Amazon’s Changing Fees: What You Need to Know for 2024/25
Manage episode 446460993 series 3603652
In this episode, Zamir and Ali break down the key changes to Amazon’s fees in 2024 and discuss how these new policies will impact sellers. From increased fees for inventory management to Amazon’s VAT regulations, they explore the challenges and opportunities for businesses navigating these changes.
The duo tackles whether Amazon’s fee increases are penalising disorganised sellers or rewarding the well-prepared. They dive into controversial topics like the impact of performance fees, stock levels, VAT adjustments, and the crucial importance of getting stock in early for the holiday season. If you’re selling on Amazon, understanding these changes could be the difference between growth and losing out on significant revenue.
Key Takeaways:
- Amazon is raising fees, particularly penalising sellers with poor inventory management. Well-organised sellers can benefit.
- Having 30+ days of stock is key to avoiding extra fees and maximising Amazon’s fulfilment efficiency.
- Get stock in by October to ensure it’s available during peak holiday periods.
- Amazon will now charge VAT on all services, impacting short-term cash flow for sellers.
- Amazon is tightening the window for requesting reimbursement for overcharges—make sure to act before October.
Quote of the Episode:
“Amazon’s making it harder, but it just means you need to be more professional. If you manage your stock well, you’ll come out ahead.” — Zamir
9 episodes