It’s that time of the year again – Amazon Prime Day is here! Amazon’s annual sale will take place on Tuesday and Wednesday, offering incredible discounts on a wide range of products, from hair dryers to paper towels. According to the retail giant, this year’s sale will feature their lowest prices yet, with new deals appearing as frequently as every 30 minutes during the two-day event.

To take advantage of these sale prices, you must be a Prime member. Membership can be obtained for $139 per year or $14.99 per month. The Prime program holds immense importance for Amazon, contributing a substantial $25 billion to the company’s annual revenue, as reported by the Federal Trade Commission, which is currently suing Amazon over this program.

Last year, shoppers around the globe purchased an astounding 300 million items during Prime Day. This year, BofA Securities, Bank of America’s investment banking division, predicts that Prime Day will generate even higher revenue for the company than before.

If you plan to partake in the Prime Day sales, it is advisable to conduct some research to ensure you secure the best prices. Here are five key points to remember before clicking “Add to Cart.”

Amazon Prime Day is a great time to find deals on a wide variety of products. However, there are a few things you should keep in mind before you start shopping.

Not all deals are good deals

Just because something is on sale doesn’t mean it’s a good deal. Do some research to make sure you’re getting the best price possible. You can use price comparison websites like Camelcamelcamel to see how an item’s price has changed over time.

It’s a good time to stock up on essentials

Prime Day is a great time to stock up on smaller essentials, like groceries and pantry staples. Amazon often offers deep discounts on these items.

Watch out for lightning deals and Amazon coupons

Lightning deals are special offers that last only for a limited amount of time. They can be a great way to get a good deal on a hot product. However, they can also sell out quickly, so you need to act fast.

Amazon also offers coupons for Prime members. These coupons can be used on a variety of products, including electronics, home goods, and clothing.

Other retailers are in on the action

Amazon isn’t the only retailer offering sales during Prime Day. Other retailers, such as Target and Walmart, are also offering discounts on a variety of products. It’s worth comparing prices from different retailers to make sure you’re getting the best deal.

Avoid impulse buying. Other sales are around the corner

Prime Day lasts for two days, which can create a sense of urgency. However, it’s important to avoid impulse buying. Other big seasonal sales are around the corner, and many stores will be offering discounts on big-ticket items. McGrath also said Amazon tends to repeat deals, especially for its own products, around Black Friday.

Conclusion

By following these tips, you can ensure that you get the most out of Amazon Prime Day. Do your research, be patient, and don’t be afraid to comparison shop. With a little planning, you can score some great deals on the products you’ve been wanting.

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