The game-changing quality of Amazon Prime sets it apart from other online marketplaces. Many customers are prepared to pay a monthly subscription fee for Amazon Prime because the benefits and services it provides are so desirable.
Amazon Prime is one of the best selling platform main reasons the company has such a sizable and loyal customer base. Customers that subscribe to Prime pay a monthly subscription fee. They receive free shipping and speedier delivery as a result of this payment, and they may use the Amazon Prime App to watch free movies and TV series.
Some of Amazon’s most devoted consumers are Prime subscribers. Because the benefits of their membership are so much better, they won’t use eBay or other online selling platforms.
Additionally, it is because of these devoted customers those occasions like Black Friday and Prime Day experience record-breaking sales.
In the first quarter of 2021, Amazon stated that there were 200 million paying Prime members globally this number had risen from 150 million.
The fact that Amazon has millions of paying members worldwide influences third-party sellers’ decisions to sell there rather than on eBay.
Some of Amazon’s most devoted consumers are Prime subscribers. Because the benefits of their membership are so much better, they won’t use eBay or other online selling platforms.
Fees for Amazon sellers
The services you wish Amazon to carry out on your behalf will determine the costs you as an Amazon vendor will be charged. Your cost of selling will be determined by elements such as product type, size, material, delivery options, etc.
You can utilise one of two selling plans on Amazon:
- Plan for lone selling
- Plan for Professional Selling
Choosing between a personal and a professional account
If you sell fewer than 40 products, you can choose an individual plan. Even though registering up is free, you are charged $0.99 for each item sold. Depending on the type of product you are selling, there may also be additional selling costs.
You must pay a $39.99 monthly cost for the Professional Plan in addition to any selling expenses. This is the ideal option for you if you sell more than 40 units per month. If you use this strategy, you are not required to pay $0.99 for each item sold.
get to know more about Amazon being the bestselling platform at Zonbase.