Amazon prices likely going up with new ‘fuel and inflation surcharge’
by Thomas Ricker from The Verge - All Posts on (#5Y5SG)
Increased fees to sellers will likely be passed on to buyers. | Illustration by Alex Castro / The Verge
Amazon is looking to offset costs to third-party sellers in the US resulting from soaring inflation and fuel prices. The new 5 percent fuel and inflation surcharge" for sellers that use Amazon's fulfillment services will go into effect starting April 28. Since most items purchased off Amazon are from third-party sellers, you can expect these new costs to be passed along to shoppers.
89 percent of Amazon's over two million third-party sellers use Fulfillment by Amazon (FBA) to leverage the retail giant's supply chain, warehouses, and shipping operations, reports Jungle Scout research.
We will be employing a fuel and inflation surcharge for the first time"
In 2022, we expected a return to normalcy as Covid-19 restrictions around the...