SOL with August Long Term Storage Inventory

If you are active on the Facebook groups, you would have seen the following message:

“Inventory disposal: If you file a Removal Order between August 5, 2015, and August 14, 2015, to dispose of this inventory, you will be reimbursed for your FBA Disposal Fee. Once you are reimbursed, your reimbursement amount will appear in your Payments Report; to find this report, click the Reports tab in Seller Central, then Payments. The reimbursement amount will appear as “Other” in the Refunds section.

Inventory returns: If you file a Removal Order between August 5, 2015, and August 14, 2015, to have units of this inventory returned to you, you will be unable to send in additional units of these ASINs until December 1, 2015. You can continue to sell through your remaining inventory of these ASINs. You are responsible for paying the FBA Removal Fee for return of these units.

If you are using the Automated Long-Term Storage Removal option in your seller account, impacted inventory will be processed prior to any Long-Term Storage Fee charges being added to your account. If inventory is returned to you via automated removal, you will be unable to send in additional units of these ASINs until December 1, 2015. You can disable automated removals or change to “Dispose all units eligible for Long Term Storage fee” by selecting Fulfillment by Amazon in your Settings in Seller Central. Select the “Edit” button in Automated Long-Term Storage Removals Settings.”

So you might have been behind on ordering your inventory back or you just didn’t realize that Amazon would be doing something like this. You are most likely pissed off that you didn’t see this in time.

Never fear! The FBA Master blog is here to help!

Here are some ways you can still profit over that inventory that you can’t send in until the end of December:

1. Merchant fulfill it – The reason Amazon is putting this rule into place to prevent an excess of slow moving inventory in their warehouses during the Q4 rush. If you have the space, take advantage of the merchant fulfilled side of things. This can also prep you for a busy Christmas season with tight turnaround times and a huge spike in demand.

2. Other Marketplaces – Believe it or not, Amazon is not the only online retailer. Try taking this inventory to other online platforms such as Jet, eBay, and others. Not only will you be able to turn your inventory into cash, but you will also be able to start building your reputation on these platforms as well.

3. Think Local – Flea markets and garage sales are great ways to turn inventory. Take advantage of your local market and sell stuff at lower prices (account for what Amazon would typically take out in fees) and make some money. Money in your hand is better than potential money that never comes.

4. Bundles – A key features that most people overlook is that Amazon restricts your ability to send in the same ASIN number. If you were to create a multipack or bundle, you are able to skirt around the rule 🙂 Just saying – Always think outside of the box.

5. Donations – If none of the other options work, consider reducing your lose by donation and writing it off on your taxes. Even damaged inventory is worth something to local donation centers like Goodwill or other local charities.

I hope this helps anyone who is SOL with inventory that they can’t sell through FBA over the next few months. Take some tips from this blog and make something awesome happen!

CW

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