{"id":2674,"date":"2012-04-30T08:17:29","date_gmt":"2012-04-30T13:17:29","guid":{"rendered":"http:\/\/www.mdmproofing.com\/iym\/weblog\/?p=2674"},"modified":"2012-04-30T08:37:31","modified_gmt":"2012-04-30T13:37:31","slug":"amazon-prime-i-heart-you","status":"publish","type":"post","link":"https:\/\/www.mdmproofing.com\/iym\/weblog\/2012\/04\/amazon-prime-i-heart-you\/","title":{"rendered":"Amazon Prime, I Heart You"},"content":{"rendered":"<p>I&#8217;m not much of a stock-watcher these days, but I&#8217;ve seen a great deal of chatter on the internet regarding Amazon&#8217;s <a href=\"http:\/\/www.marketwatch.com\/story\/amazon-earnings-fall-but-blow-past-estimates-2012-04-26-1650270\" target=\"_blank\">latest quarterly report<\/a>. Their stock (ticker: AMZN) blew out the roof upon announcement of Amazon&#8217;s apparently-fabulous earnings, and rose about 15 percent on Friday. Yay for AMZN longs, I guess, and &#8220;ouch&#8221; for AMZN shorts. (I am not a knowing holder of AMZN, though the funds my family owns may or may not own AMZN.)<\/p>\n<p>This gives me an opportunity to talk about not AMZN, the stock, but Amazon, the company. And it&#8217;s something Amazon-related which I think I&#8217;ve overlooked to this point:<\/p>\n<h3>My household hearts Amazon Prime.<\/h3>\n<p>I love <a target=\"_blank\" href=\"http:\/\/www.amazon.com\/gp\/prime\/?ie=UTF8&#038;pf_rd_t=301&#038;tag=itsyourmone-20&#038;linkCode=ur2&#038;pf_rd_m=ATVPDKIKX0DER&#038;pf_rd_p=1294973662&#038;pf_rd_s=auto-sparkle&#038;camp=1789&#038;pf_rd_r=6C2C9C65139C4A458F38&#038;creative=9325&#038;pf_rd_i=prime\">Amazon Prime<\/a><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.assoc-amazon.com\/e\/ir?t=itsyourmone-20&#038;l=ur2&#038;o=1\" width=\"1\" height=\"1\" border=\"0\" alt=\"\" style=\"border:none !important; margin:0px !important;\" \/>. My wife loves Amazon Prime. I would contend that the $79\/year which Prime costs us is possibly the best $79 I spend each year, when looked at from a &#8220;No, really, I&#8217;m happy to spend it!&#8221; angle.<\/p>\n<div style=\"float:right; margin: 10px 0 14px 14px;\"><a target=\"_blank\" href=\"http:\/\/www.amazon.com\/gp\/prime\/?ie=UTF8&#038;pf_rd_t=301&#038;tag=itsyourmone-20&#038;linkCode=ur2&#038;pf_rd_m=ATVPDKIKX0DER&#038;pf_rd_p=1294973662&#038;pf_rd_s=auto-sparkle&#038;camp=1789&#038;pf_rd_r=6C2C9C65139C4A458F38&#038;creative=9325&#038;pf_rd_i=prime\"><img decoding=\"async\" src=\"http:\/\/www.mdmproofing.com\/iym\/graphics\/amazon-prime001.gif\"><\/a><\/div>\n<p>It isn&#8217;t the availability of streaming movies which delights us, as we&#8217;re not big movie-watchers. And we haven&#8217;t taken advantage of the Kindle e-book borrowing services which Amazon recently unleashed. Yes, both of those services are fine and dandy. But for us, it&#8217;s all about the unlimited two-day shipping.<\/p>\n<p>Put simply: Short of groceries and clothing, there&#8217;s very little that I can&#8217;t find a better-than-anywhere-else price on when it&#8217;s on Amazon. And as long as it&#8217;s something we don&#8217;t need <b>right now<\/b>, you can bet Amazon will get our money. <\/p>\n<h3>But But But Local and B&#038;M Businesses Are Suffering!<\/h3>\n<p>Does my buying of <a href=\"https:\/\/www.mdmproofing.com\/iym\/weblog\/2012\/01\/first-computer-build\/\">PC components<\/a>, Elixir electric-guitar strings, and damn near all books on Amazon mean that my local, bricks-and-mortar retailers lose business and\/or &#8220;suffer?&#8221;<\/p>\n<p>Absolutely it does.<\/p>\n<p>Do I really care?<\/p>\n<p>Most of the time, no. <\/p>\n<p>The way I see it, the local and bricks\/mortar retailers <b>could&#8217;ve<\/b> targeted the internet shopper the way Amazon did, back in the day. But they elected not to do so. Amazon did what it did, and bricks\/mortar did what it did. One team won, and one team lost.<\/p>\n<p>Take, for instance, Best Buy. Lisa and I used to really enjoy visiting Best Buy. And we bought a fair amount of stuff from them over the years. But these days, it&#8217;s my opinion that Best Buy is nothing more than Amazon&#8217;s showroom, and a sparse, poorly-employed one at that. <a href=\"http:\/\/finance.yahoo.com\/news\/best-buy-shutter-50-big-120457157.html\" target=\"_blank\">Something<\/a> tells me that I&#8217;m not alone in this view.