Weekly Amazon Seller News – May 11th, 2021

Every week, our team of experts round up the most important news for Amazon business owners. Here are all of the bite-sized news nuggets for the week of May 11th, 2021.
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“Prime Day 2021: Ship FBA inventory early to sell globally” (Source: Amazon News) 

  • To benefit from Prime Day traffic in Amazon’s international marketplaces, make sure your inventory arrives at fulfillment centers well in advance of the dates below.
  • Amazon encourages you to allow extra time to ship your Prime Day stock due to the ongoing impacts of COVID-19 on shipping time and customs clearance at many country borders.
  • Plan on sending your FBA shipments to the following countries by these dates:
  • June 1: Australia
  • June 6: United Kingdom, Germany, France, Italy, Spain, Netherlands, Turkey
  • June 7: United Arab Emirates, Saudi Arabia
  • June 13: Japan
  • Go to the registration links in the seller central news update (link below) to expand your business into international marketplaces before Prime Day 2021.
  • Read the full article here

“Check your Payment Service Provider before May 31, 2021” (Source: Amazon News)

  • If you use a payment service provider (PSP) to receive your Amazon store sales proceeds, you must use a PSP that participates in the new Payment Service Provider Program.
  • From May 31, 2021, if you use a bank account from a non-participating PSP, you will be subject to a longer disbursement reserve period of up to 21 days after the latest estimated delivery date.
  • If you use a bank account issued by a deposit-taking bank, or a participating PSP, no action is required.
  • Amazon is working to enroll more qualified PSPs into the program. 
  • To view the list of PSPs that have met the requirements for provisional enrollment, and to find out more, go to Updates regarding Payment Service Provider Program.
  • Amazon will update the list on a weekly basis.
  • Read the full article here

“Amazon mails postcards to sellers to verify whether their addresses are real” (Source: CNBC) 

  • In September, Amazon started requiring merchants on its U.S. marketplace to publicly disclose their business name and address.
  • Now, Amazon has begun mailing third-party sellers a postcard to make sure the sellers on its marketplace really live where they say they do. 
  • It could help Amazon weed out counterfeiters and other bad actors on its third-party marketplace.
  • Amazon sent an email to approximately 1/3 of US-based sellers that they are sending a postcard to the address on record to verify the information. 
  • Suspended sellers also received the email and were told not to expect reinstatement once you verify the address as this is unrelated to the suspension.
  • Read the full article here 

“Amazon blocked 10 billion listings in counterfeit crackdown” (Source: SFGate) 

  • Amazon released its first Brand Protection Report
  • In the report, Amazon, which has been under pressure from shoppers, brands and lawmakers to crack down on counterfeits on its site, said it blocked more than 10 billion suspected phony listings last year before any of their offerings could be sold.
  • The report includes specific numbers on its anti-counterfeiting efforts since it announced new tools and technologies in 2019. 
  • The number of suspected bad listings that it blocked last year was up about 67% from the year before.
  • Read the full article here