Shopping From Amazon May Get Expensive From May 31 Due To Change In Seller And Commission Policy

Shopping From Amazon May Get Expensive From May 31 Due To Change In Seller And Commission Policy


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

Actually, the company has taken this step under its annual process and after May 31, new rules will be implemented on the platform, as a result of which the products may become costlier than before. According to the reports, the company is going to increase the seller fees in the categories of clothes, beauty, medicine, grocery etc. The spokesperson of the company said that the increase in seller fees is due to the changing market environment and macroeconomic reasons.

percent change

According to ET’s report, the seller fee in the medicine category has increased from 5.5 to 12 per cent on products up to Rs 500, while the fee for items above Rs 500 has gone up to 15 per cent. In clothing, the fee has been increased from 19 to 22.5 percent on products of more than 1,000. Similarly, the commission on beauty products has been increased to 8.5%. Apart from this, the company has increased the delivery charge on domestically transported products by 20 to 30 percent.

fired more than 500 people

The e-commerce company has recently laid off more than 500 employees. The process of retrenchment is going on in the company and employees are being fired from Amazon Web Services, HR and support staff. This process of retrenchment is one of the same 9,000 job cuts that the company announced in March 2023. In March, the company announced that it was going to cut about 9,000 jobs from its cloud services, advertising and Twitch units. This information was given by CEO Andy Jassy in a memo to employees a few weeks after 18,000 employees were laid off.

News Reels

Read also: Do you use this smart trick while getting a new phone? If not, then you are doing yourself a disservice.



Source link

Related posts

Leave a Reply