Money in Your Pocket: The power of Amazon Prime

SYRACUSE, N.Y. (WSYR-TV) - Happy Amazon Prime Day.

You can get deals all day on Amazon.

What’s amazed financial adviser Rick Reagan is how big this service has gotten in just a few years.

In 7 years, there has been a big jump in subscribers.  Now the number of subscribers is on par with cable TV.  There are nearly 80 million people now with Amazon Prime.

With that trajectory, it won’t be long until the amount of Prime subscribers exceeds the number of people with cable TV in the United States.

Given what we’ve seen with Amazon stock, the growth will continue at an amazing pace.
 


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