Thursday, January 25, 2018

Amazon bumps up fees for apparel sellers

Amazon has increased its third-party seller fees and apparel is now the most expensive item to sell on the site, Business Insider reported.

The company raised the fee for sellers in the Clothing and Accessories category from 15 percent of the sale to 17 percent, and the fee for handbags and sunglasses jumped from 15 percent to 18 percent for items above $75, according to Business Insider.

Amazon also altered fees for jewelry sellers, charging 20 percent on the first $250 per item, and 5 percent on the rest. The move could be a strategy to bring more higher-priced luxury jewelry to the site, per Business Insider.. . . more