Amazon announces 2022 Prime Day dates
How to spot a scam on Amazon Prime DayReplayMore Videos ... (16 Videos)How to spot a scam on Amazon Prime DayWalgreens Boots Alliance CEO: 'I took pay cuts' to advance careerThe Fed anticipates more rate increases after announcing biggest hike in 28 yearsWhat the interest rate hike means for you94% of women executives have this in commonVideo: Bill Gates mocks Bored Ape NFT'sRealtor.com chief economist shares her advice for homebuyers and sellersThree reasons gas prices are expected to stay highHe predicted US inflation would rise. Hear what he thinks about a recessionFact-checking Biden's claim that Putin shares blame for inflationSuze Orman's tips for navigating inflation: Don't panic and continue to investHere's why bitcoin's drop has investors worried'Tough number to swallow': Romans breaks down inflation dataHear why this gas station owner is selling gas at a lossRetirees becoming homeless at higher rate than other age groups amidst inflationDisney apologizes to couple after employee spoils their proposalNew York (CNN Business)Amazon's Prime Day sales event will be held on July 12 and 13, the company said Thursday.
Last year's sales spectacular, which returned to its usual summer perch, was the biggest two-day sales period for third-party sellers in the company's history. Online spending during the event surpassed $11 billion, a 6.1% increase compared to Prime Day 2020, which was held in October, according to Adobe Analytics.The event begins at 3 am ET on July 12 and continues for 48 hours spanning several countries, including for the first time Poland and Sweden. Discounts are offered on electronics, toys, home goods and clothing among other items."With the small businesses and national brands our members love and trust, we're excited to offer some of our best Prime Day deals yet to even more customers around the world," Jamil Ghani, vice president of Amazon Prime, said in a press release.Amazon (AMZN) holds the event each year to build loyalty with its Prime subscribers and hook new shoppers into the program. Prime Day, which has taken place since 2015, accounts for roughly 1% to 2% of Amazon's annual sales, analysts say. Read MoreSales during the Prime Day event expand beyond Amazon as well. Rivals including Walmart (WMT), Target (TGT), Best Buy (BBY) and Macy's (M) also hold sales of their own to capitalize on the surge in online traffic driven by Prime Day shoppers.Click Here To Get Funded!