Amazon’s Latest Update and CoronaVirus

Amazon has announced today that:

We are seeing increased online shopping, and as a result some products such as household staples and medical supplies are out of stock. With this in mind, we are temporarily prioritizing household staples, medical supplies, and other high-demand products coming into our fulfillment centers so that we can more quickly receive, restock, and deliver these products to customers.

If you’re not selling any of these items, it means that you won’t be able to create new shipments until at least April 5, 2020.

Amazon FBA is temporarily prioritizing products coming into their fulfillment centers

If you’re running low on inventory numbers in Amazon’s FBA and you’re not in any of these categories, then you can take advantage of the seller fulfilled program. If the only fulfillment solution you’re using is FBA, it might be worth considering a third party logistics provider in your major Amazon markets.

Corona Related Price Gouging

Amazon has started taking swift action against sellers that have been price gouging on face masks and hand sanitizers. Amazon sellers like this got wide publicity and can potentially face legal action.

This is one of the announcements that Amazon has made:

As you know, we are experiencing a global health crisis arising from the COVID-19 coronavirus. With increasing customer demand for critical safety products, we have seen examples of egregious pricing in our stores in violation of the Amazon Marketplace Fair Pricing Policy. Price gouging is a clear violation of our policies, unethical, and in some cases, illegal.

To ensure that sellers and customers have a safe and trustworthy Amazon experience, we are monitoring the prices of items, including shipping costs, and comparing them with other prices available to our customers. If we see pricing practices that violate our policies, Amazon may remove the offer, suspend the ship option, or in serious or repeated cases deactivate seller accounts. We encourage you to audit your prices to avoid this problem and any possible disruption to your business.

Some questions to consider:

I hope you stay healthy and safe during this period. And ideally stay home.

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