Amazon Seller Account Level Reserve Explained! PLUS Payability Daily Payouts

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  • Опубликовано: 12 сен 2024

Комментарии • 116

  • @NikkiKirk
    @NikkiKirk  3 года назад +1

    Join the community today! Nikkirk7.com/amazon

  • @catherinescribner6724
    @catherinescribner6724 3 года назад +26

    Also, I think it is important to state the money from pending orders will not show in your account until shipped. This took me awhile to figure out.

    • @kristenpotter2897
      @kristenpotter2897 3 года назад +1

      I’m over here wondering why my account showed negative when I have 12 orders pending

    • @auntiebibith
      @auntiebibith 2 года назад +1

      This is what I was looking for! Thank you!

  • @oneupreality
    @oneupreality 2 года назад +1

    Thanks for this video! Account level reserves have been eating away at my payouts so I really needed an explanation, this helped a lot

  • @classickita
    @classickita 3 года назад +3

    Nikki! U freaken rockstar. Thank u so much for these videos! Love your ungating guides and fb groups! Officially ungated in Beauty, Topicals, OTC, Feminine Hygiene, Toys, Legos, AND Starwars! The possibilities are endless!

    • @NikkiKirk
      @NikkiKirk  3 года назад

      Awesome! Congrats!!!

  • @brandonestelle6318
    @brandonestelle6318 3 года назад +1

    Ahh Texas! I'll be heading there soon myself! And thanks for sharing! daily payouts are a great idea in situations where cash flow is very important.

  • @tracywoods6412
    @tracywoods6412 3 года назад +10

    I have been selling for almost two months and I have sold over $1600 of merch but I have only been able to get a payout of around $180 total. Why does it take so long? Can you explain how this all ramps up when you first begin selling

  • @eliadavidson9124
    @eliadavidson9124 Год назад

    I greatly appreciate the thorough overview of the payment's dashboard. Keep up the good work.

  • @CatchableComa
    @CatchableComa 3 года назад +11

    Payability's fees will eat your profits alive. I would be careful using it for anything more than snagging that $250.

    • @anthonywitcher6529
      @anthonywitcher6529 3 года назад

      2% fees are eating your profits alive?

    • @JasmineJeane
      @JasmineJeane 3 года назад +1

      @@anthonywitcher6529 from what i hear they are taking 2% of the gross amount.. which is cra bc if i sell an item for $100 they take $2 .. but say i only make $20 on that item... now that's $18... but times however many items i sell. idk.. seems kinda sketch... open to further explanation.

    • @plydtfn4140
      @plydtfn4140 3 года назад

      @@anthonywitcher6529 right😂😂😂

    • @ayodejiabraham7296
      @ayodejiabraham7296 3 года назад

      @@JasmineJeane That's exactly what they're doing. I'm trying it out for a month and may cancel next month.

    • @ogray2635
      @ogray2635 2 года назад

      @@ayodejiabraham7296 did you end up canceling?

  • @karlagranja2002
    @karlagranja2002 3 года назад +6

    Hi Nikki, is there an Account Level Reserve detailed report available on seller central? We're qualified as Reserve Tier II we don't have any pending claims, still the amount of Account Level Reserve are way too high. We need to figure this out in order to plan our cash flow correctly.

  • @KN-yk3jo
    @KN-yk3jo 3 года назад +1

    Thank you! This is so much help for so many people who is starting out like myself!

  • @euniceingram
    @euniceingram Год назад +1

    Also, any orders shipped the fees comes out your available money.

  • @dmiller1229
    @dmiller1229 3 года назад +4

    Nikki...how did you learn all this stuff?? My brain is scrambled

  • @Drumgirl92TTV
    @Drumgirl92TTV 3 года назад +2

    Love your videos. They are very helpful as I am starting FBA

  • @tomspehr6255
    @tomspehr6255 3 года назад

    This is so good what you put together here! Very well explained and good deep dive on this subject matter! Thank you!! :)

  • @sacaloslots8577
    @sacaloslots8577 Год назад

    That was a Fabulous explination. Now I feel more in control. No more guesing TY

  • @sibisri5285
    @sibisri5285 3 года назад +1

    Thanks Kirk. . Clean explanation. . Highly useful 👍👍

  • @dandylawnandmaintenance4407
    @dandylawnandmaintenance4407 3 года назад

    Thanks Nikki for all the info. I am a new subscriber and have learned a bunch from your channel compared to others. I also have just been approved by FBA and am just trying to figure it all out. I am sure once I get my feet wet everything will be ok. Thank you again for your content much appreciated.

