Amazon’s FBA fees are set to double by 2022. These fees will increase from $0.11 to $0.14 per unit and will affect certain categories. In addition, the fees will affect the sale of lithium batteries. These batteries will be subject to higher dimensional weight, so they will have higher charges for fulfilment. Other changes include an increase in fees for dangerous goods and oversized apparel. If you are a seller of a certain category, you can find your spending by using the platform’s decision filters.
Costs
Amazon has recently increased the costs of FBA fulfillment fees and will likely continue to do so. The fees will go up an average of 8%, and will apply to all categories. However, the largest increases will be in the oversize tier categories. These changes can make the business more difficult for some sellers and cause them to see a decline in sales. Thankfully, there are some measures that sellers can take to offset the increased costs.
One of the first things to consider is the amount that Amazon will charge to store inventory. Currently, there are two types of storage fees, one for Long-Term Inventory Storage (LTSF), and one for Short-Term Inventory Storage (SLI). Both will require separate fees. The current IPI threshold for these fees is 400.
Preparation
With the increase of Amazon FBA Fees in 2022, the time has come to get prepared for the upcoming changes. The increase is expected to hit 2% to 12%. This change is expected to affect various services offered by the company. Therefore, sellers must carefully calculate the risks and eliminate uncertainties. This will help them to have the right strategy for Amazon business in 2022. To do this, they should hire the services of Amazon experts who can help them in winning the buy box and analyzing reports.
The new fees are likely to affect profit margins. This change will mainly affect businesses selling larger, heavier items. However, it can also affect businesses with lower profit margins. However, sellers can take steps to mitigate the effects of the fee increase.
Refunds
If you have purchased something on Amazon and you were unable to receive it, you may be eligible to receive a refund. Amazon is huge, and mistakes are common. Even a small error can cost you thousands of dollars. Therefore, you are entitled to get your money back, and there are several ways to accomplish this.
First, you can use a service to help you with your refund request. Some of these services charge a commission, while others only require payment when you receive a refund. One popular tool is Refunds Manager, which has been in operation since 2012. It finds refund cases and submits them manually. The downside is that it is somewhat hands-off for sellers, so they do not have much control over the process.