Amazon's new fuel and inflation fee will soon be implemented. But, the company clarified that it would not be a permanent additional charge.
The giant e-commerce firm said that the new fee, a 5% increase, will apply to all products. Ever since the Ukraine-Russia conflict began, the fuel costs started to become worst.
Aside from the crude oil, other necessities also increased prices. Because of this, Amazon and other companies decided to increase the charges for their products.
Amazon Fuel and Inflation Fee To Arrive
According to CNET's latest report, the new fuel and inflation fee will roll out starting on Apr. 28. The retailer said that all merchants using its FBA (Fulfillment by Amazon) service need to pay the additional 5% charge.
The announcement was made after Amazon explained to its shareholders that the worsening inflation rate could affect the labor and logistics costs.
"In 2022, we expected a return to normalcy as COVID-19 restrictions around the world eased, but fuel and inflation have presented further challenges," said Amazon's FBA team.
But, since Amazon is just trying to maintain its revenue as the fuel hike and inflation rate worsens, the new fuel and inflation fee will only be temporary.
As of writing, Amazon hasn't confirmed yet when it will remove the new charge. As a consumer and seller, the best thing you can do is to wait for the official announcements of the e-commerce giant.
Amazon Sellers Already Pay Seller Fees
Amazon merchants are already settling the so-called seller fees. Recently, the giant retailer said that the FBA fees might still go up to offset the inflation rate.
But, the tech firm is still making efforts to help its sellers earn more revenues despite the increasing charges. One of these is the Brand Referral Bonus, as stated by Amazon's official blog post.
On the other hand, Amazon also has the so-called Search Analytics Dashboard and Product Opportunity Explorer. If you want to see further details about these programs, you can visit this link.
Meanwhile, Amazon product return solutions consider burning items as last resort.
Recently, Amazon Prime Video has been confirmed to offer New York Yankees games exclusively for streaming.
For more news updates about Amazon and other giant retailers, always keep your tabs open here at TechTimes.
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Written by: Griffin Davis
