Amazon Is Slashing Commission Rates for Its Affiliate ProgramThe commission rates will change starting on April 21st.
This story originally appeared onEngadget
Amazon's affiliate program members are getting less money starting on April 21st. According toCNBC, the e-commerce giant has notified Amazon Associates — affiliates that link to products on its website in exchange for a percentage of the sales — that it's slashing commission rates across various categories. Thechangesare quite significant in some cases: The furniture and home improvement category's affiliate cut fell from 8 percent to 3 percent, for instance, while grocery items' commission rate is now down to 1 percent from 5 percent.
As you can tell, it could have a huge impact on websites, including media outlets, that rely heavily on Amazon's affiliate program to make money. The company spokespersonCNBCtalked to wouldn't say whether the changes were made in response to COVID-19. But as the publication notes, there have been quite a few changes to Amazon's operations due to the pandemic.
The company had tofocuson shipping medical and cleaning supplies due to the outbreak. It also had tohire100,000 warehouse and delivery workers to keep up with the demand now that people are turning to online shopping while stuck at home. More recently, itextendedits return policy window for shoppers and improved its safety measures after workersprotestedabout the lack of adequate protective gear against the disease.