| If you're an Amazon FBA seller, you've probably encountered some product supply issues, especially as of late. The FBA program was established to resolve storage and shipping obligations helping alleviate tasks for the seller. However, even with the FBA program, you're still required to monitor and replenish your inventory headed to the fulfillment centers. Amazon has recognized this as an opportunity in the supply process launching a service called Upstream Storage, also referred to as STAR. With this set in place, the system will automatically replenish your low inventory from this service to Prime-ready fulfillment centers. In an article from Business Journal, keen observers found that Amazon built inbound receiving stations to house the Upstream centers. As an alternative to third-party storage solutions, these storage centers will act as a low-cost bulk storage system, helping address supply chain hiccups and making fulfillment centers more efficient. Avoid missing sales opportunities because of logistical issues. Gone are the days of stressing over constant inventory replenishments, and say hello to a new streamlined process. With the Upstream Storage for FBA, you can rely on STAR when your inventory runs low, especially during critical sales events. |
| Amazon Seller Central announced upcoming changes in their fees for 2022. It highlights fee updates in fulfillment, monthly storage, aged inventory, referral, removal and disposal order, and small and light fulfillment. The fees were introduced after the continuous rise in transportation costs, infrastructure, technology, and demand amid the COVID-19 pandemic. According to Amazon, the increase was postponed due to the global pandemic through 2020. They stated that fees were kept low during this time as they reduced or eliminated certain fees, including customer returns. Amazon emphasized that they have shouldered billions of dollars in increased costs on behalf of the sellers through this time. The bulletin of these changes was released outlining the justifications and details of increased shipping and storage costs which will take effect on January 18, 2022. Don't forget to review these to plan and adjust accordingly! |
The holidays are just around the corner, which means rising traffic and increased demand. There are several things to do to ensure you're maximizing sales throughout the season. Consider these 3 strategies to get you ready for the holidays:
Take advantage of the influx of customers, and don't miss out on a big sales opportunity this season!