Amazon's Extended Timeline for EU Sellers
Amazon has announced an important update for EU sellers using Fulfillment by Amazon (FBA).
In a move designed to streamline preparations for the holiday rush, Amazon has extended the deadline for sending inventory to UK and EU fulfillment centers.
This extension provides sellers with additional time to gear up for the high-stakes Black Friday and Cyber Monday (BFCM) sales events, ensuring they’re fully prepared for the busiest shopping season of the year.
Note: For US sellers, different deadlines apply. Don’t miss our US Q4 announcement blog post for the latest updates and details specific to the American market.
Key Dates and Deadlines
Mark your calendars! Here are the updated recommended arrival dates for your FBA inventory:
- Prime Big Deal Days: September 20, 2024
- Black Friday and Cyber Monday: October 31, 2024
These dates ensure that your products will be Prime badge-ready for the festive season deal events. The extension to October 31 for Black Friday and Cyber Monday inventory gives sellers an extra buffer to prepare for these crucial shopping days.
Preparing for Peak Season: FBA Capacity and Receiving
To ensure your products are ready for the holiday rush, follow these key guidelines:
- Send Inventory Early: Ship your FBA inventory to fulfillment centers in September and October to guarantee Prime badge-readiness for Black Friday and Cyber Monday.
- Monitor Capacity Limits: Use the Capacity Monitor tool in Seller Central to stay updated on your storage limits. Consider requesting additional capacity early if needed.
- Be Aware of November Challenges: Amazon will have limited slots to accept shipments in November, focusing instead on processing customer orders. Shipments, especially palletized ones, will be processed more slowly during this time.
- Plan Accordingly: Try to have all critical inventory in place before November to avoid potential delays.
7 Tips for Maximizing Holiday Sales
1. Start Planning Now
Begin your inventory preparations now to ensure timely delivery by the deadlines. Early planning helps avoid last-minute issues and positions your products to be prominently featured during the holiday season.
With Amazon having limited capacity during Q4, relying solely on its fulfillment network for storage and shipping isn’t the best strategy. Partnering with a third-party logistics (3PL) and provider can help you stay stocked and agile, regardless of what challenges arise.
By storing inventory with your 3PL, you can gradually send it to Amazon as your capacity limits permit or for any unanticipated surge in sales. Additionally, 3PLs are ideal for holding buffer stock, ensuring that if Amazon delays checking in your shipment, you still have units available at your warehouse. These can be quickly sent to FBA via small parcel delivery for faster check-in or sold through FBM if you've reached your capacity limits or encounter other stocking issues.
2. Streamline Inventory Control
Optimizing inventory management during the holiday sales season is crucial because it ensures that you can meet high demand without stocking out or overstocking, both of which can hurt profitability. Efficient inventory management helps maintain optimal stock levels, reduces delays, and ensures timely fulfillment, which is key to maximizing sales and customer satisfaction during Q4.
To refine your inventory processes, consider using advanced inventory forecasting and automation systems like SoStocked. It allows you to accurately predict demand by analyzing historical sales data while filtering out anomalies such as stockouts and sales spikes.
For example, if you experienced a sales surge during Prime Day, SoStocked can exclude this data from future forecasts, preventing over-ordering.
Additionally, SoStocked’s customizable dashboards enable sellers to monitor inventory levels, set reorder alerts, and create detailed purchase orders directly from the platform. Its ability to monitor multiple Amazon marketplaces and account for 3PL stock, ensures that sellers can maintain optimal stock levels throughout the season. This reduces the risk of stockouts and overstock situations, which is crucial during peak seasons like the holidays.
3. Diversify Your Product Mix
Offer a balanced range of high-margin and high-volume products to attract a broad customer base and optimize sales potential. Here’s how you can strategically diversify your offerings:
Identify High-Demand Products
Start by using Amazon’s Product Opportunity Explorer to analyze current market trends. This tool helps you discover high-potential niches by providing data on emerging product categories, search volume, and competition levels.
For example, if the tool shows a spike in demand for eco-friendly holiday decorations, you might consider adding sustainable options to your inventory.
Take it a step further by using sourcing tools like ScanUnlimited to identify best-sellers and trending products. It allows you to track product performance, analyze Buy Box price, and uncover gaps in the market that you can fill. You can quickly filter products based on your buying criteria and get a list of potential products to source, ensuring you select items that are likely to perform well during the holidays.
Expand into Complementary Categories
Consider branching out into product categories that complement your existing offerings. For example, if you primarily sell electronics, adding related accessories like chargers, cases, or headphones could appeal to your current customer base. Diversifying into complementary categories allows you to upsell and cross-sell, increasing the average order value during the holiday rush.
