Ecommerce news: Etsy price increase and Amazon Australia Prime
Etsy price increases and monthly subscriptions
Etsy has announced that they will be increasing transaction fees from 3.5% to 5%, coming into effect on 16 July 2018. The transaction fee will now also apply to the cost of shipping.
Etsy’s also offering advanced tools, as part of a new monthly subscription, however, the current Etsy tools will still be available at no additional cost:
- Standard - current tools, no monthly cost
- Plus - coming in July, £7.60 per month (increasing to £15.10 per month in January 2019)
- Premium - Full set of advanced tools, launching in 2019.
Read the full announcement about price changes and subscriptions from Etsy here.
Amazon Australia Prime launch
Amazon has launched Prime for its Australian site, with a yearly subscription costing A$59.
The cost of Amazon Australia Prime is considerably less than in other countries, and includes free two day delivery for local items within Sydney, Melbourne, Brisbane, Perth, Adelaide and a few other cities. It also includes free international delivery for orders over A$49 from Amazon.com, however Amazon recently announced that they would be banning Australians from buying on Amazon.com at the beginning of July.
International sellers will need to store their stock in Amazon’s Australian warehouse to be eligible for Prime deliveries.
Learn more about Amazon Australia Prime here.