New Amazon FBA fees in 2024 Could Cost Big-Time

By giving sellers a stage through which they can consistently interface with a huge number of clients around the world, Amazon has upset the internet business area by introducing new FBA Fees structure.

In any case, late adjustments to Amazon FBA fees estimation have started causing concern among various vendors concerning their benefits. In this blog post, we can identify the pristine FBA costs that will result in 2024 and examine their potential impact on vendors’ bottom line.

1. Increased FBA Storage Fees

One of the significant modifications that will take effect in 2024 is an increase in FBA storage fees.

Amazon is implementing these costs to inspire dealers to ship their inventory extra regularly, as it costs Amazon money to store and maintain inventory for prolonged periods.

Previously:

• Standard-size product categories: $0.69 per cubic foot per item per month
• Oversize product categories: $2.40 per cubic foot per object per month

Newly applied:

• Standard-size product classes: $0.99 per cubic foot per item per month
• Oversize product classes: $3.45 per cubic foot per object per month

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2. Additional FBA Prep Service Fees

Amazon is also introducing additional FBA prep service charges to assist dealers in preparing their inventory for fulfillment.

These fees cover the cost of time and resources spent preparing objects, including removing packaging, labeling, and bagging.

Previously:

• Standard-size product classes: $0.30 per object
• Oversize product classes: $0.45 per object

Newly applied:

• Standard-size product categories: $0.35 per item
• Oversize product categories: $0.50 per object

3. FBA Receiving Fee

The FBA charge is intended to take care of the expense of getting and reviewing stock that vendors ship off Amazon’s distribution centers.

In the past, this fee was part of the FBA garage fees. Now, it will be its charge.

Previously:

• Standard-size product categories: $0.50 per cubic foot
• Oversize product categories: $2.40 per cubic foot

Newly applied:

• Standard-size product categories: $0.70 per cubic foot
• Oversize product categories: $3.45 per cubic foot

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4. FBA Cancellation Rate

In 2024, Amazon could introduce a cancellation rate for sellers who cancel their FBA orders once they have been received and processed by Amazon.

This fee aims to prevent sellers from abusing the FBA software by canceling orders at the last minute.

Previously:

$0

Newly applied:

$0.50 per item