Weekly Amazon Seller News – June 1st, 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 June 1st, 2021.

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“Amazon Prime Day sale reportedly planned for June 21 and 22” (Source: Cnet) 

 

  • Prime day is confirmed for June.
  • According to a new report from Bloomberg, the sale event will run June 21 and 22 this year. 
  • Amazon will likely confirm the dates within the next few days.
  • Read the full article here

“Update to US Multi-Channel Fulfillment fees: Effective June 1, 2021” (Source: Amazon News) 

 

  • US Multi-Channel Fulfillment fee changes go into effect today (June 1, 2021), except where otherwise noted. 
  • For complete details, check out the link below 
  • Read the full article here 

“Set faster default handling time for your seller fulfilled standard shipping orders” (Source: Amazon News)

  • As of May 25, 2021, you can set a faster default handling time for your products.
  • You can set the account level default handling time to either 1 business day or 2 business days (this does not affect products that have a product level handling time set).
  • Only Sellers with professional selling plans will be able to update/edit their default handling time.
  • Check out the link below for more info, including steps on how to update your default handling time 
  • Note: For new Sellers joining the program, the default handling time will set to 1 business day and Sellers will have the option to change it to 2 business days.
  • Read the full article here

“Try FBA Liquidations and recover value from your products” (Source: Amazon News) 

  • FBA Liquidations is a new program that lets you recover value from your excess and customer-returned inventory and avoid storage fees.
  • Amazon sends your inventory to wholesale liquidators, allowing you to recover typically 5% to 10% of an item’s average selling price. 
  • The program offers an alternative to having your inventory disposed of or returned to you.
  • To liquidate your inventory, select Liquidations when you create a removal order from any inventory planning page.
  • Starting June 1, 2021, Amazon will charge FBA Liquidations fees, which will be incurred when shipments leave fulfillment centers. 
  • Read the full article here 

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