Amazon waives monthly storage fees! No worries about new products in the second half of the year

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2019 is really a window period for Amazon sellers. Not only did Amazon lower its commissions and long-term storage fees in February, but governments around the world also began to suppress Amazon's unfair terms for sellers.

Today, Xiaofensheng brings you super good news, and it is a universal benefit that everyone can use.

— — Amazon directly waives monthly storage fees

Different from the long-term storage fee mentioned above, the monthly storage fee is the major FBA fee that every FBA seller needs to pay. As long as there are goods stored in the FBA warehouse, the monthly storage fee will be incurred.

So Amazon's policy of waiving monthly storage fees is really a very exciting one, but is it really so generous? Let me explain it to you.

This time, the monthly storage fee exemption is not for all inventory, but for all newly created Asins from the policy update (18th) to the end of the event (September 30th).

Of course, not all inventory of all newly created Asins during this period can be exempted from monthly storage fees. Only the first 100 newly created Asins can participate in the event, and each Asin participating in the event can only be exempted from storage fees for the first 50 pieces of inventory sent to the FBA warehouse.

These newly created Asins also need to meet the following conditions to participate in the event

1. Inventory performance must be higher than 350 points when participating in the event (it will not be affected if it drops below 350 points after participating in the event)

2. Small standard size and large standard size products

3. Products must belong to the following categories

The above standards are not difficult, and basically cover 80% to 90% of the sellers. Judging from the content of the policy, this preferential policy is aimed at sellers testing new products.

The first 50 items of newly created ASINs are exempt from storage fees. This is obviously to reduce the cost pressure of sellers testing products , so that everyone can develop more high-quality products before the peak season at the end of the year. Although it cannot reduce the monthly storage fees of existing mature products, it is still a very attractive activity.

Sellers who want to participate in the monthly storage fee exemption event should pay attention to the following points:

1. It doesn’t mean that products exceeding 50 pieces cannot be shipped. You can send new product inventory at will. Amazon will only waive the storage fee for the first 50 pieces of inventory.

2. Only the parent ASIN can participate in the event, and all the child ASINs under this parent ASIN share 50 free storage fee stocks. So everyone should try to release some new products with fewer variants, so that more stocks can be allocated to each variant.

3. The monthly storage fee exemption will be realized at the end of the month and will be waived when the storage fee is paid in the next month.

4. The European and Japanese sites are also conducting this activity simultaneously , but the policies are slightly different. Because these two sites do not have inventory performance, there is no 350-point limit. Sellers who use the FBA professional sales plan can participate .

At the same time, the European site needs to be a new product ASIN in all five sites to participate. The Japanese site will only exempt the first 30 new product stocks that enter the warehouse (the European site and the US site are both 50)

Finally, what if the sales of the new products tested are not ideal, resulting in a lot of inventory backlogs? What if there is another huge cost after the exemption period? Amazon has also taken this into consideration. All inventory products participating in the event can be removed for free from July 1 to the end of the event from September 30, and Amazon will not charge removal fees for these inventories.

From exempting monthly warehousing for new products to inventory removal fees, it can be said that the cost pressure of sellers testing new models has been reduced to a great extent. Combined with the commission rate after the reduction in February, it has given sellers more direction and motivation to develop new products.

Although the entry threshold for this program is very low, you still need to sign up, and then Amazon will return an email to notify you whether you have successfully participated after a simple review . The registration entrance can be found in the background, and students can also scan the code to ask me for it ~

PS. If you want to join the seller discussion group, you can also private message me to let me add you to the group

Source: Cross-border Business School

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