By: Robert Dotson
In this Amazon Prime event, many of the products that Amazon has access to will have their prices reduced by some percentage of their original price. This is an event that takes place all over the world through the Amazon website and lasts for 36 hours. Amazon Prime members will be able to purchase more items and products at a much lower price than they would if they were buying them at another date. Products like top smart home products, electronics, kitchen, furniture, bedding, gaming consoles and Prime exclusive clothing will be on sale during this special event to all members of Amazon Prime. Ranging from 50% to 40% to 35% and 25% discounts this is sure to be a very good time to shop for people.
These sales deals are bound to make Amazon receive one of the greatest stock increases that it has had. According to some people this even sounds interesting. Tatiana Valenzuela, an avid Amazon buyer, said, “One should really know what they want and then purchase everything you need because this is a good opportunity to get things you want for summer.” These words show that when buying in this sales event one should be ready and buy what they need above all else. Another excited Amazon buyer Louis Morrow said, “Using money responsibly and knowing what you’re doing before purchasing is very important in this event and that he’s getting a new set of power tools.” This seems to be the case since according to The Skim’s news service shows that Amazon’s founder is now one of the richest people in modern history, being worth more than $150 billion. That sounds like a very good day’s work for Amazon.
As good as this event is for people to get everything that they need there was a problem. In Europe, the workers took the day to protest poor working conditions and low pay that they had been receiving for the last couple of years. Turns out that a deal that Amazon made with MAD4 workers that gave them night shift bonuses and healthcare expired in 2016 and since then they haven’t reached a new agreement as of late. Since the end of the old agreement, the company has been chipping away at their rights and salaries. These protests are not new and have occurred in the past in different parts of Europe, such as Germany and Italy. This along with the major amount of purchases caused the sales event to not reach any higher in stock value than it did. The company still reached a very high increase in the stock market but it could’ve been higher had the workers not started protesting. Despite the mishaps that Amazon went through this special sales event, the sales will most likely go through the roof.