Toronto: Inflation hits the global and it is well alive within Amazon’s e-commerce kingdom. Therefore, the Amazon, American multinational technology company, is going to raise charges on third-party sellers, first time ever on holiday fee for merchants who uses company’s service to pack and ship items to customers.
The sellers will be hit with about $0.35 per item sold using Amazon’s fulfillment services in the U.S. and Canada from October 15 to January 14, Amazon informed sellers in a notice sent Tuesday.
Amid rising inflation, this is the second fees rise imposed on merchants this year by the online retail company. Earlier in April, the online merchant imposed a 5 per cent “fuel and inflation” surcharge.
The Statistics Canada report revealed that Canada’s year-over-year inflation rate slowed down to 7.6 per cent in July. The inflation rate hit a 40 years high of 8.1% in June.
Amazon noted in the notice that the holiday season hike on logistics costs and fulfillment because of volume of shipments being transported. The company said it had earlier absorbed these cost increases but this season expenses were reached new heights.
The company said that this decision has not been made lightly. The selling partners are incredibly important to them.