What is going on Amazon sellers for hopefully soon-to-be Amazon sellers, my name is Beau Crabill and in today's video
It will be part three of a four-part video series on
Getting you prepared for the holiday season for selling products on Amazon
Now if you have not watched part 1 or 2 yet definitely check that out there will be links down in the description
Now what are we discussing in? This video is about seeing some guidelines
You must be following to make sure you're actually able to sell during the holiday season and making sure you're selling the right way
During the holiday season now. I want to start this video
bringing up a myth that people always ask in a rumor people always get worried about this during the holiday season is are
New sellers able to create amazon selling accounts during the holiday season
The answer is yes
for some reason this rumor gets brought up every single year that Amazon is not allowing people to set up selling counts during holiday season and
That's just completely false. You're allowed to set up an Amazon account
if you don't have one during that holiday season, but now what I want to talk about is
How Amazon is going to restrict some sellers from selling the toys and games category? And this restriction is going to be placed from?
October 17th, 2010 to January 5th 2019
however
If you follow these guidelines
And pass them you will be able to sell toys if you don't and you simply are not able to sell toys now
For someone doing FBA so allowing am going to do the work if your first sale was before or on
August 18 2018 and you've processed 25 orders from August to October
You are eligible to sell toys via FBA during the q4 season. That's it
So if you first sales before August 18th, or on it, and you've processed 25 orders from August, October you're set
However, if you want to sell FBM which means you're shipping all the products provide the customer service there's me a few extra
guidelines
Now if you want to sell toys and games during the holiday season for fbm
Then your cancel rate in the month of September
means the orders that you canceled yourself from your customers needs to be less than
1.75 percent of your orders and then also in the month of September you're late shipment rate needs to be
less than 4 percent then also as of October, so once October hits you're ordered defect rate needs to be less than
1% and that's all you need for fbm
So the cancellation rate the late shipment rate in order to affect rate
If you have those you're set to sell fbm
and then for FBA a be two things I mentioned below you're set to go now a couple things I want to discuss is about
Having your inventory in on a specific date to make sure it's sewing on some important dates and those important dates will be cyber
Monday, Black Friday and then also Christmas
so that's where a lot of sales bonds happen and for your products to be delivered and
Shipped to your consumers by Black Friday and Cyber Monday
Amazon says you need to have your inventory delivered into Amazon by November 5th
Now I actually like to tell people that I teach that you want to have it on
November 1st, because one thing that Amazon won't tell you during the holiday season if they actually take a while to process
Shipments and if you're sending in pallets and if it's coming from a while you want to aim to get those delivered on?
November 1st
So if you're watching this video and you want to give it in a pallet and have it ready by cyber
Monday, it needs to be getting them sent in now for that and then for Christmas it needs to be December 5th
according to Amazon
But I do suggest December 1st to give you that extra leeway because Amazon may take some extra time
Getting a shipment. I know for example myself I
Sent in some a lot of like Hot Wheels last year
Huge shipments of them and it took extra a couple weeks
I sent them in like on December 6th or around the fifth or something on those lines and it took a lot longer for that
So just to be extra careful get them in before December 1st for Christmas and November 1st for Black Friday Cyber Monday
now what I want to talk about is something that people always complain so much about
during the q4 season and I really don't know why people complain because I actually really like it, but it's with the changes of
Amazon storage fees and fulfillment fees
so during the q4 season Amazon will
raise storage specifically and also lower fulfillment fees and when your song on Amazon via FBA
Amazon is going to take fees and three types waise, Commission's
storage and fulfillment
For storage fees it only matters if you sell products or have products and Amazon's warehouse for over 30 days
Commission's are usually between 8 and 15 percent and the fulfillment fee. I really like Amazon Fulfillment fees
for example when I'm tripping off Xbox consoles via FBA my shipping fee is
Eight dollars for a 10-pound Xbox console to keep that example
If you go to the post office, it's probably to cost you 35 40 bucks to ship off that Xbox console
but what I'm talk about right now is the changes with the fees because Amazon changes these fees during the q4 season so for storage
Typically storage fees are 69 cents per cubic foot for standard sized
Inventory, but during q4 season Amazon raises up to two dollars and 40 cents per cubic foot huge change
for oversized
Packages, it's usually 48 cents per cubic foot
But that goes to a dollar 20 so you can see that's a huge
Significant increase and gonna cost you more money if you're having inventory stored in Amazon for over 30 days
But now when I talk about is the fulfillment fees because obviously right there that's going to be more expensive to have inventory in there
And that's gonna hurt sellers but not necessarily because Amazon will actually lower
Their fulfillment fees to get your products fulfilled to your customers
Now this meet a lot of detailed numbers
but I'm gonna give you the savings on them to be very honest with you this adds up so much because if you're shipping out
A lot of products if you're just saving 4 cents per unit that can really add up. We're saving a dollar
Does it make sense? So for example in?
