Amazon’s (NASDAQ:AMZN) big annual sale, Prime Day will return on July 12 and 13, the company announced on Thursday.
The event is also a big revenue driver for other retail sites, which often offer competing discounts to consumers. Last year, total e-commerce sales during the two-day shopping event topped $11 billion, according to Adobe Analytics. That figure was even slightly higher than Cyber Monday totals in 2020, though that represents a 24-hour period rather than a 48-hour one.
Amazon’s sale starts at 3 a.m. Eastern Time on July 12 and runs for 48 hours in several countries, including Poland and Sweden for the first time. It will host the event for other countries like India, Saudi Arabia and the United Arab Emirates, later in the summer.
Amazon said more third-party sellers will participate this year. Some sellers told CNBC last year they saw the event as an opportunity to raise brand awareness even if they didn’t cut prices, sometimes due to already high consumer spending or supply chain issues. Amazon’s announcement of Prime Day results in 2021 was relatively muted in tone compared to previous years.
Prime members will have access to early deals beginning on June 21, including up to 55% on some Amazon devices like the second-generation Echo Show 5, Kindle Paperwhite and eero mesh WiFi routers.
Members can also save 20% on some items at Amazon Fresh stores in the U.S. beginning on June 29.
AMZN shares fell $3.17, or 2.9%, to $104.50.
