Amazon sharply cuts rates for its affiliates.

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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 CategoryChanged Fixed Standard Program Fee Rates
Furniture, Home, Home Improvement, Lawn & Garden, Pets Products, Pantry3.00%
Headphones, Beauty, Musical Instruments, Business & Industrial Supplies3.00%
Outdoors, Tools3.00%
Grocery 1.00%
Sports3.00%
Baby Products3.00%
Health & Personal Care1.00%
Amazon Fresh1.00%

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.