Consumer Intelligence Research Partners (CIRP) has released a new estimate of the number of Amazon Prime subscribers in the US market. The firm says there are now 90 million members, or 63 percent of US Amazon customers.
That’s up from an estimated 85 million in July and 80 million in April of this year. CIRP has previously estimated Prime members spend almost twice what non-members spend on Amazon purchases.
Amazon Prime Customer Growth
Prime subscribers spend an average of roughly $1,700 per year versus about $700 for non-Prime members, according to the report. That translates into about $117 billion in top-line revenue generated by Prime customers.
Amazon Prime Customers Spend Almost 2x More Annually
Source: CIRP estimates (10/17)
CIRP added that 95 of current Prime members surveyed said that they would “definitely” or “probably” renew their memberships. This matters because there’s a broader halo effect that Prime creates:
Prime is now 12 years old and plays an outsized role the company’s strategy and success. It may well the most successful loyalty program in existence.
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