Keep Up With Amazon & Walmart Seller News – 10.02.2024 - BellaVix

Keep Up With Amazon & Walmart Seller News – 10.02.2024

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Streamline Social Commerce Fulfillment with Amazon’s MCF and FBA Inventory Integration

  • Amazon’s Multi-Channel Fulfillment (MCF) can now automatically fulfill orders from social platforms like TikTok, Instagram, and Pinterest using FBA inventory. This development offers a seamless way for sellers to manage social commerce orders and maintain accurate inventory tracking.
  • Key Considerations for eCommerce Sellers:
  1. Integrations Matter: Use tools like WebBee, LINGXING, or Connector by Silk for smooth inventory management and order processing.
  2. Efficiency Boost: These integrations allow faster fulfillment while keeping inventory aligned across platforms.
  3. Next Steps: Evaluate your current social commerce strategy and consider integrating MCF to streamline operations. Use Amazon’s MCF Integration Selection Tool to find the best fit.
  • Action Item: Explore how MCF integrations can enhance your fulfillment process across social channels.
  • This summary focuses on what matters most for sellers looking to optimize their fulfillment workflows across multiple channels.

Unlock More Sales with Simultaneous Subscribe & Save and Reorder Coupons

  • Amazon now allows sellers to offer both Subscribe & Save and Reorder coupons simultaneously on the same ASIN. Previously, only one coupon could be active per ASIN, and overlapping promotions led to suppression of one. Now, eligible customers can choose between a discount on a one-time purchase with a Reorder coupon or a subscription with a Subscribe & Save coupon.
  • Key Considerations for eCommerce Sellers:
  1. Increased Sales Opportunities: Offering both coupon types can attract a broader audience by catering to both one-time buyers and repeat customers.
  2. Better Customer Experience: Customers can select the discount type that best suits their purchasing needs.
  3. Next Steps: Review your coupon strategy and consider running both Subscribe & Save and Reorder coupons on eligible ASINs.
  • Action Item: Start creating simultaneous coupons for Subscribe & Save and Reorders to maximize sales on high-performing ASINs.

2024 Holiday Peak Fees: Prepare for Seasonal Fulfillment Costs on Amazon FBA

  • Amazon has announced the holiday peak fulfillment fees for the 2024 season, which will be in effect from October 15, 2024, to January 14, 2025. These fees, designed to cover increased fulfillment and transportation costs during the busy shopping season, are similar to those of other major carriers.
  • Key Considerations for eCommerce Sellers:
  1. Fee Overview: The holiday peak fulfillment fee applies to all products across US FBA, Canada FBA, North America Remote Fulfillment, US Multi-Channel Fulfillment, and Buy with Prime.
  2. Impact on Low-Priced Items: Products under $10 in US FBA will incur a new peak fee in 2024.
  3. Cost Comparison: Despite the seasonal increase, Amazon’s FBA fulfillment fees remain approximately 70% less than similar two-day shipping options offered by other logistics providers.
  • Next Steps: Review the detailed fee structure by size and weight using the provided links to assess the impact on your holiday season pricing and profitability.
  • Action Item: Plan your inventory and pricing strategy for the holiday season, keeping in mind the peak fees to maintain margins.

Product-Listing-Compliance-Requirements

New Product Listing Compliance Requirements Effective September 30, 2024

  • Starting September 30, 2024, Amazon will require product compliance documents to be submitted and approved before listing new products. This update ensures that products meet all regulatory and safety standards, but existing listings will not be affected. Compliance documentation must be submitted through the Manage All Inventory
  • Key Considerations for eCommerce Sellers:
  1. Pre-Listing Requirement: New products will not be listed without the necessary compliance approvals.
  2. No Impact on Existing Listings: This change only applies to new listings; current products won’t be impacted unless compliance information is requested.
  3. Proactive Documentation: Sellers should prepare and submit compliance documents early to avoid delays in listing.
  • Next Steps: Familiarize yourself with the compliance requirements for your product categories and ensure all necessary documents are ready before listing new products.
  • Action Item: Check your inventory and submit compliance documents via the Manage All Inventory tab to stay compliant with Amazon’s updated policy.

Update to Amazon’s Fund Withholding Policy, Effective October 9, 2024

  • Amazon is renaming and updating the Fund Withholding Policy, now called the Funds Disbursement Eligibility Policy, to improve transparency. Key changes include:
  1. Enhanced Transparency: Clarifies why Amazon may withhold funds, outlines steps for appealing disbursements, and provides examples of activities that may lead to withholding funds.
  2. Appeal Timeline: The time to appeal disbursements has been reduced from 90 days to 60 days following deactivation.
  3. Accessibility: A link to the updated policy will be available on the Program Policies page.
  • Key Considerations for eCommerce Sellers:
    • Clarity on Disbursement: Sellers now have a clearer understanding of why funds may be withheld and how to appeal.
    • Faster Appeal Process: Act quickly, as the appeal window is now reduced to 60 days.
    • Next Steps: Review the updated policy and ensure you understand the appeal process if you ever encounter fund withholding.
    • Action Item: Familiarize yourself with the Funds Disbursement Eligibility Policy and adjust your internal processes accordingly.

Reduce Product Returns with Insights from Amazon’s New Returns Tab in Product Opportunity Explorer

  • Amazon has introduced a new Returns tab in the Product Opportunity Explorer to help sellers understand top reasons for product returns. This tool enables sellers to proactively address customer concerns, identify product design flaws, or spot seasonal return trends. By analyzing this data, sellers can make improvements to reduce return rates and increase customer satisfaction.
  • Key Considerations for eCommerce Sellers:
  1. Proactive Insights: Identify common return reasons to prioritize product enhancements and reduce return rates.
  2. Customer Satisfaction: Use the insights to improve product design and offerings, driving higher customer satisfaction and fewer returns.
  • Next Steps: Utilize the Returns tab to review your products’ return trends and take corrective actions where necessary.
  • Action Item: Access the Product Opportunity Explorer via Seller Central to analyze return data and make informed product improvement decisions.

Reduce-Product-Returns-

Amazon Enhances Security by Removing Inactive Secondary Users from Seller Central Accounts

  • To enhance security, Amazon will begin automatically removing secondary users who have been inactive for more than 12 months from Seller Central accounts. This quarterly cleanup will ensure better protection of your account and data.
  • Key Considerations for eCommerce Sellers:
  1. Improved Security: Removing inactive users minimizes the risk of unauthorized access or security breaches.
  2. Simplified Permissions: This helps streamline account management and ensures only necessary users have access.
  • Next Steps: Regularly review and update your account’s user permissions to ensure active users have the correct access.
  • Action Item: If a removed user still requires access, you can re-add them through the Set and Edit User Permissions feature in Seller Central.

 

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