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π About this video: Seller Bench is a tool for Amazon FBA sellers that takes care of reimbursement claims on your behalf & only makes money when Amazon pays back what they owe you.
According to Seller Bench, "...Amazon owe[s] 99% of sellers money"!
This is typically due to errors related to one or more of the following things:
- Amazon lost inventory at the warehouse, and it has been 30 days
- Amazon damaged inventory at the warehouse, and it has been 30 days
- Amazon claims to have reimbursed a return but it has not been reimbursed
- Amazon improperly received or miscounted items from inbound shipments in past 9 months
- Amazon claims to have placed an item back into your inventory but it has not been replaced
- Amazon issued a refund, but customer never returned item and it has been 45 days
- Amazon accepted a return after 45 days but you weren't reimbursed for the 20% restocking fee
- Amazon reimbursed you for less quantity than you were supposed to get reimbursed for
- Amazon's reimbursement is too small compared to value of item
- Amazon issued a chargeback but didn't reimburse you
- Amazon issued a partial refund but you were not reimbursed
- Amazon approved refund past the normal approval window per their policy
- Amazon destroyed item without your request or permission
- Amazon refunded the customer more than they paid for originally
- Amazon or carrier damaged a customer return
- Amazon or carrier damaged inbound shipments in transit, and it has been at least 30 days
- Total reconciliation of all inventory transactions
They currently only support the US marketplace, and you must have a pro seller account in order to use them, as they need authorization within Amazon MWS API in order to read the data from your account and figure out how much money you're owed.
(It sounds a lot scarier than it actually is - in total it will probably take you 10 minutes to authenticate them).
They offer a free demo of their software here:
When you sign up for their reimbursement recovery service, your case manager reviews your account on a weekly basis & files a small batch of claims with Amazon for you.
They handle all follow ups related to the claims submitted on your behalf, and occasionally reach out to you if there are any particular cases that may need documentation from you.
They charge 25% of any successfully recovered reimbursements, meaning they only make money when we do.
Read more here:
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π About this channel : My name is Ryan & I'm 30 years old. I work full time as a Sr. Front End Web Developer, and part time as an adjunct professor teaching web development at a local university. Both of my day jobs are awesome! But that doesn't change the fact that I'm completely addicted to the idea of building passive income streams that will allow me to retire from ever working a 9 to 5 job again. I'm going to use this website as a platform to share every detail about my deep dive into making passive income online. I've invested hundreds thousands of hours into this journey and learned a ton. While I share the vast majority of information for free, I do reserve certain tools, tips, and tricks exclusively for students that enroll into the online courses that I offer.
The information shared on my YouTube channel & resources made available are for educational, informational purpose.
#AmazonFBA #FulfillmentByAmazon #AmazonSeller
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