The new fee is a huge money grab. They should remove storage fees if they’re going to have low inventory fees. Overall, my plan is to only buy products >3lbs, increase my quantity purchased, and bump up margin reqs for a purchase
FBA seller from 2015-2019. Low margins. Too many counterfeits. Too much competition from newbies that don't know their numbers and are selling below cost. Too easy to get banned or have your account frozen, even if you have done everything right. FBA customer service sucks. Sellers get blamed for shipping mistakes, crushed boxes, etc. Amazon's accounting is not transparent - on purpose. "Your margin is my opportunity" - Jeff Bezos.
We hear ya. There are a multitude of challenges for Amazon sellers...and the cost to sell on Amazon these days is steep - with fees continuing to pile up, like the LIL fee.
Thanks for watching! Which Amazon fee do you think is the most outrageous? Let me know in the comments below 👀
This is a great break down!
Thanks for watching!
The new fee is a huge money grab. They should remove storage fees if they’re going to have low inventory fees.
Overall, my plan is to only buy products >3lbs, increase my quantity purchased, and bump up margin reqs for a purchase
I totally agree!
“hullabaloo” 😂
:)
FBA seller from 2015-2019. Low margins. Too many counterfeits. Too much competition from newbies that don't know their numbers and are selling below cost. Too easy to get banned or have your account frozen, even if you have done everything right. FBA customer service sucks. Sellers get blamed for shipping mistakes, crushed boxes, etc. Amazon's accounting is not transparent - on purpose. "Your margin is my opportunity" - Jeff Bezos.
We hear ya. There are a multitude of challenges for Amazon sellers...and the cost to sell on Amazon these days is steep - with fees continuing to pile up, like the LIL fee.