Technology

Amazon charges sellers fees that are high enough to offset losses from Prime, a new report says

Amazon charges sellers fees that are high enough to offset losses from Prime, a new report says

The massive reach of Amazon’s e-commerce platform is appealing for any small business that wants to sell its products online. But a new report suggests that the cost of doing business can become a Faustian bargain for a third-party seller, as the fees that Amazon charges them can quickly eat into profits. Amazon Toll Road, a report from the nonprofit Institute for Local Self-Reliance (ILSR), found that Amazon charged third-party sellers a total of $121 billion in fees this year alone.

Click here to read more -->
×