AWS Marketplace introduces 8 decimal place precision for usage pricing

AWS Marketplace sellers can now price usage rates with up to 8 decimal places. This enhancement improves the precision of pay-as-you-go pricing where per-unit costs can be fractions of a cent ($0.00000001), enabling more accurate billing calculations for customers.

Previously, AWS Marketplace sellers were limited to using only 3 decimal places for usage pricing, restricting flexibility in pricing pay-as-you-go products. This increased precision gives sellers more control over pricing strategies. Sellers can now set more granular per-unit costs (for example, per megabyte or gigabyte), allowing for more accurate billing. This also benefits sellers operating in different currencies, allowing them to set more accurate equivalent US dollar (USD) prices in AWS Marketplace. Additionally, sellers can maintain specific profit margins with greater precision. For example, resellers can set a retail price of $0.0033 to maintain an exact 10% margin on a $0.003 wholesale price. These improvements offer sellers greater control and precision in pricing, leading to more granular rates for customers and improved profitability for sellers, especially in markets where small price differences matter.

This feature is available for software as a service (SaaS), server, and AWS Data Exchange products in all AWS Regions where AWS Marketplace is available.

To learn more, access AWS Marketplace Product Pricing documentation and AWS Marketplace API documentation. Start using this feature through the AWS Marketplace Management Portal or the AWS Marketplace Catalog API.