Test and Iterate
Before the holiday season kicks into high gear, consider testing different product bundles, pricing strategies, and promotional offers. Use A/B testing to determine which combinations resonate most with your target audience. This data-driven approach allows you to refine your product mix and marketing strategies before the peak shopping days.
4. Leverage FBA New Selection
Consider using Amazon FBA New Selection program to introduce new ASINs with reduced fees, helping to expand your product offerings with less financial risk.
Listing fresh, in-demand items through FBA not only allows you to capitalize on Amazon’s vast customer base but also ensure your products are eligible for Prime’s fast shipping, which is particularly appealing to holiday shoppers looking for last-minute gifts.
Additionally, FBA New Selection provides the opportunity to gain more visibility in Amazon’s marketplace, as new products often receive a boost in search rankings. This can lead to increased sales velocity, helping your products stand out during the competitive holiday season.
Ultimately, by taking advantage of the reduced costs and increased exposure offered by FBA New Selection, you can diversify your inventory, attract more customers, and drive higher sales during the critical holiday period.
5. Optimize Your listings
Optimizing your Amazon listings for the holiday season is crucial for maximizing visibility and driving sales during this peak shopping period. The holiday season brings a surge in online traffic, with shoppers searching for gifts, deals, and seasonal items. By refining your product listings, you can improve search rankings, attract more potential buyers, and increase conversion rates.
Key strategies include:
- Updating product titles, descriptions, and images to reflect festive themes and appeal to holiday shoppers. Including lifestyle images and videos can also help buyers visualize how your product fits into their holiday plans. Use SellerTools to analyze your listings and gain actionable insights to improve your titles, bullet points and description. It ensures your listings are fully optimized for Q4.
- Adjusting your pricing strategy to include holiday discounts or promotions can make your listings more appealing.
- Ensuring your listings display recent, positive reviews. Consider using SellerTools for automating review requests from satisfied customers to boost your review count.
- Using automation tools to perform bulk edits across multiple listings, saving time while ensuring consistency in your optimization efforts. This is especially useful when managing a large amounts of inventory during the busy holiday season.
6. Utilize External Traffic Tools
Taking advantage of external traffic during the holiday season can significantly boost your Amazon sales by driving more potential customers to your listings, beyond what Amazon’s internal search traffic provides.
By attracting shoppers from social media, blogs, or other online platforms, you increase the visibility of your products, which is crucial during the competitive holiday shopping period. More traffic can lead to higher sales and improved ranking within Amazon’s search results, creating a positive feedback loop that further enhances your product’s discoverability.
PixelMe by Carbon6 can be a powerful tool in this strategy. PixelMe allows you to create short links that track and retarget users who click on them. When you share these links on platforms like Facebook, Instagram, or through email campaigns, you can gather valuable data on who is engaging with your content.
This data enables you to create highly targeted ad campaigns, directing interested customers back to your Amazon listings. Retargeting these potential buyers with relevant ads allows you to increase the likelihood of conversions, turning external traffic into sales, and maximizing your holiday season performance.
7. Monitor for Amazon Reimbursement Opportunities
During the peak sales period, the high volume of transactions and increased logistics activity often lead to inventory discrepancies, such as lost, damaged, or incorrectly received items.
Ensure you recover lost revenue from any of these inventory discrepancies by automatically tracking potential reimbursement claims with Seller Investigators. This tool can also identify canceled shipments, refunded orders not returned within 60 days, customer refunded more than paid, wrong item returned, chargeback not refunded, overages, and invoice discrepancies (e.g., incorrect weights and dimensions).
Additionally, monitoring for reimbursement opportunities ensures that your financial records reflect actual performance, allowing for more accurate profit calculations. By staying vigilant about potential reimbursement claims, you not only recover funds but also maintain a healthier cash flow, which is crucial for reinvesting in your business and sustaining growth beyond the holiday season.
Stay Ahead with Carbon6 Tools
With the holiday sales season approaching, it's crucial to stay informed about these new deadlines and prepare accordingly. Carbon6 offers a comprehensive suite of tools designed to help Amazon sellers navigate the complexities of selling on the platform, especially during peak seasons.
Our tools can help you:
- Optimize inventory levels
- Track performance metrics
- Identify growth opportunities
- Recover lost revenue
- Streamline operations
Stay ahead of the game and make the most of the rest of 2024. Plan early, stay informed, and crush it!
Kickstart your Q4 at Carbon6!
Remember, the key to success this holiday season is preparation. By leveraging the extended timeline and utilizing the right tools, you can position your Amazon business for a strong and profitable Q4. Don't wait – start planning your holiday strategy today!