Amazon is a staple firm in many of our lives. Whether we realize it or not. For instance, Amazon owns Zappos, Twitch, IMDB, and it may even power the very website that you are on right now through its AWS division. Whatever the case may be, it is true that you may interact with one of Amazon’s services at one point in your life.
The company has been growing for quite some time and has been offering products at competitive prices. At the same time, as the firm matures, it must ensure to find ways to continue to grow and remain profitable.
One way to do that is to simply raise prices on a valuable product or service. Sure enough, just like Netflix did earlier this year, Amazon noted that it would raise prices on its membership plan.
Last week, Amazon announced its plan to increase the price of its annual Prime membership from $119 to $139. The new price is set to take effect on March 25th this year for existing members and 18th of this month for all new members.
For those who wish to subscribe on a monthly basis, the existing price of $12.99 is set to increase to $14.99 on the same dates this year.
One Small Trick to Retain the Old Amazon Membership Price
The good news is there is something you can do to get an additional year of membership at the old price. Read on to learn how.
Ordinarily, a Prime member receives an e-mail for ‘gifted’ membership prior to expiry of membership. This time, just let that email remain in your inbox until one day before the time your Prime membership is set to expire.
On that day, log onto your own Amazon account and manually terminate your Prime subscription. This move will pre-empt the chance of Amazon renewing your membership by default, which would otherwise happen at the new increased rate.
On the day your membership is set to end, you will essentially have no Prime membership, yet you will still be in possession of the email with ‘gifted’ prime membership. Use that to manually gift yourself Prime membership at the existing rate of $119 per year.
In short, redeem the ‘gifted’ Prime membership yourself instead of using it on someone else, and because it will have been set at the old rate, you will save $20!
Old Price for New Members
If you would like to subscribe for Prime membership the first time, you can take a similar savings act by going for the 30-day offer of Prime trial before February 18th, and in the process lock in the existing annual rate of $119.
Pretty cool, right? It is a simple trick but it helps you to stay at the right price for a little longer. You can still take advantage of the Amazon Prime membership, only at the right price.