Amazon Prime Raising Prices

[Haamsaaveni (Hamsi) Kumar]

Amazon is to increase the cost of subscribing to their Prime streaming service by £1 a month. This is the first hike since 2014 when Amazon’s operating costs started to increase and will kick in from 15 September. Would people still flock away from other streaming services like Netflix and Disney+ given that there are many services associated with Prime or is Prime worth the hike?

Let us know what you think!

[Hannah Willoughby]

This is interesting as with current inflation, families are looking to cut costs where they can, however, as you said Amazon provide more than just a streaming service. I think in order for Amazon to maintain and attract more consumers they would have to highlight their other benefits, especially, prime delivery. Making this stand-out and showing consumers how this benefit would reduce costs in the long run.

[Peter Watson]

Hello Hannah! Apologies – I’ve been away! I agree with what you say there. I have found it surprising that so many people leave it. Disney+ continues to go from strength to strength it seems!

[Author]

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