Jacking up Amazon Prime prices could be a huge mistake

Discussion in 'Android News and Rumors' started by Brad Reed, Feb 12, 2014.

  1. Brad Reed

    Brad Reed Guest

    c1abf9e4556966dcaa206eb96481acf6.jpeg People may love Amazon Prime, but Amazon shouldn't take that love for granted anytime soon. The Wall Street Journal points us to a new survey conducted by Consumer Intelligence Research Partners showing that while most Amazon Prime customers plan on renewing their subscriptions right now, that number would drop significantly if it meant paying between $99 and $119 versus the $79 annual membership they pay today. According to CIRP's survey, 40% of Prime customers said they would "definitely" not renew their subscriptions if Amazon hiked the price all the way up to $119 while less than half said they would "probably" or "definitely" renew their subscriptions if Amazon raised prices up to $99.

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