<\/p>\n<p>Could I get strings and such for my Gibson Les Paul at a local music store? Sure I could. Would I pay roughly 40 percent more for them if I did this, rather than buy through Amazon? Yes. Yes I would. If I needed new strings <b>right the heck now<\/b>, then spending locally is what I&#8217;d do. Otherwise, no. Amazon gets our cash. And we get our stuff in a couple of days, tops.<\/p>\n<h3>Amazon Prime: Our Selling Points<\/h3>\n<p>Amazon Prime, how I love thee? Let me count the ways. Amazon Prime &#8230;<\/p>\n<ol>\n<li>Saves us gas money, as we don&#8217;t make special trips to buy this stuff. Nor do we have to drive around OKC or Dallas trying to find a retailer who has what we want in stock.<\/li>\n<li>Saves time, for same reasons as above.<\/li>\n<li>Saves headaches, as we don&#8217;t have to wait in line to buy what we need. (As a grumpy parent, I now officially hate standing in line to spend money.)<\/li>\n<li>Means no more worrying about holding small-dollar purchases in Amazon&#8217;s cart to eventually qualify for Super Saver shipping. If I want to order a $14 cable on Monday and have it Wednesday, with no extra shipping fees, Amazon Prime makes it happen.<\/li>\n<li>Means quicker access to Amazon&#8217;s vast product selection. And their buying\/checkout\/account-monitoring processes were already the best I&#8217;ve ever seen.<\/li>\n<li>Is only helped by Amazon&#8217;s great customer service, which, the few times I&#8217;ve needed it, has been stellar. This, plus Prime benefits, means I have no problem giving them even more of our business.<\/li>\n<li>Allows us to get next-day shipping for an additional $4 or $5 per item, when necessary. (Which isn&#8217;t often.)<\/li>\n<\/ol>\n<p>I could probably come up with a few more positives, but I think these pretty much cover it. As mentioned earlier, the moderate selection of free Amazon Instant Videos available to Prime members isn&#8217;t a big deal to us; rather, it&#8217;s just icing on the cake. (Though, I&#8217;ll admit, it <b>is<\/b> more appealing now that Amazon Instant Video is available to PS3 owners, which we are.)<\/p>\n<p>Anybody out there still &#8220;on the fence&#8221; with Amazon Prime?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m not much of a stock-watcher these days, but I&#8217;ve seen a great deal of chatter on the internet regarding Amazon&#8217;s latest quarterly report. Their stock (ticker: AMZN) blew out the roof upon announcement of Amazon&#8217;s apparently-fabulous earnings, and rose about 15 percent on Friday. Yay for AMZN longs, I guess, and &#8220;ouch&#8221; for AMZN [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,48,49],"tags":[],"class_list":["post-2674","post","type-post","status-publish","format-standard","hentry","category-books","category-deals","category-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amazon Prime, I Heart You<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mdmproofing.com\/iym\/weblog\/2012\/04\/amazon-prime-i-heart-you\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Prime, I Heart You\" \/>\n<meta property=\"og:description\" content=\"I&#8217;m not much of a stock-watcher these days, but I&#8217;ve seen a great deal of chatter on the internet regarding Amazon&#8217;s latest quarterly report. Their stock (ticker: AMZN) blew out the roof upon announcement of Amazon&#8217;s apparently-fabulous earnings, and rose about 15 percent on Friday. Yay for AMZN longs, I guess, and &#8220;ouch&#8221; for AMZN [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mdmproofing.com\/iym\/weblog\/2012\/04\/amazon-prime-i-heart-you\/\" \/>\n<meta property=\"og:site_name\" content=\"Money Musings\" \/>\n<meta property=\"article:published_time\" content=\"2012-04-30T13:17:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2012-04-30T13:37:31+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.assoc-amazon.com\/e\/ir?t=itsyourmone-20&l=ur2&o=1\" \/>\n<meta name=\"author\" content=\"Michael\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" 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