Amazon Outlet program helps to clear overstock items
Sellers who use Amazon FBA fulfillment services can now offer their overstock and clearance items on Amazon Outlet.
Unlike Amazon Warehouse, where buyers can shop for deals on returns and refurbished goods, Amazon Outlet is for shopping discounted new products, reports ecommercebytes.com.
Sellers who use FBA will likely welcome the option of selling items that may be slow movers through Amazon Outlet to save on storage fees.
However, not all items are eligible to be sold through Outlet, and it changes from week to week. Amazon will determine which products are eligible for Outlet “based on customer demand and other factors.”
While there are no additional fees for selling on Amazon Outlet, obviously it comes at a cost since sellers must discount prices. Amazon explains, “The maximum deal price takes into consideration the lowest price charged by sellers offering the product in new condition.”
Amazon said selling through Outlet can help sellers increase sell-through, improve cash flow, optimize inventory levels, and reduce total storage fees on overstocked inventory. It drives customers to Outlet through direct emails and ad placements, including on Amazon’s homepage.
Sellers who participated in the beta program in the spring saw a 77% increase in unit sales, Amazon said. FBA sellers must have a Professional account and an overall rating of at least 3.5 stars to participate. Sellers can learn more by visiting the Amazon help pages.
More Amazon news
Amazon new storage requirements and fees.
In September Amazon introduced new long-term storage fee (LTSF) schedule, with fees being charged monthly instead of twice a year. That, combined with Amazon’s new storage limits, means that sellers using the FBA program need to be paying more attention than ever to...
The reason why so many Amazon searches show you sponsored ads
First consumers, now advertisers Leave Google for Amazon. It makes sense for advertisers to go where their customers are. "Follow the money" is a catchphrase used to help lead you to where true power lies. And investors who follow the money will quickly learn...
Door to Door delivery for Amazon FBA sellers
The main logistic services for door to door delivery among Chinese forwarders are the following: Air transport 1. Express – several variants with transit times from 2 to 10 working days and prices from 4 to 8 USD per kg (to a warehouse in US),...