Tuesday, September 27, 2022

Does Amazon Owe Me Money

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Does Amazon Owe You Money? | See How Much I Got! | Reimbursement Training! – FBA Refunds and Damage!

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Our app can give you a hand with:

Evil Strategy #: Amazon Sellers Can Change Your Product Photos

If you are an Amazon seller who has not registered your brand , you need to be very careful about other sellers changing out the photos on your listing.

Heres what sucks. When someone changes the photo on your listing, you dont even get a notification! So the only way to know that this has happened is to constantly watch your listings like a hawk.

If your picture gets switched out from under you, there are many bad things that could happen. For example in the worst case, an evil seller could change your photo to a completely different product or bundle.

So when a customer buys from you and notices that the product doesnt match the photo, they could complain and ding your account.

The best way to combat this is to register your brand. A lot of new sellers skip this step in the beginning because it requires a website and a trademark but if your product ends up taking off, you need to take care of this ASAP.

Related: If you are interested in learning how to register your brand, check out my post on

For us, weve had cases where our primary photo was swapped despite being brand registered. So today, we consistently monitor our account health for anomalies.

For example, if we see a lot of returns marked as does not match description or not as advertised, we take a closer look to make sure that theres no foul play involved.

Can Amazon Put You In Collections

To add an item to a Collection, you simply click on an Add to Collection button below the product image on Amazon.coms website. To work around this problem, Amazon provides a Collect button that can be dragged to your browsers bookmarks bar, letting you add any product on Amazon to your collections.

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Automated Reimbursements With Seller Locker

Seller Locker works by syncing directly with your Amazon account and tracking your inventory.

Once you grant account, they’ll start scanning for lost inventory, damaged inventory, inbound shipping discrepancies, and even fee discrepancies.

If Seller Locker detects any reimbursement opportunities, they let you know that it’s time to take action and get a reimbursement.

If you use their Chrome extension, they can even populate the Contact Us fields for you!

Seller Locker is a paid service, but they don’t get paid until you do. Seller Locker charges you 25% of any successful reimbursements that you found via their software.

It’s a small price to pay for the number of hours it saves you. Plus, it’s WAY better than not getting any money back at all because you didn’t want to run all the reports!

You can read my full review of Seller Locker to see it in action. When I first tested the software, I got a $100 reimbursement after using the software for 4 minutes. The reimbursements were granted by Amazon just 20 minutes after that. So easy!!

If you’re ready to give Seller Locker a shot, go ahead and . Remember, you don’t pay them anything until they get you some money back.

Does Amazon Really Make Mistakes What Kind

Does Amazon Owe You Money?

Yes, they really do. When you consider the physical nature of the business, the size of Amazons fulfillment centers, and the number of people needed to store, pick, pack and ship products, then errors are bound to happen.

What kind of mistakes occur? Lets take a simple example. Say I send 100 cups into FBA, and over time I sell 20 of them. I know I should have 80 cups left, but my inventory is showing only 75. Something has clearly happened to those five cups maybe theyve been lost, damaged, improperly scanned, misplaced or even stolen. Those kind of things happen in warehouses of all sizes.

Would you notice that a few units of inventory are missing? Many sellers do not regularly audit and reconcile their inventory, so they wouldnt know anything is out of order. Often, the first they hear of it is when Amazon picks up on the error and takes action themselves.

Others mistakes that happen include:

  • Inbound items being damaged or lost by a shipper.
  • Customers asking for a return, and receiving a replacement but never sending the original item back.
  • Amazon picking up on a problem, but not refunding the correct amount.

You can find a full list of 19 different case types in Refunds Managers FAQ.

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Show Me The Money How Much Does Amazon Owe In Reimbursement Refunds

Just to illustrate how great this is, here are the potential reimbursement refund totals for two million per year sellers thats me, Manny Coats, and Kevin King over the past 18 months. Mine is the larger figure, and Kevins is the slightly smaller figure pretty impressive and it gives you an idea of what you could be owed based on your own selling stats. I say potential because this figure may include reimbursements that Amazon has already paid us automatically or which we have already claimed.

I revealed these figures along with advanced selling techniques, exclusive insider info and proven marketing strategies on our last Illuminati Mastermind webinar.

Underhanded Tactics Evil Amazon Sellers Are Using To Cheat And Get Ahead

In just the past few years, Amazon has become such a cutthroat marketplace that unscrupulous sellers have been purposely trying to sabotage their competitors. As a result, most sellers are hush hush about their products and never talk about their winners in public.

In fact Amazon is so competitive today that if you have a product that is even mildly successful, you will eventually get piggybacked by multiple sellers if you havent been already.

Heres a sampling of some of the insidious activities that are happening on the platform right now.

The tactics mentioned below are evil and highly unethical. And the fact that people are using these strategies really makes me angry.

