Is Amazon Prime Worth It?: Amazon India has been aggressively promoting its Prime membership for ₹ 499.00 per year. The perception of many people is that the Prime membership offers free 2 day shipping and unlimited Amazon Prime video content. Well, that’s one part of the Prime membership, but, there’s more to what you benefit of the Prime program. I’ve analyzed the cost and benefits of the membership to explain how you can save ₹ 8,000.00 a year.
Amazon Prime is a paid membership of ₹ 499.00 a year that gives shoppers a few advantages like free one or two day shipping, unlimited streaming of exclusive Indian, US blockbuster movies, TV shows, Amazon originals and 30 minute early access to lightning deals on Amazon.in. Amazon Prime membership in the US costs $ 99.00 per year with more benefits like unlimited photo storage, unlimited ad free music etc. Amazon India plans to launch these services soon in India too.
Here are some additional benefits of Amazon Prime
Amazon Pantry: Amazon has launched its Pantry shopping in over 30 cities across India that allows you to buy monthly groceries at lowest prices and extra cash back when you shop for more. The average grocery bill for a family of 4 in India is around ₹ 5000.00 per month (includes vegetables, milk, meat etc.) and most families spend an average of ₹ 2500.00 per month on groceries like wheat, rice, cooking oil, snacks, spices etc. Amazon Prime members get extra 15% off cash back on order above ₹ 2000.00 and that translates to instant saving of ₹ 375.00 per month or ₹ 4,500.00 per year. The best part of Amazon Pantry is the NEXT DAY DELIVERY..!
Amazon Family: As a Prime member, you enjoy all the benefits of Amazon Family at no additional costs. Amazon family members get additional 15% off on Diapers, this approximately translates to ₹ 2,000.00 savings per year (average discount of ₹ 120 for a pack of 56 count diapers with an average of 20 packs a year)
Amazon Prime Video: Amazon India has more than 1800+ movies, 600+ series, this may sound quite low when compared to Netflix or the Amazon Prime US content. Amazon Prime Video impresses with its movie selections, especially the Indian content and movies in multiple languages like Tamil, Telugu, Marathi, Hindi etc. with an option to download to view offline. Prime Video’s subscription cost is so low at less than ₹ 42.00 a month or ₹ 499.00 per year that it won’t pinch users. With exclusive Hollywood, Bollywood and other language premiers, Amazon Prime Video is worth at least ₹ 1,500 a year on DVD rentals or digital purchases.
To summarize, you can save a minimum of ₹ 8,000 per annum with Amazon Prime membership of ₹ 499.00 per annum if you can plan your pantry purchases or stock them up during sale periods. Click here to sign-up for Amazon Prime.