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  • AMZ Seller News #48: new low inventory Seller fee 2024, new 3D models for your listings, 1B items sold during Black Friday and more

AMZ Seller News #48: new low inventory Seller fee 2024, new 3D models for your listings, 1B items sold during Black Friday and more

This is a special newsletter discussing the new 2024 Amazon Seller fees, new 3D models for ASINs and more stuff

Aloha Amazon Sellers!

Brendan Elias is running a private closed door event where he will show:

  • How to start your first Amazon business where you don’t need to handle products … find buyers … or even process payments

  • Where to find high quality products which you can sell for at least 3 times more than you paid for them. 

  • How to get these products for half the price your competitors are paying

  • The “back end” market (which nearly all importers ignore) which can increase your profit from each buyer by 1,000% or more 

  • And more

Brendan’s not one of those fresh-faced kids who’s been selling for 5 minutes and pretends to know everything.  He’s been selling on Amazon since day 1 and was a huge eBay seller before that too.

The Ultimate Guide to Sourcing Safely and Profitably | Brendan Elias - YouTube

📰 What you need to know

👉 Coming on April 2024, Amazon will introduce a low-inventory-level fee for standard-sized products. The fee applies if you carry consistently low levels of inventory relative to unit sales, as this inhibits our ability to distribute products across our network, degrading delivery speeds and increasing our shipping costs. Sellers can avoid this fee by maintaining more than four weeks of inventory relative to sales. These fees will apply starting April 1, 2024

👉 Hey! here’s one of my closests partners Newsletter worth checking out: eCom Hot Sauce read by 20k+ Amazon and other ecommerce sellers with 70% open-rate. This is coming from Nick Penev, one of the most well-connected guys on the Amazon ecosystem

👉 Thank God for competition. Amazon will lower the transaction fee it charges sellers from 17% to just 5% for under-$15 apparel items as it faces Shein’s competition.

👉 Get 26,000 ideas and inspirations for Amazon and A+ Premium Figma Templates on the AMZ Design Kit, check it out

👉 Want Helium 10? Now you can get it with a 40% discount for 4 months, just for new accounts!

👉 Kevin King discusses 4 uses of Amazon Q, Amazon’s all new AI chatbot

👉 Amazon announces strong holiday shopping results: 1B items sold during Black Friday Cyber Monday

Amazon gating benefits are multifold.

Firstly, brand gating allows you to maintain control over your brand image and reputation. By limiting the number of sellers and having a single source of your products, you can better manage quality and customer experience. This results in enhanced customer satisfaction and loyalty.

Secondly, the Amazon gating policy is an effective obstruction against counterfeiters who profit from selling knock-offs or unauthorized reproductions of your merchandise. It minimizes the risk of imitations flooding the market and damaging your brand's integrity.

amazon Selling application for Brand 2

Lastly, you can regulate pricing when your brand is gated. Most sellers of counterfeits on Amazon offer their items at meager prices, which they can afford because of low quality. Unfortunately, unsuspecting shoppers are lured into purchasing these products based on price alone. This means lost sales for you and your authorized sellers. A problem that can be solved by brand gating.

You can consider it an essential measure that assures ROI on the careful planning and execution of your brand and the marketing and advertising expenses you have incurred.

You know I never recommend courses as the Internet is full of “Lambo Gurus” and “FBA Boys”.

These types of courses that give you absolutely nothing and promise financial freedom or working while traveling give me hives. I find them a horrible way to deceive people and, unfortunately, I have come across clients and students who have been scammed out of €3,000 or €5,000 in courses that have been of no use. And let's not talk about the "Amazon Automation" gurus.

Anyway, a course that I have been recommending in my newsletter and social medias for some time is that of Alex, Tom and Jason (Honest FBA). They are two guys I know personally (they both lived in Barcelona, where I also live). I've talked to them, I know what they sell on Amazon, I know the knowledge they have, and I completely trust their judgment. I know they make a living selling on Amazon. Also, as their name suggests, they are honest. You won't see them showing off cool cars or private jets on Instagram. No bullshit, no fancy revenue screenshots, but profits.

And now, they’ve teamed up with Janson Smith, who's taught over 1000 people how to sell on Amazon and has his own 7 figure brand on Amazon

Well, so the 3 of them have launched a new course within their online training called HonestFBA 2.0 | Scale. Right now I'm seeing it with my own eyes and it's amazing. Much more content, much more professional recording, many contents in PDF... in short, an amazing upgrade. I know they’ve been working hard to create this content and it absolutely pays off.

Ideal for both beginners and experienced sellers, the course can give you the skills and knowledge necessary to succeed in the competitive landscape of Amazon selling: 23 modules covering a wide array of topics including setting up an Amazon Seller account, product research, branding, sourcing, pricing, barcodes, PPC, listing creation, product launch, scaling...

Key highlights include live product research demonstrations, strategies for optimizing Amazon listings and advanced sessions on pay-per-click (PPC) advertising and scaling operations with a focus on practical, real-world applications.

Honest FBA Scale has limited seats, so arrange a discovery call with Tom or Alex to see if the course is for you. You can do it here https://go.honestfba.com/callback

But, if you think you’re already ready to take the course, you can use the discount they have given us for subscribers to this newsletter code: “JORDI” ($500 off)

See you in 7 days!

Best,Jordi Ordóñez at jordiob.com