Amazon Prime has 100 Million members and it costs $119 a year to have. Amazon really about it.

[Majestic]

100 million x 119 = 11,900,000,000

You mean to tell me they making that much money on Prime membership alone and not that's not even counting the money they make from people buying on there, it's not counting their other services.

Bezos right now

That feeling where over 11 billion dollars hitting your account every year. To think Amazon started as a bookselling site. Incredible story.

 

[O.T.I.S.]

School discount

 

[Wildhundreds]

100 million x 119 = 11,900,000,000

You mean to tell me they making that much money on Prime membership alone and not that's not even counting the money they make from people buying on there, it's not counting their other services.

Bezos right now

That feeling where over 11 billion dollars hitting your account every month. To think Amazon started as a bookselling site. Incredible story.

Every year..

Its a yearly subscription..

 

[Gold]

We use it for business.
Honestly every business probably has an account now that I think about it.

 

[Sensitive Christian Grey]

And my brother tried to tell me that Nike was a bigger brand than Amazon

 

[Elim Garak]

amazon makes alot of money i had no clue.

 

[TRFG]

Yeah but those last mile shipping costs probably killing them

 

[Majestic]

amazon makes alot of money i had no clue.

Became the second trillion dollar company last month. Why do I get the feeling that they just getting started.

 

[ℒℴѵℯJay ELECTUA]

they should change the name to Amazing!

 

[Majestic]

We use it for business.
Honestly every business probably has an account now that I think about it.

In what way do businesses use it?

 

[@OffHalsted]

Email Hustle>
I stay making hotmails

 

[Actually6Foot3]

The sole reason I do not have Amazon prime is because I know I will spend too much. Haven't had it in years.

They're probably breaking even on prime memberships or even losing moneyhaving to pay FedEx and UPS to express shipeverything.

Hence them being in the process opening up their own shipping company

The real money is in the fact that people spend much MUCH more on Amazon knowing that something will be there in only two days. Prime is a means to and end. A very very successful one. Remember users are the real product at the end of the day.

Edit: this article says Amazon Web Services is where the profit comes from. They are in fact still losing money on their e commerce but market share > profit for now. Gotta stiffle the competition by any means

All of Amazon's 2017 operating income comes from AWS | ZDNet

 

[MikelArteta]

Prime is the goat

Even has me spending 25 to get that one day shipping sometimes

 

[Sonic Boom of the South]

nikka prime is more a loss because the shipping costs is way more that the profit from prime

But Amazon still bank

 

[Mr swag]

School discount

exactly, I dont think I will have it otherwise