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But are they really??? I quit selling on Amazon a couple yrs ago and they only sent me half my products back. When questioned, they swore the other half was non-existent! When I have debated going back to FBA, I think of that!
I will tell you with 100% certainly they are going to use this to undercut sellers. I’m friends with a light distributer and every damn year I get an authentic complaint and Amazon requests invoice. In a week or two they contact my distributer and try and cut a deal stating if they buy a certain high number to get a discount and the kicker “they want venders from the manufacture to have it where no compete on Amazon” meaning we can’t sell it on Amazon. Highly illegal but Amazon business model.
I stopped selling on Amazon this year. It ends my 15 year run on there. The money was FANTASTIC, the hassle was not worth that money at all. I do miss the money I made there, and it was a significant hit, but my Christmas and January are so much nicer thus far.
I am now 80/20 FBM and considering going 100 if I can get more space. This is just another issue in a long line of fee increases, shipping increase due to split orders, placement fee increases and re-gating to the point of restricting manufacturers at optimum times. Its crazy.
Royal Mail in the UK has been doing this to online sellers for years, they refund only the cost value,not profit or fees, they don't even refund the postage cost, it absolutely sucks.
I don’t know what you’re doing buddy but I know a friend who uses Royal Mail they paid him the sold value of the item and gave him cost of postage after losing the item I think you can’t ask for more personally compensation is asking a bit much aslong as they reimburse what the sold item was then I think congratulations to them hats off
This goes with Amazon’s mantra of eliminating competition. This is definitely part of their plan to not only gain control of your assets but figure out ways to keep the assets from you to sell.
Sold on Amazon with my husband years ago. We started FBA 2018. Amazon literally hijacked a tjs arbitrage listening we were on. All sales just stopped for all sellers. People were dropping prices to nothing, and Amazon stepped in, we'll "help" you sell your inventory...put themselves in the buy box at a cost . Thieves!! We paid per item to have it shipped back to us. My husband did all the shipping. He passed last year. I taught myself shipping and moved over to other platforms. Bye-bye Amazon🎉🎉
Not an amazon seller, we refuse to add our business to amazon because of all of their shady policies and practices for legit sellers and businesses. However, if we were an amazon seller that would have been the final straw for us. All of these monopolies.. makes it incredibly difficult for businesses. Wish you all the best, it's a doggy dog world right now. Definitely in need of some new platforms now a days. They're all full of corrupt greed.
Agreed dog eat dog world but I'm seeing also a chase to the bottom where everyone is undercutting everyone just to get a sale. Basically everything gets undervalued and def a buyers market
I gave up on Amazon pretty much before I even started. They kept sending compliance notices on products I did not even have in stock. I stopped after only making a few sales. Then 30 days later they deactvated my account for 'inactivity' and demanded I re-verify everything I had already verified 3 months earlier. Nope. Not going to live with this kind of stress for negligible margins and constant threat of getting shut down for nothing. I'll stay on other platforms.
I switched to FBM 1 year ago, and I don’t have to worry about them losing my items. The only thing I have to worry about now is the customer saying they didn’t receive the item & the post office showing it was delivered & telling me that I have no recourse because it says it was delivered, so on higher dollar items, I send it with signature required. I don’t mind spending the extra $ and saves me a headache. This has happened to me on EBay & Amazon this year.
Actually on eBay if the item shows delivered Ebay will not issue a refund. I’ve had this happen a number of times and as long as tracking shows delivered you will not be responsible.
Here is another twist to an Ebay story. The made the decision on the phone that it was delivered, and a week later they emailed me and said they reversed their decision if favor of the buyer. But I explained to them that the tracking said that someone received it at this business building, so they reversed the decision in my favor. I have been selling on Ebay for over 15 years , so maybe they used that in consideration.
I closed my Amazon account last summer. I ordered shipping boxes ($37). They delivered knives and dry cereal. After many phone calls, I just kept the knives (value
@@DennisMiles-nu9um when you’re beholden to shareholders who always demand ever increasing gains on their investment…it will never end and it will never be enough. But all they can do to keep those people happy is to confiscate more and more of the profit from 3rd party sellers because there’s nowhere else to take the money from. Amazon is essentially taking your profit and transferring it to shareholders. It ends when 3rd party sellers all leave because it’s not worth it financially to sell on the platform….which is getting closer and closer by the year.
