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Read on for what you need to know about Prime Day and how to prepare.
Note: To take advantage of Prime Day sales, you must be a member of Amazon Prime. This service is Amazon’s $139-a-year club that offers free two-day shipping on orders, as well as a litany of frills and various promotional offers. New Prime members get a free 30-day trial, which means you can sign up, get the Prime deals, and then dump the membership before the bill comes due.
What to expect
Prime Day can’t match Black Friday’s scope, but bargain hunters can still often find a few sweet deals during this mid-year event. As in previous years, Amazon devices will be a big part of the deals—the company has already teased up to 55 percent off the Echo Show, Kindle Paperwhite, Ring alarm, and more, plus steep discounts on Fire TV-enabled smart TVs. But if the past predicts the future, you can safely expect solid price cuts on streaming devices, Bluetooth headsets, fitness trackers and smartwatches, mechanical keyboards, mice, and gaming headsets. Often there’s been at least a few nice buys for laptops, desktop PCs, and Chromebooks, too.
Prime Day 2022 tips
Do your research
If you plan to strike out on your own, it pays to do your research. Like any retailer, Amazon mixes true deals with “sales” that are really just regular prices (or close to it) with a deal tag. To avoid that pitfall, look up historical prices before buying. We like Keepa.com for this—particularly price history graphs that you can adjust on-the-fly. CamelCamelCamel.com is also a good alternative, though not quite as robust. Both services offer price watching for specific items, too.
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For example, let’s say you see a deal on the Elgato Stream Deck. You’d type “Elgato Stream Deck” into Keepa, and find the historic pricing of that product (pictured above).
Keepa says the best pricing on this macro board was $97 in January 2020, and that the highest was $190 about a year and a half ago. In the last three months, it’s hovered between $120 to $130. With that information, you have the tools to decide whether this streaming accessory is worth the current sale price.
If the sale price were $100, for example, that would be a good deal—you’d be getting close to the lowest price ever. A $110 price tag would also still be a pretty good deal, since it’s cheaper than recent prices, which were already in a low range. The graph also shows that deals in the last year have been standard discounts, rather than anything special like a limited-time lightning deal.
Plan ahead for Lightning Deals
Historical price tracking is smart prep work as a usual habit, but it’s even more vital when you’re eyeing those all-important Lightning Deals. They’re the best opportunities for bone-deep Prime Day discounts. Accordingly, the more popular ones sell out fast—like hot-concert-tickets fast.
With little time to buy, forget about historical price-checking in the moment. One thing you can do is look ahead, as Amazon often teases its lightning deals in advance. If you visit the Prime Day webpage, for example, you may see a carousel of Lightning Deals. Keep scrolling through those deals, and you’ll soon hit products that are on deck but haven’t yet started as deals.
If you find something in those upcoming Lightning Deals you’d like to buy, that’s the time to do historical price-checking. Then when the product goes on sale, you’ll know right away if Amazon’s limited-time price is worth it.
Get alerts for specific Lightning Deals
Speaking of which, you don’t have to wait around or keep an eye on the clock to know when your deals are going live. The Amazon app for Android and iOS lets you build a deals watch list and then get notifications when your deals are active.
Once you’ve installed the Amazon app and signed in, go to Settings > Notifications > Your Watched & Waitlisted Deals. Activate the slider in that section. You can now add an upcoming item to your watch list—go to the deals page in the app, find the upcoming deals you’re interested in, and tap Watch this deal.
If it’s too good to be true, it might be a knockoff
Remember that it’s not only Amazon that offers sales on Amazon on Prime Day. Third-party Amazon marketplace sellers are also eligible to sell items at low prices. Many of these sellers are great, but sometimes there are less-than-honest brokers pushing fake or low-quality products, as The Guardian reported in April 2018.
Before you buy—even with Lightning Deals—take a second to check that the seller and the product appear legitimate. We advise consumers to only buy products that come from, or are fulfilled by, Amazon. That won’t protect you from counterfeits, but if anything goes wrong, you’re 100-percent covered by Amazon’s excellent customer service. With independent third-party marketplace sellers, you have to deal with them directly and can appeal to Amazon only if that effort fails.
Look beyond Amazon
Check out the rest of the internet on Prime Day. With Amazon building so much hype, other retailers offer their own sales to compete. It’s a long shot to find the exact same deals elsewhere, but it’s always worth checking online shops like Walmart, Newegg, Staples, and Best Buy for a close match.
Amazon’s a great place to find deals, but not every deal is what it seems. With a little preparation and a good dose of research you can find the truly great deals on Prime Day.