Wednesday, April 24, 2024

Amazon India revises seller fee structures

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E-commerce major Amazon on Saturday said it is revising its seller fees on account of inflation and interest rates, as well as to match the industry-prevalent fee structures. Starting April 7, is revising its fee structure, including referral fees, closing fees, and weight handling fees besides other ancillary fee heads, for sellers on its marketplace. “These revisions take into consideration various macroeconomic factors such as inflation, interest rates, operational costs etc, and align with industry-prevalent fee patterns,” the company said. Referral fees will be reduced in categories like apparel, bedsheets, cushion covers, and dinnerware, and increased in categories like business and scientific supplies, chimneys, laptop sleeves and bags, and tires, a company statement said. Closing Fee has been increased by Rs 3 for average selling price of more than Rs 1,000. Weight handling fee has been increased by Rs 2, in line with inflationary increase in shipping costs, it said.
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