Keep Up With Amazon & Walmart Seller News – 05.8.2024 - BellaVix

Keep Up With Amazon & Walmart Seller News – 05.8.2024

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Enhancements to FBA Low-Inventory-Level Fee: Update and Targeted Adjustments

  • Extension of Transition Period: The transition period for the FBA low-inventory-level fee has been extended through May 14, with credits for fees incurred between April 1 and May 14 to be issued by May 31.
  • Targeted Fee Application: Three additional changes have been implemented to better target low-inventory-level fees:
    • The fee will not apply to products that have sold less than 20 units in the past 7 days starting May 15.
    • Fees incurred due to excessive inbound delays caused by Amazon or Amazon-managed services will be credited back by the 15th day of the following month.
    • A time-bound exception on low-inventory-level fees will be provided for products included in Prime-exclusive Lightning Deals and Best Deals for the four weeks following Prime Day 2024.
  • Support and Resources: Sellers are encouraged to use FBA Inventory and FBA Revenue Calculator to track inventory health and estimate fees. Historical charges can be reviewed through the SKU Economics report. For more details on these changes and qualifying criteria, visit the Low-inventory-level fee page.

 

Drive Sales Globally: Introducing the Price Discounts Dashboard for eCommerce Sellers

  • Amazon has introduced a new Price Discount tool, allowing sellers to offer discounted prices globally for up to 30 days to boost sales and clear inventory. The Price Discounts dashboard provides performance metrics to analyze the impact of discounts on sales revenue, units sold, conversion rates, and more. Discounts are highlighted on product pages, and sellers can set limits on duration and quantity. This tool helps sellers manage inventory, increase sales, and gain insights into global performance. For further details, visit the Price Discounts help page.

 

Unlock Deeper Vendor Central Insights: New Features in Amazon Retail Analytics

  • Amazon Retail Analytics has introduced two powerful features to enhance data analysis:
    • Enhanced search allows sellers to filter data by product identifiers like ISBN, UPC, and EAN, enabling precise analysis tailored to unique needs.
    • View by time feature offers flexibility to group data by day, week, or month, with line graphs providing visual clarity to track metric trends effortlessly.
  • These updates aim to provide sellers with deeper insights into market patterns and aid in optimizing business strategies. Access these features on Amazon Retail Analytics to maximize sales insights.

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Enhancing Product Catalogs: AI-Driven Innovations and Evaluation Strategies

  • Amazon’s deploying AI to refine product data, undergoing rigorous A/B tests and innovative scientific methods. This aims to optimize customer experience while minimizing traditional A/B testing drawbacks. AI enhancements could boost sales for some sellers but also bring increased competition and potential changes in search rankings. Sellers must adapt to new standards, ensuring accurate product representation. However, vigilance is needed for potential AI-induced inaccuracies. Overall, it’s a push for better customer insights with careful monitoring.

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