Amazon (NASDAQ: AMZN) , which is generally vague about their annual prime membership sale decided to go public with the actual figure of sale this year. Amazon has recorded three million in sales volume this year. The online retail brand is one of the largest in the world and is known for offering exciting deals and offers especially around the holiday seasons. The online retail giant offers a certain number of exclusive memberships as well. These are typically the memberships that are awarded to employees, and are purchased by the general public to avail schemes and deals that they wouldn’t be able to as regular customers.
Prime membership recordings by Amazon
The recorded prime membership sale took place a week before Christmas, but was revealed just this week. Amazon stock has risen substantially, especially over the holiday season, with some of the largest shopping sales happening across the United States. Some perks of the prime membership packages are that of free shipping and preferential shipping to all of its members. The free and preferential shipping is one of the most cherished aspects of Amazon’s prime membership. During holiday season, the membership allows you access and proximity to products that you wouldn’t be able to access during the peak of the season sale.
According to the prime membership package, people are also able to stream many of the series available on Amazon. It also allows movie streaming on the Amazon channel. Amazon has also produced its original series called ‘The Man in the High Castle’, which is a take on a fictional world, if America were to lose the war to Nazi Germany and their allies in the Second World War. The series was the highest watched and streamed series on the prime membership package.
Booming business for Amazon
Business has been booming for Amazon, especially this year. Amazon has reported and enjoyed a strong growth in sales numbers this year, after the American economy has finally begun to turn for the better. Employment is on a surge and so is the income rate. Sales figures have boosted Amazon’s economic portfolio, and this year, Amazon has reported one of the largest volume sales and business boost since the global financial crisis faced in 2008. During the crisis, Amazon was hit hard too. However, things seem to be going well in the online retail sector. Amazon hiked their prime membership package from 79 dollars to 99 dollars this year. However, the rise in the price did little to dissuade people from buying.