Amazon is one of the largest e-commerce platforms in the world. Sellers generally incur various expenses when operating stores on the platform. So what are the annual expenses for Amazon sellers? Details will be introduced below.
The expenses for an Amazon seller to operate a store for one year mainly include the following:
1. Registration fee. If the seller is a novice and registers by himself, there is usually no registration fee. However, if the seller entrusts an agency to register, the fee usually required is 500-2,000 yuan. If a seller wants to buy a store, it usually costs more than 10,000.
2. Platform fees. Sellers generally need to pay platform fees after opening an account, which mainly include monthly service fees, commission fees, and withdrawal fees.
(1) Monthly service fee. The monthly service fee on the Amazon platform is generally US$39.9 per month.
(2) Commission fees. The commission fees for different Amazon sites and different products are also different. If the seller is in the United States, the general sales commission for mobile phone equipment and other products is 17%. Under normal circumstances, the minimum sales commission is US$0.3 per item.
(3) Withdrawal fees. The Amazon platform needs to pay a certain fee when withdrawing cash. The rate mainly depends on different payment companies. The withdrawal rate on the Amazon platform may be 0.3%, and the rate for withdrawing money to China is 1.2%. At the same time, some platforms have restrictions on the amount of cash withdrawals.
3. UPC barcode. Sellers generally need to provide UPC barcodes when uploading products on Amazon, so they need to purchase UPC barcodes, which are usually $5 each.
4. Product selection tools. Product selection is very important for Amazon sellers in their operations, and they generally need to use tools to select products. The product selection tool commonly used by sellers is jungle scout, which usually costs 2,000 yuan per year.
5. First leg fee. The first leg generally refers to the cost of shipping products from China to the FBA warehouse. Generally, the cost is related to the product volume, weight, quantity, etc.
The above content has given a detailed introduction to the annual expenses of Amazon sellers. Amazon sellers need to spend a lot of expenses in the operation process, which can easily have a negative impact on the interests of sellers. Therefore, sellers can save various costs by saving logistics costs and choosing appropriate products, which is more conducive to sellers’ profits.