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OT: Amz reduces Prime fees for low income
Posted by: samintx
Date: June 06, 2017 08:28AM
Amazon'com's (AMZN) announcement that it would reduce its Prime membership fees for several low-income consumer groups in a bid to more directly compete with Wal-Mart. Amazon said it would cut its Prime membership fee to $5.99, vs. $10.99, for persons receiving government assistance in the form of food-stamp cards. The discount would affect about 20% ofthe U.S. population, according to Amazon. Amazon shares dipped 0.2%.
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Re: OT: Amz reduces Prime fees for low income
Posted by: C(-)ris
Date: June 06, 2017 09:50AM
20% of the US is on Food stamps?



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Re: OT: Amz reduces Prime fees for low income
Posted by: Jerry®
Date: June 06, 2017 11:11AM
Amazon.com/qualify



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Re: OT: Amz reduces Prime fees for low income
Posted by: NewtonMP2100
Date: June 06, 2017 11:39AM
....but if you are low-income are you really going to buy from Amazon.....??

.....their prices are usually full retail or more......and low income people usually don't have credit card so they pay with cash.....



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Re: OT: Amz reduces Prime fees for low income
Posted by: billb
Date: June 06, 2017 12:02PM
Quote
C(-)ris
20% of the US is on Food stamps?

Quote

It depends upon what the meaning of the word 'is' is
and where you live and when. The percentage is always in a state of flux. Take a snapshot of the numbers in the program in January and another in August and you could be comparing a different set of numbers.

[www.usatoday.com]



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Re: OT: Amz reduces Prime fees for low income
Posted by: Seacrest
Date: June 06, 2017 12:16PM
Quote
NewtonMP2100
....but if you are low-income are you really going to buy from Amazon.....??

.....their prices are usually full retail or more......and low income people usually don't have credit card so they pay with cash.....

Amazon takes several forms of payment.





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Re: OT: Amz reduces Prime fees for low income
Posted by: Dennis S
Date: June 06, 2017 12:22PM
I don't think it's worth $72 a year to get stuff a couple of days quicker. Now that the minimum order is $25, I think it's a bad deal.
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Re: OT: Amz reduces Prime fees for low income
Posted by: C(-)ris
Date: June 06, 2017 12:50PM
Quote
billb
Quote
C(-)ris
20% of the US is on Food stamps?

Quote

It depends upon what the meaning of the word 'is' is
and where you live and when. The percentage is always in a state of flux. Take a snapshot of the numbers in the program in January and another in August and you could be comparing a different set of numbers.

[www.usatoday.com]

Very informative. I was surprised to see Washington DC at the top of the list for recipients. What is going on there? The rest are in the southern states and the North West which makes sense.



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