is adding revenue streams ahead of the holiday season to help it counter inflationary pressures and other rising costs and as it recalibrates following a pandemic boom.
The company is passing on some costs to the sellers that use its e-commerce platform and plans to hold a second deals event for Prime members after having completed its annual Prime Day shopping extravaganza in July.
Amazon this past week told third-party sellers using its shipping services that it would introduce a “holiday peak fulfillment fee” from Oct. 15 to Jan. 14. The new fee is expected to increase costs for sellers in the U.S. and Canada by an average of 35 cents per item sold, according to an email sent to sellers viewed by The Wall Street Journal.
Amazon, which said in the note it was raising fees because it expected increased operating costs during the holiday period, said it had previously absorbed such costs, but that “seasonal expenses are reaching new heights.”
The fee bump is the second this year. In April, the company added a “fuel and inflation surcharge” to seller fees that averaged 5% of fulfillment costs at the time.
An expanded version of this story appears at WSJ.com.
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