When selling on Amazon in 2024, understanding your amazon commission rates 2024 is no longer optional it’s critical.. You have to pay referral fees, fulfilment fees, and new inventory-related fines for every sale you make. You could lose money or have your margins get smaller if you don’t price your items correctly with these fees in mind.
This in-depth guide tells you everything you need to know about Amazon revenue rates, how the changes in 2024 will affect sellers, and how to keep making money.Whether you’re new to selling on Amazon or run a seven-figure business, the best way to stay ahead is to master amazon commission rates 2024.
Keynotes
- Rates range from 6% to 45%, based on the type of product.
- New fines for having too much inventory can make your total selling costs go up.
- Clothing that costs less than $15 has a lower 5% fee rate.
- Products that are too big or too heavy cost more to ship, even if the connection fees stay the same.
- Higher fees can be avoided by being proactive about managing goods and choosing categories.
What Are the Rates of Amazon Commission?
Rates of Amazon commission, which are sometimes called “referral fees,” are the % that Amazon takes off of every item you sell.
It’s a basic cost of doing business that covers the chance to sell to Amazon’s huge customer base.
- Depending on the type
- Is taken out automatically when an item sells
- Based on the item’s price plus the cost of shipping and gift wrapping.
The good news?
The commission rate is a set amount, not a random charge. You can set the right price for your things once you know the going rate for that type of product.
Now, in 2024, though, big changes have made it even more important to understand Amazon revenue rates.
Amazon Commission Rates 2024: Updated Category-Wise Table
Here’s the latest 2024 rates of Amazon commission breakdown:
| Product Category | Rates of Amazon Commission 2024 |
| Personal Computers | 6% |
| Consumer Electronics | 8% |
| Home & Kitchen | 15% |
| Baby Products (Non-Apparel) | 8% |
| Clothing, Shoes, Handbags | 5% (<$15) / 15% (>$15) |
| Beauty & Personal Care | 8% (<$10) / 15% (>$10) |
| Jewelry | 20% |
| Watches | 16% |
| Books | 15% |
| Grocery & Gourmet Food | 8% |
| Health & Household | 8% (<$10) / 15% (>$10) |
| Amazon Device Accessories | 45% |
| Industrial & Scientific Supplies | 12% |
| Sports & Outdoors | 15% |
| Automotive Parts & Accessories | 12% |
Note: If nothing else is said, the minimum referral fee is $0.30 per item sold.
These numbers show how different rates of Amazon commission are in 2024, which is why sellers need to plan their strategies properly.
Important 2024 Changes Affecting Amazon Commission Rates
Selling on Amazon is very different this year. Let’s dive into the biggest changes affecting amazon commission:
1. Low Inventory Level Fee
- Amazon now charges buyers extra fees if they keep their stock levels low all the time.
- If you have less than 28 days’ worth of stock, you may have to pay an extra $0.32 per cubic foot.
Tip: Keep enough stock on hand to escape fines that eat away at your profits.
2. Reduced Commission for Low-Priced Apparel
- The fee for clothes and shoes that cost less than $15 has been cut from 15% to 5%.
- This used to be between 8% and 15%.
Opportunity: It’s now easier to make money selling cheap fashion items!
3. Heavier Emphasis on Fulfillment Costs
- FBA fees for large, bulky items have increased.
- Referral fees (also known as rates of Amazon commission) stay the same, but if your product is heavy, your total selling costs may go up.
Real Examples: How Amazon Commission Rates 2024 Affect Sellers
Let’s make this practical.
Example 1: Selling a Laptop for $1000
- Type: Personal Computers
- Rate: 6%
- Fee for commission: $60
Example 2: Selling a Book for $25
- Type: Books
- Rate: 15%
- Fee for commission: $3.75
Example 3: Selling a Pair of Shoes for $12
- Clothing and shoes that cost less than $15
- Rate: 5%
- Fee for commission: $0.60
Example 4: Selling Packaged Food for $15
- Food and Drink
- Rate: 8%
- Fee for commission: $1.20
Notice:
Keep in mind that a small change of 2% to 5% in Amazon’s fee rates can have a huge effect on your monthly profits if you sell items on Amazon. Using Plugbooks to monitor and calculate these fees allows sellers to stay on top of their costs and ensure a healthy profit margin
Why Amazon Changed Commission Rates in 2024
Amazon’s official reasons for tweaking amazon commission rates 2024:
- Pay for the rising prices of storage and shipping
- Encourage better handling of inventory
- Focus on areas that have a lot of loyal customers, like groceries and clothes.
- Balance the loads on the supply network
- Reward sellers who keep more stock on hand
Understanding these changes helps you better navigate the platform, and Plugbooks can keep you updated on all of your fee-related metrics.
How to Beat High Amazon Commission Rates 2024
1. Sell in Lower-Commission Categories
Focus on categories like:
- Personal Computers (6%)
- Food (8%)
- Items for babies (8%)
2. Keep Inventory Healthy
Avoid low-stock penalties by maintaining a 30–60 day inventory buffer at Amazon warehouses.
3. Choose FBM (Fulfilled by Merchant) Strategically
Not every product needs FBA.
For small, non-urgent things, fulfilling orders yourself can save you money and make up for Amazon’s high commission rates. Plugbooks.io allows you to track your fulfillment methods and their associated costs.
4. Price With Fees in Mind
Before listing anything, calculate:
- Fee for Referral
- Fee for Fulfilment
- Cost of Shipping
- Fee for returns (if any)
Set the price of your item so that it covers all of your costs and still makes you a good return.
5. Bundle Products
Selling bundles, like a 3-pack or 5-pack, can help increase margins and spread Amazon’s commission rates over more products. Plugbooks can help you track the profitability of bundles.
How PlugBooks Helps Amazon Sellers
PlugBooks simplifies tracking Amazon fees and commissions, helping you stay on top of your profits. It automatically calculates all your sales, referral fees, and additional charges, ensuring accurate financial tracking.
By integrating with your Amazon account, PlugBooks provides easy insights into your costs, helping you optimize profits. For full accounting integration, QuickBooks can sync with PlugBooks, streamlining your entire financial management process.
Amazon Commission Rates 2024 for Top-Selling Categories
Here’s a closer look at the most important categories for 2024 sellers:
| Category | Best Strategy |
| Clothing | Focus on <$15 items for 5% fee |
| Home & Kitchen | Price smartly to absorb 15% fee |
| Grocery | Move fast inventory with 8% fee |
| Beauty | Emphasize higher-ticket items (>$10) |
| Books | Bundle or premium editions to offset 15% fee |
If you want to beat Amazon’s commission rates in 2024, picking the right category is half the fight.
Final Thoughts
Finally, knowing how to figure out Amazon commission rates 2024 is the most important thing that you can do to really succeed as an Amazon seller. Amazon’s marketplace offers unmatched growth prospects, but it also requires sellers to be smarter and more strategic in how they approach their deals. To stay competitive, you need to know everything there is to know about your category’s fee structure, keep an eye on any new fee updates or policy changes, and make sure that every part of your business is running at its best, from managing your goods to setting prices and shipping options.
Tools like Plugbooks can help you keep track of your fees, manage inventory, and adjust your prices to ensure your business remains profitable. The most important thing is to always make sure that your pricing strategy gives enough room for healthy profits after all fees and commissions are taken into account.
Disclaimer
That which you read in this piece comes from updates to Amazon Seller Central as of April 2024. There is no guarantee that commission rates, rules, or divisions will stay the same. Before you add new items, you should always check your Seller Central account or Amazon’s official documents for the most up-to-date information on fees.