5 • 602 Ratings
🗓️ 21 April 2022
⏱️ 12 minutes
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0:00.0 | Hello, everyone, and welcome to another episode of the Helium 10 Weekly Buzz. |
0:09.1 | My name is Shavali Patel, and this is the show where we get you familiar with the latest news in the Amazon and e-commerce space, |
0:16.8 | interview people in the industry we think you need to hear from, and provide a training tip of the week that will give you serious strategies for serious sellers of any level in the |
0:25.8 | Amazon, Walmart, and ecommerce world. Let's see what's buzzing this week. Today we'll talk about |
0:31.2 | the latest 5% seller fee increase, among other breaking news pieces, have a conversation with |
0:37.3 | the co-founder of Spot, |
0:39.0 | and dive into how you can generate your own QR codes to better scale your growing business. |
0:44.5 | Let's get started. |
0:46.2 | Up first, we have some news that was released right after last week's weekly buzz episode. |
0:52.4 | To offset rising costs, Amazon recently stated they will be adding |
0:56.3 | a 5% fuel and inflation surcharge to seller fees for those third-party sellers who use the |
1:02.5 | superstores fulfillment services. Now, don't panic. Understand that this is not the Amazon |
1:09.0 | Commission, nor an arbitrary fee that's being taken off the retail price. |
1:14.1 | This is the pick-pack and shipping fee that Amazon charges you to deliver orders to your customers. |
1:19.3 | And according to the notice that was sent to sellers on Wednesday, this is largely attributed to the increased company costs since this start of the pandemic. |
1:27.9 | So they're hoping that the surge will absorb those increased hourly wages, |
1:32.1 | the hiring of workers, and the construction of more warehouses. |
1:36.2 | Now, although those new changes are subject to change, |
1:39.3 | they'll apply to apparel and non-apparel products ordered before April 28th, but shipped and delivered |
1:45.5 | after that date. And this is effective April 28th. If you're interested in understanding exactly |
1:51.2 | how this impacts your profit margins, then be sure to head over to Helium 10 and check out |
1:56.7 | the blog section. There's an article there written by Bradley Sutton to see that talks about an |
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