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7 Figure Amazon Seller Explains New 2024 Amazon Fees | Episode 5.
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Navigate the complexities of Amazon Seller Fees for 2024. Uncover the latest updates and strategies to minimize costs and maximize your profitability on Amazon's platform.
In this episode of the Online Seller Podcast, we dive deep into the intricacies of Amazon Seller Fees for 2024, providing sellers with crucial information to navigate the ever-evolving marketplace. Understand the new fee structures and categories that Amazon has introduced for sellers. Gain insights into the best practices for reducing overhead and increasing your bottom line. This episode of the Online Seller Podcast reveals all you need to know about efficiently managing Amazon Seller Fees to ensure your business thrives in 2024.
00:00 Introduction - Amazon’s Fees Are Changing
01:46 It’s good to see some fee reductions, and Amazon making shipping details more granular
02:40 Sellers who are dialed in on logistics will be rewarded
03:25 New Amazon FBA Rates
05:58 Amazon brings back the Ships In Product Packaging program
07:51 This is an opportunity to explore branded packaging
09:21 Amazon FBA Monthly Storage Fees
10:44 New “Low Inventory Level” Fees
12:13 How the new Low Inventory Level Fees might affect various Sellers
17:15 Storage Utilization and Long Term Storage Fees
17:43 Inventory Removal, Disposal, and Liquidation Fees
18:22 Fee breaks for sellers of Apparel
19:04 Amazon Vine will have it’s cost reduced
19:24 When should a Seller consider involving a 3rd party logistics system as part of their overall inventory management?
22:27 It would be great to have an “Amazon vs 3PL vs Garage” cost calculator
👍 **If you found this episode valuable, give it a thumbs up and share it with other Amazon sellers who might benefit.**
💬 **We'd love to hear your experiences and thoughts on Amazon Brand Tailored Promotions. Leave a comment below!**
🔔 **Subscribe and hit the notification bell to stay updated on the latest from the Online Seller Podcast.**
📖 **For more resources and tips, check out:**
- https://www.onlinesellerconsulting.com/
- https://capforge.com/
📚 Resources:
- https://www.onlinesellerconsulting.com/posts/new-amazon-seller-fee-changes-for-2024
- https://www.amazon.com/QuickBooks-Bookkeeping-Common-Mistakes-Everyone-ebook/dp/B00UKCUDG4
- https://www.amazon.com/Amazon-Seller-Bookkeeping-commerce-Operations-ebook/dp/B07C5BYKVD
🌐 Follow Us:
**Online Seller Consulting:**
LinkedIn - https://www.linkedin.com/company/online-seller-consulting/
Facebook - https://www.facebook.com/Hometown.OSC/
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CapForge:
LinkedIn - https://www.linkedin.com/company/capforge-bookkeeping-&-more/
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**#AmazonSelling #EcommerceTips #OnlineSellerPodcast #AmazonFBA #amazonbrand #AmazonCustomerEngagementTool #PremiumAPlusContent #AmazonSellerTips #OnlineSelling #AmazonMarketplace #BusinessGrowth #RetailStrategy**
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