  • @BullyGym1
    @BullyGym1 8 месяцев назад

    This was really helpful because I was freaking out about why am I not getting paid

  • @mr7_noob
    @mr7_noob 7 месяцев назад

    Thankyou sooo much it’s been my headache icl 😭😭😭

  • @solumefood
    @solumefood 2 года назад +1

    Why the crap so I have an item for 4.53 and amazon is taking out 3.37 in fees 😑😑

  • @abdulkadirahmed2699
    @abdulkadirahmed2699 Год назад

    Thank you, Nikki Kirk this video helped out a lot.

  • @miaomiaoyuyu
    @miaomiaoyuyu 2 года назад +1

    I have 3800+ sales in past 22 day when I first start. And until today I can only transfer to my bank $172

    • @r3strict3dtv
      @r3strict3dtv 5 месяцев назад

      same. how long did it take to get your whole amount. They hold the payments to long. that's what I don't like as a first seller

  • @meditation6259
    @meditation6259 3 года назад +2

    Hi Nikki! I appreciate all your content, you are invaluable with your straight forward fba info. I have a question, if I want to become ungated do I have to have an LLC first?

  • @chinyereonyenwe9107
    @chinyereonyenwe9107 Год назад +1

    After taking out account level reserve of $65, Amazon said my net amount due on the payout day is $50. But on the payout day, I got $7. The balance of the $43 left didn’t appear on my beginning balance. Only the $65 previous account reserve showed up. Does anyone know why?

  • @kevinshuman7342
    @kevinshuman7342 2 года назад +1

    Wonderful information thank you

  • @danielyepez4709
    @danielyepez4709 3 года назад +1

    hell do you have tutorial about how to open a seller account

  • @user-qk3dx7ho5x
    @user-qk3dx7ho5x Месяц назад

    When payability pay? After ship? Or just next day with pending order?

  • @ND-lz2ti
    @ND-lz2ti 2 года назад

    Hey , I heard u wore in Texas a year ago… greetings from H town,👍🏽

  • @sophiaisabellamills
    @sophiaisabellamills 3 года назад +2

    hi !! i love your videos so much & just signed up for my seller account !! one thing holding me back is , where do i ship it to amazon and how ? might be a silly question but i can’t find out where lol 😭😫🤍

    • @NikkiKirk
      @NikkiKirk  3 года назад +1

      When you create a shipment in seller central it tells you where to send it to ;)

    • @sophiaisabellamills
      @sophiaisabellamills 3 года назад

      @@NikkiKirk you’re the best !! thank you ! starting sourcing tomorrow & hopefully i’ll get ungated & join the bolo group 😌

  • @theworldaccordingtonevaeh887
    @theworldaccordingtonevaeh887 Год назад

    No lies detected a whole month later $0
    Sold almost a thousand dollars worth of merchandise got nothing
    In 3 months You make over $6000 dollars in sales you’ll be lucky if you get $2000 😢 reserves, fees and returns are ridiculous

  • @austinstarling2515
    @austinstarling2515 5 месяцев назад

    Hey I still can't find any answers on why the buyers are having to pay for the migrated shipping and I can't turn it off. I am having to pay for shipping at the post office and the buyer is having to pay for shipping to Amazon, but I am never seeing that money when I get paid. It is only for what I sold not having theprice the buyer paid on top of that any tips on how I can turn the shipping price off

  • @Lex-hm9xg
    @Lex-hm9xg 2 года назад +1

    So basically your always a cycle behind?-which isn't a big deal after you've gotten a couple months in...is this correct?

    • @NikkiKirk
      @NikkiKirk  2 года назад

      Correct, I wait for my payouts every two weeks

  • @kmariehairco
    @kmariehairco Месяц назад

    Very very helpful

  • @krishubert95
    @krishubert95 3 года назад +1

    Thank you soo much for this video !

    • @NikkiKirk
      @NikkiKirk  3 года назад

      You’re very welcome!

  • @KittyPurrzzUnique
    @KittyPurrzzUnique Год назад

    Great information. Do you currently use playability?

  • @330Buckeye
    @330Buckeye Год назад

    Very helpful. Thank you!!!

  • @muhammadyahyachapra2250
    @muhammadyahyachapra2250 2 года назад

    Well explained. Thank you.

  • @Z.ahmad99
    @Z.ahmad99 3 года назад +2

    Do you need both an LLC and a sellers license to sell on Amazon?

