Amazon raises holiday seller fees to handle soaring inflation

In its latest effort to deal with soaring inflation, Amazon is plans to increase enforcement fees during the holiday season, passing on some of its increased costs to the millions of merchants who rely on the site to sell their wares. From a report: Starting Oct. 15 and continuing through Jan. 14, third-party sellers who use Fulfillment by Amazon, or FBA, will have to pay 35 cents per item sold in the United States or Canada, the company said in an email Tuesday. sellers. For merchants using FBA, Amazon handles the process of picking, packing, and shipping items. Vacation fees are in addition to existing fees that sellers pay for using FBA services. These costs vary depending on the size, category and weight of an item.

Amazon said it was implementing a holiday surcharge for the first time as “expenses hit new heights,” making it harder for the company to absorb the costs associated with the peak shopping season. “Our business partners are extremely important to us, and this is not a decision we made lightly,” Amazon said in the email. Amazon’s third-party marketplace has become the centerpiece of its dominant e-commerce business, as it now accounts for more than half of online retail sales. Due to Amazon’s global reach and massive customer base, many retailers rely on the company for the majority, and in some cases all, of their business.

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