Homepage / Technology / More than half of all US households could have an Amazon Prime membership by year's end
Bonver Casino Cz Hrací Automaty S Bonusem Zdarm Magazyn Żużel Speedway W Polsce I Na Świeci Zakłady Sportowe Online Autógrafo Bukmacherska 1xbe “Pin-up O Melhor Cassino Do Brasil Web Site Oficial ᐈ Jogar Caça-níquei Zakłady Sportowe Online Obstawiaj U Bukmachera Gg Be What Industries Use Virtual Data Room? Advantages of a Data Room What Does a Board Room Provider Do? Data Room Analysis for Venture Capital Funding The Importance of Board Reporting Software Safe Uploading and Downloading Business Files How to Select the Best Board Management Software How to Organize the Work of a Company “gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler Which is the Best Podcast For Stock Market Beginners? Virtual Data Room Facts How to Protect Confidential Documents for Boards Advantages of Online Meetings Business Issues to Consider When Choosing a Data Room Provider What Is a Data Room? Virtual Board Room Software Due Diligence Risk Factors How to Choose a Reliable Tool for Data Exchange test Users535352253 Board Software and VDR Programs Business Operations Management Software Keep Data Safe and Protect Your Business Data How to Conduct a Board Self-Assessment Uncomplicated Ways to Simplify Daily Business Transactions Due Diligence Blog Digital Data Rooms for the Netherlands The New Era of Business Software and Reporting What Types of Businesses Use VDR Software? Ma Analysis Mistakes The Corporate Governance Role Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Unlimited Data Room Software For Due Diligence Leading Business Software Features to Look For Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals Why Choose VDR Software?


More than half of all US households could have an Amazon Prime membership by year's end

Jeff Bezos is reportedly closing in on surpassing another major milestone.

Amazon‘s Prime program — which has boasted impressive growth in recent years — should finally be in more than 50 percent of American homes before the year is over, Cowen & Co. has predicted.

According to the firm’s monthly survey of 2,500 U.S. consumers, about 49 percent of respondents already had a Prime membership this July.

Amazon’s latest Prime Day, which added more Prime subscriptions over a 24-hour period than ever before, is what will drive membership over the 50 percent threshold, Cowen analyst John Blackledge said in a note to clients Tuesday.

Back-to-school shopping and the 2017 holiday season are expected to give the internet giant another welcome boost.

As Amazon grows its offerings within Prime — such as Prime Now, Prime Pantry, Prime Video and Prime Music — a membership is looking more and more appealing to consumers. “Prime has maintained healthy growth despite its scale,” Blackledge said. A “constantly evolving value proposition” helps, too. And Amazon likes to keep things fresh.

Important to note, Amazon has historically kept its number of Prime subscribers close to the vest. But Blackledge and his colleagues at Cowen estimate that there were more than 54 million U.S. Prime subscribers by July of this year, up from the 46 million subscribers that Cowen suggested the same time a year ago.

A representative from Amazon didn’t immediately respond to CNBC’s request for comment on these numbers.

Amazon Prime membership also notably remains lowest among households that make less than $25,000 per year, according to Cowen. That being said, Amazon has plenty room to grow with lower-income shoppers.

Source: Cowen & Co.

Amazon Prime remains the “most critical driver” of [Amazon’s] retail business over the long term, Blackledge said.

Amazon’s stock on Tuesday was hovering around $990 per share, having reached the $1,000 mark earlier this year. Shares have climbed more than 29 percent over the past 12 months but have traded off more recently following an upsetting, second-quarter earnings miss.

Amazon Web Services remains the company’s main growth driver, climbing 42 percent year-over-year and generating $916 million in operating income. But retail sales look to be a growing part of Amazon’s business, as evidenced by a booming Prime penetration.

Source: Tech CNBC
More than half of all US households could have an Amazon Prime membership by year's end

Comments are closed.