"Step Aside Black Friday – Meet Prime Day," the company said in a news release Monday.

The one-day shopping event is exclusively for Prime members.The savings begin at midnight, “with new deals starting as often as every 10 minutes.”

An annual $99 Prime membership gives customersunlimited Free Two-Day shipping on select items, and access to Instant Video streaming service and Prime Music.

For those who don’t have a Prime membership, Amazon is offering customers a 30-day free trial.