Why You Tend To Spend So Much Money on Amazon

PennyGem’s Elizabeth Keatinge tells us about the tricks Amazon uses to make purchasing easy.

Transcript

00:00 So you ran out of dog bones for Max.

00:06 Just get more on Prime and they'll be here tomorrow.

00:08 Amazon is addicting, right?

00:10 You're not alone.

00:11 According to Insider, there are over 100 million members paying $119 a year for Amazon Prime.

00:18 One of the perks is expedited shipping.

00:20 The average Amazon Prime member is reported to spend around $1,400 per year, while non-members

00:25 spend $600.

00:27 As Money Talks News highlights, Amazon makes shopping immersive through limited-time promotions

00:31 like Lightning Deals.

00:33 There's also the Lists feature.

00:35 You can make a shopping list and a wish list to share with family and friends, so when

00:39 your birthday comes, they know exactly what to get you.

00:42 Buy Now with one click also makes ordering quick and easy.

00:46 With your credit card information saved, you don't even have to get up from bed to finalize

00:50 your order.

00:51 Voice shopping and Subscribe and Save also make shopping fast and easy.

00:55 But remember, just because it may seem easiest, it may not always be the most cost-effective.

01:01 Amazon's not the only game in town.

01:03 Comparison Shop at places like Walmart, Target, and other competitors to make sure you're

01:08 getting the best deal.

01:09 (upbeat music)