  • @coryg4553
    @coryg4553 5 месяцев назад

    I’m over waiting for my money. I might move everything to eBay

  • @patbender_
    @patbender_ Год назад

    Thanks for sharing!

  • @matthewcavanaugh1638
    @matthewcavanaugh1638 3 года назад

    I want to take an Amazon selling bootcamp course (I'm a newbie). What is the best course to take, from learning how to open a new sellers account all the way to the first few months of sales?

  • @orlandomontelongo7538
    @orlandomontelongo7538 3 года назад +1

    What of you don’t have a credit card on file?

    • @bobjcomedy8209
      @bobjcomedy8209 3 года назад

      You must have a credit card. I had to go get one just to do this.

  • @authenticallykennedy1870
    @authenticallykennedy1870 3 года назад +1

    Hi I have a question.... when you say “ if you’re a new seller they will take more money” does that mean we will never get it? Or it will just take us longer to get our money ?

    • @RedBig10001
      @RedBig10001 3 года назад

      It just takes longer to get it.

  • @yadvendarkant2860
    @yadvendarkant2860 2 года назад

    People are getting previously payouts again and again even account is deactivated,,how it’s possible....??

  • @ScottWalker555
    @ScottWalker555 3 года назад

    Do you know if Amazon has a glossary for their statement jargon? Most of the terms they use do make sense to me but I do come across terms that leave me scratching my head. For instance 'Promo Rebate' is listed as an expense to me? I don't know what that is. I wasn't running any promos or offering any rebates 😂Thanks for everything you do. You really are very helpful.

  • @t87mitch
    @t87mitch 2 года назад

    How come you have no "other" fees, are you doing FBM only? I figured out that these include shipping costs. Can you please confirm so its not even more confusing for us. Thanks so much!

  • @CorexCore
    @CorexCore 3 года назад +1

    Someone please help i know I have to make a account with a credit card but can I pay for shipping with debit card and other stuff with my debit

  • @alejandramirandabollinger8579
    @alejandramirandabollinger8579 Год назад

    HI Nikki!why would be the reason the fba fees and amazon fees is greater than the product charges..answer me please

  • @Markmywords365
    @Markmywords365 2 года назад +1

    Why does the reserve look negative? Is this normal? I don't have any negative account levels but it's always in RED with a negative sign on it.

    • @NikkiKirk
      @NikkiKirk  2 года назад

      Because it is negative. It’s money they’re holding back from you

  • @Its.dani.Y
    @Its.dani.Y Год назад

    Have you ever had your repay balance negative, if so how does that work? Amazon would take that negative number from your cc?

  • @alisoncastro5019
    @alisoncastro5019 3 года назад +1

    I am considering purchasing your ungating guides but is it necessary to have an LLC or reseller’s license to get ungated?

    • @KN-yk3jo
      @KN-yk3jo 3 года назад

      No, it is not necessary. I’m ungated in toys and grocery and topicals and I still don’t have the company set up yet.

  • @haileyhayes3489
    @haileyhayes3489 3 года назад

    Hi Nikki! San Antonio here! :) Will your guide help me get unlocked in Beauty Category Sub Category Skin Care? Is that topicals?

  • @tennille6165
    @tennille6165 2 года назад

    When I copy flat file to paste into google sheets, does not appear organized. Did you just highlight copy then paste?

  • @jakobh6257
    @jakobh6257 3 года назад

    Good info!

  • @katygriffith9472
    @katygriffith9472 3 года назад

    Good information.

  • @TATTDIS
    @TATTDIS 2 года назад +1

    So if there is a negative balance you don't get paid at all?

    • @NikkiKirk
      @NikkiKirk  2 года назад

      If on your next payout in the app it has a negative number that means they’ll charge that amount to your credit card. It only really happens when you start unless you have just been bleeding money selling. There will always be an account level reserve

  • @englishwithme9922
    @englishwithme9922 2 года назад

    How would I know specifically when the order was delivered to the customer, e.g. I have an order placed on the 16 , shipped the next day just showing payment was done, shipping expedited however today despite being two weeks funds still on reserve

  • @user-zp4lw3in3m
    @user-zp4lw3in3m 10 месяцев назад

    If i closed my account then Amazon giving me my reserved amount

  • @hamzakhalid3702
    @hamzakhalid3702 Год назад

    So we will get the money back right ??

  • @brybry4795
    @brybry4795 3 года назад

    So are you just out the fees and cog on returns? 🤔

  • @jasoncurcio6631
    @jasoncurcio6631 3 года назад

    Do you really need a DBA for the professional account?

