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Read onlyI just spent 3 hours looking for the answer, so I’m resorting to asking here.
It may not seem like a big issue for some of you, but for me this may be the difference between food and no food - I have to plan a lot out carefully. But I recently opened a Handmade account, and I would like to branch out as I also publish books and thought I could add some of the books to the account. (Amazon Advantage isn’t very advantageous I have found.) I do not intend to be a high volume seller.
but I need to know WHEN the seller fee comes due. Is it mid-month? Am I able to arrange for it to be the beginning of the month? Living on a budget, y’know.
I didn’t want to contact Amazon on the matter before trying to find the answer myself. Which I haven’t been able to do.
Are you asking about the $39.95 monthly payment? My most recent were May 26th, July 9th, and July 21st.
If you are an individual seller, there is no monthly fee. Your 99 cent per sale fee - and all other fees are subtracted when the item is shipped. I believe that you get disbursements every week ( but it has been a long time since I was on the individual plan, so I could be wrong )
If you are really looking at the possibility of not having enough food, may I suggest that publishing is not a good use of your time. It is a high-risk, modest reward business.
I’d set the publishing aside and get a job at a fast food place.
Or check local food banks. Get food stamps. Nobody should starve in this country if they know how to use the system.
contacting amazon is the wrong way to go. are you individual or pro account? only pro accounts have the possibility of phone support.
being handmade you should be shipping yourself so the fees come out as items sell. learn about amazon shipping and the protection it provides for lost in transit items. individual plans pay $0.99 per order, and pro sellers pay $40 per month.
you can find all the fee schedules in the help pages.
also read up on the payout schedule and the unavailable balance that amazon runs on.
read all the threads here and you will learn a lot.
My last 3 “subscription fee” payments for my Professional selling plan ($39.99/mo) were withdrawn on the 12th of June, July, and August. It is very possible that this schedule varies for each Seller.
Are these the “seller fees” you mean? Or do you mean the various fees due to Amazon in the course of a sale?
My seller fees are charged to my payments account the same day each month.
If there is a balance on the payments account they are deducted from the next disbursement.
If you do not have a balance in your payment account awaiting disbursement within a payment period, you should probably not be an Amazon seller at all.
but I need to know WHEN the seller fee comes due. Is it mid-month?
Amazon doesn’t operate as straightforward as you might think.
Fees - whether the selling fee applied to each individual sale, or the monthly pro account subscription fee (39.99, only if you have a professional selling account) are deducted from your Amazon balance as they occur.
When you have a sale, Amazon will calculate how much you should get paid after deducting all fees, and the cost of any shipping labels you buy through their system, and they will add that amount to your Amazon balance. This happens for each sale, so if you sell at least one item a day, your Amazon balance will change daily.
The more important question for someone on a budget is when, and how much, of your Amazon balance will be transferred to your bank account. I’m not an individual seller, so don’t have a detailed understanding of how that all works, but in general, Amazon withholds a portion of your ‘Amazon balance’ (consider this sales proceeds minus applicable fees minus costs of shipping labels) in “reserve”. They hang onto this for a while to have funds to cover any buyer complaints about damaged or not delivered product.
After the reserve holding period expires, those funds are released to you and transferred to your bank. Since you can’t pay your bills with funds Amazon is holding in reserve, it’s important to understand how much you’ll receive in your scheduled transfers.
Here’s an example - all amounts are estimates to make the math easier. Say you sell an item for $10. Amazon takes $1.50 in fees, leaving you $8.50. You buy a shipping label through Amazon for $3.50, payment is deducted from your Amazon balance, leaving you with $5.
Repeat 20 times and your Amazon balance will be $100.
Amazon may hold $60 of that in reserve, so when your transfer date comes, $40 will be transferred to your bank. After time passes and Amazon sees that your first batch of sales were successful, they will release the $60 they were holding to cover any potential problems and it will be added to the amount transferred to you in the next cycle.
I thought the Handmade Account came with a free Pro Account that AMZ had waived the Pro Fee. This is only my understanding as I am not in Hand made.
On your monthly anniversary date. So if you signed up on the 25th of march it will be the 25th of every month.
I don’t believe this fee ($39.95) is deducted on the same day for everyone, it varies. It’s deducted from your sales. I don’t know what happens if your sales are below that fee amount. I would guess your CC gets dinged for it. I don’t know. Good luck to you, keep your head up!
Thanks guys. So now all I have to do is figure out just when is my monthly anniversary date and adjust from there.