It’s not inexpensive to sell on Amazon once you include in all the associated costs. However, the advantages of trading on the marketplace, particularly access to approximately 310 active clients globally typically surpass the costs involved. Let’s look at what you might expect to pay in 2022 for Amazon seller fees if you want to sell on their famous marketplace.
- Expenses related to sales
- Prices for the seller account
- Shipping costs
- Amazon FBA fees
Sellers pay transaction fees ranging from 6% to 45% of the final sale price of their products, with the median cost being around 15%. The monthly account fees range from $0 to $39.99.
Below, we’ll explain the various Amazon seller fees and show you how to calculate your expected outlay for selling a given number of products on the site.
- Fees for monthly subscriptions
The first fee you’ll pay as an Amazon seller will be when you sign up for a seller account.
What percentage does Amazon take from sellers? The monthly fee for an Amazon Professional seller account is $39.99.
- Fees related to a sale
When selling things on Amazon, you may be subject to paying one of three seller fees: referral fees, minimum referral costs, and closing fees. We’ll show you where to look, though.
- Referral Fees
Please consider this fee the commission you pay Amazon every time you sell something on their marketplace. The percentage of the sale that goes to the referrer is usually a set rate (about 15% or a bit less), though this may vary by product type.
- Adequate Referral Compensation
To spice things up, the minimum relevant referral fee for most categories is $0.30, so if the referral fee % is lower than that, you’ll still have to pay $0.30.
There are several categories where there is no minimum referral fee, including those for books, collectible books, entertainment collectibles, fine art, gift cards, grocery and gourmet food, music, and extended warranties, protection plans, and service contracts.
- Costs of closing
Amazon charges the price of items sold in its media categories. This fee is called the Closing Fee, a flat $1.80 charge added to the Referral Fees for articles in any media category, such as books, DVDs, CDs, music, software, computer, video games, and video game consoles.
- Fees for an Amazon Seller Account
There are two kinds of seller accounts on Amazon. The fees and features of each type are designed to meet the needs of people who sell in small quantities and businesses that trade in large amounts.
- Personal Seller Accounts
Amazon Individual Seller accounts are deliberate for irregular and low-volume sellers. They are easy to set up and have no monthly fees, but they have more restrictions than Professional Seller accounts.
- Accounts for Professional Sellers
Amazon Professional Seller accounts are made for businesses and come with many features for selling in bulk for a monthly fee of $39.99.
Some final thoughts
It’s essential to know the costs and fees of selling an item on Amazon if you want to set the right price for your stock. If you’re going to stay competitive on Amazon 24 hours a day, seven days a week, and win a share of the Buy Box, you might want to let the Amazon repricing tool handle your pricing strategy.