The massive event known as Prime Day will run for 30 hours until July 12 at 3 a.m. ET, with new deals being offered every five minutes.
You can keep track of the deals by following Amazon's Prime Day page, which currently features 8,495 upcoming deals on Monday afternoon. The deals are only available for Amazon Prime members, but people who aren't Prime members already can sign up for a membership on or before July 11 to take part in the big sales event.
Amazon's stock climbed about 1.8% higher on Monday to $996.47. The stock is up about 33% year-to-date.
While Amazon has been secretive about exactly how much it has made during the past two annual Prime Days, estimates for last year's sales event ranged as high as $2.5 billion, according to Internet Retailer.
But it's a win-win situation because Prime members are getting some amazing deals on everyday items. If you want to know when a particular item goes on sale, follow this Amazon Prime Day information link and click "watch this deal" under the item that you're interested in. To get a look at some of the more expensive items that will get a price cut for Prime Day, keep reading.
For More Amazon Prime Day Coverage:
Current price: $1,219.25
If you're good with instructions, you can order your own gazebo to set up as a cool retreat on hot days or a dry retreat on rainy days.
Current price: $1,299
This automotive scan tool includes a touchscreen user interface, as well as wireless communication abilities with the Bluetooth OBDII connector module.
Current price: $1,423
This Singer sewing machine includes 250 built-in embroidery designs and 215 built-in sewing stitches to create border designs on tablecloths, draperies or clothing pieces.
Current price: $1,499.99
On Prime Day you can grab one of KEF's high-end flagship speakers to listen to your summer tunes on one of the "most award-winning speaker products ever released by KEF."
Current price: $1,595
This Eterna watch includes hours, minutes, seconds, date, day, month and moon phase on its display. The stopwatch function measures up to 29:60 and it's water resistant up to 165 feet.
Current price: $2,499
If you want a late start on your beach body, keep your eyes on the deal for this stairclimber that features 20 different resistance levels.