How to configure closing fee for Amazon?
Amazon charges a fixed closing fee for every item sold. This is a flat fee that is deducted from each sale as a fixed closing fee. Fixed closing fee on Amazon varies with the selling price of the product and your business model with Amazon.
In this article, you will learn:
How to identify your rate card for Amazon’s fixed closing fee?
How to configure Amazon closing fee in Eshopbox?
How to identify your rate card for fixed closing fees?
Follow the below steps to identify your Amazon rate card for fixed closing fees:
To identify your fixed closing fee, navigate to Amazon.
Navigate to Pricing & fee > Type of fees. Here, you will see all the fees charged by Amazon for each business model.
Navigate to Fee rate cards > closing fee.
Select the fee from the table according to your business model with Amazon and configure this in the Eshopbox workspace.
How to configure the fee in Eshopbox?
Navigate to Settings > Fees > Configure fee and follow the below steps to configure the Amazon closing fee in Eshopbox:
Step I - Choose a sales channel
Select ‘Amazon’ from the drop-down and click continue.
Step II - Choose fee name
Select ‘Fixed closing fee’ from the drop-down and click continue.
Step III - Define fee applicability
Configure if the fee values defined are tax inclusive or not. Select yes, if the fee amount configured in fee rules is tax inclusive. Also, select the tax percentage applicable to the fees.
Select the condition based on which Amazon charge the fee. Configure this as - fee is charged when the order is shipped and reversed fully in case of a courier return.
Step IV - Set validity period
Select the validity period according to the time for which you are configuring fees:
Select ‘Definite’ if the fee is applicable for a specific time period. Here, you would have to select the start and end date for the fee.
Select ‘Indefinite’ if the fee is applicable indefinitely. Here, you will have to select only the start date for the fee.
Step V - Configure fee rules
A fixed closing fee depends on one condition field i.e. the selling price of the product.
Configure the first fee rule (If condition):
Condition field: Select this as 'Product Selling Price. '
Condition operator: Select 'is' for this field.
Condition value: Fill INR 'start value’ & ‘end value,’ where the start of the range is inclusive, and the end of the range is exclusive.
💡 In case there is no defined price range provided by Amazon, you can leave it blank or provide the maximum selling price of the product.
Configure rule applicability (Then condition)
Apply Fees: Select flat fee from the drop-down, enter the ‘fixed closing fee amount’, and then select ‘Per Order Item’ from the drop-down.
After configuring this rule, click continue. You will be redirected to the Eshopbox workspace to upload the fee rules in bulk as shown below:
Click on the download fees button and read through the file to understand how to configure the fee rule in the CSV template. This sample file explains how to configure fee rules. Now, upload the CSV file and your fixed closing fees will be configured in Eshopbox. Eshopbox will now be able to calculate provisional fees and reconcile them against fees charged by Amazon.