Amazon Prime Day is Set to Boost Q3 Earnings Growth

Due to COVID-19, Amazon Prime Day is arriving later in the year, Oct. 13-14. The pandemic has substantially accelerated the pace and shift to online shopping. In its latest earnings call, Amazon said “We’ve accelerated the number of — the growth of Prime members, both in the U.S. and internationally. So that’s a good sign that we’re happy about. And we hope that that has long-term ramifications” (Source: Amazon Q2 2020 Earnings Call). Amazon gained a significant amount of new Prime members, and enough time to analyze the data to discover which types of promotions will entice shoppers to open
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Oct 14, 2020
posted by Jharonne Martis