In a day when Amazon Inc (NASDAQ:AMZN) share price hit all time high of 2,283.78 USD +114.90 (5.30%) its affiliates (Amazon associates) received a cold shower notification.
Amazon announced today that it is changing its program fee rates for 8 categories. Among others hese categories include Furniture, Home Improvement, Grocery, Sport and Amazon Fresh.
Following is the table with categories and changed fees.
|Product Category||Changed Fixed Standard Program Fee Rates|
|Furniture, Home, Home Improvement, Lawn & Garden, Pets Products, Pantry||3.00%|
|Headphones, Beauty, Musical Instruments, Business & Industrial Supplies||3.00%|
|Health & Personal Care||1.00%|
These changes will take effect on April 21, 2020. Affiliates promoting the first category in the table will lose the most as Furniture and Home Improv. category used to pay 8% per eligible sale.