Amazon is the biggest retail website, and the small business and sellers all want to join it. Amazon has made its mark over the year and now with expansion, it is trying to maintain its mark. The customer service is a priority when it comes to Amazon if the sellers are not fulfilling the promised deadlines and not delivering the products on time or have the slightest defect and the quality lacking, Amazon knows how to deal with that. It can easily get rid of the bad sellers because there are plenty of sellers who want to work with Amazon and Amazon with no shame and absolutely without being shy suspends the account.
How to start selling on Amazon?
If you are a seller who wants to work with Amazon, then it’s pretty easy. You just need to get yourself registered. Along with that you need to know the guideline you will have to follow and the cost you have to pay to Amazon for showcasing their product worldwide and shipping, selling and merchandising them. There are multiple outlets Amazon offers to its sellers and they can choose the plan according to the need or the strategy they are approaching for the products they want to sell on Amazon.
Fees for selling on Amazon
The costing on Amazon differs in every plan. The Amazon fees will depend upon the selling plan the seller chooses and how much the seller can pay, and what plan suits him more. When starting with selling on Amazon you need to think about the fact that will the fees fit in your budget. And is it worth spending that much money and will you be able to generate it back and earn more profit?
The cost also depends upon how you want to sell as a vendor or a seller. Here is the fee you will have to pay if you are starting with Amazon as a seller.
The fees you have to pay with the sale of any product depends upon what category the product belongs to but here is what it might range.
All the sellers either individual or pro pay referral fees that depend upon two things,
- The price of the selling product
- The product category it lies in
It might range from 6% to 20%, depending upon the category of product you are selling. Most sellers pay referral fees which are 15%. The minimum referral fees are 0% to 2% that too depending upon the category. Also, the variable closing fee is $1.80 which can apply to all categories of products. There are few categories on which Amazon applies minimum referral fees such as, watch and jewelry categories. Whereas Amazon adds an extra fee on the media categories which is called closing variable fees and it is flat $1.80 which is added on top of the referral fees at any item of the category that includes, CDs, DVDs, music, software, video games, and video game consoles.
Along with that, there are two types of accounts the individual one in which the seller has to pay $0.99 per product and $0 per month whereas in the pro account you have to pay $39.99 and $0 per product.