Serious Sellers Podcast artwork

#601 - Getting $30K Back From Amazon During This Episode!

Serious Sellers Podcast · with N/A · October 1, 2024 · 40 min

Summary

This episode reveals game-changing strategies for Amazon sellers to reclaim lost and damaged inventory funds from FBA warehouses, especially critical with Amazon’s policy update reducing the look-back period for claims. It highlights using tools like Helium 10’s Refund Genie for commission-free reimbursements and offers practical tips for optimizing product packaging to save on shipping costs and boost profitability.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsfinance & fundraisingai & automation

Topics covered

amazon fba reimbursementshelium 10 refund geniefba lost and damaged inventoryamazon seller central claimssize tier optimizationshipping cost reductionproduct packaging optimizationhelium 10 alerts

Episode description

In this episode, we’re doing a live workshop on how to get money back from Amazon, and four people on the call got back over $30,000 of FBA reimbursements live on the show!

Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Utilize Helium 10's Refund Genie to identify and claim reimbursements for lost and damaged FBA inventory, as Amazon's look-back period for claims is shortening to two months from 18 months.
What does this episode say about supply chain & operations?
Actively monitor dimension changes for your products and enable alerts (e.g., Helium 10 Alerts) to identify opportunities for size tier optimization, which can significantly reduce FBA shipping costs.
What does this episode say about finance & fundraising?
Manually audit transaction and ledger reports in Seller Central to cross-check lost or damaged inventory events against reimbursement reports if not using an automated tool, ensuring you claim all owed funds.
What does this episode say about ai & automation?
Consider optimizing product packaging to reduce dimensions. Even small reductions (e.g., 0.2 inches) can move products to lower shipping tiers, saving significant costs per unit (e.g., $10 per unit in one example).

Listen