Friday , September 20 2024

After May 31, ordering goods from Amazon will become expensive, if you have added something to the online ‘cart’, then order immediately.

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Amazon Shopping will be expensive: If you have added anything to the ‘cart’ on the e-commerce website Amazon, then order immediately because after May 31, ordering goods from this platform will become more expensive than before. According to a report by ET, Amazon is going to change its seller fees and commission charges, after which the prices of the products may increase. Let us tell you that an e-commerce company earns its money only through commission. Sellers sell goods through this platform and in return the company charges money.

The company has taken this step as part of its annual process and the new rules will be applicable on the platform after May 31, due to which the products may become costlier than before. According to reports, the company is going to increase seller fees in categories like apparel, beauty, medicine, grocery etc.

According to the report, the company will increase the selling price in categories like clothing, beauty, grocery and medicine.

A company spokesperson said the revision in vendor fees depends on market dynamics and various factors. We recently made changes to our fee rate card including new fee categories and lower fees in some categories.

For over-the-counter medicines, the seller fee is expected to increase from 5.5 per cent to 12 per cent on products priced at or below Rs 500, while a seller fee of 15 per cent is to be levied on medicines priced above Rs 500. are supposed to. to the report.

 

In the apparel category, the report states that the seller fee for products above Rs 1,000 will be increased to 22.50 per cent from the existing 19 per cent.

Apart from this, commission will be increased to 8.5 percent on products priced below Rs 300 in the beauty products category. Also, the company has increased the delivery charge for local transport products by 20-23 per cent.

All this comes amid reports of the company hiring around 500 employees in India across various businesses and functions. According to the report, the process of retrenchment is going on and the employees of Amazon Web Services (AWS), Human Resources, Support Functions are being retrenched. The report also states that this new round of layoffs is part of the 9,000 job cuts announced in March 2023. In March, Amazon announced plans to cut nearly 9,000 jobs from its cloud services, advertising and Twitch units due to recession fears. , The announcement comes just weeks after the company laid off nearly 18,000 employees in a memo to employees from CEO Andy Jassy.