Get All Access for $5/mo

How Much Did You Spend on Amazon Prime Last Year? Prime members spend an average of $1,300 per year on Amazon; non-Prime members spend $700.

By Angela Moscaritolo

This story originally appeared on PCMag

Amazon via PC Mag

At the risk of stating the obvious, it turns out that Amazon Prime members spend a lot more money on Amazon than those without a Prime account.

Anyone who's a Prime member might have been able to tell you that anecdotally, but analysis of Amazon buyer shopping patterns for the first quarter of 2017 reveals that Prime members spend an average of $1,300 per year on Amazon. Non-Prime members spend an average of $700.

The analysis from Consumer Intelligence Research Partners, released Tuesday, also indicates that 80 million people in the U.S. have a Prime membership, up from 58 million a year ago. That represents a 38 percent increase in Prime members in one year, the company said.

"Looking back, Amazon Prime membership doubled in the U.S. in two years," Consumer Intelligence Research Partners co-founder Josh Lowitz said in a statement. "While slower growth is expected as it reaches natural limits, Amazon had a surprisingly strong quarter."

Meanwhile, Consumer Intelligence Research Partners also estimates that 60 percent of U.S. Amazon customers are Prime members.

Besides its most famous feature: free two-day shipping on more than 50 million eligible items, a Prime membership offers a slew of other perks like unlimited streaming from Amazon's Prime Video and Music catalogs. Members also get unlimited access to the Prime Reading library of more than 1,000 books and magazines, plus free unlimited photo storage via Prime Photos.

Those who are new to Amazon Prime can get a free 30-day trial; after that it will set you back $10.99 a month, or $99 if you want to pay for the full year upfront (which breaks down to $8.25 a month).

Angela Moscaritolo has been a PCMag reporter since January 2012. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Looking for a Remote Job? Here Are the Most In-Demand Skills to Have on Your Resume, According to Employers.

Employers are looking for interpersonal skills like teamwork as well as specific coding skills.

Business News

'It's Deceptive:' Lori Greiner and Barbara Corcoran Clash on Employees 'Quiet Vacationing'

Does it matter where you work if you are getting your work done?

Business News

Could Google Be Forced to Sell Chrome? The DOJ Is Reportedly Pushing For It.

A federal judge ruled in August that Google monopolized certain markets, including search.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Solutions

The Ultimate Hack for Employees Juggling Multiple Projects at Once: This $18 Microsoft Tool

Organize, visualize, and set deadlines for all your projects.