Amazon recently updated its FBA fees, specifically related to the storage utilization and low level inventory. Calculating the new fees and understanding when they are applied is challenging for many sellers, especially when added to the other responsibilities of managing a seller central account. It’s important for sellers to understand these fee updates in order to make necessary changes and reduce costs. This article will outline the 2024 Amazon storage fee updates, focusing on the changes to the storage utilization surcharge and the low level inventory penalties. Learn about how these inventory fees are calculated and what sellers can do to be proactive and avoid additional costs. This article will also summarize best practices for inventory management and answer frequently asked questions. For a complete summary of the FBA updates, see this blog post about 2024 FBA fee changes.
Amazon Returns Processing Fee Change 2024
Amazon recently announced they will be updating their returns processing fee in 2024. This update will change how Amazon charges for return fees. They are introducing return rate thresholds for product categories. Along with the updated fees, there’s an updated FBA Returns dashboard that shows sellers if they are above or below these thresholds. Understanding these updates is important for sellers to avoid unexpected charges. Sellers that reduce the number of returns will reduce costs related to FBA fees, improve customer satisfaction, and improve the profitability of their business. This post will cover the returns processing fee, 2024 changes to the returns processing fee, the updated FBA Returns dashboard, and best practices for reducing Amazon returns.