Amazon's Prime Day "presents a tremendous opportunity for other retailers if they know how to take advantage of it", said David Bassuk, global co-head of the retail practice at consultant AlixPartners. For those unaware, this is an annual sale that the US-based e-tailer hosts for all its Prime members. CNET's Dan Ackerman joins "CBS This Morning" to discuss what to expect from the big sale. Amazon is hoping its deals, available only to Prime members, are a hit with customers as it's raising the price of the program. Additionally, you can expect big savings on video games, consoles, gaming accessories, 4K TVs, other electronics, apparel, outdoor gear, baby products, and almost anything else you can buy at the online retailer. It's worth asking "Alexa, what are your deals?" occasionally throughout the day to see if she's got something new that suits your needs.
Amazon's Echo devices sometimes get first crack at exclusive deals.
Prime Day is a study in retail's woes in microcosm: Amazon lowers prices of a number goods that consumers can expect to get on their doorsteps within a couple days-a value, speed, and convenience proposition that's hard for others to match.
Prime Day begins at 12 PM PT (3 PM ET / 12 PM BT) on July 16 and will last 36 hours, through July 17.
The glitches had some Amazon Prime customers threatening to quit the premium service.
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There isn't much to it than that, but obviously it depends on each brand selling something you actually want. Good luck to all those planning on taking advantage of the Prime Day deals.
For tech products, prices will probably be slightly better around Black Friday, but this is a good mid-year opportunity to score some discounts.
The Amazon Fire Stick has been reduced, but you can save yourself some money on Amazon Prime Day 2018. (You can also get a one-month membership for $13).
From their site: "To share Prime benefits and digital content between adults, both adults must link their accounts through Amazon Household and agree to share payment methods".