Amazon Prime
Product Case Study
Define feature:
Amazon Prime is a paid subscription service from Amazon that provides numerous benefits like fast free shipping, exclusive access to deals, Prime Video, and more.
Goal of feature:
To increase customer loyalty, increase frequency of purchases, and enhance the overall user experience on Amazon.
User journey:
User signs up for Prime -> User makes purchases / streams videos / uses other Prime benefits -> User renews Prime subscription.
Metrics:
Adoption
- Number of new Prime subscriptions.
- Number of Prime subscription renewals.
Engagement
- Frequency of purchases made by Prime users.
- Number of Prime Video streams.
- Use of other Prime benefits (e.g., Prime Reading, Prime Music).
Monetisation
- Revenue from Prime subscriptions.
- Average order value of Prime vs. non-Prime members.
Retention
- Churn rate of Prime members.
- Average duration of Prime membership.