Amazon's fulfillment fees for small items that are less than a pound
It's usually two dollars and 41 cents per item, but that goes down to two dollars and thirty nine cents
So two cent savings, which is a small number, but can add up for
Larger sized items but that are less than a pound
It's usually two dollars in ninety-nine cents per item goes down to two dollars and eighty-eight cents eleven cents save it for
One to two pound packages. It's usually four dollars eighteen cents, but it goes down to three dollars and ninety-six cents
That's a twenty-two cents saving
Now for any product, that's a standard size. That's over two pounds
Amazon typically charges four dollars and 18 cents and then additional 39 cents per pound
That's over 2 pounds
That goes down to just 39 or 3 dollars and 96 cents plus 35 cents per pound
So you have a 22 cents saving per item?
plus an additional 4 cents
per pound over 2 pounds, so
Big savings right there that can really add up if you're shipping out a lot of products if you're shipping out
2,000 products right that's gonna save you a good amount of money right there. So now what I talk about is oversized
Fulfillment rate fees. So amazon has their guidelines for what's considered an oversized product, but for small oversized products,
It's typically six dollars and 85 cents plus thirty nine cents per pound that goes down to six dollars and sixty nine cents
plus thirty five cents per pound
So you're saving 4 cents per pound and then also saving 16 cents per unit for medium
oversized
Products it's usually nine dollars 29 cents plus thirty nine cents per pound extra
That goes down to eight dollars and 73 cents plus 35 cents per pound
So it's the 47 cents savings plus additional four cents per pound for large oversized
Products it's usually $75 in six cents per unit
Plus an additional 80 cents per pound that goes down to sixty nine dollars and fifty cents
Plus seventy six cents per pound. So you're saving five dollars and 56 cents per unit
Plus an additional four cents per unit per pound now for a special
Oversize which is just humongous products. It's usually one hundred thirty eight dollars and eight cents per units plus an additional
92 cents per pound that goes down to a hundred thirty one dollars and forty four cents
Plus an additional eighty eight cents per pound and that per pound is over ninety pounds
So that's saving six dollars and 64 cents per item and then additional four cents per pound for any pallet
That's over 90 pounds, and that is it
So as you can see
To recap that last point because I know what people gonna care most about is or they're gonna be charged more fees during the holiday
Season now if you have a bunch of inventory, that's not moving and very slow then yeah, you're gonna have extra storage fees
But if you're selling Amazon and doing it correctly and turning over your inventory and selling a lot of units
You're gonna save some significant amount of cash from these fees. I mean special storage is six dollars sixty four cents
I know some were only two cents that can really really add up so that is it for this video you now
understand about if you can sell during the holiday season what you need to do so you can sell toys during the holiday season the
Specific dates get your inventory in but also the fee changes. Thank you so much for watching this video
Make sure to drop down any questions you have about this video at all or about prepared for the holiday season or any questions you have about this on Amazon
Make sure to subscribe to this YouTube channel give this video a thumbs up and have a great day
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