Selling on Amazon is an easy, quick way to get your products in front of millions of potential buyers, and when you take advantage of Fulfillment by Amazon (FBA) services, the process is even easier. FBA means that you ship your products to Amazon, and the brand then stores your inventory, processes orders, and even ships out your products to customers.
Of course, managing inventory is still important so that your business can keep up with demand, but how can you do this if Amazon has your products? The answer can be found in the Online Inventory Health Report.
The Online Inventory Health Report is a tool provided by Amazon that allows sellers to see the current condition of inventory items. Available as both an online spreadsheet and a downloadable file, the Online Inventory Health Report gives important information. For example, how many items are currently sellable, how many are unsellable, and how many days of cover Amazon can offer based on current inventory levels.
If you want to reduce Amazon seller fees, the Online Inventory Health Report may be able to help. Even though this report is not intended to directly reduce Amazon seller fees, it can potentially do so based on the decisions you make with the data generated from Amazon’s reporting.
For example, Amazon charges a $0.99 fee per item sold as well as additional seller fees for referrals. Amazon also offers packages for sellers that include the initial $0.99 fee. If you pay $39.99 per month for the Professional plan, you will need to sell at least 40 items to make the plan worth your while. If you want to know how to reduce Amazon seller fees, visit this website.
If you sell less than 40 items per month, you may save money by just paying the $0.99 fee per item sold since this will equal less than the $39.99 for the Professional plan. Your Online Inventory Health Report can show you how you’ve been doing in sales as well as provide you with information upon which you can project future sales.
Note: Amazon will be phasing out the Online Inventory Health Report in 2022 to make way for the Manage Inventory Health Report.
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