Today, at Accelerate, Amazon’s annual seller conference, Amazon announced key updates to its free multi-channel shipping and inventory management software, Veeqo, including Veeqo Credits, a new program that gives sellers up to 5% back on eligible shipments.
The program means Veeqo now offers sellers access to the lowest commercially available rates, based on our pre-negotiated pricing from UPS, USPS, FedEx, and DHL and up to 5% back with Veeqo Credits.
Veeqo, which is available to sellers in the U.S. and U.K., is a shipping software offering a powerful suite of inventory and warehouse management tools, that allows businesses to import their orders from across their different sales channels and manage them in one place. Veeqo automatically updates their inventory levels across all of the places they sell, and it also tracks and organizes sales data to make businesses more efficient and easier to scale.
Acquired by Amazon in 2021, Veeqo serves sellers who use their own warehouses to fulfill orders from stores like Amazon, Shopify, eBay, Etsy and more. Since then, over 20,000 sellers have signed up to use Veeqo. There are no minimum volumes, no hidden fees, and no subscription fee required when using Veeqo.
Before I built Veeqo, I was a seller myself, and I’m proud to say that Veeqo’s free software already saves sellers an average of $1,200 a year. With the introduction of Veeqo Credits we estimate an Amazon seller shipping 5,000 orders a month could save over $7,500 in their first year.– Matt Warren, CEO and founder of Veeqo
Veeqo Scanner: Access to an enterprise-level warehouse fulfillment scanner
Also announced today is the Veeqo Scanner, which is the same warehouse fulfillment scanner used to process billions of orders in Amazon Fulfillment Centers. It’s designed to integrate with Veeqo’s inventory and warehouse management workflows and gives sellers of all sizes access to enterprise-level software, without an enterprise-level price tag.
The Veeqo Scanner improves fulfillment efficiency by decreasing the time it takes to pick an order and increasing order picking accuracy. The Scanner does this by providing warehouse teams with optimized picking routes and automatically creating picking batches based on a seller’s order queue.
With Veeqo, Amazon is continuing to develop operational resources that help businesses streamline shipping and fulfillment processes across all their sales channels. Veeqo’s launch of the Veeqo Credits rewards program with 5% back, plus the Veeqo Scanner, are two of the many new innovations for businesses that Amazon is highlighting at this year’s Accelerate conference.