Amazon Prime Day will reportedly see grocery brands pay up for their losses

Amazon could be charging retailers for making losses on Prime Day promo

Amazon Prime Day will reportedly see grocery brands pay up for their losses

Curated via Twitter from CNET News’s twitter account….

Amazon could be charging retailers for making losses on Prime Day promo sales. 1481"}’>Amazon is reportedly charging some grocery brands an additional fee during 2019 Prime Day if their promotional sales fall short and cause a loss for Amazon.

Early Prime Day deals include sales on Amazon Music Unlimited, Fire TV Recast, the Echo Dot, the Chamberlain myQ smart garage door opener, the Amazon Cloud Cam and Apple AirPods with a wireless charging case.

Amazon is waiving the Prime Day placement fee to instead charge fees for missed promo sales across grocery stores, a report says.

"This year we’ve decided not to charge placement fees for inclusion in deal events, but instead we request our vendors to fund a [deal] if it’s unprofitable for the duration of the deal," the email from Amazon reportedly said.

Also expected to go on sale are Amazon’s full range of Echo speakers, Fire tablets, Fire TV streamers, Kindle readers and Blink cameras. iOS 13 comes with new Siri voice, dark mode, privacy features: All the new software Apple will soon deliver to your iPhone.

According to the report, though, Amazon will then waive the usual $500 placement fee to run Prime Day promotions for these grocery brands.

Link to original article….

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