Amazon Prime Day II a Rousing Success (Says Amazon)
The online retailer’s Prime Early Access Sale sold more than 100 million items in the two-day event designed to kick-start the 2022 holiday shopping season – very early.
Amazon’s first ever Prime Early Access Sale, an October event to mirror July’s Amazon Prime Day, brought big numbers to the online retailer and helped some shoppers get an early start on their holiday gift lists – or themselves.
Amazon on Thursday said the two-day event, held Tuesday and Wednesday (Oct. 11-12), saw more than 100 million items go out the door worldwide (Amazon hasn’t released sales figures yet). The event targets Amazon Prime members, a new perk added to the membership benefits.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
The hottest categories for shoppers (and Amazon) included clothing, toys, home goods and, of course, Amazon’s own devices such as Echo, Ring video doorbells and flying home-security cameras, Audible and now also iRobot (maker of the Roomba), a perennial winner (and deeply discounted) for prior Amazon Prime Days.
“Our Prime Early Access Sale was a great kickoff to the holidays, and the best part is that it’s only the beginning,” said Doug Herrington, CEO of Amazon Worldwide Stores. “Customers will find millions of must-have deals throughout the season that will help them continue to save money on gifts for loved ones.”
The most popular products during Prime Early Access Sale included the Macbook Air M1, with a surprising discount rarely seen on Apple products; Bose earbuds and headphones; the Peloton bike; Casper pillows and toppers; and Shark hair dryers, vacuums, and air purifiers. LANEIGE Lip Sleeping Mask, Apple AirPods (2nd Generation), Vital Proteins Collagen Peptides, and Crest 3D Whitestrips Professional Effects Teeth Whitening Strips were hot items in the U.S.
Best-selling holiday items and décor items sold in the U.S. included wreaths, garlands, decorative lights, and Halloween costumes, because why not holiday costumes?
Other major retailers, competitors to Amazon that include Walmart, offered ancillary sales around Amazon’s October event, like Walmart’s Rollbacks and More (Oct. 10-13) and Target’s Deal Days (Oct. 6-8).
How the October sales events for all retailers shake out for the holiday shopping season remains to be seen. Kiplinger is forecasting a “meh” season for retailers, with profits peeling off of inflation-fueled price increases rather than sales volume. The forecast is retailers will see only a 1% increase in sales, after inflation.
For inflation-weary shoppers, however, big discounts could be in the offing as retailers seek to dispose of warehouse-clogging inventory. Last-minute shoppers should rule; Christmas Eve is on a Saturday this year, and malls are seeing a post-Covid comeback in foot traffic.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
Bob was Senior Editor at Kiplinger.com for seven years and is now a contributor to the website. He has more than 40 years of experience in online, print and visual journalism. Bob has worked as an award-winning writer and editor in the Washington, D.C., market as well as at news organizations in New York, Michigan and California. Bob joined Kiplinger in 2016, bringing a wealth of expertise covering retail, entertainment, and money-saving trends and topics. He was one of the first journalists at a daily news organization to aggressively cover retail as a specialty and has been lauded in the retail industry for his expertise. Bob has also been an adjunct and associate professor of print, online and visual journalism at Syracuse University and Ithaca College. He has a master’s degree from Syracuse University’s S.I. Newhouse School of Public Communications and a bachelor’s degree in communications and theater from Hope College.
-
Why I've Got an Eye On These Travel Stocks
Going places to gather experiences, learn and relax is what people do as income grows and these travel stocks are likely to benefit from that trend.
By James K. Glassman Published
-
What Trump Will Do Next
The Letter President-elect Trump begins second term with busy regulatory agenda.
By Matthew Housiaux Published
-
Amazon Prime Members Can Now Save Nearly $70 Per Year on Gas
If you’re an Amazon Prime member, you can now add discounts on fuel to your ever-expanding list of perks.
By Kathryn Pomroy Last updated
-
12 Books That Taught Us About Finance
From classics to recent bestsellers, here are some of the best money and personal finance books you can find on Amazon, according to Kiplinger's editors and writers.
By Alexandra Twin Last updated
-
Get Apple AirPods Pro 2 for the Lowest Price Ever on Amazon Prime Day
Score the AirPods Pro 2 for their lowest-ever price this Amazon Prime Day. Plus, shop for other Apple products on sale.
By Erin Bendig Published
-
Five Amazon Prime Day Deals We Love
Here's a look at five Amazon Prime Day deals we love this October Prime Day.
By Erin Bendig Last updated
-
After Amazon Prime Day: The 25 Best Deals Still Going On
If you missed out on Amazon Prime Day, no worries. There are dozens of "too-good-to-miss" Post-Prime Day deals to cash in on, from Samsung, Shark, Ninja, Apple and more.
By Kathryn Pomroy Last updated
-
Amazon Prime Day Southwest Deal: 30% Off Domestic Flights
Amazon Prime Day Southwest Deal: 30% Off Domestic Flights
By Kathryn Pomroy Published
-
Amazon Prime Day: Best Deals Under $50
Get the best Amazon Prime Day deals under $50 before they sell out.
By Donna LeValley Published
-
Save Money on Your Energy Bills with These Amazon Prime Day Deals
Amazon Prime Day is prime time to get great deals on energy efficient devices and appliances.
By Donna LeValley Published