth it for you.
The more you do any of the above, the better value you’ll get. I’m happy to pay Amazon $79 for Prime because I probably get somewhere in the neighborhood of $150 out of it.
If you don’t already have Prime, you have nothing to lose.
Click here to sign up for a month free trial.
As long as you cancel before the month is up, you don’t get charged for anything.
You can easily cancel by clicking here.
Amazon Prime at $79 works out for me with the cost of shipping alone. But the value doesn’t have to stop there. If you have a Kindle, you can choose from literally hundreds of thousands of books to borrow from FREE every month.
I just borrowed The Suitcase Entrepreneur, an $8.99 Kindle eBook ($11 paperback), for free using my prime membership.
That’s a $9 value in one month. Not every Kindle book you buy will be this much but even if you borrow a book with an average cost of $4.16 per month, that’s $50 value in you just saved per month.
To utilize this feature you need a Kindle. Kindle’s range in price. There’s a list of Kindle’s at the end of this blog post.
One thing I love about Kindle is I can turn the ebooks I borrow or get for free (there are a ton of great free eBooks released every week here) into audiobooks. In the video below, I show you how easy this is.
I’m continually trying to educate myself and keep up on the latest in tech stuff so this is a huge plus for me. By using the text-to-speech feature on my Kindle Fire HDX (the Kindle in the video), I can turn 98% of eBooks into audiobooks to listen to while I’m driving.
Here’s my Kindle:
For me Amazon Prime is already a great deal but when you start piling on the other great uses out of it, it becomes an even smarter move. If you’re not a reader, then don’t buy a Kindle unless you intend to become one. If you are a reader, travel a lot, or have a lot of idle time, buying a Kindle is a no-brainer.
Here are some of the different Kindles and their price point.
You can view cheaper Kindles here.
There’s a new social discount site that’s hot right now called Swagbucks. The cool part about it is you can earn reward points and use them to get free Amazon gift cards (you can also redeem for other gift cards or cash).
Click here to see what gift cards they offer.
There are several different ways you can earn points. You can search the web through Swagbucks toolbar. You can play games on Swagbucks. You can buy deals and discounts (like Groupon and other sites) through them.
Click here to see the types of deals they offer.
You can also find Swagcodes (like redeemable promo codes). You can watch videos. And you can do about 4 other things but my favorite is by referring people.
So in theory, you could just post your Swagbucks referral link on Facebook and get points. It’s free to join and use. You earn all your referral’s search points (they get them too) up to 1,000 points. 1,500 points will get you a $15 Amazon gift card.
They’re basically hoping you earn points through them and give their advertisers exposure. Their search engine looks a lot like Google: Click here to check it out.
I haven’t personally tried Swagbucks yet so I can’t say I’ve had success but it is really popular and my research comes up as it’s legit.
Click here to sign up for Swagbucks.
I recommend you try it out and if it seems cool to you, earn some Amazon gift cards.
You can really rack up a lot of points if you spend your “bored” time on their messing around.
Click here to see all the different ways you can earn points in your spare time.
FatWallet is a 100% free and legit website that gives you discounts when you shop through them (click their link and then shop at Amazon or wherever else). They have a lot of stores you can do this straight cash back thing with including Ebay, BestBuy, Costco, NewEgg, Sears, Walmart, and Bed Bath and Beyond.
You don’t have to do anything special besides sign up (you can signup here) and then click on the store you want to buy from. Once you make the purchase, you’ll be credited for a percentage of your money back in your account.
Now, back to Amazon, the other cool thing is they have coupons for random stuff on Amazon and you can browse through and see if there’s anything you’re thinking about buying.
To see the coupons, click here and then click on the Amazon button.
Keep in mind, you can catapult your cash back if you already have a cashback rewards card. For example, if you have a 1% cash back credit card and then shop at Bed Bath and Beyond, you can get another 1.5% straight cash back.
That’s a nice little savings when you’re buying stuff you already would have bought anyways.
Anyways, you won’t always be able to save money on Amazon using this website but it’s a nice money saving weapon to have in your back pocket. Plus, there are many other very prevalent websites you can save money on 100% of the time.
It’s free to sign up so there’s nothing to lose.
Click here to sign up.
If you currently have a Netflix membership or are thinking about getting one, you could easily replace the Netflix subscription and get an Amazon Prime membership and access to comparable free movies and tv shows along with free shipping to Amazon. That’s quite an upgrade.
The overall value is much better with Amazon Prime.
In this blog post, I run down some of the best, most popular, most recognizable, and/or new titles each has.
No Strings Attached
Mission Impossible – Ghost Protocol
Paranormal Activity 2
Law and Order
Transformers: Dark of the Moon
American Horror Story
Amazon Prime Selection
Transformers: Dark of the Moon
Mission Impossible – Ghost Protocol
One For The Money
No Strings Attached
Sons of Anarchy
Paranormal Activity 2
Fat, Sick, and Nearly Dead
The Girl With The Dragon Tattoo
American Horror STory
A few important footnotes on the best Amazon Prime movies vs. best Netflix movies.
First, this is a cursory list compiled by browsing what both Amazon and Netflix said were their most popular movies. It is not an exhaustive list and there may very well be better titles that I did not see or mention.
Secondly, Netflix has very good titles available to be shipped but not available on Instant stream. I do not know which of the titles above are available for instant download. One major bonus to Amazon Prime is all titles are available for instant download.
