3 New Perks Amazon Prime Could Add

June 26, 2016 - Kindle Unlimited

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Amazon’s Echo intelligent speaker. Image source: Amazon.com.

Amazon (NASDAQ:AMZN) skeleton to supplement some-more perks to a Prime membership service.

At a annual shareholders assembly final month, CEO Jeff Bezos trumpeted a enlargement of Prime, observant that a membership bottom had grown 51% on an annual basement and braggadocio that it now includes tens of millions of members. Prime is a elemental post of Amazon’s business, according to Bezos, and a tradesman is usually removing started. Over time, Amazon will supplement new services and facilities to Prime, all in an bid to make it “irresponsible” for anyone to cruise going without.

Amazon charity no set calendar for a Prime enlargement or clues as to what those perks could be. But formed on a company’s stream offerings, there are several apparent directions a association could go in.

More cloud storage

Amazon offers Prime members free, total cloud print storage through a Amazon Photos service. Prime subscribers can store total photos on Amazon’s servers, accessing them from probably any internet-connected device. There are many alternatives to Amazon Photos, though they mostly cost income (Apple‘s iCloud costs between $1 and $10 per month). Unfortunately, Amazon’s stream cloud storage munificence ends there. When it comes to other forms of files (including videos), Amazon caps a Prime members’ storage during a scanty 5GB.

Amazon does offer total cloud storage for files, though charges $60 per year for a use and sells it wholly alone from Prime. Offering Prime members some-more cloud storage could infer attractive. Notably, Google Photos offers both total print and video storage, and while it compresses high-resolution versions of both to save space, it’s totally free. At a really least, Amazon could enhance a giveaway storage charity to video to keep pace.

Free audio books

Amazon offers Prime members giveaway Kindle books by a Kindle Lending Library. But Amazon could do more, expanding a offerings to embody audiobooks as good as a created word. Amazon already sells audiobooks by a Audible subsidiary. For $15 per month, Audible members accept a giveaway audiobook 12 times a year. Amazon offers Prime members ignored hearing subscriptions to Audible though hasn’t done it a unchanging perk.

Regular Audible credits, or a ignored membership, could attraction Prime to fans of audiobooks.

A bonus on a stirring streaming service

Amazon offers Prime subscribers giveaway streaming song in a form of Prime Music, a use it launched dual years ago. Prime Music competes with subscription-based streaming services, including Spotify and Apple Music, though a knowledge it offers is comparatively lackluster. Amazon has worked to urge Prime Music over a years with a introduction of improved playlists and other features, though Prime Music remains, during best, a bad choice to some-more strong offerings. Its catalog includes many renouned artists and genres though usually totals around 1 million songs. For comparison, other renouned services exaggerate catalogues of around 30 million songs.

According to Reuters, Amazon skeleton to launch a some-more entirely featured streaming song use after this year with a incomparable catalog than Prime Music. Amazon skeleton to assign around $10 per month for a service, putting it in line with offerings from other companies.

Integration of a streaming use with Amazon’s hardware, particularly a Echo intelligent speaker, could give it an advantage over a rivals and prompt some to switch. But a streaming song attention is timeless during this indicate — Spotify has some 30 million profitable subscribers, and Apple has 15 million. To attract subscribers, Amazon could offer Prime members a bonus on a song streaming service.

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source ⦿ http://www.fool.com/investing/2016/06/24/3-new-perks-amazon-prime-could-add.aspx

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