  • @saravananb9242
    @saravananb9242 2 года назад

    Hi Nikki how do track the payment paid against which orders

  • @Turchinsky86
    @Turchinsky86 3 года назад

    before i even will see the video, my Quastion -will i have all thous money payed to me ?;sooner or later, all that reserve amount ?with every new sale, it is growing, ok i got it .but How Amazon will know that Customer received my parcel ? may be i just printed labels and thats it.but how and when will Amazon know that product reached customer,and i now can have the money ?thank you ^)probably it takes some time ,if customer did not ask for refungd or anythig else ,Amazon knows that everithing is fine and sends me money.(thats how i understand ) ?

  • @matinmashayekhe1746
    @matinmashayekhe1746 3 года назад

    So amazon pay me back account level reserve? Or only reduct first sale?

  • @mmd195401
    @mmd195401 Год назад

    You should do voiceovers. I know......random.

  • @malookg3886
    @malookg3886 3 года назад

    If we don't get any claim can we withdraw.. Account level reserve

  • @jeremydaily
    @jeremydaily 2 года назад +1

    You're really doing a disservice to people in the community recommending payability for an affiliate check.
    If they're actually a good company then you would be transparent with showing their interest rates. People are reporting 114% APR and a TON of problems trying to get out. If this is all bad information and wrong - you should address it.
    You're teaching new sellers a bunch of information and from the looks of it a terrible company is paying you $250 per signup to make people bankrupt all under the guise that you're helping them grow their business.
    If I'm wrong about payability doing this to people, do tell because word from other prominent sellers in the space say they are.

    • @NikkiKirk
      @NikkiKirk  2 года назад +1

      New sellers can’t sign up, you have to have 3 months of $2000 or more in sales so therefore it’s not open to new sellers. I’ve heard from my own community who recommend it that it’s great and they’re able to grow their businesses so your comments are unfounded. Best of luck to you. Maybe go make a video telling your experience and I’ll continue to tell mine

  • @ProsperousHobo
    @ProsperousHobo Месяц назад

    Amazon makes this so ridiculous to navigate....

  • @danielyepez4709
    @danielyepez4709 3 года назад

    mazon pay each 14 day

  • @umer7841
    @umer7841 3 года назад

    6.63 dollers on single item wah i need to setup amazon US account as quickly as possible

  • @matinmashayekhe1746
    @matinmashayekhe1746 3 года назад

    What is this i just sale my first 10$ and i just pay 5$ tax😑

  • @lightbeingchi
    @lightbeingchi 3 года назад

    i’m still a little confused, i’m a new seller and my account reserve is about negative $300 and $0 balance and i’m worried that i’m not going to get anything after fees even though when i was picking items i calculated everything

    • @miriellechera2554
      @miriellechera2554 3 года назад

      Hey girlie! I’m just starting Amazon too and I’m in the same boat, did you end up getting your money?

    • @lightbeingchi
      @lightbeingchi 3 года назад +2

      Mirielle Chera I did, it takes a couple business days after the payout day!

    • @TATTDIS
      @TATTDIS 2 года назад +1

      @@lightbeingchi How long after you shipped your first item did you have the money in the bank?

  • @Scilliaphotography
    @Scilliaphotography 2 года назад

    Great explanation. There is still one thing I don't see. Last month they withheld $15.62 as an Account Level Reserve. With your explanation I understand what they did but when will I see that amount credited back to me? I have to show that in my accounting. How do I reconcile that?

  • @ricktorres1319
    @ricktorres1319 2 года назад

    Is the reserve account always in a negative status?

    • @asiamcklin914
      @asiamcklin914 Год назад

      My negative is because I refunded some shipping labels I purchased thru Amazon which can take up to 30 days and Amazon will try to take it off your card on the date it says your payout,l but I’m not sure why yours is negative

  • @dennismassie3552
    @dennismassie3552 3 года назад

    👋🏻Florida ☀️🌴🇺🇸

  • @syedshah933
    @syedshah933 2 года назад

    ScAmazon needs to update their shitty payments

  • @yassinekhodri538
    @yassinekhodri538 2 года назад

    hi Nikki i went through your link but didnt get the 250$ !!

    • @NikkiKirk
      @NikkiKirk  2 года назад

      Hi Yassine, I would contact Payability directly for their terms and when they pay it

    • @yassinekhodri538
      @yassinekhodri538 2 года назад

      @@NikkiKirk hi thanks for the replay. did it go through in your affiliate ? just to make sure so i can contact them pls

    • @yassinekhodri538
      @yassinekhodri538 2 года назад +1

      i finally got it thanks !