Amazon Wants Sellers to Optimize Warehouse Space
Amazon will impose stricter storage limits on sellers who use Fulfillment by Amazon in January.
The reason for the policy change is the company’s push for faster delivery – specifically, transitioning Prime Free Shipping from two days to one, reports ecommercebytes.
“While investing in our network, we need to manage our storage space so that we can continue delighting customers with products they love at faster delivery speeds,” Amazon said.
The FBA policy “stick” comes with a “carrot” in the form of a promotion to help certain sellers who wish to remove inventory; it runs only through the end of October.
The crux of the announcement: “Effective January 1, 2020, we are changing the IPI threshold for storage limits to 400 (previously 350).”
IPI stands for Inventory Performance Index, “a single metric to gauge your overall performance over time.”
Amazon explained that sellers with IPI scores below 400 the week of December 23, 2019 would have storage limits imposed for the first quarter of 2020; sellers who maintain an IPI score of 400 or greater would have unlimited storage for standard size and oversize items (monthly storage fees and long-term storage fees still apply).
More Amazon news
Amazon has launched a Brand Referral Bonus program
Amazon entices brands to drive more traffic to their listings with Brand Referral Bonus program Amazon has launched a Brand Referral Bonus program to reward brands for driving sales on its marketplace. It gives participating brands an average 10% credit on sales...
Boost repeat purchase rate of your Private Label product with QR-codes
Qr-code as an instrument to promote Private Label product sales Repeat purchase rate is of utmost importance in e-commerce. Startup Batch comes with a simple yet effective solution: using QR-code on a product to promote sales. Batch has raised $5 million in seed...
Facebook publishes new report on the evolution of eCommerce
Facebook report: mobile is quickly becoming the main shopping tool Facebook has published a new report which looks at how consumer habits have changed as a result of the pandemic, and the key trends that are driving the big shifts in how people find and purchase...
