The majority of consumers worldwide are now forced to stay home due to lockdowns, which is one of the COVID 19 effects. Hence, shopping online has become the current norm. This adverse result has led Amazon sales to spike which led to bigger competition among sellers that's why good Amazon product optimization is a must.
However, due to the pressing need for medical supplies and household products, the retail giant has released a moratorium. It detailed the barring of non-essential goods from being stocked in FBA warehouses from March 17 until April 5.
If you are an FBA account holder whose brand does not carry medical or household goods, this mandate can dent your sales. But all is not lost. If you switch to an FBM account, you may succeed in dodging the dreaded COVID 19 impact on your business and why there's a need for the assistance of Amazon marketplace protection service.
About Becoming an FBM Seller
As Fulfilled by Merchant (FBM) seller, you take full responsibility for storing and shipping your products. You do all these sans, an Amazon Prime badge. During pressing times, having an FBM account can help your business stay afloat despite lower profit margins. You may also find it beneficial if your line-up does not carry a large number of products.
To better understand how an FBM account can work for you, go over its advantages and disadvantages detailed below.
In a Nutshell
Switching to an FBM account maybe your business's saving grace from the negative COVID 19 results on online retailing. But like every other option, it has its drawbacks too. Before you decide to make the switch, contemplate the consequences first. Analyze your business's inventory and sales reports thoroughly.
To help you better see the bigger picture without losing sight of the nitty-gritty, consult with a certified account manager specializing in Amazon. With his expertise, you do not only get a realistic view of the consequences. But you also get to have a more comprehensive understanding of your current situation.
Depending on circumstances, the account manager may advise you to switch to an SFP account instead. Either way, working with an Amazon account expert will always benefit your business. His expertise will guide you to make intelligent decisions that will help your business flourish.
Not yet connected to an account manager? Do not miss out on the benefits of working with an Amazon specialist. Enquire with us by emailing Jayce at [email protected] now.
When looking for the best item on the Amazon marketplace, those at the top of search results are always our first options. It's an open secret: sponsored items are the first to appear, so we immediately think they're bestsellers or have good reviews. But what does 'sponsored' mean on Amazon? Do sponsored products mean they're […]
Most answers online will say it takes 7 to 10 business days. It's correct, though applicable only in some circumstances. The answer is much more specific, depending on someone’s role in the marketplace. For starters, buyers and sellers go through different processes to get their money back when it comes to returned items. This influences […]
It’s no secret that Walmart is one of the most meticulously crafted marketplaces in the world. On top of that, they’re also meticulous when it comes to maintaining the performance of their sellers, which must be on par with their standards. While it has only been a few years since Walmart entered the eCommerce industry, […]