Breaking News: Amazon To Change Reimbursement Policy Again

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My Amazon Guy

My Amazon Guy

Күн бұрын

Пікірлер: 30
@MyAmazonGuy
@MyAmazonGuy 4 күн бұрын
Amazon just announced major changes to FBA reimbursement policies. What do you think about the shift to manufacturer costs?
@viper1213
@viper1213 4 күн бұрын
Seems like a way for them to gain more data on your products as well. They find new ways to get you.
@MyAmazonGuy
@MyAmazonGuy 4 күн бұрын
Fair point. Amazon definitely has a knack for collecting data, though.
@alittlekiwi
@alittlekiwi 4 күн бұрын
yes… they’ll also use this data to see how much more they can squeeze you on profit margins
@Peruvian.Lama74
@Peruvian.Lama74 4 күн бұрын
Learn your COGS --> Run through AI to suggest which products to knock off as "Amazon Basics". Watch, it WILL happen.
@viper1213
@viper1213 4 күн бұрын
@@Peruvian.Lama74 I can 💯 see that happening all so they can make more money. They sometimes ask for invoices for reimbursement for that reason probably
@beccarankin98
@beccarankin98 Күн бұрын
Yes while the average seller has limited access to full AI functionality for generating market data. Big companies like Amazon have already been granted access to technology that I feel we aren't. Not exactly sure how that is considered a fair marketplace.
@lonniebrooks3116
@lonniebrooks3116 4 күн бұрын
EVERYONE needs to complain about this. If all the sellers would do this, they would open their eyes and perhaps change it. But as usual, only a handful will take the time to send a complaint..........
@MyAmazonGuy
@MyAmazonGuy 4 күн бұрын
Classic "Us vs. Amazon" battle, right?
@lonniebrooks3116
@lonniebrooks3116 4 күн бұрын
@@MyAmazonGuy Unfortunately........ yes.
@RyanRigney
@RyanRigney 4 күн бұрын
Can we just provide a larger manufacturing cost? Do they verify it?
@MyAmazonGuy
@MyAmazonGuy 4 күн бұрын
Amazon doesn’t usually verify your manufacturing costs, they might do it now.
@ariy7712
@ariy7712 3 күн бұрын
Its very easy for Amazon to know the manufacturers cost of most products because they themselves are connected to manufacturers and also buy/sell those products.. nothing is hidden from Amazon when it comes to inventory costs.
@Peruvian.Lama74
@Peruvian.Lama74 4 күн бұрын
Amazon is abusing its monopoly power. As sellers we should start small and go for "wins" we can get. When the new administration comes in on January, please urge your Senators and Congress people to end the practice of outsourcing tech support. Amazon's India and Philippines based seller central support is absolutely useless. A lot of Amazon problems and frustrations can be solved by hiring USA based tech support that can actually think and doesn't just read off a script. We can also sell this as bringing jobs back to the USA. Let's get this done!
@wesleybullock9489
@wesleybullock9489 4 күн бұрын
This is gonna hurt. There is a quantity discrepency on I'd about half of my shipments to Amazon. It has been increasing over the past couple years actually. What really hurts is that freight and duties will not be counted. So we just have to factor in Amazon losing our products into our profit calculations now 😢
@MyAmazonGuy
@MyAmazonGuy 3 күн бұрын
Yep, this one stings. The quantity discrepancies are bad enough, but leaving freight and duties out of reimbursements? That’s just Amazon telling us to "deal with it.
@pauliuskudakas4192
@pauliuskudakas4192 4 күн бұрын
I hope H10 and other service providers are not sharing our costs data with Amazon. What do you think?
@MyAmazonGuy
@MyAmazonGuy 4 күн бұрын
I’d say it’s worth trusting the tools you use, but always stay informed.
@beccarankin98
@beccarankin98 Күн бұрын
I'd be reading those terms and agreements.. there is a form generated via link by Seller Central if I remember right, when connecting accounts and third party access.
@John-nk1be
@John-nk1be 4 күн бұрын
Should have another online marketplace.
@MyAmazonGuy
@MyAmazonGuy 4 күн бұрын
Expanding to other marketplaces like TEMU, TikTok Shop, or even Walmart can provide a valuable safety net.
@beccarankin98
@beccarankin98 Күн бұрын
Yes, if* you have control of your product .​ I wonder if when determining the manufacturer cost by comparing similar products, is on a UPC level, or a more broad product type/ category level.@@MyAmazonGuy
@girmaa5480
@girmaa5480 4 күн бұрын
I am afraid Amazon is going to eat my tiny profit margin badly,, sad
@MyAmazonGuy
@MyAmazonGuy 4 күн бұрын
Welcome to the Amazon Hunger Games, where your profit margin is the first to go. Time to get scrappy and fight back!
@sproutbrite5696
@sproutbrite5696 4 күн бұрын
@@MyAmazonGuyuse your reputation to try and contact the new administration. Jacob helberg, jamieson greer.
@joshmoore2305
@joshmoore2305 4 күн бұрын
Tiktok Shop not looking to bad right now
@Ineedcoffee-n4j
@Ineedcoffee-n4j 2 күн бұрын
Except it could be gone come next month
@beccarankin98
@beccarankin98 Күн бұрын
Yeah unless you're selling product not directly aimed at age 20 and under or any product with a practical use lol
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