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If you’re an Amazon FBA seller, you may have heard about the Amazon FBA New Selection program. This program is designed to help sellers grow their businesses by offering a range of benefits for new products.
In this article, we’ll explain what the Amazon FBA New Selection program is, the benefits it offers, and how to get started.
The Amazon FBA New Selection program is an incentive-based program designed to support Amazon sellers in listing and growing new products through the FBA program. It offers benefits on eligible new-to-FBA ASINs to reduce the risk associated with introducing new products. Some of these benefits include free monthly storage, free removals, and free return processing on eligible products.
These benefits are designed to remove some of the initial barriers and uncertainties associated with new product launches on Amazon, such as the risk of unsold inventory and associated storage fees.
The Amazon FBA New Selection program is available to professional sellers who are registered in Amazon Brand Registry. The program covers new-to-FBA parent ASINs or child ASINs — meaning you’ve never had inventory of that ASIN in Amazon FBA before.
The Amazon FBA New Selection program offers four main types of benefits:
The program offers free monthly storage units for new standard-size and oversize ASINs. It gives up to 50 units free monthly storage for 90 days for new-to-FBA standard-size products. And up to 30 units free monthly storage for 90 days for new-to-FBA oversize products.
This can be a significant benefit for new sellers or new products since storage fees can add up quickly.
The program also includes free removal orders for eligible ASINs (up to 50 units for standard-size and 30 units for oversize, within 180 days from the date the first unit was received at a fulfillment center).
This can be very useful if a new product isn’t selling as expected, as it allows you to remove the product from Amazon's fulfillment centers without incurring removal fees.
The Amazon FBA New Selection program gives you free returns processing (up to 20 customer returns per ASIN). This can be especially beneficial for sellers in product categories with high return rates, such as clothing and electronics.
In addition to the above benefits, some eligible products may also receive a 10% discount on liquidations. This can be helpful if you need to clear out excess inventory.
Here are the steps to enroll and get started with the Amazon FBA New Selection program:
Once you're enrolled in the Amazon FBA New Selection program, you'll need to actively manage your participation to maximize the benefits. Here are some tips to help you:
The Amazon FBA New Selection program is a valuable tool for Amazon sellers looking to expand their product range. By offering free storage, removals, and returns, the program can help reduce the risks associated with launching new products.
Always remember to read Amazon's terms and conditions to ensure you meet all the requirements for the program and to understand what's included. If you're an Amazon seller and you're not taking advantage of the Amazon FBA New Selection program, now might be a great time to explore this opportunity.
You’ve probably already considered selling on Amazon but its way easier than you think.
Call Us Now