I’m honestly wondering if Amazon will remain as popular as they are in the long term. They’re chasing away good sellers and incentivizing foreign manufacturers to sell on their platform and provide terrible customer service.
The return culture created by Amazon, in part, is out of control. I ship my own product for the few sales we make. Last week, one lady tried 6 different sizes of my product all in one purchase and sent back 5 ripped open and no longer salable on Amazon. Product must be new and sealed. I'm spending time and money to volunteer for some jerk on Amazon. Zero accountability for the buyer. The returns line at Kohls and Whole Foods is out the door, always.
@@lennylink8772 I disagree. It's not the price of doing business. We've been at this for 18 years and its gotten out of hand, so we sell mostly on Poshmark where we don't have that cost. Some returns are okay, but Amazon letting buyers abuse small sellers is not normal.
I've been thinking about retiring from my job next year and invest that extra time into FBA again. Now,,,,,hmm....maybe I need to re-think that plan. My other sideline platforms are not enough to sustain myself, but AZ sounds like they will just fine me every time I have a chance to make any money. 🤔
Shady business practice and they should be reported to the Better Business Bureau, by my guess is they have ways to avoid anything coming from that. Unbelievable.
The second option WAS the TikTok affiliate shop. They were head to head, if not slightly more profitable FOR sellers, than Amazon the last two years. Then the gov stepped in and banned the app (TikTok is likely gone). This isn't me defending tiktok at all. But it IS ironic that the US gov is so concerned about a foreign communist gov's app being used as a Trojan Horse. Yet, the same US gov was not concerned when ALL OUR Social.Security numbers were leaked this past April and were only told this in August. Or the fact that this same administration are on record, not me making this sh-t up, were colluding with foreign governments with bribery. If this weren't true, the outgoing head honcho would not have preemptively, suspiciously, and coincidentally "pardoned" his son when he was NOT even convicted in a court of law. That said, the CEO of Amazon does have ties to the outgoing administration. So with no more competition and how Amazon is notorious for sh-t in the past, this does not surprise me at all. Beware of doing business with a monopoly company. Now you can understand why the smart ones create and open their own websites to sell.
Whose to say they aren't pretending like they "lost" it just to resell it under Amazon direct instead? Sounds like they are doing some shady business tactics.
😡 As if they didn't use 3rd part sellers enough for their market research! I went on vacation with Amazon a couple of years ago and I'm honestly reconsidering ever going back to it.
I stopped selling FBA in 2023. Amazon would make more money on my item than I did and then amazon buyers love to return things on amazon which would cause amazon to return the item to me at my cost. This new thing sounds ridiculous. You can scrounge around and find an amazing source and send in your items and then Amazon can just say they lost it and pay your cost for the item you hunted all day for or drove around doing retail arbitrage. I know people that find a product and drove state to state buying them, I remember a particular monopoly set someone drove around buying over a 100 them from multiple states.
People still do FBA? That's so 2015. I got into FBA in 2014, got out in 2017, made a ton of profit, Amazon's open ended returns cost me thousands of dollars in lost product and money, and the ignorant know it all sellers that always ran the prices into the ground for the buy box made no sense to me. I used to buy out those idiots and then return the price back to normal.
@@JamesWilson-ci8jc not really it’s just on lost items which honestly is rare. At my peak I sold 400,000 on Amazon in one year and they lost like 2/3 items totaling $80
Your using their platform, using their advertising, your using their name. They own it you asked to sell there and now all the complaints, greed is interesting, what you do to make money and then complain because you didn’t understand the rules. It’s Amazon!!! Don’t sell there if you don’t like it, don’t work hard if you don’t like it. Before anyone starts with the - so you work for Amazon, I don’t and I don’t do FBA, I researched it as a consideration. It’s a great vehicle for greed and also for disappointments
Well someone has to pay the 600 million for a wedding...lol..just sayin'....and you still think that it's a good idea to sell on this platform? Serious question, not trying to be a pita....😊 they have been contacting me for years to sell in their Handmade category.
