Amazon Prime Day 2018 is almost here!
While lesser known than other sale days, with 100 million Amazon Prime members it is fast making its mark as one of the biggest deal shopping days of the year.
Amazon Prime Day is absolutely killing it, especially considering that this will only be the fourth Prime Day event.
What is Amazon Prime Day and why should you care?
Glad you asked.
What is Amazon Prime Day?
Amazon Prime Day is a special event offering amazing deals for those with Amazon Prime memberships.
Don’t have a Prime membership?
No worries! Use our link to get a free 30-day trial, just in time for Prime Day!
The regular Prime membership will run you $119 per year, or $12.99 a month. However, students with an active .edu email address can get the Student Prime membership for $59 a year, or $6.49 a month.
Aside from access to the biggest sale day of the year, an Amazon Prime membership gets you free fast shipping on eligible purchases, streaming (of videos, TV, and music), and shopping benefits. You can also take advantage of membership sharing for adults living in the same household. See the full list of benefits here.
Additionally, you can enter to win daily prizes up until Prime Day by downloading the Amazon app and watching videos. Get more information about giveaways here.
This year, Amazon Prime Day will run for 36 hours beginning at 3pm ET on Monday, July 16th and ending at 3am ET on Wednesday, July 18th.
In addition to Amazon Prime Day deals, which are only available during the timespan listed above, Amazon has also rolled out a host of early deals for Prime members.
Here’s a list of some of the early deals offered by Amazon:
- $100 off the Amazon Echo Show
- 30% off Amazon brand vitamins and beauty products
- Up to 25% off furniture and décor
- Up to 20% off home, kitchen, and more
- Up to 20% off on laundry detergent and other essentials
Check out all of Amazon’s early deals here.
Sneak Peek Deals
Aside from the early deals, Amazon Prime members also have the opportunity to get a sneak peek at the bargains to be had on Amazon Prime Day.
Prime members who have the Amazon app can begin previewing Prime Day deals a week in advance. That means that you can start previewing this years’ deals on July 9th.
In addition, you can use the app to add the items you like to your list, which will then send you an alert when they go on sale on Amazon Prime Day. This way, you won’t miss any deals you really want to snatch up!
You can also use the Amazon app to preview many Prime Day deals before they go live. Just add the deal to your watch-list and note the time the deal will go live. Even if you forget, the app will remind you when the deals on your watch-list are live and available for purchase.
To make these deals even more attractive, Amazon will give you $10 when you download and sign in to the Amazon app for the first time.
Start your free Amazon Prime membership trial and download the Amazon app to start previewing Prime Day deals.
Prime Day Launches
Amazon Prime Day isn’t just about getting some great deals. This year, several brands are utilizing the popularity of Prime Day to launch new products.
Prime Day launches include a detachable sound bar from Tewell ($109.99), a Vitamix E310 Explorian blender ($349.95), and a Bob Newhart conversations with famous friend’s audiobook ($9.99).
See all the Prime Day launches here.
Whole Foods Deals
If Prime Day deals and launches aren’t enough for you, Prime members can also enjoy extra savings at Whole Foods.
Prime members typically receive 10%, but on Prime Day you can get an extra 10% off on select items. Plus, from July 14th – 17th Amazon Prime Rewards Visa card holders (who are Prime members) will get 10% back on purchases made with the card at Whole Foods.
If you’re a regular shopper at Whole Foods, save up your grocery list for Amazon Prime Day to save up to 20% on selected items.
How Should You Approach Amazon Prime Day?
Like Black Friday, Cyber Monday, and any other major sale event, Amazon Prime Day should not be an excuse to rack up a bunch of debt by purchasing a bunch of unneeded items.
Rather, Amazon Prime Day is a great way to save money on items you are already thinking of purchasing, as well as to save even more money on your groceries at Whole Foods.
Like any other sale event, if you go into Prime Day just browsing the deals you’ll likely end up spending far more than you anticipated or wanted.
