Amazon want to charge fees retroactively
Received email as below recently:
''titled: Selling on Amazon Referral Fee correction for Amazon.co.uk''
''Between sep/2016 and jan/2017, items sold within the Electronics Accessories Categories were charged incorrectly at the rate of 7%, rather than the correct rate of 12%
Seller Referral Fees that were incorrectly charged during this period will be posted retroactively to your Seller account. We apologize for any inconvenience this issue has caused.''
The thing is, it's for the entire 4 months, covering Xmas period, the total less charged fees are therefore huge. In my case, at least 20k. I understand Amazon wants to charge the fees back as 12% is contractual. However I doubt whether this is realistic...Many people including myself, were selling the products because of the lower commission. If you are making just 7,8% profit, this charge back will eliminate all your proceeds in 4 month time.
It makes me wonder maybe it's time to sacrifice this account, even though it's hard to set up a new one nowadays...
Any thoughts?
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