Full Breakdown of the New Amazon FBA 2024 Fees (Gamechanger for Sellers?)

Amazon's FBA program offers sellers immense convenience, but staying on top of evolving fee structures is crucial for maintaining profitability. 2024 brings some significant FBA fee changes, and in this episode, I am joined by Avenue7Media's experts, Malia Kim and David Wilhelm, to break them down and offer strategies to help you adapt and stay profitable. We dissect the adjustments in FBA Inbound, Storage, and Fulfillment fees, offering insights and strategies to navigate and mitigate these costs effectively, ensuring sellers stay ahead in the competitive Amazon landscape. We also look at how these changes could affect your competitiveness in the marketplace, including your Buy Box win rate and search visibility. While these changes might initially feel complex, there's an important takeaway: Amazon is offering ways for sellers to gain greater efficiencies that can offset some of the costs associated with them. Tune in now to adjust your strategy proactively to the new changes and take control of your Amazon success in 2024! Key Takeaways Intro (00:00) Breakdown of inbound and storage fees (01:29) Amazon FBA cost increases and optimization strategies (07:03) Benefits of opting out of certain fees (12:25) Examination of decreased FBA fulfillment fees (17:10) Partnering with Amazon to reduce waste and improve shipping efficiency (29:04) Analysis of Amazon FBA storage fee adjustments (35:09) Amazon's business strategies and impact on sellers (40:05) Amazon's Warehouse and Distribution Services and winning the Buy Box (48:01) Additional Resources Malia Kim’s LinkedIn: https://www.linkedin.com/in/maliakim/ David Wilhelm’s LinkedIn: https://www.linkedin.com/in/davidwilhelm100/ --- - Schedule a FREE consultation with the Ave7 team - Grab the FREE Amazon Seller Central Checklist - Get the book “The Amazon Jungle” book by Jason Boyce - Learn more about Avenue7Media ---- Day 2 Podcast has a goal of helping Amazon sellers learn how to launch, grow and protect their brand on the world's largest online marketplace (and beyond). Follow us on your favorite podcast platform so you never miss an episode!