To avoid unnecessary impulse purchases, we’ve made a list of actionable steps for you to prepare for, and get the most out of, Amazon Prime Day 2018.
- If you’re not a Prime member, sign up for a free 30-day trial and download the app – If you’re not already a Prime member you’re in luck, because you can try Prime for free for 30 days during the Amazon Prime Day period. Sign up and use Prime for Prime Day deals, then if you don’t like it or don’t want to spend the money on a full membership, cancel before your 30 day trial is up. There’s no risk to you, but potentially a big reward. Also, don’t forget to download the Amazon app to get sneak peeks at deals and make your wish list. Use our link to sign up for your free Amazon Prime trial.
- Share your Prime membership with family and friends – Technically, you can only share your Prime membership with one other adult in your household, but that’s only for users on the account. One way to make your Prime membership go further is to share it with family and friends. Simply have others make a list of items they want to purchase and then have them pay you back. You may even get some free meals out of the deal.
- Make a list of the items you want to purchase before you shop – For your own purchases, the first thing you should do is make a list of items you want. This does not mean you should make a list of all your desired items, but rather of items you have already decided you want to buy. For instance, if you’re looking for a Bluetooth speaker, a new TV, a bedspread, a hammock, or any other items you’ve already decided you want to purchase, write them down.
- Check the sneak peek deals to see if your desired items are included – Once you have your list, check the sneak peek deals to see if any of those items will be on sale. If they are, add them to your wish list to get an alert when they go on sale.
- Double check to make sure you’re really getting the best deal – You can get some really great deals on Amazon Prime Day, but that doesn’t mean that all the deals are the absolute best you could get. Just like with any sale, there are likely products that are available for even better prices at other times of the year or on other sites. This may be especially true if an item on your wish list isn’t specific to a brand, such as with a Bluetooth speaker. Check out the Amazon Prime Day deals, but also make sure you research item prices outside of Amazon to see if you could get a better deal elsewhere. Another tool you could utilize is CamelCamelCamel, which is a free Amazon product price tracking site. Don’t limit yourself to Amazon Prime Day if you can get a better deal elsewhere.
- Amazon Prime Rewards Visa: If you don’t already have one, DO NOT sign up just for Prime Day – It’s true you can get some pretty good returns at Whole Foods using the Amazon Prime Rewards Visa, but you should not sign up for one just for Prime Day. If you have a Prime membership and regularly shop at Whole Foods or at Amazon then this card may be a nice option. There’s no annual fee and some nice bonus categories (including 5% and 2% back), but you should only sign up if you plan to use this card for more than just Prime Day.
As always, we only recommend using credit cards if you can pay your balances off in full every month, which extends to Amazon Prime Day.
Whether you use the Amazon Prime Rewards Visa or another card for your purchases, any rewards you earn will be rendered mute if you pay interest on your balances.
Moral of the Story
Amazon Prime Day is a great opportunity to find amazing deals on items you were already looking to purchase.
This year’s Prime Day runs from 3pm ET on July 16th until 3am ET on July 18th, and with the ability to sign up for a 30-day free trial of Amazon Prime, there’s no excuse to not take part in this day of deals.
Sign up for Amazon Prime using our link and download the app to unlock early deals, sneak peeks, and begin building your wish-list.
However, we caution you to approach this sale as an opportunity to get great deals on items you were already looking to purchase, not as an excuse to run up a bunch of debt.
Make a list of items you were already wanting to buy, then limit your searches to those items. That way, you won’t be tempted to make an impulse purchase that you weren’t already planning to make.
Add any wanted items to your wish-list, then make sure you do some research to ensure that you are truly getting a good deal.
For those items you do wish to purchase on Prime Day, note the time of the deal or simply let the app send you a notification when the deal is live.
Finally, if your purchases are made with a credit card, make sure you pay the balance off in full to avoid accruing interest and wiping out your savings and rewards.
Do take advantage of Amazon Prime Day, just make sure you do it the right way.
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