Navigating Amazon's Inventory Landscape: How WishingUWell Helps Brands Hit the Sweet Spot
WishingUWell, Inc
Taking brands to the next level on Amazon and beyond—we don’t just plant the seed, we’re there for every step of growth!
Understanding Amazon's Inventory Fees
Amazon imposes both low inventory and excess inventory fees that can significantly impact your bottom line. Maintaining too little inventory risks missed sales opportunities and potential penalties, while holding too much results in extra storage costs. Striking the perfect balance is crucial, yet complex.
Low Inventory Fees
Low inventory fees are charged when your stock dips below a certain threshold. Amazon looks back 30-90 days to calculate historical demand, excluding high peaks from sales events like lightning deals or Prime Day deals. It’s paramount to keep adequate inventory to avoid these fees. However, inbound inventory—which is on its way to Amazon's warehouses—does not count towards low inventory calculations, presenting another layer of complexity.
If you're mistakenly charged for low inventory, all is not lost. WishingUWell can track these errors and apply for reimbursements on your behalf, ensuring you’re not unfairly penalized.
Excess Inventory Fees
Excess inventory can be just as problematic, leading to increased storage fees. The key to avoiding this is precise forecasting and inventory management. This is especially important during seasonal spikes like summer travel or Prime Day when demand can be unpredictable.
WishingUWell's Solution: Expert Inventory Management
WishingUWell offers a comprehensive inventory management service that ensures you hit that sweet spot between too much and too little stock. Here’s how we do it:
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Advanced Forecasting
Our team of experts continuously monitors market trends and adjusts inventory levels accordingly. This includes detailed planning for specific times of the year like summer, where product demand can vary due to travel and hot weather.
Continuous Monitoring
We stay on top of your inventory, tracking inbound shipments and current stock levels to ensure they meet Amazon's requirements. By doing so, we help you avoid unnecessary fees and maximize your sales potential.
Reimbursement Management
Should any discrepancies arise, such as incorrect low inventory charges, WishingUWell handles the reimbursement process for you. We keep meticulous records and work with Amazon to correct any errors, saving you time and money.
Why Choose WishingUWell?
At WishingUWell, we're not just another Amazon service provider. We offer a full-service exclusive partnership where we buy products upfront, taking on the inventory risk ourselves. This means you can focus on other aspects of your business while we handle everything from inventory management to packaging, shipping, and customer service.
We also provide detailed reporting and analytics, giving you clear insights into your sales performance and inventory status. With our Managed Seller Services, you get tailored support based on your specific needs, all aimed at enhancing your Amazon strategy and boosting your brand's online presence.