Am I being stupid here?
Over £1100 in sales yet only received £572 from Amazon?
It’s a fairly newish update with seller central. Amazon now hold your sales for 7 days before releasing it to your balance.
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It’s difficult to understand on purpose. So they can gaslight you into thinking you’re doing well. When all you’re actually doing is constantly filling up their bank balance. So they can rip you off more and more with other secret charges they have. Ultimately you’re subsidising their low prices while they gouge all of your money and you’re doing all of the work. They also get free warehouse storage out of you because you work for them. Modern day Feudalism.
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This is FBM, I’m totally clueless as to why I’ve had such little funds. There is no way Amazon can keep the 600 odd missing?
I’m guessing it will come to my bank account at some point? If not I’m closing down Amazon.
So true, in all my 20 years of selling on Amazon I have never known the fee percentage to be so high. I don’t do PPC but the amount of money Amazon now takes is eye watering. Even with my well established business, it’s starting to look like the hassle and the fees are just not worth it.
BTW the answer is that the transactions are deferred and in you’re account reserves.
Honestly, yes, you will get the money.
Just wait a while. Good feedback helps with this. I have a zero-level reserve.
Look at transactions, I suspect you have a lot of “deferred”.