Amazon stands as the preeminent e-commerce platform, accounting for over 40% of global online sales. It’s no surprise that small to medium-sized enterprises (SMEs) contribute nearly 60% of the platform’s total sales, making Amazon an attractive destination for businesses looking to expand their reach. However, what are the costs associated with selling on Amazon?
Determining the exact cost of selling on Amazon is a complex task. Seller fees can vary greatly based on the item’s price, category, weight, shipping methods, seller plan, and order fulfillment process.
While an exact figure is elusive, this guide (and its accompanying table) provides an overview of the various Amazon seller fees. Continue reading to begin estimating your Amazon selling costs!
For those eager to embark on selling on Amazon, WebFX offers comprehensive Amazon Store and marketplace launch services. Our services streamline the process of setting up your account, listing your products, and optimizing them for sales. Learn more by reaching out to us online or calling at 888-601-5359!
Amazon seller fees are influenced by over a dozen factors, including the seller’s account type. Individual sellers pay a flat fee of $0.99 per item sold, whereas Professional sellers incur a monthly fee of $39.99. Both types of accounts are subject to a variable closing fee of $1.80 per media item and a referral fee ranging from 6% to 96% for each sale.
Additional fees are tied to the seller’s order fulfillment and shipping preferences.
This table provides a comprehensive list of all potential Amazon seller fees. Explore it to gain a clear understanding of the costs involved.
Should you have questions about these Amazon selling fees, continue reading for a detailed breakdown.
Key Amazon seller fees include:
– **Selling Plan Subscription**: Offering two plans, the Individual Selling Plan is free but requires a $0.99 fee per item sold, while the Professional Selling Plan costs $39.99 monthly and provides more features.
– **Selling Services Fees**: Available for home service businesses, this program charges 20% or 15% of service fees, depending on the type of service.
– **Per-item Fees**: Individual Selling Plan users pay $0.99 per item, waived for Professional Selling Plan members.
– **Referral Fees**: Based on a percentage of the sale and a minimum fee, these vary by product category.
– **Rental Book Service Fees**: A $5.00 fee per textbook rental.
– **High-volume Listing Fees**: Applied to ASINs that meet certain criteria, this fee is $0.005 per ASIN monthly.
– **Refund Administration Fees**: For sellers who issue refunds after payment, Amazon deducts a fee from the referral fee.
– **Variable Closing Fees**: Charged for media category sales, at a rate of $1.80 per item.
– **Shipping Fees**: Vary based on the selling plan, product weight, and destination.
– **Fulfillment by Amazon (FBA) Fees**: Include inventory storage, fulfillment, and per-unit rates.
– **FBA Small and Light Fees**: Designed for lightweight items, these fees cover order handling, picking and packing, weight handling, and long-term storage.
– **Multi-Channel Fulfillment (MCF) Fees**: Offered for sellers with inventory across multiple channels, costs are based on unit order, weight, and shipping speed.
Amazon presents a significant opportunity for businesses, from established brands to burgeoning SMEs. Starting on Amazon.com requires understanding product listings, pricing strategies, competition, and minimizing seller fees. WebFX can assist in making the process smooth and profitable, with a team of over 500 experts who have helped clients achieve over $10 billion in revenue and manage over nine million transactions. Contact us online or call 888-601-5359 to explore our Amazon services!
