Amazon instituted new selling and shipping rules for third party media sellers that will increase the fees reaped by the etailer, and effectively end of the economic viability of selling so-called “penny books” on the site. As of March 1, 2017, the fees for selling media products, including books, will rise in two ways. The per item fee will increase to $1.80, up from $1.35 per item, and going forward “will be a fixed fee rate and not variable.” Additionally, the referral fee they charge will go from 15 percent of the item price to 15 percent of the total sales (including […]
