2024 Amazon Europe fee changes

Mondo Technology Updated on 2024-01-31

According to the latest data, next year, Amazon Europe will implement a series of fee change plans, and the platform will expand the benefits of the Amazon Europe Logistics New Product Warehousing Discount Program, providing an average of 10% sales commission rebate for sales of Amazon logistics ASINs that meet the requirements, and other brands' products can also enjoy this benefit. In addition, the platform will also expand the scope of eligibility for large-scale products to participate in this program, and will also provide product-related benefits for eligible sellers.

2024 Amazon Europe fee changes

The changes to the specific fees** or the increase in the scope of the Amazon Europe are as follows:

Storage fees are updated annually. Fees such as storage utilization surcharges, product prep, and inbound defect service fees will apply**, and storage fees will be updated for some products depending on the size.

FBA fulfillment fee adjustments. Amazon's UK, Netherlands, Sweden, Poland, and Belgium locations will adjust domestic FBA fulfillment fees.

A return processing fee for items with a high return rate. In order to reduce the cost of return processing and reduce waste, the return processing fee will be increased for some products with a high return rate, such as apparel and footwear products that have a return processing fee, and the existing processing fee will be kept unchanged.

Excess inventory-related fees. Add item removal fees, disposal fees, inventory overstock fees, order fees returned to sellers, and more.

In addition to the above four new fees, the Amazon platform said that it will invest billions of dollars to improve delivery services in technology, transportation and infrastructure, place products in warehouses closer to customers, and enhance Amazon's same-day and next-day delivery speeds. Amazon said that it will use low cost to achieve more efficient delivery services, cooperate with sellers to create higher sales, and provide more valuable services for sellers.

When operating an Amazon store in 2024, sellers should pay attention to the above change fees to ensure that there are sufficient funds in the account balance for the platform to deduct fees. If you want to withdraw the store's income in the future, you can choose the following methods to settle the foreign exchange to the domestic bank card, such as windpayer (handling fee 0.).3% cap), Amazon official (handling fee 0.9%), Payonee (fee 12%), etc., the third-party platform is more convenient and fast, and the withdrawal time is about 2-6 working days.

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