In the new week, let's take a look at the Amazon information that will be available recently. Let us follow along and use Saifox ERP to do Amazon.

1. Amazon’s net loss of $2.7 billion in 2022

The latest financial report released by Amazon in the United States on the 2nd local time shows that the company's net sales growth rate in 2022 will hit a record low, with a net loss of US$2.7 billion.

The financial report shows that in the fourth quarter of 2022, Amazon's net sales were US$149.2 billion, a year-on-year increase of 9%. The company's net income was $300 million, down 98% year-over-year. Amazon's net sales in 2022 will be US$514 billion, a year-on-year increase of 9%, the lowest growth rate since the company went public. Amazon's net loss in 2022 will reach $2.7 billion, and its stock price will fall by nearly 50%.

2. Amazon European Station will adjust the sales commission on March 1

Amazon will implement the 2023 changes to European sales commissions and FBA fees on March 1, 2023 (UTC).

Amazon will continue to carry out the current sales commission discounts for clothing and accessories products of Amazon logistics: UK station: the sales commission for the part whose total sales price exceeds 40 pounds is reduced from 15.3% to 7.14%; Germany station, Netherlands station: the total sales price The sales commission for the part exceeding 45 euros is reduced from 15% to 7%; France station, Italy station, Spain station: the sales commission for the part whose total sales price exceeds 45 euros is reduced from 15.45% to 7.21%.

In addition, starting June 30, 2023, for sellers who use Amazon's VAT calculation service, the referral commission percentage will be based on the seller's listing price instead of the total sales price paid by the buyer.

3. Amazon will charge a fee for grocery orders under $150

Amazon will start charging for individual online grocery orders under $150 in the U.S., underscoring the economic challenges of getting groceries to shoppers' doorsteps. The new fee measures will come into effect on February 28. In the U.S., it will charge $9.95 for orders under $50, $6.95 for orders of $50 to $100 and $3.95 for orders of $100 to $150, Seattle-based Amazon said in an email to consumers. .

4. Amazon European Station will update the VAT calculation service policy

Amazon Europe recently announced that Amazon is updating the European VAT calculation service policy to apply business-to-business (B2B) product-specific VAT calculations to certain types of goods in the Amazon European store.

With the introduction of EU B2B product-specific VAT calculations starting February 7, 2023, Amazon will apply product-related domestic reverse taxation to qualifying sales.

5. Amazon will implement tiered fee delivery for Amazon Fresh orders

Starting in late February, Amazon will charge a delivery fee for Amazon Fresh grocery orders under $150. Prime members will pay less for groceries on Amazon Fresh, but they may incur higher service fees. Amazon said it will charge $6.95 for shipping on orders of $50 to $100, $3.95 for orders of $100 to $150 and $9.95 for orders under $50. The change will take effect from February 28.

It is understood that Amazon has previously promised that it will provide free grocery delivery for users of the Prime plan with an annual fee of $139, as long as the order price exceeds $35. Right now, free shipping is only available on orders over $150.

6. Amazon’s European export plan upgrade

Amazon European export program upgrade. Currently, Amazon has 9 European sites open to Chinese sellers (UK, France, Germany, Italy, Spain, Netherlands, Sweden, Poland, and Belgium). In addition to local sales, sellers can also open 6 of the European stations (English, French, German, Italian, Spanish, and Dutch) that already have export functions to sell products cross-border to other 30+ European countries that do not currently have Amazon sites. countries and regions.After the upgrade, Chinese sellers can expand their business to 30+ countries/regions in Europe through the Amazon Logistics Export Program, such as Austria, Switzerland, Denmark, Hungary, Portugal, Ireland, Czech Republic, Greece, etc.

7. Amazon will close the Shakopee sorting center in the United States

Amazon will close its sorting center in Shakopee, Minnesota, on March 31 and lay off 680 workers at the facility.

In a letter to the Minnesota Department of Employment and Economic Development, the company made it clear that the closure would be permanent. At the same time, a spokesperson for the company revealed that the affected workers will have opportunities at facilities elsewhere in the Twin Cities area, and the move is not intended to lay off workers. All affected employees will receive notice of separation at least 60 days prior to their termination date. At the same time, departing employees will receive all wages and other benefits to which they were entitled prior to the departure date, provided they do not resign from Amazon by the departure date.

8. Amazon Global Logistics suspends air freight services from China to Europe and the United States

Amazon Global Logistics (AGL) Notice: Decision to suspend cross-border air freight products and services from mainland China and Hong Kong to the United States and Europe (commonly known as "FBA Air Freight", or "FBA Air Freight", and "Z-Parcel Official packet"). The relevant information about the suspension of services is as follows: 1. US and European air freight product services. 2. The last booking date is February 6, 2023. 3. Other services will not be affected by this adjustment and will operate normally.

9. Amazon European Station: From February 15th, customized products are no longer eligible for return

Amazon's European station announced that starting from February 15, 2023, customized and personalized products purchased on Amazon will no longer be eligible for return.

It is understood that it is difficult for merchants to accept the return of customized products, because customized products may be difficult to reuse or resell after use. This policy will make it clear to buyers that their custom product purchases will be non-returnable and sellers will not need to manually authorize return requests.

Custom-made products that are not eligible for return include custom-made products or products that have been personalized with a custom name, design or inscription.

10. Amazon India: 50% referral commission discount for 60 days for new sellers

Amazon India announced that new sellers who enter Amazon.in from January 15, 2022 to April 14, 2022 will receive a 50% discount on sales commissions for 60 days. A referral fee is a fee a seller pays Amazon to facilitate sales on the online marketplace. Sellers can view commission changes in Manage Inventory → Discounts → Fee Preview.

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