Third, there may be a particular show you love on Netflix or Amazon Prime that the other does not have. You can see all Amazon Prime available movies but I did not see a complete list for Netflix. They want you to sign up for a free-trial membership.
The Price, Prorated Price, and Cancellation Flexibility
Amazon Prime 1 month free trial, $79/year, no cancel after free trial (comes out to $6.58/month)
Neflix 1 month free trial, $7.99/month, cancel anytime (comes out to $95.88/year)
Amazon Prime vs. Netflix Analysis
The Amazon Prime vs. Netflix comparison really isn’t even close. It’s not really Netflix’s fault. Amazon is a monster with almost unlimited power and can afford to take a loss on Amazon Prime to gain your business elsewhere. Netflix is a niche online movie rental site just trying to make it as best they can.
With Amazon Prime, you get free two-day shipping on Amazon for a year and access to comparable movies and tv to Netflix for 1 year for $79.
With Netflix, you get access to comparable movies and TV to Amazon Prime for $7.99 per month or $95.88 a year. The one trump card Netflix holds is the cancel anytime feature.
Netflix may indeed have more behind the free trial (which I did not sign up for) but I can only go by what they have listed openly and assume they’re putting their best foot forward.
One aspect I hate about Netflix is that some of their movies (many of their top titles) must be shipped. I had a subscription a few years back and this was always a major stumbling block for me (I want to watch the movie now). Also, I should mention that I do remember Netflix having a more expansive, better top title list than the one they put out.
You could always get a Netflix free trial and see if the selection quality and quantity improves inside.
Generally speaking, Amazon Prime romps Netflix. The best way for you to compare Amazon Prime and Netflix is to grab a free trial for both.
Click here to sign up for an Amazon free trial.
For those of you struggling with whether or not to get Amazon prime, here are 5 sure-fire indicators you shouldn’t sign up for an Amazon Prime membership.
#1 You don’t regularly buy from Amazon. If you don’t have an order from Amazon for an average of at least once a month, you’re not even in the running for Prime unless you plan on changing that.
#2 You don’t value 2 day shipping. If 5-8 day free shipping is just the same to you, Prime loses a lot of its luster.
#3 The majority of your Amazon purchases are more than $25. If you spend over $25, you’re typically eligible for free super saver shipping with 5-8 day free shipping.
#4 Buying from your local stores isn’t an inconvenience for you (in time, travel, or expense).
#5 Amazon prices are more expensive on the items you would normally buy at the store.
Still not sure if the Prime membership is right for you?
Click here to test out a free trial membership for a month. You won’t pay a dime and all month you’ll get free shipping.
Click here to test out a free trial membership for a month.
You won’t pay a dime and all month you’ll get free shipping.
In this Amazon Prime review for 2012 I have listed all the pros and cons of Amazon Prime and how to determine if Amazon Prime is right for you.
Amazon Prime Benefits
– 2 Day Free shipping
– 1 Day 3.99 shipping per item
– Access to very good Prime Instant videos – movies and tv shows (they just got Discovery Channel) – See Amazon’s Selection of Free Videos
– Don’t have to reach minimum order threshold ($1.99 purchase gets free shipping)
– Access to Kindle borrowing library for ebooks (you get a free ebook per month) – See how the free Kindle ebook program works
– Free to try for a month (you can really cancel) – visit the Amazon.com free subscription page for details
Amazon Prime Cons
– Free super saver shipping (5-8 days) available for orders over $25
– Not all items qualify for Amazon Prime
– 1 Day shipping is still $3.99 per item
As someone that has a membership to Amazon Prime, I think it is well worth the value. I didn’t originally plan on even using instant videos but I’ve watched several movies and tv shows – all of which would have cost me $1.99 apiece.
On the membership itself, if you buy the right items from Amazon, you can not only get a huge discount vs. retail stores but you can save money on gas and time driving to the stores and waiting online.
As for what qualifies for an Amazon Prime purchase, look for the little Amazon Prime eligible logo next to items. In the research I have done, I’d say 75% of items on Amazon Prime are eligible for free shipping. The ones that do not qualify for free shipping are typically the ones sold by third party vendors who ship themselves and not from Amazon’s distribution center(s).
How You Know It’s A Good Deal
Business journals have frequently stated that Amazon actually loses money on Prime. This is not hard to imagine as anytime you think of an item you want to buy, no matter how big or small it is, Amazon will ship it to you for free. Shipping is not cheap on a lot of these items.
For Christimas, I got a $100 inversion table (helps spine decompression) shipped free of charge. The table package had to weigh at least 25 lbs. Can you imagine how much shipping for that product alone would have cost?
Should You Get Prime?
If make 12 orders a year or more from Amazon, I think it’s a really good deal. First, I hate when I just want to buy a book that’s $9.99 and then have to either pay for shipping ($3.99 or more) or bump my order up to $25 with items I didn’t plan to buy.
Second, Amazon keeps on tacking free benefits which really adds to the value like free movies, tv shows, and ebooks.
Third, 2 day free shipping comes really fast and my order is here before I know it.
Fourth, you can always try out a free month trial membership and cancel if it’s not for you so you have nothing to lose.
My rating 5 Stars. Please leave a comment or ask me any questions about my experience with Prime you have!
AboutPrime.com – Is Amazon Prime Worth it for 2012 – My Review