But you should be aware of whats happening out there in case it happens to you.

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Did You Know That Amazon May Owe You Money

Introducing Refunds Manager, who help EU and US Sellers get repaid money they are owed by Amazon.

They audit your FBA account for discrepancies or mistakes made by Amazon, and submit cases to claim your money back. I like this service because its hands off and they only get paid if you make money! Their commission is 25% of the money you get back from Amazon. If this is something you werent aware of or have putting off for a while, it may well be worth it.

How Does The Amazon Prime Scam Work

Does Amazon Owe You Money? | How To Recover Your Funds Now
  • A potential victim receives a pre-recorded automated call, claiming that they have been charged incorrectly for an Amazon Prime subscription.
  • The victims believe that if they press number 1, they will be able to cancel the transaction for Amazon Prime.
  • The scammer will offer to fix the Amazon security problem. The victim is encouraged to download the Team Viewer app. After this is active on the computer, the scammer requests that they check the payment for you in your online bank account.
  • The Team Viewer app gives the criminal complete remote access to the computer. It gives them the ability to monitor all your movements online. They can harvest your bank account information, credit card details and personal passwords.

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How To Pursue An Amazon Late

If you’re going to try to get a late-delivery refund, the first step you’ll want to take is to engage with , which you can do in a couple of ways. One option is to call them at 1-888-280-4331, if you prefer to speak the old-fashioned way. If you’d rather chat virtually, you can navigate to the site’s customer service page.

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From there, look to the bottom of the page under “Browse Help Topics” and “Need More Help?” Hovering over the latter should bring up a few choices to the right, including “Contact Us.” Once you click on “Contact Us,” you’ll be taken to , where you should be able to simply click the large yellow button to “Start Chatting Now.” You’ll answer a few questions from the bot, and then either have your issues solved that way or be connected to a human agent who can help further. And you don’t have to hurry either once the chat begins, you’ll have 24 hours to conduct it.

What Did Amazon Buy For$ 137 Billion

So it was big news when Amazon bought the supermarket chain in 2017 for $13.7 billion. Amazon Prime members can get in-store discounts. This online pharmacy sends customers prepackaged medication doses. It was acquired by Amazon for $1 billion in 2018. Audible became synonymous with the audiobook market.

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How To Collect Sales Tax On Amazon

Important to note: Amazon now collects sales tax on sellers behalf in most states with an Amazon fulfillment center. The below information applies to .

Now that you are registered to collect, your next step is to ensure you are collecting sales tax from your Amazon FBA customers.

Fortunately, Amazon has a very robust sales tax collection engine.

Once you tell it what you want to collect, it will collect the right rate, even keeping up with complicated concepts like whether a state is origin-based or destination-based, or if a sales tax rate has changed.

It will also allow you to add product tax codes so you charge the right amount of sales tax on items like groceries and clothing, and allow you to choose whether or not you charge sale tax on shipping and gift wrapping.

Keep in mind that Amazon charges 2.9% of each transaction in order to collect sales tax.

The alternative, however, is not to collect sales tax from your Amazon customers and to instead pay out of your profits.

We Make Fba Reimbursements Easy Peasy Lemon Squeezy

Amazon Reimbursement Package

Are you worried about going through the complex process of reconciling, filing claims, and waiting for your money? Leave it all up to us and make Amazon reimbursements a hassle-free deal! Heres how we work step by step to encash your Amazon FBA Seller Reimbursements:

  • Get a dedicated Refunds Manager to guide you through the entire FBA reimbursement process
  • Once the Refunds Manager has access to your logs, we begin money-hunting for you!
  • We scan through your inventory reports and sales log to mark all discrepancies
  • Being double sure never hurts! We reconcile your reports through comprehensive auditing and manual cross-referencing
  • We abide by all Amazon guidelines and file the claim for Amazon FBA Seller Reimbursement
  • Once Amazon accepts the claim, we manually track the refund process for maximum Amazon Reimbursements

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Evil Strategy #: Amazon Sellers Can Tie Up All Of Your Inventory

Its quite possible that I was a victim of this first strategy during the holiday season last year. In November, a customer purchased a large quantity of product which put us out of stock of this one particular SKU.

While my wife and I were thrilled at receiving such a large order, we knew that we would not be able to replenish the stock in time to meet the rest of the holiday demand.

No big deal, we thought to ourselves. It was only 1 product. But guess what happened? A seller who was piggybacking our product got the buy box because we were out of stock.

And then about 4 weeks later, a substantial portion of that large order was returned.

So not only did we miss out on a lot of holiday sales for that particular product because we were out of stock, but we didnt make much money either because the large order was returned!

Looking back, we cant really prove whether the buyer was in cahoots with the piggybacker to purposely put us out of stock, but I learned from my friend that there are groups out there who do this on purpose!!!

