Firing The Man · with Yoni Mazor · December 2, 2020 · 42 min
Summary
This episode reveals how Amazon sellers can recover significant funds from FBA errors through GETIDA, a reimbursement recovery service. It highlights common issues like lost inventory, damaged goods, or incorrect fees, and provides actionable steps to reclaim lost profits and optimize financial operations on Amazon. This is crucial for maintaining healthy margins and scaling an Amazon business.
Key takeaways
Amazon FBA sellers are frequently eligible for reimbursements due to lost, damaged, or overcharged inventory, and incorrect fulfillment fees. Proactively auditing your account for these discrepancies can recover significant capital.
GETIDA offers a "pay per recovery" service, meaning there's no upfront cost to use their platform; they only charge a commission on successful reimbursements, making it a low-risk solution for sellers.
Financial discrepancies, such as incorrect "pick and pack" fees due to inaccurate product weight/dimensions, can lead to ongoing overcharges. Regularly audit these fees (at least every 90 days) to prevent bleeding profit and recover past overcharges.
The process of reconciling Amazon FBA shipments and tracking inventory across warehouses, through customer returns, and during removal orders is critical for identifying potential reimbursement claims.
Utilize the provided FTM400 code for $400 in free reimbursements when signing up for GETIDA, effectively boosting initial cash recovery without cost.
Episode 49 In this episode, we will interview Yoni Mazor, Chief Operating Officer and Co-Founder of Getida, a fast-growing cloud-based technology company that provides state-of-the-art reimbursement recovery solutions for Amazon sellers. He will tell us how Getida started and share with us some tips to be successful entrepreneurs in the e-commerce industry. Let’s jump into the episode and learn more about getting reimbursements from Amazon! [00:01 - 06:08] Opening Segment We recap th...
What does this episode say about amazon & marketplaces?
Amazon FBA sellers are frequently eligible for reimbursements due to lost, damaged, or overcharged inventory, and incorrect fulfillment fees. Proactively auditing your account for these discrepancies can recover significant capital.
What does this episode say about supply chain & operations?
GETIDA offers a "pay per recovery" service, meaning there's no upfront cost to use their platform; they only charge a commission on successful reimbursements, making it a low-risk solution for sellers.
What does this episode say about finance & fundraising?
Financial discrepancies, such as incorrect "pick and pack" fees due to inaccurate product weight/dimensions, can lead to ongoing overcharges. Regularly audit these fees (at least every 90 days) to prevent bleeding profit and recover past overcharges.
What does this episode say about amazon & marketplaces?
The process of reconciling Amazon FBA shipments and tracking inventory across warehouses, through customer returns, and during removal orders is critical for identifying potential reimbursement claims.
What does this episode say about amazon & marketplaces?
Utilize the provided FTM400 code for $400 in free reimbursements when signing up for GETIDA, effectively boosting initial cash recovery without cost.
