A recent survey spells bad news for Amazon Prime day, as Americans are likely to spend significantly less money this year than they did in 2021 due to inflation.
, the e-commerce giant's discount bonanza exclusive to users of its premium subscription service, kicked off on Tuesday., Americans are likely to spend significantly less money this year than they did in 2021, according to a survey.
This is happening as America’s pandemic-era e-commerce sales bump proves to be short-lived. After surging 32% in the second quarter of 2020, online sales have largely resumed their regular pace of about 3% per quarter,. And as a percentage of total U.S. sales, e-commerce growth has flatlined in the post-pandemic era.
The midyear spending spree won't occur solely at Amazon. RetailMeNot found shoppers will spread about 40% of their sales-day budget at competing retailers like Best Buy, Macy’s and Target, which have launched alternative discount events alongside Prime Day.If there is a silver lining for shoppers, it's that prices are falling in Prime Day's biggest spend categories, according to online inflation data tracked by the Adobe Digital Price Index.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Get Amazon Prime Student for 6 months to shop the best Prime Day 2022 dealsAttention students! It’s an educated choice to get Prime Student before the deal ends.
Read more »
Best Garmin deals: Save money on smartwatches this Amazon Prime DayWe've rounded up the best Garmin deals this Amazon Prime Day, so you can shop smart and save money
Read more »
Here are 4 tips for saving money on Amazon Prime Day. KPRC2Amy is helping you narrow down the deals that are sent to you along with the top three things all parents should consider buying during the deal days. Texas hounews amazon amazonprimeday primeday shopping kprc2 kprc click2houston
Read more »
Inside the inner workings of Amazon Prime DayThe company's fulfillment center in Carteret, NJ, will see nearly 1,000 workers staffed during one of Amazon's busiest periods of the year.
Read more »
How to Earn More Than $50 in Amazon Credits Ahead of Prime DayMost of these promotions require you to spend some money, but they’re a relatively easy way to redeem some extra cash.
Read more »
23 Best Non-Amazon Prime Day Deals To Shop Right Now | Well+GoodPlenty of other retailers are squaring up with the e-commerce titan by offering the best non-Amazon Prime Day deals of their own.
Read more »