Amazon Raises Seller Fees In Apparel And Accessories
Amazon will soon raise fees for third-party sellers of apparel, accessories, handbags and sunglasses and reduce them for sellers of jewelry, according to digital marketing agency CPC Strategy and Business Insider, which cited research from Instinet. Amazon didn’t immediately return Retail Dive’s request for confirmation or comment. Effective April 15, on goods selling at $75 or higher, fees for sellers in the clothing and accessories category will rise from 15% to 17% and in the handbags and sunglasses category from 15% to 18%. The 15% rate will remain for items under $75, according to the CPC Strategy report. For a limited time, the referral fee will be reduced for jewelry with sellers paying 20% up to $250, plus 5% for any portion greater than $250 with a minimum fee of $2.00 per item, according to CPC Strategy. That new pricing schedule will be in effect Feb. 22 for one year, according to that report. Read more at Retail Dive.