
Article content
Amazon.com Inc. announced Tuesday that it would be extending its annual Prime Day extravaganza to four days instead of two, and is offering patriotic and frugal Canadian consumers additional reasons to buy from the e-commerce retailer.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Prime Day, when merchants on the platform offer discounts to Amazon Prime members, runs from July 8 to 11 this year.
Article content
Article content
Canadian retired pro wrestler Bret Hart and YouTuber and TV host Lilly Singh are hosting a four-week sweepstakes from June 17 to July 11, offering Prime members the opportunity to earn prizes such as sports tickets, cruises and tech products.
Article content
Article content
And starting June 18, Air Canada will offer Prime and Aeroplan members prizes, and extra Aeroplan points when purchasing through the Aeroplan eStore during Prime Day.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
“This is massive,” said Toronto-based retail analyst Bruce Winder. “They’ve really thrown everything they have but the kitchen sink to try to grab sales from a very frugal consumer.”
Article content
This is likely a move to lure price-conscious shoppers amid inflation and trade war uncertainty, Winder said, noting that other retailers have been trying to offer more value to consumers this year as well.
Article content
On Monday, Walmart Canada announced it had lowered prices on hundreds of staple items. Loblaw Companies Ltd. has also lowered prices at its No Frills stores and continued with its Hit of the Month program (launched last year), which offers discounts on a few items each month, Winder said.
Article content
Jamil Ghani, vice-president of worldwide Amazon Prime, told Canoe that Amazon was “actively monitoring developments in the global trade environment” while looking to offer value to Prime members in Canada.
Article content
Amazon noted in its Prime Day announcement that it encouraged shoppers to support Canadian brands on small businesses as well, highlighting deals through its online Canada Showcase storefront.
Article content
Article content
“That’s definitely a shift we’re seeing in retail land right now, where Canadians are buying more Canadian-made or Canadian-produced items, and a lot of retailers (are taking note of that),” Winder said.
Article content
Article content
Prime Day sales events have always done well, but have especially flourished in the past few years as consumers have become more “tuned in to value,” Winder said.
Article content
In 2024, Amazon reported that its two-day shopping event resulted in record sales and more items sold than in previous years. American shoppers spent US$14.2 billion, 11 per more than they did last year, according to Adobe Analytics.
Article content
Winder forecasted that this year’s sales will exceed last year’s Prime Day event, both because the length of the sale has doubled, and because Canadians who have been waiting for deals will likely pounce on Prime Day discounts for items they need.
Article content
“Canadians aren’t spending as much at regular prices, they’re waiting for these mega deals,” he said.
Article content
The latest data from Statistics Canada indicate retail sales climbed 0.8 per cent to $69.8 billion in March, but retail e-commerce declined 2.1 per cent to $4.2 billion.