For online shoppers, Amazon Prime Day has become one of the biggest sales events of the year. The annual event is an opportunity for Prime members to snag Black Friday-level savings on certain items and hefty discounts on many others.
Prime Day has overtaken Labor Day as the chief late summer retail event, according to a survey from RetailMeNot, in which 96 percent of Prime shoppers say they’ve either shopped Prime Day in the past or are interested in shopping it this year.
Nonmembers can also take advantage of the deals by signing up for a 30-day free Prime trial. The membership costs $14.99 per month (or $139 per year), so if you’re not interested in maintaining the membership, make sure to set an alarm to cancel your trial.
“Amazon designs the sale to get you to discover things you never knew you wanted or needed that are very much on sale,” she says. “The best way is to think about things you’ve been meaning to buy or things you wanted to stock up on, and add them to your cart or wish list, so you don’t end up making a lot of impulse purchases.”
Although Prime Day officially kicks off at 3 a.m. EDT on July 11 and runs for 48 hours after that, you can start prepping now to take full advantage of the available deals. Start by making a list of items that you might purchase and tracking their prices (the CamelCamelCamel.com tool is great for this), so you’ll know whether you’re getting a good price for them later.
You can sign up through the Amazon app for personalized deal alerts on recently searched or viewed items. If you have an Alexa device, you can use that for deal notifications on items from your wish list, cart or the “Save for Later” tab. To do that, you’ll need to ask Alexa to add the item to your cart or wish list, then ask it to tell you when a deal goes live for that product.
When Prime Day arrives, use these strategies to make the most of it:
Focus on Amazon-branded products …
Though Amazon will cut prices on items in all categories from a range of brands, you’ll find the best deals on Amazon’s own merchandise, especially tech, such as smart home devices, wireless headphones and laptops, according to money consultant Andrea Woroch.
… but skip most TVs and gaming consoles
Except for Amazon-branded Fire TVs, most of the discounts on televisions and gaming consoles will be lower than those you’ll see on Black Friday. Given the higher cost of such products, if you don’t need it right away, you’re better off waiting until November.