For those who are not familiar, I started a series a while back called Turnover Tuesdays. Every Tuesday I like to highlight one item that I have resold. This will include profitable and non profitable sales. I hope that there is always something to learn.
The previous posts in the series can be found at the bottom of this post.
Quarter 4 Storage Fees
This year, Amazon has decided to implement a significant increase in storage fees during quarter 4. I've talked about this before but now that Q4 is coming upon us rapidly (less than 30 days until the official start but we all know that the magic doesn't start in October) it is time to really get into the details of some strategies to help minimize storage fees.
Standard size storage fees are approximately 4x the regular monthly fee and oversized storage fees are a little less than 3x the normal monthly storage fee.
Ostensibly, the increased storage fees (and decreased fulfillment fees) are to encourage you to sell inventory earlier in the season so Amazon's fulfillment centers aren't as overwhelmed or stuffed and prices remain lower for customers. That being said, I think that will partially happen. I'm not sure a ton of people will sell earlier but I do anticipate many sellers waiting longer to send inventory in to avoid/minimize the storage fees. In the end I predict Amazon to make a ton of extra money due to the storage fees and to end up with some very unhappy sellers. I'll explain that later.
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