Amazon Expands FBA New Selection | What You Need to Know
If you are an Amazon Seller, there is a very good chance that you use FBA New Selection, as you are always looking for ways to expand your business, maximize your profits, and make your life as easy as possible. Many Amazon Sellers use FBA as an efficient means to help them sell and ship their products out to customers. Essentially, the FBA program provides Sellers with free storage and removals for standard-size and eligible items, as well as free return processing for apparel. Recently, Amazon has announced that it would be expanding FBA New Selection, and if you use FBA, this should be welcome news to you. Please continue reading and speak with AVASK Group to learn more about the FBA New Selection expansion and what it may mean for you.
What to Know About FBA New Selection Expansion
There are several new features and perks offered in FBA New Selection as per the tech giant’s most recent announcement, some of which are as follows:
- Sponsored ads: Sellers who are just starting out with FBA will now receive a potential $200 credit in sponsored ads promotional clicks, as well as the ability to create advertising campaigns for free.
- No ASIN limit: In the past, there was a 500-ASIN limit–as per the recent announcement, this is no more, and now, Sellers can implement an unlimited number of eligible new-to-FBA parent ASINs.
- Oversize item eligibility: You can now receive up to 90 days of free storage and up to 180 days of free removal for up to 30 units per parent ASIN for eligible oversize items.
That being said, if you are looking to qualify for new benefits, all eligible parent ASINS must be received by an Amazon fulfillment center on or after April 1, 2021. If you have any further questions about the recent announcement and how it may impact you, please do not hesitate to speak with us today. We are always here to help.
Contact Our Team
If you are an Amazon seller and require the assistance of an experienced Certified Public Accountant, please contact Ebiz Accounting for an initial consultation. We provide Amazon business accounting services to clients in New York and throughout the United States. All Amazon sellers should have an accountant they can trust. If you are looking to expand your business, or even form a new one, do not hesitate to reach out to our knowledgeable team today.