In fact, the fees on Amazon can be roughly divided into four parts: company registration fees, monthly fees, FBA fees or FBM fees, and commission fees for each order. Let’s take a look at what fees we need to pay.
1. Company registration fees:
But if you want to use a company to register, then you need to register a company first. The fee here mainly refers to the fee for registering the company.
If you register the company yourself, it is actually basically free, but if you want to hire an accounting firm to do the accounting, it may cost around 150-200 per month.
2. Monthly Fees
There is no need to pay a store deposit to register an Amazon account, but platform fees will be charged. Personal accounts are charged per item, 0.99 cents/item, and no fees are required if there is no sales. Professional accounts are $39.99/month in North America, equivalent to RMB 283, and 25 pounds/month in Europe, equivalent to RMB 217.
Because the exchange rate is updated every day, but it is basically the same, generally speaking it is about two to three hundred yuan.
3. FBA related fees
FBA is Amazon's warehousing and logistics, similar to our domestic JD.com. Sellers are required to ship goods to Amazon's logistics warehouse in advance. After customers place an order in your store, the Amazon logistics warehouse will directly deliver the goods to the customers on your behalf. If it is not practical, there is no charge. Only when FBA is used will charges be incurred.
Advantages: short logistics cycle, short payment cycle, customers may receive the goods quickly
Disadvantages: If your product sales are not good, it may be held in warehouses. During this period, even if you cannot sell the product, you still need to pay a certain fee to the Amazon logistics warehouse, which puts a lot of financial pressure on you.
FBM related fees:
FBM means fulfillment by yourself. After a customer places an order in your store, you buy the same product and send it to our domestic international logistics transit warehouse. The staff there will connect the product package and conduct quality inspection. If there is no problem, you can re-pack it and send it to foreigners.
Advantages: There is no stockpiling and inventory pressure. Customers can purchase after placing an order, avoiding inventory crisis.
Disadvantages: Long logistics cycle, long payment cycle
3. Commission fee for each order
For each sale, a certain commission must be paid to Amazon. The commission for each order varies greatly depending on the category. After each order sells the product, Amazon will charge a commission ranging from 8% to 15%.
4. The first batch of stocking costs, this needs to be calculated based on your own product selection.
Some people have sufficient funds and may prefer high-priced products when selecting products. This will raise the threshold to a certain level and the competition will not be so fierce.
This is the end of the knowledge about Amazon personal store fees. If you want to get more information about Amazon personal store fees, please pay attention and we will continue to answer you~