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
Make sure to check out the 2025 Reselling & Social Media Training Bundle of videos, guides, pdfs, sheets and more:
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Use discount code Christmas50 get 50% off!!
Also, let's go back to the main issue - why are they "losing" inventory? So irresponsible.
BINGO
But are they really??? I quit selling on Amazon a couple yrs ago and they only sent me half my products back. When questioned, they swore the other half was non-existent! When I have debated going back to FBA, I think of that!
@@angelbabe1977wow! That's crazy awful. I think this is just compiling data to store it intentionally for their own profitablity gains.
I will tell you with 100% certainly they are going to use this to undercut sellers. I’m friends with a light distributer and every damn year I get an authentic complaint and Amazon requests invoice. In a week or two they contact my distributer and try and cut a deal stating if they buy a certain high number to get a discount and the kicker “they want venders from the manufacture to have it where no compete on Amazon” meaning we can’t sell it on Amazon. Highly illegal but Amazon business model.
No doubt about it
This is exactly what I thought as soon as I heard this. Their game plan all along has probably been this.
I stopped selling on Amazon this year. It ends my 15 year run on there. The money was FANTASTIC, the hassle was not worth that money at all. I do miss the money I made there, and it was a significant hit, but my Christmas and January are so much nicer thus far.
Its def a money train but tons of hoops
I am now 80/20 FBM and considering going 100 if I can get more space. This is just another issue in a long line of fee increases, shipping increase due to split orders, placement fee increases and re-gating to the point of restricting manufacturers at optimum times. Its crazy.
I don't trust Amazon so, I will continue shipping out my own inventory like usual.
Royal Mail in the UK has been doing this to online sellers for years, they refund only the cost value,not profit or fees, they don't even refund the postage cost, it absolutely sucks.
I don’t know what you’re doing buddy but I know a friend who uses Royal Mail they paid him the sold value of the item and gave him cost of postage after losing the item I think you can’t ask for more personally compensation is asking a bit much aslong as they reimburse what the sold item was then I think congratulations to them hats off
This goes with Amazon’s mantra of eliminating competition. This is definitely part of their plan to not only gain control of your assets but figure out ways to keep the assets from you to sell.
Sold on Amazon with my husband years ago. We started FBA 2018. Amazon literally hijacked a tjs arbitrage listening we were on. All sales just stopped for all sellers. People were dropping prices to nothing, and Amazon stepped in, we'll "help" you sell your inventory...put themselves in the buy box at a cost . Thieves!! We paid per item to have it shipped back to us. My husband did all the shipping. He passed last year. I taught myself shipping and moved over to other platforms. Bye-bye Amazon🎉🎉
Not an amazon seller, we refuse to add our business to amazon because of all of their shady policies and practices for legit sellers and businesses.
However, if we were an amazon seller that would have been the final straw for us.
All of these monopolies.. makes it incredibly difficult for businesses. Wish you all the best, it's a doggy dog world right now.
Definitely in need of some new platforms now a days. They're all full of corrupt greed.
Agreed dog eat dog world but I'm seeing also a chase to the bottom where everyone is undercutting everyone just to get a sale. Basically everything gets undervalued and def a buyers market
I gave up on Amazon pretty much before I even started. They kept sending compliance notices on products I did not even have in stock. I stopped after only making a few sales. Then 30 days later they deactvated my account for 'inactivity' and demanded I re-verify everything I had already verified 3 months earlier. Nope. Not going to live with this kind of stress for negligible margins and constant threat of getting shut down for nothing. I'll stay on other platforms.
I switched to FBM 1 year ago, and I don’t have to worry about them losing my items. The only thing I have to worry about now is the customer saying they didn’t receive the item & the post office showing it was delivered & telling me that I have no recourse because it says it was delivered, so on higher dollar items, I send it with signature required. I don’t mind spending the extra $ and saves me a headache. This has happened to me on EBay & Amazon this year.
Actually on eBay if the item shows delivered Ebay will not issue a refund. I’ve had this happen a number of times and as long as tracking shows delivered you will not be responsible.
Here is another twist to an Ebay story. The made the decision on the phone that it was delivered, and a week later they
emailed me and said they reversed their decision if favor of the buyer. But I explained to them that the tracking said that someone received it
at this business building, so they reversed the decision in my favor. I have been selling on Ebay for over 15 years , so maybe they used that
in consideration.
