Bargain hunters know the annual Amazon Prime Day retailpalooza as an opportunity to score a bevy of deals on all manner of merchandise. That's why they eagerly await the two-day event.
So here it is: Amazon Prime Day 2022 is July 12-13, a Tuesday and Wednesday.
Amazon Prime Day dates back to 2015, when it was debuted in July to juice sales during retail’s summer doldrums. But even when Amazon Prime Day was moved to October in 2020 because of pandemic issues, Amazon posted record Prime Day sales and ended up kicking off the holiday shopping season a month early.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of Kiplinger’s expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of Kiplinger’s expert advice - straight to your e-mail.
Amazon Prime Day returned to its summer slot in 2021, but in June, not July. And it was another resounding success, culminating in sales exceeding $11 billion.
That gave a boost to Amazon's second quarter earnings in 2021. That won't happen this year; the July date falls in Amazon's third quarter. To that end, the retailer offered lower-than-expected second quarter revenue guidance in part because of the plan to move Prime Day 2022 from June to July. Amazon's first-quarter revenue rose 7% on a year-over-year basis – the slowest pace in 20 years.
What to Expect from Amazon Prime Day 2022
Prime Day in 2022 should offer better deals than ever as Amazon responds to stepped-up competition from Walmart, Target, Best Buy, and even Costco (in some cases) offering free shipping and same-day in-store pickup.
Another reason Amazon might beef up its Amazon Prime Day offerings: to mollify customers irked by rising Amazon Prime fees. Membership fees for Amazon Prime rose by 17% this year, to $139 a year and $14.99 a month (a $180 hit for monthly subscribers).
In past years, Prime Day has offered its biggest discounts on Amazon’s proprietary gadgets — including Echo personal assistance devices (“Alexa…”), Fire TV sticks, Kindles and their ilk — plus a flea-market array of baubles, gewgaws and bric-a-brac from other vendors large and small, as well as items from Amazon’s Whole Foods supermarket chain. That range has led naysayers to dub Prime Day as Amazon’s version of a garage sale: a lot of (sometimes silly) unsold inventory with an occasional true treasure mixed in.
Many Prime Day deals are already live (opens in new tab), and some can be preordered by Prime members. Nonmembers can sign up for a free 30-day trial to tap the sales on Amazon Prime Day 2022. Not satisfied? Cancel the membership before you have to start paying for it.
We'll have our own takes on the best Amazon Prime Day deals as well; check back here.
-
-
Biden's Student Loan Forgiveness: You Can Opt Out if You Want To
Following a student loan debt relief lawsuit, the Department of Education says that borrowers can opt out of President Biden’s student loan forgiveness plan.
-
Best Way to Exit Your Timeshare: Never Buy One in the First Place
Beware: There is a war on timeshare owners who just want to get out!
-
Watch Out for Flood-Damaged Cars from Hurricane Ian
Buying & Leasing a Car In the wake of Hurricane Ian, more flood-damaged cars may hit the market. Car prices may rise further because of increased demand as well.
-
What You Need to Know About Life Insurance Settlements
life insurance If your life insurance payments don’t seem worth it anymore, consider these options for keeping the value.
-
The Best Travel Rewards Credit Cards
credit cards Business road warriors and leisure travelers alike can use a travel reward card to turn miles logged into other things – including more travel.
-
How Much Does Amazon Prime Cost for a Membership 2022?
Amazon Prime With the price of Amazon Prime rising 17% in 2022, the question remains: Is it worth it? We’ll run you through what you get (and ways you might pay less).
-
What Is an APR?
credit & debt Even for those who pay off their credit card balances every month, knowing your APR is part of keeping good credit habits.
-
How Big Will the Fed Rate Hike Be? Wall Street's Top Minds Weigh In
interest rates The Fed rate hike announcement is due out Wednesday afternoon, and markets are anticipating another monster increase.
-
Amazon Early Prime Access Sale Is a Prime Day Redux
Amazon Prime Prime Day: So nice they had to try it twice. A fall event will follow the model of blowout sales over two days. But it will come with a different name.
-
The Best Cash-Back Credit Cards
Smart Buying Not interested in miles, points or other perks from your credit card? For those who want money back with a minimum of games, these cash-back cards are the way to go.
