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Amazon’s FBA New Selection Program: Empowering Sellers and Streamlining Product Launches
## Introduction
Amazon, the e-commerce giant, has introduced the FBA New Selection Program to revolutionize how sellers launch new products on its platform. This program aims to make product launches easier, more cost-effective, and less risky for both established brands and new sellers. Let’s delve into the details of this exciting initiative.
## What is the FBA New Selection Program?
The FBA New Selection Program is designed to encourage sellers to introduce fresh products to the marketplace. It provides several benefits that allow sellers to test new products without immediate financial burdens. Here are the key features:
1. Free Storage: Sellers enjoy free monthly storage for a specified number of units (based on the product size) for the first 90 days after the initial unit is received at an Amazon fulfillment center.
– For Standard-size ASINs, the first 50 units have no storage fees.
– For Oversize ASINs, the first 30 units are exempt from storage fees.
2. Free Liquidations: Sellers can liquidate any of the first 50 (Standard-size) or 30 (Oversize) units within 180 days after the initial inventory-received date, without incurring liquidation fees.
3. 5% Rebate for Brand-Registered Sellers: If you’re brand-registered, you qualify for a 5% rebate on sales of branded new-to-FBA ASINs. This incentive encourages brand owners to explore new product offerings.
## How Does It Work?
1. Eligibility: The program is open to all merchants. Whether you’re an established brand or a new seller, you can participate.
2. Unlimited New ASINs: Once enrolled, you can use the fee waiver benefits for an unlimited number of new-to-FBA parent ASINs that you create. So, if you’re launching multiple products, they’re all eligible.
3. Risk-Free Testing: Brands can now test out new products without worrying about accumulating storage fees if they don’t sell immediately. This risk-free testing encourages innovation and diversification.
## Conclusion
Amazon’s FBA New Selection Program empowers sellers by reducing barriers to entry for new products. Whether you’re a seasoned seller or just starting out, take advantage of this opportunity to expand your product portfolio and enhance your customer experience.
Remember, innovation drives success, and with Amazon’s support, your next big idea could be the next bestseller!
By participating in, you receive
– free monthly storage
– free liquidation of unproductive inventory,
– a balance of $100 for new shippers and $200 for Amazon Global Logistics program
– free remuval order processing
– 50 dollars. $50 balance to use for pay-per-click when setting up an ad campaign
– 50 dollars in coupons
Starting March 1, 2023, you will also receive a bonus/cashback of 10% – up to 12% of your turnover for 90 -120 days .🔥 (Brand Regestry owners only)
For more information, visit Amazon’s official help page on the https://sellercentral.amazon.com/gc/fulfillment-by-amazon/new-selection
