Egypt – FBS Fees with description and examples

Souq Egypt FBS Fees including fulfillment, closing and storage/LTSF fees – with description and examples

Souq Egypt FBS Fees Overview: Fulfillment, Closing, Storage, and Long-Term Storage Fees: 

 

1- FBS Fulfillment Fees

FBS sellers will be charged a fulfillment fee (per item sold) that varies by size (as shown below categories are split into Small, Medium and Large). 

FBS fulfillment fees

Item size

Fees (per item) Effective September 1, 2020

Small

4 EGP

Medium

6 EGP

Large

17 EGP

 

Size guide

Size

Category 

Size

CE

 

Camera

Small

Electronics

Medium

Televisions

Large

Electronics Accessories

Small

Mobile Phones

Small

Musical instruments

Medium

Office products

Medium

Personal Computers

Small

Wireless & Portable Audio

Small

Consumables

 

Baby

Small

Beauty

Small

Grocery

Small

Health & Personal care

Small

Perfumes

Small

Personal care Appliances

Small

Pet Products

Small

 Home & Leisure

 

Automotive

Medium

Furniture

Medium

Home

Medium

Kitchen

Small

Major appliances

Large

Outdoor

Medium

Small Appliances

Small

Sports

Medium

Stamps & Collectibles

Small

Tools & Home Improvement

Medium

Toys & Games

Small

Media

 

Books

Small

DVD & Video

Small

Gift card

Small

Music

Small

Video Game Consoles

Medium

Video Games

Small

Softlines

 

Apparel

Small

Jewelry

Small

Luggage

Small

Shoes

Small

Watches

Small

Other

 

All other

Small

 

 

2- FBS Closing Fees

FBS sellers will be charged a closing fee (per item sold) for items below 50 EGP. However, we are currently running a promotion removing all FBS closing fees as per below.

FBS closing fees

Item price

Fee 

Fee under promotion effective September 1, 2020 *

<50 EGP

5 EGP

0 EGP

>=50 EGP

0 EGP

0 EGP

 

*This promotion is planned to run till August 31st 2021

3- FBS Storage Fees

FBS sellers will be charged Storage Fees (per cubic foot of inventory per month). To help you manage your inventory, we have launched reports on Seller Center displaying item level aging and cubic foot data. 

Examples below outline how the storage fee is calculated. 

FBS storage fees

Storage fee for all inventory

Fee effective September 1, 2020

Frequency

All inventory 

4 EGP per cubic foot

Monthly

 

  1. FBS Long-Term Storage Fees 

FBS sellers will be charged Long Term Storage Fees (per cubic foot of inventory per month). The long-term storage fee will only be applied to items aged above 180 days, in addition to the monthly storage fee. To help you manage your inventory, we have launched reports on Seller Center displaying item level aging and cubic foot data. Examples below outline how the storage fee is calculated. 

FBS long term storage fees

Long term storage fee for aging inventory

Fee effective September 1, 2020

Frequency

Items aging above 365 days 

40 EGP per cubic foot

Monthly

 

Calculating cubic feet from centimeters

  1. Multiply length x width x height in centimeters to get the volume.
  2. Divide the volume by 28,317 cubic meters (30.5 x 30.5 x 30.5 cm = 28,372.6 cm3 divided by 28,317 = 1 cubic foot).

Example: A unit measuring 47 x 12 x 10 centimeters divided by 28,317 = 0.2 cubic feet.

 

FBS Fee Examples

SD Card

Category: Electronics Accessories

Product Size: Small 

Dimensions: 3.2 x 2.4 x 0.2 cm = 1.54 cm3 divided by 28,317 = 0 cubic ft.

Inventory Age: 60 days

 

Fee type

Fee

FBS Fulfillment Fee (per unit sold)

4.0 EGP

Storage Fee (per month per unit)

0 EGP

Long Term Storage Fee (per month per unit)

0 EGP

 

Toaster

Category: Small Appliances

Product Size Tier: Small
Dimensions: 25.5 x 18.5 x 17 cm = 8,019.8 cm3 divided by 28,317 = 0.283 cubic ft.
Inventory Age: 210 days

Fee type

Fee

FBS Fulfillment Fee (per unit sold)

4.0 EGP

Storage Fee (per month per unit)

1.1 EGP

Long Term Storage Fee (per month per unit) 

0 EGP

 

Wooden Cabinet

Category: Furniture

Product Size Tier: Medium
Dimensions: 74 x 56 x 32 cm= 132,608 cm3 divided by 28,317 = 4.68 cubic ft.
Inventory Age: 98 days

Fee type

Fee

FBS Fulfillment Fee (per unit sold)

4.0 EGP

Storage Fee (per month per unit)

18.7 EGP

Long Term Storage Fee (per month per unit)

0 EGP

 

Book

Category: Media

Product Size: Small 

Dimensions: 20.2 x 15.2 x 1.3 cm = 399 cm3 divided by 28,317 = 0.01 cubic ft.

Inventory Age: 400 days

 

Fee type

Fee

FBS Fulfillment Fee (per unit sold)

4.0 EGP

Storage Fee (per month per unit)

0.1 EGP

Long Term Storage Fee (per month per unit)

0.6 EGP

 

Toy

Category: Consumables

Product Size: Small 

Dimensions: 27.9 x 20.3 x 5.1 cm = 2,888 cm3 divided by 28,317 = 0.1 cubic ft.

Inventory Age: 370 days

 

Fee type

Fee

FBS Fulfillment Fee (per unit sold)

4.0 EGP

Storage Fee (per month per unit)

0.4 EGP

Long Term Storage Fee (per month per unit) 

4.0 EGP

 

Frequently Asked Questions:

Q: How are monthly storage fees calculated?

A: Storage fees are based on the daily average volume (measured in cubic feet) for the space your inventory occupies in fulfillment centers. The volume measurement is based on unit size when scanned upon inbound at our fulfillment centers. Items stored in fulfillment centers will be charged a monthly storage fee. Monthly inventory storage fees typically are charged and invoiced during the first week of the following month for which the fee applies. For example, your storage fee for March, will be invoiced during the first week of April. The storage fee invoices will be available in Selling Center.

 

Q: How are monthly long-term storage fees calculated?

A: The long-term storage fee is in addition to the monthly inventory storage fee. Assessment is based on the date an item is received in the fulfillment center. On the last day of each month, Fulfilled by Souq (FBS) conducts an inventory cleanup. On this date, inventory that has been in fulfillment centers for more than 365 days on the inventory cleanup date incur a long-term storage fee 40 AED per cubic foot in Egypt. 

 

Q: What if I sell an item before the end of the month?

A: Storage fees are based on average daily volume, and if an item is sold before the end of the month it will only be charged for the number of days it was in our fulfillment center. Long term storage fees are calculated on the last day of each month, if an item is sold before the assessment date it will not be charged a long term storage fee.

 

Q: I don’t know the volume of my items, how will it be calculated?

A: Upon inbounding items into our fulfillment centers, we will scan each of your items. The cubic volume along with inventory aging details will be available in Selling Center at an ASIN level. 

Q: I have other specific questions regarding FBS fees, whom do I reach out to?

A: Please contact us at feeannouncefeedback@souq.com

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