Author Topic: 2018 Amazon Free inventory removal for a limited time  (Read 285 times)

0 Members and 1 Guest are viewing this topic.

Southern Jewel's Fab Finds

  • Administrator
  • Master Motivator
  • *****
  • Offline Offline
  • Posts: 17314
  • Southern Jewel's Fab Finds
    • Pinterest
    • View Profile
    • Southern Jewel's Fab Finds
2018 Amazon Free inventory removal for a limited time
« on: April 18, 2018, 09:21:30 PM »

Hello from Fulfillment by Amazon,

On March 1, 2018, we announced changes to our monthly and long-term storage fees. This included a new storage limit policy, which states starting July 1, 2018, sellers with an Inventory Performance Index (IPI) below 350 may be subject to quarterly storage limits. Removing excess and aged inventory may help you reduce storage costs and improve your IPI.

Therefore, starting today, April 18, 2018, for a limited time, FBA will waive your removal fees for any removal order that you submit for inventory that you have in our US fulfillment centers.
 
To take action, in Seller Central, go to Manage Excess Inventory (Pro sellers) or FBA Inventory Age (Individual sellers). Then choose Create removal order from the menu next to any FBA item in your inventory.
 
If you remove inventory during this promotion, you will not be able to send us more units of the ASINs you remove until either:

    August 1, 2018, when these restrictions will be lifted


OR

    When your inventory level for the removed ASINs falls below our projection of your sales for the next eight weeks based on your average sales rate for the removed ASINs during the preceding 90 days

Note that removals during peak and promotional periods can take longer to process than the standard 10 to 14 days. Learn more about free removals.

If you have inventory for an ASIN that is slow-moving or has not been selling, take advantage of this opportunity to remove it for free and avoid paying additional storage fees for it. This promotion will run for a limited time, and after it ends, standard removal-order fees will apply.

Learn more at Remove inventory from fulfillment centers.

Thank you for selling on Amazon.

Sincerely,

The Fulfillment by Amazon team



uncleleroy

  • Advanced Seller
  • Champion Counselor
  • ****
  • Offline Offline
  • Posts: 631
    • View Profile
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #1 on: April 19, 2018, 10:37:19 PM »
$*^&#**#!

I just did a huge removal order on the 17th.

Southern Jewel's Fab Finds

  • Administrator
  • Master Motivator
  • *****
  • Offline Offline
  • Posts: 17314
  • Southern Jewel's Fab Finds
    • Pinterest
    • View Profile
    • Southern Jewel's Fab Finds
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #2 on: April 20, 2018, 10:20:22 AM »
I ALMOST did a removal last week.
Our accountant wanted to research the process of how Amazon calculates long term storage fees vs would it benefit me to keep them in the warehouse.

Benefit?

Pulling out inventory last year and resending it in before the holidays saved me money on storage fees.
But it almost caused us to pay higher $$ taxes.

I didn't spend as much on inventory during the holidays because I had this inventory I could just resend into the warehouse.

Once again...It almost caused us to pay higher $$ taxes.
Either I need to spend my normal amount on inventory to sell or leave the items in FBA and have it work out in the wash.

Sounds crazy?
Yep.

His busy season is almost over and we have a meeting soon.


uncleleroy

  • Advanced Seller
  • Champion Counselor
  • ****
  • Offline Offline
  • Posts: 631
    • View Profile
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #3 on: April 20, 2018, 05:51:08 PM »
Don't forget that later this year the new LTS fees will be in effect when they are charged monthly. LTS fees for products in Amazon warehouse over one year will be charged 50 cents per unit per month.

uncleleroy

  • Advanced Seller
  • Champion Counselor
  • ****
  • Offline Offline
  • Posts: 631
    • View Profile
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #4 on: April 20, 2018, 05:52:35 PM »
And I just did another removal order. Free removal of inventory... can't beat that. Saved myself over $650 so far. May get bold and remove some more.

Southern Jewel's Fab Finds

  • Administrator
  • Master Motivator
  • *****
  • Offline Offline
  • Posts: 17314
  • Southern Jewel's Fab Finds
    • Pinterest
    • View Profile
    • Southern Jewel's Fab Finds
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #5 on: April 20, 2018, 08:58:05 PM »
Don't forget that later this year the new LTS fees will be in effect when they are charged monthly. LTS fees for products in Amazon warehouse over one year will be charged 50 cents per unit per month.

I know, I know.
It's getting crazy.

My son and his wife had hoped to get back into Amazon this summer but after viewing the new fee's they both said... No Thank You!
And it was just 3 years ago they were selling and were quite successful.
Life came fast and a second child...they took a break.
And now, the same ole Amazon isn't the same ole Amazon.

uncleleroy

  • Advanced Seller
  • Champion Counselor
  • ****
  • Offline Offline
  • Posts: 631
    • View Profile
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #6 on: April 22, 2018, 03:55:37 AM »
I'm always looking at some of my competitor's inventory amounts (FBA) and can't believe the amount of Christmas stuff the sellers still have. These are smaller companies (if rate of feedback is any indication) and I don't think they know/care about the cost of storage. It will be interesting to see if they remove any Christmas stuff from inventory or if they will just let it sit...and sit...and sit.

I've done a lot of culling... it's always a continuous process. I've let it go for the last few months while tax season was in full swing. Now that I'm done, I've been trying to make up for lost time. The free removals sure came in handy at the right time for me. I don't know if I would have had a clear-enough head or time to really just suck up some losses and pull stuff. They'll sell better during the holidays this winter anyways.

Southern Jewel's Fab Finds

  • Administrator
  • Master Motivator
  • *****
  • Offline Offline
  • Posts: 17314
  • Southern Jewel's Fab Finds
    • Pinterest
    • View Profile
    • Southern Jewel's Fab Finds
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #7 on: April 24, 2018, 09:37:35 AM »
270+ items removed yesterday.
Glad I was able to get the removal before Seller Central went down for hours and hours and hours.
And still down for some.

Southern Jewel's Fab Finds

  • Administrator
  • Master Motivator
  • *****
  • Offline Offline
  • Posts: 17314
  • Southern Jewel's Fab Finds
    • Pinterest
    • View Profile
    • Southern Jewel's Fab Finds
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #8 on: April 25, 2018, 10:35:26 AM »
More late yesterday removed.
I'm taking screen-shots of every removal with date/time of removal request.
Normally, there is a notice that there is free removal noted on the last page, this time nada.
Same ole message as has normally there referring to charges that pertain to removal.

Covered myself by screenshots.
Fingers Crossed. 

uncleleroy

  • Advanced Seller
  • Champion Counselor
  • ****
  • Offline Offline
  • Posts: 631
    • View Profile
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #9 on: April 25, 2018, 02:11:39 PM »
You should be okay and not be charged for the removals.

Southern Jewel's Fab Finds

  • Administrator
  • Master Motivator
  • *****
  • Offline Offline
  • Posts: 17314
  • Southern Jewel's Fab Finds
    • Pinterest
    • View Profile
    • Southern Jewel's Fab Finds
Re: 2018 Amazon Free inventory removal for a limited time
« Reply #10 on: April 25, 2018, 09:33:39 PM »
As of this evening, I am seeing the message in bold across the top of my excess inventory page that states FREE REMOVAL.

Screenshots are equal to Covering my arse.

  

Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf