On the Unstoppable Entrepreneur Podcast, Robyn Johnson discusses “What You Need to Know about the Amazon Fee Changes.”
Amazon has announced that their fall standard storage rate will increase to a whopping $2.25 during October through December. This is compared to last year’s rate of $.74. So, why the big change?
To avoid potential capacity constraints during the 2016 holiday season, Amazon is…changing our FBA fee structure to encourage all sellers to send in and store products in November and December that are likely to sell by the end of 2016.
So, what can you do about it?
It’s important to plan, plan, plan. Start preparing for 4th quarter as early as possible and stock inventory with the knowledge of these heavier fees.
Determine whether or not an item is worth storing long term. Often it is better to take the hit and just cut your losses, rather than sinking money into storage for an item that isn’t selling.
Let's Discuss: How are you preparing for Amazon's 2016 fee changes? Share in the comments.