Amazon, an online shopping company, is changing how much it charges people who sell things on its website, called ‘Amazon.in’. These changes will start on April 7th.
They are adjusting fees like referral fees, closing charges, and fees for handling heavy items to match what other companies are doing and to keep up with the cost of things going up.
The changes are because of things like inflation (when prices for things go up), interest rates (how much it costs to borrow money), and how much it costs to run the business.
They are making some fees lower for items like clothes, bedsheets, and kitchen stuff, but higher for things like science equipment, chimneys, laptop bags, and tires.
Also, they are making the closing charge a bit more expensive for items that sell for more than Rs 1,000 on average.
And they’re adding Rs 2 to the handling charge for heavier items because transportation costs are going up.
Someone from Amazon India said that they hope these changes will help make the marketplace stronger and make it easier for small and medium businesses to sell online and become well-known brands.
They want ‘Amazon.in’ to be the best place for selling things in India.
