Amazon holding second Prime sale ahead of holiday season
Amazon's Prime Day event in July was its biggest two-day event in history
Amazon Inc. said Tuesday it will launch another sale exclusively for Prime members after having a record-breaking Prime Day event earlier this summer.
It's called "Prime Big Deal Days" and it's coming this October.
The sale, like Prime Day, will benefit Amazon's Prime members around the world.
The event will offer exclusive deals for members across 19 countries, including the U.S., just as the 2023 holiday shopping season gets underway.
AMAZON'S 2023 PRIME DAY SETS NEW SALES RECORD
The event is just one way the company is trying to entice more people to become Prime members despite higher fees. In 2022, Amazon increased the cost of monthly memberships from $12.99 to $14.99 and annual memberships from $119 to $139.
The company didn't offer any additional details about the event, including the exact days it will take place. However, Amazon told FOX Business the event will follow the same format as last year's Prime Early Access Sale, a deal event that kicked off Oct. 11-12 to give Prime members exclusive deals ahead of the holidays.
The Seattle-based e-commerce giant said it would share more details as it gets closer to the event.
AMAZON PRIME DAY SCAMS: HERE'S WHAT TO LOOK OUT FOR
In July, Amazon touted that the first day of its 48-hour shopping bonanza was the "single largest sales day in company history."
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
AMZN | AMAZON.COM INC. | 198.38 | -4.50 | -2.22% |
This year's event was also the biggest Prime Day in history for independent sellers, most of which are small- and medium-sized businesses. Their sales growth in Amazon's store during the event outpaced Amazon's retail business, the company said.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The buzz around Prime Day also helped boost overall online sales.
During the two-day event, consumers spent $12.7 billion across all online marketplaces, which marked a 6.1% increase year over year and set "a new record" for the demand driven by Prime Day, according to the latest data from Adobe Analytics.