Amazon has recently launched a new service that offers over a thousand free e-books. This is exclusively for the company's Prime members. Among the Kindle titles available for free are "The Hobbit," "Harry Potter and the Sorcerer's Stone," "The Man In The High Castle," "The Millionaire Next Door, Half Way Home" and "When I'm Gone."
These are only some of the books, magazines, short works, comic books and children books that can be read with no additional cost.
Amazon's Prime Reading
The e-books are available through Kindle apps both on iOS and Android. Amazon's Kindle devices are not required in reading them. The free e-books are only accessible to Prime members. They are also given free two-day shipping, online video and music and file storage space.
According to the Business Insider, the Prime membership program costs $99 a year. Amazon's Prime Reading can be their strategy to convince non-Prime members to actually sign up. The company would also add such perks to satisfy their loyal members.
Benefit For Amazon's Prime Members
It had been discovered that non-Prime members spend a lot less than the Prime members. The Business Insider reports that the Morgan Stanley charts display such data.
Apparently, over $1,000 a year has been spent by about 40 percent of Amazon's Prime members. Only 8 percent of non-Prime members spend that much. The Prime members are also paying 4.6 times more money.
Amazon's Other Prime Services
According to CNET, Amazon will still have the Kindle Owner's Lending Library. Though this particular service is only available on the company's Kindle and Fire devices. Prime members are now able to borrow from a much wider selection. But it's only limited to one e-book a month.
Another new service for Prime members is Twitch Prime. The recently created service allows members to video stream live video-game sessions, talk shows and other broadcasts without the annoying ads in Twitch.