Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart
Helium 10 Buzz 12/19/24: Amazon Makes Move That Might Cost Sellers Millions of Dollars!
Dec 19, 2024
Amazon's latest policy change has left sellers furious, as it could cost them millions in lost reimbursements. The conversation digs into the financial stakes and the need for better transparency from the giant retailer. Meanwhile, TikTok Shop is smashing sales records, outpacing established brands like Shein and Sephora, indicating a seismic shift in e-commerce. The hosts also offer strategic tips for navigating the evolving landscape, especially as platforms shift their fee structures and promotional features.
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Quick takeaways
- Amazon's new FBA reimbursement policy raises concerns among sellers as it shifts the calculation from sales price to manufacturing costs, potentially costing them millions.
- The seller community's skepticism about Amazon's claims of increased transparency reflects broader issues of trust regarding reimbursement practices and data privacy.
Deep dives
Anger Over New Reimbursement Policy
Sellers are expressing significant frustration due to Amazon’s recent update to its Fulfillment by Amazon (FBA) reimbursement policy. This new policy, effective March 10, 2025, will change how reimbursements are calculated for lost or damaged items, shifting from sales price reimbursements to manufacturing costs. This development could potentially lead to reimbursements decreasing dramatically, with sellers fearing they may receive far less than before. Many sellers worry that the new policy will end up costing them millions and feel that Amazon has poorly communicated this change.
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