Amazon MCF Fees In 2024: What Sellers Need to Know
Sellers often feel overwhelmed navigating Amazon‘s complex fee structure. In fact, a 2022 survey found 78% of sellers want more clarity into MCF fees from Amazon. As we move into 2023, there are some notable changes sellers need to factor in.
Breaking Down the Fees
Amazon charges sellers four main types of MCF fees:
Fulfillment Fees
These fees start at $3.99 per unit for standard-size items, covering Amazon‘s costs to pick, pack, and ship your orders. For 2023, fees for oversize items over 70 lbs are rising – some by over 15%.
| Item Size | Fee Per Unit |
|---|---|
| Small Standard-Size | $3.99 |
| Large Standard-Size | $6.99 |
| Oversize (70 – 90 lbs) | $21.99* |
*Up from $19.99 in 2022
Storage Fees
Amazon charges monthly storage fees ranging from $0.75 per cubic foot to hold your unsold inventory. In 2024, long-term storage rates for oversize items will also rise.
Unplanned Services Fees
These added fees start at $0.20 per unit for unplanned services like labeling, bagging, etc. Amazon has expanded this fee category leading to hiked costs for sellers.
Navigating the Changes in 2024
With fees climbing in multiple areas this year, what can sellers do? Here are tips to offset rising costs:
Carefully analyze weight and dimensions – Accurately measure products and packing to calculate the most cost-efficient fulfillment options.
Review inventory reports frequently – Reduce slow-moving stock to decrease monthly storage fees. Use FBA revenue calculators to stay profitable.
Outsource expert assistance – Work with an Amazon specialist to audit fees and find savings opportunities. The right expertise pays for itself.
As veteran sellers know, Amazon makes frequent adjustments to their complex MCF pricing. Stay in touch with the latest changes so your business doesn‘t take a hit from rapidly rising costs.
