{"id":10661,"date":"2014-03-14T09:00:18","date_gmt":"2014-03-14T13:00:18","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=10661"},"modified":"2014-03-14T07:52:44","modified_gmt":"2014-03-14T11:52:44","slug":"the-economics-of-amazon-prime","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2014\/the-economics-of-amazon-prime\/","title":{"rendered":"The Economics Of Amazon Prime"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/03\/031414_1148_TheEconomic1.jpg\" width=\"640\" height=\"360\" \/><\/p>\n<p><a href=\"http:\/\/www.amazon.com\/?_encoding=UTF8&amp;camp=1789&amp;creative=390957&amp;linkCode=ur2&amp;tag=centives-20\">Amazon<\/a> recently announced that it was increasing the price of its Prime membership to $99. The membership guarantees that millions of Amazon&#8217;s items will be delivered within two days. Zachary M. Seward took a look at its price:<\/p>\n<ul>\n<li>When Amazon Prime first launched it was priced at $79 a year. A wide misconception is that this price was chosen because it was a prime number.<\/li>\n<li>Rather, the &#8220;Prime&#8221; refers to the prime location that items that are delivered within two days occupy in Amazon&#8217;s warehouses.<\/li>\n<li>If the price of Prime had kept up with inflation, the service would cost $94.26 today.<\/li>\n<li>However Prime itself has involved and now it also offers customers video streaming and e-book rentals.<\/li>\n<\/ul>\n<p>Read more about how the price of Amazon Prime was first set, why Amazon wanted to make sure it didn&#8217;t &#8220;hemorrhage money&#8221;, and more over <a href=\"http:\/\/qz.com\/187442\/the-very-unscientific-tale-of-how-amazon-first-set-the-price-of-prime\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/qz.com\/187442\/the-very-unscientific-tale-of-how-amazon-first-set-the-price-of-prime\/\">Quartz<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon recently announced that it was increasing the price of its Prime membership to $99. The membership guarantees that millions of Amazon&#8217;s items will be delivered within two days. Zachary M. Seward took a look at its price: When Amazon Prime first launched it was priced at $79 a year. A wide misconception is that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/03\/031414_1148_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=10661"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10661\/revisions"}],"predecessor-version":[{"id":10664,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10661\/revisions\/10664"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/10660"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=10661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=10661"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=10661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}