Amazon Prime Day sale 2024: When will 2-day free deals event begin?

Amazon Prime Day is a big hit among of consumers in the US as Amazon subscribers are expecting another round of lucrative offer sooner.

Consumers need to sign up for Amazon Prime which offers 30-day free trial. The monthly membership will cost $14.99 per month. One can also pay $139, which translates into monthly cost $11.58 each month.

Prime Video offers two-day free deals, member-only offers. This year, Amazon is yet to announce a date for Amazon Prime Day 2024, as per a report on New York Post.


Meanwhile, Prime Video’s gathering star power-- and live sports -- position it to capture a greater share of the $28.75 billion in digital advertising revenue Emarketer projects will be spent this year on streaming, as marketers trim their investment in traditional television. Morgan Stanley estimates Prime Video ads could generate $3.3 billion in sales this year and more than double to $7.1 billion within two years.

Even so, Prime Video continued to lag industry leaders YouTube and Netflix by share of streaming television viewing in the U.S. for the month of June, as measured by Nielsen.

And, while more of its shows have broken into Nielsen’s Top 10 ranking of the most-streamed original series in 2023, Netflix remains dominant.

Still, Amazon’s aspirations to create a single entertainment destination that offers something for every taste are coming into clearer focus, say nine agents, ad buyers and entertainment industry executives.

Prime Video became the first streaming service to land an exclusive deal with the NBA, creating year-round sports programming that, by 2025, will include the NFL football, NASCAR car racing, the WNBA Finals and Champions League soccer.

Prime Video increased its outlay by $1.7 billion to $13.6 billion this year as it deepens its investment in professional sports and increases the volume of content production, market researcher Ampere Analysis estimates, while other studios tighten spending on content.

FAQs

Q1. What are subscription fees?
A1. Consumers need to sign up for Amazon Prime which offers 30-day free trial. The monthly membership will cost $14.99 per month. One can also pay $139, which translates into monthly cost $11.58 each month.

Q2. What does Amazon Prime Video offer?
A2. Prime Video offers two-day free deals, member-only offers.