Amazon.com (NASDAQ: AMZN) is reducing the commissions it pays to affiliates by up to 80%.
The company sent an email to members of the Amazon Associates program today with the subject line “Upcoming Program Operating Agreement Update.”
The email starts with, “We hope you are staying well during this time” before laying a bomb on website owners that make money by referring customers to Amazon. Actually, the email doesn’t mention that rates are being slashed. Instead, it just informs people that changes are coming to the affiliate agreement and to click a link to see the changes.
Below is a chart comparing the old commission rates to the new ones, which go into effect April 21.
Many website owners rely on Amazon’s affiliate program to monetize their websites. Affiliates already hurting from the pandemic now have more wounds to lick.