In 2005, Amazon announced the creation of Amazon Prime, a membership service offering free two-day shipping within the contiguous United States on all eligible purchases for an annual fee and discounted one-day shipping rates.
The popular benefit of Amazon Prime is free two-day shipping, but there are several Amazon-specific and partner benefits. For example, the free shipping offer comes with no minimum order size and applies to millions of eligible items. In cases where a customer is not in a hurry, they can opt-out of two-day shipping for a credit that can be used towards digital purchases such as ebooks and online movie rentals.
Prime Video is Amazon’s streaming video service included with membership and offers titles exclusive to Amazon. Twitch Prime gives customers a free channel subscription to a video game streamer of their choice, plus numerous discounts and free in-game content for many popular titles.
Amazon Drive subscription offers unlimited storage for files and access to those files anywhere. Prime Student is provided to college students or anyone with a .edu email address domain at a discounted price.
As a paid loyalty rewards program, Amazon Prime has made it increasingly likely that customers will make more purchases through the site.
Amazon Prime is a paid subscription service offered by Amazon that gives users access to services that would otherwise be unavailable, or cost extra, to the typical Amazon customer. That includes free one or two-day delivery, streaming music and video, and other benefits. In January 2020, Amazon reported that Prime had more than 150 million subscribers worldwide.
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