Amazon 2022 Changes to FBA and Referral Fees that You Need to Know
As we enter the new year, Amazon has announced multiple changes to US FBA and referral fees. While they managed to maintain low selling fees during the pandemic, sellers will now experience a hike in rates, “In 2022, we will adjust FBA fulfillment fees to partially offset the higher permanent operating costs we face going forward.”
For FBM sellers however, there are only two referral fee changes, and fortunately both are decreases. Although this may not come as much as of a benefit to sellers fulfilling their own orders, considering shipping rates increased from many carriers.
Amazon also announced new features and programs for sellers, which they will continue to develop into the new year. This includes the new Brand Referral Bonus Program, Search Analytics Dashboard, Product Opportunity Explorer and FBA Selection Program.
All changes go into effect on January 18th 2022.
Here’s a brief overview of the changes you can expect:
Higher FBA fee
Higher monthly off-peak storage fees
Higher removal and disposal fees (no increase to liquidation fees)
Higher FBA Prep Service fees
New Tiered rate structure for long-term storage fees
Introduction of dimensional weight pricing for large standard-size products (excluding apparel)
On average, a 5.2% increase will affect these services.
Amazon’s full summary of changes can be viewed here.
Even with these increases, Amazon pricing remains competitive and is a small fee to pay for the undisputed benefit of selling on the platform, with the number of American sellers who surpassed $1 million in sales growing by nearly 15% during the pandemic.
Nearly all of our clients fell into this demographic, and continue to see steady, sustainable growth on the platform. If you want to scale your business on Amazon, we’d love to hear from you.