Selling your products via a site as renowned as Amazon is not at all a walk in the park. Along with numerable policies a person has to follow, working with Amazon also requires one to pay them some money. There is no smidgeon of doubt that paying to Amazon in return for unimaginable profit is worth it.
With the arrival of a new year, Amazon’s fee policies and structures have undergone a few changes. It is important to note these all carefully in order to save ourselves from any possible confusion.
Alongside the buy box, FBA, and seller’s account remuneration, there are various additional charges you are required to pay to Amazon. Knowing the fees you will be paying throughout the year is indeed beneficial for your business.
So, let us get started.
Before jumping directly into the fees and their details, it is pertinent to note about the Amazon sellers’ plans. Depending upon the magnitude of business monthly done you, either a professional or an individual plan can serve your purpose. A professional plan is suitable for the sellers who are sure about themselves making more than 40 sales a month. On the contrary, an individual design is better for the beginners and sellers who don’t own a brand.
All the other fees and charges by Amazon are dependent on what plan a person chooses for himself or herself.
This is the scheduled reimbursement every retailer makes to Amazon with its amount varying with the plan. For the holders of professional selling plan, this fee is $39.99 per month. On the other hand, having an individual plan means you have saved yourself from the strain of paying this fee. Nevertheless, individual plan holders are still entitled to pay $0.99 per merchandise that is traded.
Product Category Based Fees
Merchandise type based fees are also called referral fees. Depending on each item that you sell, you are required to pay some part of the money you have made. These fees are usually product-category dependent. There are two ways in which Amazon calculate the referral fee. Either this fee is charged as some fraction of the merchandise’s worth or there is either a fixed fee per category. Amazon will always charge using the way which makes them a higher profit.
These are the fees which apply strictly to only confined items being sold. You are usually required to pay this fee when you are selling items like books, texts, software’s, etc. The amount that will be charged varies depending upon the destination and the type of services availed for shipping.
Fee of Fulfillment
This fee should be the main concern of sellers this year since the charges are being anticipated to raise soon. Fulfillment fee has a direct relationship with your product’s size and weight. Typically ranging between $2 and $10, these prices will soon be increased considerably.