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Amazon Hikes Seller Fees: At present, there is a huge demand for online shopping. More and more people are turning to online shopping as we are getting the opportunity to order and get our essentials delivered from the comfort of our homes. Most of the people are shopping on online portals like Amazon, Flipkart, Meesho etc. But soon a bad news is coming for the customers shopping on Amazon. After May 31, the prices of many things will increase on Amazon. Avail bumper discounts on purchases from the Amazon e-commerce platform. But now you have to pay more for shopping.
Amazon recently announced that it is increasing seller fees and commission charges. This will increase the prices of many products. But the prices of all the products are not increasing. Buying electronics and cosmetic products will cost you a lot of money. Experts believe that the increase in fees and commission will make the products available on Amazon more expensive. Sellers are more likely to pass their burden onto the customer. The increased charges will be effective from May 31.
The prices of many products are likely to increase, including clothing, beauty products, groceries and medicines. In addition, platform fees may also increase in case of a refund of an item of our choice. Amazon has decided to increase the fee for sellers of over-the-counter medicines from 5.5 per cent to 12 per cent on products priced at Rs 500 or less. At the same time, this duty has been increased to 15 percent on products costing Rs 500 or more. Amazon has also reduced these rates on some categories like wall paint, tools, inverters, batteries.
