With Amazon Prime Day 2020 coming up on October 13 and 14, members of Amazon’s loyalty program are looking forward to big sales.
This article is going to go over all the things you need to consider before you buy an Amazon Prime membership just for Prime Day. And because your money is at stake, money expert Clark Howard has some thoughts.
Should You Sign Up for Amazon Prime Just for Prime Day Sales?
“I’m expecting Prime Day to offer some really good bargains,” Clark says, “better than Amazon has offered in the past.”
“Most people don’t like to think about Christmas shopping until after Halloween. This year, that’s going to cost you,” Clark said recently on his podcast. “It’s going to eat into your wallet. In fact, I want you to figure out who’s been naughty or nice now.”
Here’s some of what you get with Amazon Prime:
- Free delivery on select items with same-day, next-day or two-day shipping
- Free unlimited photo storage with Amazon Photos
- More than 2 million songs without ads on Prime Music
- Video streaming service with Prime Video
- Whole Foods Market discounts
All those benefits are nice (see the full list of perks here), but the question is whether you’re going to use all (or any) of those services.
Here are three steps you should take before signing up for Amazon Prime.
Itemize the Benefits You’ll Actually Use
Write down the perks that appeal to you. For example, will you take advantage of the streaming service? Do you need some free cloud storage? Is there a Whole Foods near you, and if so, do you like to shop there?
Do Some Window Shopping (On Your Device)
Go to Amazon.com and look for some items that you need. Make a shopping list that includes the prices. Comparison shop on other websites to make sure what you see on Amazon is the best deal.
Manage Your Other Subscriptions
Before you sign up for Amazon Prime, take a look at your other subscriptions to see if you have any redundant services. For example, if you’ll use Prime’s streaming service will you still need to subscribe to YouTube TV, Hulu or Netflix?
Clark’s Take: Should You Join Amazon Prime for Prime Day?
“What I recommend is that if you start hearing buzz about something that you’d really like to have or need, then sign up for the 30-free trial,” he says.
Clark says signing up for free is the easiest and most thorough way for you to decide whether Amazon Prime is worth it for you.
“You can cancel it within those 30 days and pay nothing, but if you find that you really like the experience, then you could sign up for the year.”
Want to know more about Amazon Prime Day 2020? Here’s what to expect.