Also FBM sales are not as fast or good as FBA that's a big downsize
I closed my Amazon account last summer. I ordered shipping boxes ($37). They delivered knives and dry cereal. After many phone calls, I just kept the knives (value
Jeff basos Amazon sucks. I had to run. Was selling books and stuff FBA😢! IF YOU LIST A NEW PRODUCT TODAY AMAZON START SELLING IT TOMORROW FOR LESS.
They def do that on some items
Notice ALL selling sites are taking advantage of sellers
They are certainly trying to
Wow. How much is enough? The love of money is the root to all evil.
@@DennisMiles-nu9um when you’re beholden to shareholders who always demand ever increasing gains on their investment…it will never end and it will never be enough. But all they can do to keep those people happy is to confiscate more and more of the profit from 3rd party sellers because there’s nowhere else to take the money from. Amazon is essentially taking your profit and transferring it to shareholders. It ends when 3rd party sellers all leave because it’s not worth it financially to sell on the platform….which is getting closer and closer by the year.
You're actually behind where you started if they lose your items because you also lose your costs to ship and store your items to/at Amazon. FBM ONLY.
@@beckyl6362 indeed. But FBA sells way faster than FBM and the losses are rare. Keep with FBA
@RockstarFlipper I've never done FBA; I've been doing FBM since 1999, and I'll keep with that.
I can believe it they were doing this to me a long time before this was in place. I lost a lot of money on Amazon. I would not be an FPA seller again.
This is the beginning of the end of FBA Sellers.
Nailed it
Wonder how big the portion of the warehouses are for "lost" or "misplaced/delayed" inventory?
Lol MULTIPLE warehouses
Whoopsy. 😂 My exact thoughts. Let's see. Employees striking. Horrible policies. Not a good time to be taking advantage of people.
Sounds like a perfect recipe right?
I’m honestly wondering if Amazon will remain as popular as they are in the long term. They’re chasing away good sellers and incentivizing foreign manufacturers to sell on their platform and provide terrible customer service.
They're super shady with their wording. Also no way in hell I would ever do FBA the way things get lost & damaged there.
The return culture created by Amazon, in part, is out of control. I ship my own product for the few sales we make. Last week, one lady tried 6 different sizes of my product all in one purchase and sent back 5 ripped open and no longer salable on Amazon. Product must be new and sealed. I'm spending time and money to volunteer for some jerk on Amazon. Zero accountability for the buyer. The returns line at Kohls and Whole Foods is out the door, always.
That return policy is common with clothing and shoes. This has been common for a long time, and is the price of doing business online.
Worst thing ever for sellers, but it works for buyers and they know it.
@@lennylink8772 I disagree. It's not the price of doing business. We've been at this for 18 years and its gotten out of hand, so we sell mostly on Poshmark where we don't have that cost. Some returns are okay, but Amazon letting buyers abuse small sellers is not normal.
I have considered restarting my selling account now I'm not so sure
@@calleenreeves9761 don’t let this stop you. It’s just on lost items. Very rare
@RockstarFlipper Thank you for your response. I appreciate all your content, I have learned a lot from you.
@@RockstarFlipperare you an Amazon seller Casey?
I've been thinking about retiring from my job next year and invest that extra time into FBA again. Now,,,,,hmm....maybe I need to re-think that plan. My other sideline platforms are not enough to sustain myself, but AZ sounds like they will just fine me every time I have a chance to make any money. 🤔
This one policy should not stop you.. but def do your research
Amazon has never been your friend and benefactor- it is a business.
For sure
Shady business practice and they should be reported to the Better Business Bureau, by my guess is they have ways to avoid anything coming from that. Unbelievable.
I doubt they care about the BBB.. noone does anymore
BBB won't do anything/Don't think it ever has, other than leave it as a review, basically.
The second option WAS the TikTok affiliate shop. They were head to head, if not slightly more profitable FOR sellers, than Amazon the last two years. Then the gov stepped in and banned the app (TikTok is likely gone).
