The Amazon variable closing fee is a charge assessed by Amazon when you submit an offer to purchase and sell an item on the site. The fee varies depending on the item's condition and ranges from 0.99% to 2.50%.
For Amazon to decide on your offer, they will require information such as the price, shipping costs, and other extra charges that may apply. There is no charge for them to review your offer, but if any additional information is required, then you will be charged a Variable Closing Fee which ranges from $0.99-$2.
If you do not pay the Variable Closing Fee, then Amazon may reject your offer and add an extra fee to your purchase or sale. Fee adjustments could lead to a delay in completing your deal and may also incur additional costs for you.
The closing fee is due when you submit your offer to purchase or sell an item.
When you purchase on Amazon, you can use one or more accepted payment methods. Depending on your chosen payment method, you will be charged applicable fees at checkout.
If you purchase with a debit or credit card, you will also be charged a 2.9-3.9% fee by Visa and MasterCard, respectively.
In some cases, you can avoid paying the variable closing fee if you meet specific criteria designated by Amazon.
If these conditions are met, then Amazon will charge a lower fixed closing fee instead of a variable Closing Fee based on the amount of sales activity during the 30-day period leading up to your offer submission.
Besides the Variable Closing Fee, Amazon also charges other seller fees, including:
Shipping and handling fees can add up quickly, so calculate these before submitting your offer.
Sellers who use Amazon FBA services may qualify for discounted rates on shipping and handling for domestic and international orders.
Amazon FBA are built-in services that allow sellers to warehouse their products in Amazon's fulfillment centers and then ship these products to buyers. This saves you time and money on shipping costs and the hassle of handling returns and customer support.
If you're interested in setting up Amazon FBA services, follow these steps:
You can view all Amazon seller fees by going to the "Fees and Payment Details" section of your Seller Central account. You will see a list of all applicable fees and how much they'll cost you.