How do you avoid being charged for a FULL YEAR of storage fees at one time for certain items (any items that have been in an Amazon warehouse for over a year and that have a quantity greater than one)?
You go and take a look at your Recommended Removals Report on Amazon and….. REMOVE items 🙂
You can access your Recommended Removal report in your Seller Account by going to Reports > Fulfillment > Inventory > Recommended Removal . Then you can either download the report, or view it directly on your screen where you can choose to remove items.
Important Note: If you are going through your removals within Seller Central, you need to do a separate removal order for each PAGE.
They really do make it pretty simple. They provide you with a list of the items that will be getting Long Term Storage fees if not removed. Then, you can go through and choose to remove them – either have them sent back to you for $0.50 each or disposed of for $0.15. Maybe you want to get those items back so you can donate them or sell them through another venue (eBay, your own garage sale, Craigs List). You also do have the option to keep those items at Amazon and pay the long term storage fee – this may be well worth it for you depending on the items.
Here is more info about Long Term Storage Fees from Amazon:
On February 15 and August 15 of every year FBA conducts an inventory cleanup, at which time inventory Units that have been in our fulfillment centers for 365 days or longer will be assessed an upfront, semi-annual Long-Term Storage Fee of $22.50 per cubic foot.
To provide additional flexibility to maintain your unique selection, one Unit of each applicable product ASIN will be exempted from the semi-annual Long-Term Storage Fee if none of your Units of that ASIN have been in our fulfillment centers for less than 365 days. Please note, FBA accounts for inventory on a first-in-first-out (FIFO) basis.
Source: https://sellercentral.amazon.com/gp/help/help-page.html/ref=ag_200684750_cont_scsearch?ie=UTF8&itemID=200684750 , accessed Feb. 13, 2013.
One, OK Two – really cool things….
- As long as you put in your removal request BEFORE the inventory clean-up days (Feb. 15, Aug 15.) you will not get charge the Long Term Storage Fees.
- Your items are still available for sale until they are actually physically removed from inventory by Amazon which could take a while (up to 2 weeks I believe).
And her is a Third, really, really cool thing….
“In this video, learn how to quickly turn on automation for your Amazon Long Term Storage Fees so that you do not get a large storage fee bill from Amazon for your FBA inventory that has been in the FBA warehouse for too long.” – Chris Green of ScanPower.
You’ll find a nifty FAQ about Long Term Storage Fees HERE that answers the following questions:
- Why do you charge for Long-Term Storage?
- Which of my products will be charged the Long-Term Storage Fee and how much will I be charged?
- Do I need to search on a daily basis for Units that are going to be charged the Long-Term Storage Fee?
- Won’t the Long-Term Storage Fee eliminate the selection FBA sellers are able to offer customers?
- What if I have some Units of an ASIN that have been in Amazon fulfillment centers for more than 365 days and some that have been in Amazon fulfillment centers for less than 365 days?
- If I have inventory of two different CDs that has been in a fulfillment center for more than a year, will I be charged $22.50 for each?
- Does the return or disposal have to be completed by the inventory cleanup date to avoid the Long-Term Storage Fee or just requested?
- Is the Long-Term Storage Fee in place of the monthly Inventory Storage Fee or in addition to it?
- If an item sells shortly after the Long-Term Storage Fee is charged, will a portion of the fee be refunded?
- How is the Long-Term Storage Fee calculated?
- From what date is inventory age calculated? What is considered a Unit’s “birthday”?
- What happens if FBA loses an item and then finds it five months later?
- What about inventory that is unsellable?
- Will items included in the Long-Term Storage program still be available for sale to customers?
So, what are you waiting for? Go check out your Recommended Removal Report and get rid of some stale inventory!
By the way…
If you have any further question about this Long Term Storage fee stuff it is really best to ask Amazon directly. Get in touch with them through Seller Services, please. 🙂