This isn't me defending tiktok at all. But it IS ironic that the US gov is so concerned about a foreign communist gov's app being used as a Trojan Horse. Yet, the same US gov was not concerned when ALL OUR Social.Security numbers were leaked this past April and were only told this in August. Or the fact that this same administration are on record, not me making this sh-t up, were colluding with foreign governments with bribery. If this weren't true, the outgoing head honcho would not have preemptively, suspiciously, and coincidentally "pardoned" his son when he was NOT even convicted in a court of law.
That said, the CEO of Amazon does have ties to the outgoing administration. So with no more competition and how Amazon is notorious for sh-t in the past, this does not surprise me at all. Beware of doing business with a monopoly company. Now you can understand why the smart ones create and open their own websites to sell.
Yeah they only have 19 days left, and i don't see it getting stopped. IF tiktok gets banned it's gonna be CRAZYYYY
One would think that Amazon is trying their best to weed out all 3rd party sellers for FBA.
You would htink
This is why I never liked the idea of sending my crap in. If everybody did that, how would they be held accountable?
@@justmemother2 everyone does do that….
Whose to say they aren't pretending like they "lost" it just to resell it under Amazon direct instead? Sounds like they are doing some shady business tactics.
Could be
Well hence why i dont do amazon. I had one item in 3 years i lost where i put it... but found it after i reimbursed the buyer. So yeah... nope
People must have been scamming or sending junk as shipments and converting it to money through damages
Def happens
No surprised
Nothing they do surprises me anymore
😡 As if they didn't use 3rd part sellers enough for their market research! I went on vacation with Amazon a couple of years ago and I'm honestly reconsidering ever going back to it.
lol it sucks for sure
this for used or new items Casey?
Both
I stopped selling FBA in 2023. Amazon would make more money on my item than I did and then amazon buyers love to return things on amazon which would cause amazon to return the item to me at my cost. This new thing sounds ridiculous. You can scrounge around and find an amazing source and send in your items and then Amazon can just say they lost it and pay your cost for the item you hunted all day for or drove around doing retail arbitrage. I know people that find a product and drove state to state buying them, I remember a particular monopoly set someone drove around buying over a 100 them from multiple states.
Amazon loses nothing Amazon employees and shipping company employees lose them Amazon loses nothing
They are a company to make money, but yeah sometimes they go overboard
I was Amazon seller for 15 months, thanks no thanks. Their policies are ridiculous, they make third party sellers jump through the hoops.
They do, but it's because of their buyer pool
why would anyone wanna sell on amazon after a video like this one ?
@@JAMES...CARDINAL...131 it’s for. Lost items only. And you can make a lot of money on Amazon
Is that legal??
They are being sued for antitrust over this right now, but im sure nothing will happen
@ I know you are right!!
People still do FBA? That's so 2015. I got into FBA in 2014, got out in 2017, made a ton of profit, Amazon's open ended returns cost me thousands of dollars in lost product and money, and the ignorant know it all sellers that always ran the prices into the ground for the buy box made no sense to me. I used to buy out those idiots and then return the price back to normal.
Yup its still very profitable for some products yes but i would NEVER rely on it.
Haha, we used the software that showed everyone's inventory to do the same thing to dirty sellers.
More reason not to even start selling on amazon
@@JamesWilson-ci8jc not really it’s just on lost items which honestly is rare. At my peak I sold 400,000 on Amazon in one year and they lost like 2/3 items totaling $80
And the reimbursed me for about $40/$50
Hey Rockstarflipper where's my comment????
Here...with all the rest?
Thanks, Rockstar 😊.
Ok time for ME to make a video now because WTF
@@KateyReads exactly!!
Your using their platform, using their advertising, your using their name.
They own it you asked to sell there and now all the complaints, greed is interesting, what you do to make money and then complain because you didn’t understand the rules.
It’s Amazon!!! Don’t sell there if you don’t like it, don’t work hard if you don’t like it.
Before anyone starts with the - so you work for Amazon, I don’t and I don’t do FBA, I researched it as a consideration.
It’s a great vehicle for greed and also for disappointments
Well someone has to pay the 600 million for a wedding...lol..just sayin'....and you still think that it's a good idea to sell on this platform? Serious question, not trying to be a pita....😊 they have been contacting me for years to sell in their Handmade category.
Certain products and categories are wildly profitable