Saturday, April 20, 2024

Maximizing Your Sales Potential with Amazon Seller Fees

Learn about the three main fees when selling on Amazon FBA: referral fee, pick and pack fee, and storage fee. Calculate these fees accurately to maximize profits while selling on Amazon. Lower your referral fee from 15% to 5% by using the brand referral bonus program. Use FBA for fulfilling orders as it’s recommended over seller fulfilled (FBM). Storage fees depend on cubic footage of inventory in their warehouse with higher rates during Q4 months; long-term storage fees apply after 365 days of unsold inventory in their warehouse.

Amazon FBA Fees Explained

Video by@TravisMarziani

  1. There are three main fees when selling on Amazon FBA: referral fee, pick and pack fee, and storage fee.
  2. The referral fee is a flat percentage based on the price of your product.
  3. The pick and pack fee depends on the size and weight of your product.
  4. There are also four smaller fees that can add up.
  5. It’s important to calculate these fees to be prepared for selling on Amazon.
  6. Using the individual selling plan is free but has a per-item fee; using the professional plan costs $39.99/month but allows unlimited products with no per-item fee.
  7. The referral fee can be lowered from 15% to 5% by using the brand referral bonus program.
  8. FBA (fulfilled by Amazon) means sending inventory into their warehouse for them to fulfill orders; it’s recommended over seller fulfilled (FBM).
  9. Storage fees depend on cubic footage of inventory in their warehouse, with higher rates during Q4 months; long-term storage fees apply after 365 days of unsold inventory in their warehouse.
  10. Calculating these fees accurately is crucial for budgeting and maximizing profits while selling on Amazon FBA.

Note: This summary includes some additional information not explicitly stated in the original text for clarity purposes only

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