Amazon Prime Day 2023: How to Maximize Your Savings Wisely

Editorial Note:

Updated: January 15, 2023

The dates for Amazon Prime Day 2023 have been set for July 11 and 12. The Amazon Prime Day is a massive sale featuring discounts on a broader range of items that only take place on Amazon. Making proper use of Prime Day’s great offers and deals enables shoppers to save some greens. However, not everyone knows how to make the most out of Amazon Prime Day 2023. Follow on to get acquainted with the tricks, tips, and best-kept secrets concerning this special day.

Formulate a Budget and Create Your Shopping List 

Formulating a budget comes first when preparing for Prime Day. However, you cannot underestimate its importance. For instance, consider how many times in the past when you bought a product you did not intend to purchase because you couldn’t resist the temptation.

You can avoid repeating history by formulating your budget and coming up with a list of items you look forward to purchasing. These are incredible tips that will keep you in check whenever that can’t-leave-that feeling begins to creep in.

Watch Out for the Early Prime Day Worm (Deals)

It is essential to know that even though Amazon Prime Day 2023 is just days ahead, the big online market is already sending early rain; Amazon offers fantastic deals, especially in-house items. 

You will see the promotions in the banner positioned at the top of Amazon’s home screen. Therefore, to catch the early worm, you need to keep scrolling through as the day draws nearer. You might be surprised to see something on the list you created.

Set-Up and Customize Your Amazon Notifications

It is an excellent practice to scroll and wait for the products on your list to pop up. But it can be tiresome, so there’s a way you can go about it; signing up for Amazon notifications. You can customize them so that Amazon will inform you when the product you want shows up. 

Once you receive the notification, add them to your cart and proceed. Here’s how you sign up for the notifications using the Amazon App;

  • Open the App.
  • Click on the three stacked lines icon.
  • Hit “settings.”
  • Click on “Notifications.”
  • Enable “Your watched and wishlist deals” notifications.
  • Add the items on your list to your Amazon wishlist.

You can also receive Amazon notifications through your browser. You only need to download the Amazon Assistant extension. Then you can enable the notifications under “settings.”

Make Use of the Promotions

Getting a coupon so that you can slash some more dollars off the discounted products is far better than getting a discount only.

Fortunately for you, Amazon is currently dishing out such promotions. For instance, for spending $10 on small businesses up to June 20, you stand a chance to earn yourself a $10 Prime Day Credit.

This tip offers you the chance to save your cash while you also get to promote small businesses. But, of course, it works even better if you had plans to use your money anyway.

Do Your Prime Day Shopping with or without Membership

The fantastic deals on Amazon are only for Amazon Prime subscribers. That means that your chances of being part of the party are very slim if you are not part of amazon prime membership.

However, since you are only interested in this single day, many tickets will let you into the party. The ways are accessible in some instances, while some will cost you relatively. These include;

  • Signing up for a free 30-day free trial. Once you get the chance to shop on Prime Day, you can cancel the membership. That is often effective when you are new on amazon.
  • A family member who happens to be an Amazon Prime member can also add you to Amazon Household. That gives you the same privilege as an amazon prime subscriber, including shopping on Prime Day.
  • You can sign up for a six-month free trial for Prime students at an average fee of $7.49 every month.
  • If you are a Medicaid card holder, you may acquire Prime membership at the cost of a $6.99 monthly fee.
  • Alternatively, you can acquire a regular Amazon Prime membership at the cost of $14.99 monthly.

In all the above options, feel free to cancel the subscriptions once Amazon Prime Day ends.

Download a Gift Card

By downloading a gift card worth $100 or more, you can save $10 on your Amazon purchases as part of the Amazon Reload program. So if during Prime Day you are planning to buy goods worth more than $100, then this could be your best chance of getting a 10% discount on your overall price.

However, to take part in this promotion, you must be a Prime member. Moreover, this has to be the first time that you reload your gift card balance.

