There’s a new story out on old news- Amazon raising their fees and 3rd party sellers bitching. The interesting quote I saw was this. “It costs $3.92 to sell a $10 item on Amazon and $2.72 on eBay, according to Bill Vogel of The Cumberland Companies, which sells on both.” Here’s the link to the whole story Amazon sellers upset
First off, if you’re selling one-off items, it’s a tough way to make a living. If you can list once, but selling (hopefully unlimited) quantities, then it can be worth it. Secondly, I would gladly pay the extra $1.20 to Amazon for storing and shipping the items.
Another thing is Amazon raising the long-term storage fees in February. They let you have the first item in an SKU free, but after that they charge you. If you’re selling a couple a year, what in the world are you doing paying shipping and storage for a year to Amazon. Now you’ve got liquidation fees or disposal fees on top of that. Do your homework before shipping to Amazon. Only ship faster moving items to Amazon. And only ship enough to sell in a year. Mark ‘em down if need be. The long-term storage fee is a good wake up call for items you need to dump, get your money out of, and buy new inventory with.
This doesn’t apply to one of a kind (OOAK)goods that need to wait on the right buyer. Those I feel fine keeping in inventory.
Make sure you turn rate is commensurate with your profit. If you’re only clearing a dollar an item and sell two a year, I’d say it’s not worth it. If you’re selling a couple dozen a week, then yeah, it’s probably worth it.