Amazon Prime Day deals are here. Should you take advantage of them? [Video]

BY HALELUYA HADERO AND CORA LEWIS, Associated Press

NEW YORK (AP) — It’s summertime, and the bargains seem easy at a time when many consumer prices are high.

July sales events have become a seasonal revenue driver for the retail industry since Amazon launched its first Prime Day back in 2015. While consumers may be enticed by the advertised can’t-miss savings on some products, personal finance experts say shoppers should be careful not to fall for potentially misleading marketing or give in to impulse buys.

Amazon has drummed up expectations in recent weeks for its 10th Prime Day event, which will be held on Tuesday and Wednesday and is open only to customers who pay $14.99 per month, or $139 per year, to receive free shipping and other perks as Prime members.

Rival retailerstried in the past to capture some of the Prime Day excitement by offering their own discounts during the two-day event. This year, Walmart, Target, Kohl’s, …