There have been several announcements regarding the FBA program recently, so we’ve compiled a quick overview to keep you informed.
Long-Term Storage Fees
Slow-moving inventory can really cost you. It affects how quickly you can invest in other products, as you have too much capital tied up in it. If you are an FBA seller, it could also lead to long-term storage fees. Each year, long-term storage fees are assessed on February 15th and August 15th.
If you have FBA inventory that will be affected by these fees, you have a few options:
- Pay the fees
- Pay the return fee to have the items sent back to you
- Pay a fee to have Amazon dispose of the items
Of course, you may be able to offer a discount to get those items moving a little faster before August 15th. Note that if you file a removal order for any ASINs prior to August 15, 2017, you will not be able to sell those ASINs through FBA for Q4. You will be unable to send in additional units of those ASINs before January 1, 2018. Not sure if your ASINs will be affected? Check the FBA Inventory age report in the Inventory Planning tab of your Seller Central dashboard.
Free FBA Storage
Sellers who are adding new-to-Amazon ASINs to their inventory this quarter may be eligible for free storage. To qualify, merchants must create listings for the new ASINs in qualifying product categories and ship the items to FBA centers between July 15 and September 30, 2017. The FBA program will reimburse sellers for storage fees up to $50 for those ASINs until September 30, 2017. To learn more about this promotion, including eligible categories, click here.
New Listing Requirements
Do you sell products that contain or include batteries? What about items that might be classified as dangerous goods or hazardous materials? If you answered “yes” to either of these questions, you’ll be seeing some changes to the FBA listing process. Starting in July 2017, Amazon is asking for additional information about these products, such as technical details for batteries and information about product characteristics for dangerous goods. If you fail to provide this required information, you will not be able to convert affected listings to the FBA program. Listings that have already been converted to the FBA program are not affected by the change at this time.
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