The sales commission and logistics costs of this site will be updated, and Amazon will also open a new site

Recently, Amazon’s US, European, and Japanese sites have been restricted from shipping one after another, and sellers are lamenting that this year’s peak season may be in vain?

Chenzi can understand the sellers' feelings very well. These three sites are the main sites for most sellers. If delivery is restricted to all of them, there is no doubt that the sellers' orders will be greatly affected.

It is still unclear how the overseas epidemic and the situation in various countries will develop. Amazon's policies are also changing. Sellers should make plans early and be prepared for emergencies. For example, they can also spend more time paying attention to other new sites. Recently, there has been news that Amazon will open a new site.

Sweden is the largest country in Northern Europe. Its people love online shopping and are quite receptive to cross-border e-commerce. They especially like products from China, the United Kingdom, Germany, the United States and other countries. Clothing is their favorite purchase when they shop online, and they believe that "the practicality of an item is the primary attribute of the product."

Its import reports for 2016 and 2017 showed that more than 30% of Swedish online shopping products came from foreign countries. Among them, inexpensive and high-quality goods from China were very popular. At its peak, more than 150,000 international parcels arrived at Stockholm Airport every day.

As e-commerce becomes more popular around the world, Sweden's e-commerce market is also expanding. In 2017, the size of Sweden's e-commerce market reached 14.5 billion euros, and in 2018, the Swedish e-commerce market is expected to grow by 15.4% over 2017 to 16.2 billion euros. In 2017, Sweden's online shopping penetration rate was 81%, and it is expected to reach 86% in 2018.

According to Statista data, its children's products and toys have maintained a growth rate of 23% for two consecutive years. Clothing has become the most popular cross-border product category, followed by home electronics, media, sporting goods, and health and beauty products.

It can be seen that as a potential market, Sweden would be an excellent choice to enter Amazon.

Sellers can study the consumption trends on the Swedish site in the near future, pay close attention to the Amazon Swedish site, and seize market opportunities.

Amazon opened a Dutch site and started selling products earlier this year, and the Saudi platform souq has also been officially converted to Amazon.sa.

According to foreign media reports, as Amazon continues to expand around the world, Sweden is very likely to become Amazon's next target market country.

Amazon is about to enter the Swedish market, sellers should seize the opportunity!

Recently, Amazon Canada updated its announcement stating that changes to sales commissions and Amazon logistics fees will be introduced in the Canadian mall soon.

Each year, Amazon reevaluates fees to ensure they remain consistent with changing industry conditions and costs, and in response to seller feedback Amazon receives.

While order processing, shipping, and delivery costs have increased this year, Amazon's continued investment in supply chain innovation has enabled the platform to limit increases in delivery fees in 2020 (averaging about 3%).

In addition, Amazon will reduce several sales commissions and increase one sales commission to help sellers add more products that are popular with buyers.

These changes will take effect on September 1, 2020, unless otherwise noted. Amazon is notifying sellers now to give them ample time to plan accordingly.

Sales Commission Changes

Amazon will reduce its referral fee from 15% to 10% for the portion of the total sales price of outdoor furniture products that exceeds $250 CAD.

Amazon will reduce its referral fee from 15% to 8% for personal care products with a total sales price of $10 or less. Items in this category with a total sales price of more than $10 will not be affected.

Amazon will increase its commission rate on sales of office electronic devices from 8% to 15%.

See details of the 2020 Amazon.ca referral fee changes

Amazon Fulfillment Fee Changes

Delivery costs will increase slightly, with an average increase of 3%.

Amazon charges a per-package fee for removal and disposal fees based on weight.

Starting in September 2020, Amazon will charge a monthly long-term storage fee of 150 Canadian dollars per cubic meter. This fee only applies to products that are more than 365 days old.

Amazon will only charge a minimum fee of $0.15 per unit for media items. Prior to this change, Amazon charged higher long-term storage fees in February and August. Amazon will not charge long-term storage fees in August 2020.

(Source: Seller Growth Academy)