There’s a great Seller Fulfilled Prime Incentive for Amazon Sellers this January – enroll for Seller Fulfilled Prime (SFP) for the first time and receive 100% off your referral (selling) fees.
If you want a huge boost to your sales on Amazon, the easiest answer is to use FBA (Fulfillment by Amazon). This entails putting your stock into Amazon’s warehouses where they will pick, pack and ship your orders and handle customer service and returns on your behalf.
Not everyone wants to put their stock under Amazon’s control however. This might be because you also sell on other venues or because your product are large and heavy or require specialist handling and FBA costs would be prohibitive. To address this, Amazon introduced Seller Fulfilled Prime.
Now, to encourage more merchants to sign up, Amazon are running a Seller Fulfilled Prime incentive which offers 100% off referral fees on the first 500 units you sell under the program. This is an ideal opportunity to self fulfil your most expensive products on Amazon whilst still gaining Prime eligible status (after completing the Seller Fulfilled Prime trial period) and thus a great chance of your offer being featured in the Buy Box. As the 100% off referral fees is for your first 500 units sold, don’t waste the incentive on low value items – they might as well be popped into FBA.
The big boost from sales comes from the millions of consumers already registered for Amazon Prime. They get free shipping on millions of items either sold by Amazon or sold by third parties and fulfilled by Amazon. With Seller Fulfilled Prime, your products can also be included in the Prime program and ship for free to Prime subscribers (although of course you’ll still pay FBA fees or shipping through SFP)
To take advantage, you’ll need to register for Seller Fulfilled Prime before the 31st of January 2020. Further details including terms and conditions for the Amazon Seller Fulfilled Prime incentive are available here.