Heres the strategy that the evil Amazon sellers are employing.

First off, they buy all of your inventory to steal the buy box. Then they sell your exact same goods on the same Amazon listing and on EBay.

Finally at the end of the season, they return the excess inventory!

A Real Life Horror Story Selling On Amazon

My friend Kevin Williams was making close to 8 figures selling on Amazon with his cleaning brushes when Chinese sellers decided to copy his entire product line.

And when I say copy, they made an EXACT duplicate of his cleaning brush with inferior materials, took his EXACT packaging and sold it under his listing at half the price.

Because the Chinese sellers price was significantly lower than his, they got the buy box and stole all of his sales.

Even worse, because the Chinese knockoff was a piece of junk, angry buyers started leaving 1 star reviews which basically destroyed his entire business.

For the next year and half, Kevin would invest over a million dollars and constant headache trying to fight off these sellers because Amazon does not allow you to easily shut down the copycats.

If you want to hear his story first hand, I had the pleasure of having Kevin on my podcast which you can listen to below.

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Will Canada Become A Superpower

With a population of only 35 million , a famously frigid climate and a below-replacement fertility rate, Canada would seem an unlikely candidate to become a superpower.In terms of natural resources, Canada is almost unmatched. In terms of renewable freshwater, Canada is exceeded only by the U.S. and Brazil.

What Amazon Did Wrong

AMAZON OWES ME MONEY

They increased the height by almost double, from 4 inches to 7.59 inches, and they increased the width from 7.5 inches to 9.89 inches.

I went back to the profitability calculator in Helium 10 to check to see if that made a difference with the FBA fees.

First, I checked what Amazon was charging me at the time:

I was being charged an FBA fee of $7.32 per unit. Next, I put the original dimensions into the same profitability calculator.

The fee would have been only $5.80! Since November we have sold 2000 coffin shelves. If you multiply that out, that means that Amazon was charging me $1.52 more per unit on shipping, for a whopping total of $3,000!!!

Before I tell you how I got money back, allow me to bring attention to more of my stupidity.

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Ready To Get Serious About Starting An Online Business

If you are really considering starting your own online business, then you have to check out my free mini course on How To Create A Niche Online Store In 5 Easy Steps.

In this 6 day mini course, I reveal the steps that my wife and I took to earn 100 thousand dollars in the span of just a year. Best of all, it’s free and you’ll receive weekly ecommerce tips and strategies!

Note: This post above may contain affiliate links, which means that I may receive a commission if you make a purchase when clicking a link. Please consult our privacy policy for more information.

How To Get Amazon To Refund The Thousands Of Dollars That They Might Owe You

It doesnt matter how much of an Amazon veteran you are, eventually you will find yourself making an embarrassing rookie mistake. Thats exactly what recently happened to me, and it was a mistake that initially cost Helium 10 $3,000 dollars!

Thankfully, I was able to get most of that money back from Amazon.

If it could happen to me, it could happen to you too!

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So How Much Money Could You Get Back

Paribus monitors dozens of retailers including Amazon, Best Buy and more so your refund will depend on the stores shipping policy.

With Amazon, for example, a late delivery means youre eligible for a refund of any shipping fees associated with the order in question, according to its policy. Prime members may also be eligible for additional compensation.

Paribus has negotiated everything from full or partial cost-of-shipping refunds and store credit to one-month extensions of memberships in rush-shipping programs like Prime.

Paribus price-match and delivery monitoring servicesare totally free. That means that shipping cost goes back in your pocket.

Womans World has partnered with The Penny Hoarder to bring you expert money saving tips like these.

We write about products we think our readers will like. If you buy them, we get a small share of the revenue from the supplier.

How Amazon Sales Tax Is Calculated And Assessed

Does Amazon Owe You Money?

The laws surrounding online sales taxes vary among states. For example, in Colorado, Amazon.com purchases must include a 2.9% sales tax, which is much lower than in Illinois, which charges a 6.25% base rate plus whatever municipalities or cities charge, often 1% extra. Of course, consumers pay the tax, not Amazon, but the company must devote time and resources to the collection process.

Regional online sales taxes are part of an evolving subject, and the system has seen notable changes as state governments played catch-up to online retail. In 2011, Amazon.com collected sales tax only from five states. In 2013, that number was up to 23 states. By 2016, 28 states charged a sales tax on products sold through Amazon.com, including California, Texas, Illinois, and New York. And, as of April 1, 2017, the company collects sales taxes from customers in every state that has a state sales tax .

Prior to April 1, 2017, there were four states that were holding out on tax-free shopping on Amazon.com: Hawaii, Idaho, Maine, and New Mexico. Four other statesDelaware, Montana, New Hampshire, and Oregondo not impose sales tax, and Alaska has municipal sales taxes, but not statewide taxes.

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