Amazon FBA announces reduced inventory fees for 2024

Amazon recently announced a significant change to its Fulfillment by Amazon (FBA) program, introducing lower inventory fees for sellers starting in 2024. This move is aimed at helping sellers reduce their costs and improve their profitability on the platform. Under the new fee structure, sellers will benefit from lower fees for storing and managing their inventory in Amazon’s fulfillment centers. This change is particularly beneficial for sellers with products that have slower turnover rates or require longer storage times. Amazon’s FBA program has become a popular option for sellers looking to outsource the storage, packaging, and shipping of their products. […]