Prime Day Loses Its Spark As Sales Nosedive 41% (pymnts.com)
- Reference: 0178323062
- News link: https://news.slashdot.org/story/25/07/10/0123233/prime-day-loses-its-spark-as-sales-nosedive-41
- Source link: https://www.pymnts.com/amazon/2025/prime-day-loses-its-spark-as-sales-nosedive-41/
> Momentum Commerce reported that figure for Tuesday (July 8), with Momentum's Founder and CEO John Shea saying that the sales numbers for this year's longer event could still surpass those of last year's shorter one, Bloomberg [2]reported Wednesday (July 9). Shea attributed the drop in first-day sales to consumers putting items in their shopping carts but holding off on completing the purchase in case better deals come along, according to the report. Last year's shorter event encouraged shoppers to head to checkout to ensure they wouldn't miss out on the discounts, Shea said, per the report.
Amazon Prime Vice President Jamil Ghani remains optimistic, telling Bloomberg Television the company was "pleased by the engagement" with shoppers during the event and that it is "very early." He said the company extended the duration of Prime Day because shoppers wanted more time to discover the deals.
According to numbers provided by Adobe, Prime Day's kickoff surpassed Thanksgiving 2024's $6.1 billion in eCommerce spend. The software company also found that 50.2% of sales came through a mobile device and that buy now, pay later orders for Amazon's Prime Day were up 13.6% year over year.
[1] https://www.pymnts.com/amazon/2025/prime-day-loses-its-spark-as-sales-nosedive-41/
[2] https://www.bloomberg.com/news/articles/2025-07-09/amazon-prime-day-sales-plunge-41-in-first-day-of-four-day-event?srnd=homepage-americas&sref=zNmRQ0gk
4 day prime 'day' (Score:2)
> saying that the sales numbers for this year's longer event could still surpass those of last year's shorter one
They should just double the length of this 'day' every time, just to keep growth numbers in. Can't wait for the decade long prime day.
And here I was thinking [1]days were getting shorter [usatoday.com].
[1] https://eu.usatoday.com/story/news/nation/2025/07/09/july-9-shortest-day-earth/84515891007/
Or maybe we just donâ(TM)t care? (Score:2)
Canadians are keeping our money at home. Shop local. And why is one online companyâ(TM)s big sale news anyway? Maybe we just have all the crap we need and spending money like this just because thereâ(TM)s a sale is an out of date trend. Save money for rent and groceries. And get rid of that twit running your country thatâ(TM)s messing up your economy and pissing off your neighbours at the same time.
Re:Or maybe we just donâ(TM)t care? (Score:4, Insightful)
> The real damage to US/Canadian trade was probably Biden's Keystone XL cancelation.
You think that's bad you should see how much damage the US educational system has done. It leads to comments like yours. Hint: KeystoneXL wasn't built / running therefore it can't possibly have damaged trade to cancel it.
Re: (Score:2)
By your logic, California's train to nowhere is great for high speed rail on the US. But anyone with a head on their shoulders sees that it's not: it's a sign of government dysfunction and that HSR needs the right (physical, societal and governance) environment to work.
Cancelling a huge project in the middle of construction does have costs -- [1]lots of them [reuters.com] -- and both these direct costs and the chilling of future trade damage that trade.
[1] https://www.reuters.com/business/energy/tc-energy-says-its-15-bln-claim-keystone-xl-project-thrown-out-by-us-tribunal-2024-07-16/
Re: (Score:2)
> Canadians are keeping our money at home. Shop local. And why is one online companyâ(TM)s big sale news anyway? Maybe we just have all the crap we need and spending money like this just because thereâ(TM)s a sale is an out of date trend. Save money for rent and groceries. And get rid of that twit running your country thatâ(TM)s messing up your economy and pissing off your neighbours at the same time.
And yet, there you are, buying products of that country, and using it to post spittle to Slashdot.
Prime isn't what it used to be... (Score:4, Insightful)
At least in Japan. The "deals" are "you save 40% on this item we marked up 39.999999%", deliveries are often delayed by days with no notification or reason and especially lately is more "you'll get it when you get it.". It's gotten to where if I know I need something, I just go to the store and buy it.
Re: (Score:2)
Same in the UK. Very few genuine deals, and if you wait a month or two the same items are usually cheaper anyway.
Re: (Score:2)
In Germany too.
Re: Prime isn't what it used to be... (Score:2)
Unfortunately I've been finding that things I used to just go out and buy are no longer available locally or same day. That really puts a damper on weekend projects.
Re: (Score:2)
The "deals" are "you save 40% on this item we marked up 39.999999%",
Sounds like a good deal. 10000 yen item marked up 39.99% to 13999, then discounted 40% to 8399.
Nice (Score:3)
That's tariffic news!
No good deals... (Score:2)
might be a reason why less people are buying. Did Amazon think that they could just declare a "Spend tons of money at Amazon day" without actually offering good deals? Because that is what seems to have happened.
False Economy (Score:2)
It's become common knowledge that Amazon ramp up the prices a week or so before any event like this (Prime Day, Black Friday, Cyber Monday, etc.) and then they "generously" offer you "discounts". It's all a scam scheme, designed to make you part with more of your money, to encourage you to go on a spending spree while not actually getting any benefit.
The economy is struggling (Score:2)
Oh, sure, there's the crypto scam and the AI apocalypse, but normal people are struggling. The government is cutting jobs left and right. School PhD programs and research have been gutted. What for?
For stupid and beyond!
Re: (Score:1)
> The government is cutting jobs left and right. School PhD programs and research have been gutted. What for?
The government has excess staff. Bill Clinton cut 400,000 employees back in the day. Perhaps we bloated back up and need another such slimming down?
What you researched has a lot to do with your employability. It's not simply that you received an advanced degree. A mediocre topic leads to low employability. Also, a PhD in STEM or a less desirable area? Haven't we seen a shift away from STEM? That could be contributing to less employability. Also I've seen some abuse with respect to research. A gov't agenc
Re: (Score:1)
Efficiency means that more workers have to do more roles and customers just have to put up with more mistakes, right? But they'll get over it, right?
What you're saying is pure ideology and it's not backed up by recent history.
Re: (Score:2)
> Efficiency means that more workers have to do more roles and customers just have to put up with more mistakes, right?
No. Efficiency means getting more and/or better output per unit of input. Usually specialization (doing fewer tasks) improves efficiency, and lower quality reduces the value of the outputs, making it harder to maintain or improve efficiency.
Where the fuck did you learn economics, the Bernie Sanders School of Too Many Deodorants?