Posted: May 22
Here are four essential pillars you need to know about it:
Fee Waivers
By enrolling in the program, you may qualify for:
10% Rebate
Brand-registered sellers who complete Brand Registry can enjoy an average monthly rebate of 10% for sales of eligible parent ASINs new to FBA. The rebate is applied to fulfillment fees the following month that it’s earned, offering savings between 0% and 12%.
For example, we enrolled in the FBA new selection at the end of February, 2023. From March 1st to March 14th, we had a discount on referral fees, and from March 14th, Amazon brought the discount amount back to the account. On April 1st, we had a referral fee discount again.
Unlimited Benefits
After enrollment, you can leverage fee waiver benefits for an unlimited number of new-to-FBA parent ASINs you create. Expand your product portfolio and maximize your savings potential.
Global Enrollment
Once enrolled, New Selection benefits will apply to your active accounts across Amazon stores based on your MCID and email.
What are the 2 main eligibility criteria you need to meet to join the FBA New Selection program?
You can enroll in the FBA New Selection program if your IPI score is 400 or above. If you are a new seller, you will be registered upon creating your first shipment within 90 days of listing your first buyable ASIN.
You must be eligible for the program on the date that your first new-to-FBA ASIN is received at a fulfillment center.
Standard-size and oversize items are eligible for the program. Apparel and shoe ASINs also qualify for free return processing, enhancing customer satisfaction. Exceptions are Media categories and used items.
Pay attention that parent ASINs must be new to FBA.
Enrolling in the FBA NEW selection program is an excellent opportunity to boost your business on Amazon. If sales velocity is high, you can save a decent amount of money.
AMZ Bees is an e-commerce agency that grows and manages brands on Amazon with advanced PPC strategy, listing conversion optimisation and problem solving.
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