You will have a major shock if you also shop on Amazon. Amazon’s store will likewise increase in price after May 31. Online shoppers will now need to make larger financial commitments. People used to get a substantial discounts while shopping on e-commerce platforms in the past, but prices have since increased.
A higher commission fee of Amazon
Let us inform you that Amazon has increased its commission and seller fees, which could result in an increase in product costs. Let us inform you that this fee has gone up for some product categories. Media sources claim that purchasing electronics and cosmetics may suddenly be more expensive.
The new rates will take effect on May 31.
According to experts, when fees rise, the prices of the goods accessible on Amazon will also rise. Customer obligations may be imposed by the seller. From May 31 forward, the new fees will be in effect.
Which goods are likely to be expensive?
Numerous items, including clothing, cosmetics, food, and medications, might be pricey. In addition, there may be an increase in the platform’s fees for product returns.
How much have the costs risen on Amazon?
Let us inform you that the seller’s fee for over-the-counter medications will be increased from 5.5 to 12 percent on items costing less than Rs 500. In addition, this price has been decreased to 15% for purchases of Rs. 500 or more. Additionally, Amazon has lowered these prices for select products, including tools, batteries, inverters, and wall paint.
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