Amazon (AMZN) to Increase Seller Fees During Holiday Season - CNBC

Amazon (NASDAQ: AMZN) is reportedly planning to increase seller fees during the holiday season, according to a report by CNBC on Tuesday.

With inflation soaring, Amazon is looking to pass on some of its increased costs to merchants who sell their products on the site.

CNBC said the company told sellers in an email that beginning October 15 until January 22, third-party sellers who use Fulfillment by Amazon will pay 35 cents per item sold in the US or Canada.

That fee is on top of existing charges sellers pay when using Fulfillment by Amazon services, although those costs depend on item size, weight, and category.

Amazon is said to have told sellers it is implementing the charge as “expenses are reaching new heights,” and the company finds it tougher to cover a rise in peak shopping season costs.

Amazon seller fees have already risen this year. Back in April, the company added a 5% fuel and inflation surcharge to US sellers using its fulfillment services.

By Sam Boughedda

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