Glenn is one of Tamebay’s regular commenters and has been contributing to the site for many years. He’s written before about Amazon Long Term Storage Fees and he’s just received an email notifying him that Amazon are extending the cut off for charging these fees this year:
The Amazon Long Term Storage Fee cut off date email
We would like to inform you that because of the holiday period, we are extending the cut off for the Long Term Storage Fee to the 29th of August. On that day, Units that have been in an Amazon fulfilment centre for 365 days or longer will be assessed a Long-Term Storage fee. To avoid this fee, please create a removal/ disposal order for the affected Units by 29th of August.
Units that have not been actioned by this date will be charged the Long-Term Storage fee.
The Recommended Removal Report will enable you to see the units that will exceed the 365 day limit and to create a removal/disposal order for those units should you wish to avoid the Long-Term Storage Fee. To access this report sign into your seller account and go to Reports>Fulfilment>Recommended Removal Report
For more information, go to FBA Long-Term Storage or if you need any help with removal or disposal of your inventory, please contact our Seller Support team using the Contact us in your Seller Account.
The FBA Team
Glenn’s assessment of how the change in cut off date affects merchants
As you might recall I previously commented about Clearing Amazon (FBA) stock prior to incurring ‘Long Term Storage Fees’ on Tamebay
The Long Term Storage Fees were scheduled for 15th August 2012 (Amazon emailed sellers to remind them of this date on the 2nd of August) and I like many FBA sellers arranged for products to either be destroyed, returned or accepted that I would be paying a storage fee.
Well extending the cut off for the Long Term Storage Fee to the 29th of August has a number of consequences.
1. Many FBA sellers who destroyed or had products returned appear to have lost two weeks of potential sales.
2. FBA products received at various fulfillment centers between 16th August 2011 to 29th August 2011 which would not have been 12 months old as on the 15th will be over 12 months old on the 29th August.
I don’t know if products within item 2 will be charged or not and it’s not clear from Amazons help pages. It would seem unfair to state that the assessment date was 15/08/2012 and then change it, but I really don’t know if this is still the relevant date or whether it is now 29/08/2012