Make the Most of Credit Cards

If you are a consistent Amazon user, you can apply for the Amazon Prime Rewards Visa Signature card. The card has no annual fee, and upon approval, you’ll receive a $200 Amazon gift card, which you may use to cover practically all of the $139 membership fee, at least in the first year, or part of your Prime Day purchase.

You can get 5% on all Amazon Wholefood purchases and 2% cash back at pharmacies, gas stations, or restaurants with the card. You also earn 1% cash back on every other purchase. However, through June 20, the card gives you 10% cash back on select products from small businesses.

Watch Out for Lightning Deals

Amazon has some fantastic deals on their ever-changing Lightning Deals package. The challenging thing with these offers is that they are on limited timing. This means that if the sales are 100% claimed or time elapses, it marks the end of the deal. Even if you add a Lightning Deal to your cart, if you don’t proceed with the purchase before the time expires, you lose out on it.

As a result, you need to be swift with these deals. Watch out for Amazon’s Lightning Deal page for amazing offers. As sales on specific products expire, they add new items, making it a cycle.

Suppose you miss out on a deal because it sold out; you can join the waitlist. You will receive a notification if the item is available again or if someone who had it on their cart failed to purchase it.

Inquire from Alexa

In previous years, Amazon occasionally offered exclusive discounts to Alexa users. Alexa is a device that allows you to inquire about Prime Day deals. In addition, it will give you an overview of some sales that Amazon features. If Amazon has the same this year, you can ask Alexa about the available deals.

Use Cash-Back Options as a Tool

With the right choice of a cash back option, you can save some amount during Amazon Prime Day. You can attain this by exploring existing cashback options before making any purchase. 

Various cashback sites partner with Amazon, and they offer outstanding deals on different products. By using the Cash Back Monitor service, you can easily find the most beneficial offers.

Analyze the Deal Price in Light of its Price History

A deal is not worth much if you don’t save much by taking it up. It is for this reason that you need to be a keen analyst of the products on sale. However, if you are familiar with particular items, you can trace their pricing history to know whether the Prime Day deal is worth your money.

The oddly named website CamelCamelCamel is an excellent analytical tool to use in such instances. All you need to do is enter the URL to an Amazon product page, and there you are. You will see how its price fluctuates over time, including whether the prices drop seasonally. You will also see the product’s best historical price.

With this information, you can wisely make your decision if you are to proceed with the purchase or not. 

Make a Price Comparison with Other Retailers

Other retailers might have offers that beat Amazon’s sale price during Amazon’s Prime Day Sales event. You should have this in mind and act appropriately. Remember that Amazon is not the price leader at all times. So, do not assume that the Prime Day deal is the ultimate savings opportunity.

While you can take time to manually go through competitor retailer’s websites to view their Prime Day prices, there’s an even more accessible alternative. By installing the PriceBlink plug-in for Chrome or Firefox, you will get automatic alerts if there’s a better price for the product you view on Amazon. To make it even better, you can pull down the Compare Prices menu to consider the specific charges on your product from other stores too.


As much as Amazon Prime Day 2021 can be a bit overwhelming, a little preparation on your end can save you much hassle. You can end up saving much more on discounted products. All you need to do is stick to your budget and refrain from indulging in unnecessary purchases.

Ekaterina Redko

I have always wanted to live a full life without stressing out about money. After finishing university, I started work and soon realized that my salary didn’t match the kind of life I wanted. I took a side hustle, hoping it would make me wealthier – it didn’t. I still had to live paycheck to paycheck. Why? I wanted to figure this out and did it.

The truth is that it is not the amount of money that makes you wealthy, but the way you manage it.  My problem was the lack of proper spending habits and discipline with money. I created a  budget and started saving. Budgeting took me a lot of time and effort, but that was worth it.

Now I understand that how much you save is way more important than how much you earn. Saving is one of the core principles of building wealth and achieving financial independence.

With Financial Freedom Guru, I’d like to share my knowledge and experience of managing money and building wealth. I hope that together we’ll manage to pave the way towards Financial Freedom.

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