Prime membership in the US hit 103 million as of March 31, 2019:
TechCrunch. This benefit could make a huge difference to consumers who are concerned about their packages getting stolen or who are only available to take deliveries on certain days.
Adding features — like Amazon Day — that remove barriers to entry for consumers may be Amazon's best bet for keeping US Prime membership on the upswing in the future.Accelerating US Prime growth is a good sign, but conversions from 30-day trial memberships are sinking. As membership hits new heights, falling 30-day trial conversion suggests that long-term acceleration may be tough to maintain. Prime's 30-day freeis one of Amazon's best strategic offerings to get new sign-ups. It shows prospective members the wide range of benefits offered through the subscription program and will automatically convert them to a paid membership if they don't cancel after 30 days.
However, Prime's retention rate following this trial has slipped from a high of 75% in Q3 2017 to 64% in Q1 2019, per CIRP. This may mean that Amazon has already pulled in the consumers who get the most out of Prime memberships and are likely to stay subscribed in the long term. If this is the case, it would mean that Prime is close to saturation in the US and that its growth could flatten out or even decelerate in the near future.1.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US manufacturing output unchanged in MarchU.S. manufacturing output was unchanged in March after two straight monthly declines, leading to the largest quarterly decrease in production since 2017.
Read more »
US retail sales soared 1.6% in MarchU.S. retail sales were expected to rise 0.9% in March, after slipping 0.2% a month earlier.
Read more »
U.S. retail sales post biggest gain in one-and-a-half years in MarchU.S. retail sales increased by the most in 1-1/2 years in March as households bo...
Read more »
U.S. existing home sales fall more than expected in MarchU.S. home sales fell more than expected in March, pointing to continued weakness...
Read more »
U.S. Existing-Home Sales Declined in MarchSales of previously owned U.S. homes sputtered in March, failing to build off strong gains in February, despite lower mortgage rates and a strong job market.
Read more »
U.S. manufacturing output flat as auto production fallsU.S. manufacturing output was unchanged in March after two straight monthly decl...
Read more »
U.S. home sales tumble as supply constraints lingerU.S. home sales fell more than expected in March as rising demand stoked by decl...
Read more »
U.S. home sales slump ahead of spring selling seasonU.S. home sales fell more than expected in March, pointing to continued weakness...
Read more »
U.S. housing starts approach two-year low; permits weakU.S. homebuilding dropped to a near two-year low in March, pulled down by persis...
Read more »
U.S. homebuilding near two-year low; permits extend declineU.S. homebuilding dropped to a near two-year low in March, pulled down by persis...
Read more »
U.S. manufacturing mired in soft patch in first quarterU.S. manufacturing output was unchanged in March after two straight monthly decl...
Read more »