2023-01-24 14:00:26

How Many Mega Sales Will Amazon Have in 2023?

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Nasdaq
By The Motley Fool

Image source: Getty Images

Shopping on Amazon can be both cost-effective and convenient. After all, instead of having to drive to a store and wait in a line to check out, you can load up a digital cart with purchases and wait for them to arrive at your door. And if you're a Prime member, you can enjoy free two-shipping on most orders.

Meanwhile, Amazon's competitive prices make it a popular shopping option for consumers on a budget. And you may find that you end up with lower credit card bills by making purchases on Amazon. This especially holds true if you're able to capitalize on mega-sale events.

In 2022, Amazon held a bunch of those. First there was Prime Day, a two-day event that took place in July. Then there was October Prime Day, followed by Black Friday and Cyber Monday.

The question is: Just how many mega-sales will Amazon run this year? And should you aim to take advantage of them?

Prepare for a series of deals

There's a reason Amazon likes to introduce shopping events like Prime Day -- all the hype tends to draw consumers in, thereby adding to the retail giant's revenue. Based on the success of Prime Day and October Prime Day in 2022, it's fair to assume that Amazon might hold its usual summertime Prime Day event this year and then have a follow-up sale ahead of the holiday season.

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