#191 Are You Losing 3% of Your Inventory on Amazon? (Big Amazon Policy Change)
Amazon has drastically reduced the time sellers have to file claims for lost or damaged inventory, shrinking the window from 18 months to as little as 60 days. This means sellers must be more vigilant in auditing their accounts to avoid losing money.
Key Takeaways
- Amazon's new policy shortens claim deadlines from 18 months to as little as 60 days.
- Ignoring reimbursements is like handing free money to Amazon.
- Sellers can recover thousands of dollars by auditing their accounts for lost or damaged inventory.
- GETIDA can help you navigate these changes and file claims on your behalf.
- Proactive auditing is essential for protecting your profit margins on Amazon.
Key Takeaway 1
Amazon's new policy shortens claim deadlines from 18 months to as little as 60 days.
Key Takeaway 2
Ignoring reimbursements is like handing free money to Amazon.
Key Takeaway 3
Sellers can recover thousands of dollars by auditing their accounts for lost or damaged inventory.
Key Takeaway 4
GETIDA can help you navigate these changes and file claims on your behalf.
Key Takeaway 5
Proactive auditing is essential for protecting your profit margins on Amazon.
Are you leaving money on the table with Amazon?
Are you leaving money on the table with Amazon? You might be, and you wouldn't even know it. The world of Amazon FBA is a fast-paced, high-stakes game where every percentage point of profit margin counts. One of the most overlooked areas where sellers lose money is through inventory reimbursements. With Amazon's recent policy changes, the window to claim what you're owed is shrinking, making it more critical than ever to stay on top of your inventory. If you're serious about building a profitable e-commerce business, understanding **Amazon inventory reimbursement** is not just an option, it's a necessity.
In a recent live session, I sat down with Lisa Kinskey from GETIDA to break down the nitty
In a recent live session, I sat down with Lisa Kinskey from GETIDA to break down the nitty-gritty of these new policies and what they mean for you as a seller. We dove deep into the world of FBA reimbursements, a topic that might sound dry but is packed with financial implications for your business. For years, sellers had a generous 18-month window to file claims for inventory that was lost or damaged in Amazon's warehouses. That's all changing. Amazon is rolling out new, much shorter deadlines, some as little as 60 days. This is a massive shift that requires a proactive approach to inventory management and auditing.
So, what exactly is an Amazon inventory reimbursement?
So, what exactly is an Amazon inventory reimbursement? Simply put, it's the money Amazon owes you when they lose or damage your products. It's a simple concept, but the process of identifying discrepancies and filing claims can be complex and time-consuming. Many sellers, especially those new to the platform, are so focused on sales and marketing that they neglect this crucial aspect of their business. But as Lisa pointed out, ignoring reimbursements is like handing free money to Amazon. And with margins getting tighter, who can afford to do that?
One of the most powerful things we discussed was the real-world impact of these reimbursem
One of the most powerful things we discussed was the real-world impact of these reimbursements. Lisa shared a case study of a seller who recovered over $40,000 in what she calls "found money." This isn't a rare occurrence. GETIDA regularly helps sellers of all sizes reclaim thousands, sometimes tens of thousands, of dollars. This is money that can be reinvested into your business for new inventory, marketing campaigns, or product development. It's a direct boost to your bottom line that requires no additional sales.
The key takeaway here is that you need a system.
The key takeaway here is that you need a system. Whether you're a new seller, an intermediate one, or a seasoned veteran, you need a process for regularly auditing your inventory and filing claims. This is where a service like GETIDA becomes invaluable. They have the technology and the expertise to navigate Amazon's complex system and ensure you're getting every dollar you're entitled to. Their performance-based model means they only get paid when you do, making it a no-brainer for any serious Amazon seller.
Episode Summary
Are you leaving money on the table with Amazon? You might be, and you wouldn't even know it. The world of Amazon FBA is a fast-paced, high-stakes game where every percentage point of profit margin counts. One of the most overlooked areas where sellers lose money is through inventory reimbursements. With Amazon's recent policy changes, the window to claim what you're owed is shrinking, making it more critical than ever to stay on top of your inventory. If you're serious about building a profitable e-commerce business, understanding **Amazon inventory reimbursement** is not just an option, it's a necessity.
In a recent live session, I sat down with Lisa Kinskey from GETIDA to break down the nitty-gritty of these new policies and what they mean for you as a seller. We dove deep into the world of FBA reimbursements, a topic that might sound dry but is packed with financial implications for your business. For years, sellers had a generous 18-month window to file claims for inventory that was lost or damaged in Amazon's warehouses. That's all changing. Amazon is rolling out new, much shorter deadlines, some as little as 60 days. This is a massive shift that requires a proactive approach to inventory management and auditing.
So, what exactly is an Amazon inventory reimbursement? Simply put, it's the money Amazon owes you when they lose or damage your products. It's a simple concept, but the process of identifying discrepancies and filing claims can be complex and time-consuming. Many sellers, especially those new to the platform, are so focused on sales and marketing that they neglect this crucial aspect of their business. But as Lisa pointed out, ignoring reimbursements is like handing free money to Amazon. And with margins getting tighter, who can afford to do that?
One of the most powerful things we discussed was the real-world impact of these reimbursements. Lisa shared a case study of a seller who recovered over $40,000 in what she calls "found money." This isn't a rare occurrence. GETIDA regularly helps sellers of all sizes reclaim thousands, sometimes tens of thousands, of dollars. This is money that can be reinvested into your business for new inventory, marketing campaigns, or product development. It's a direct boost to your bottom line that requires no additional sales.
The key takeaway here is that you need a system. Whether you're a new seller, an intermediate one, or a seasoned veteran, you need a process for regularly auditing your inventory and filing claims. This is where a service like GETIDA becomes invaluable. They have the technology and the expertise to navigate Amazon's complex system and ensure you're getting every dollar you're entitled to. Their performance-based model means they only get paid when you do, making it a no-brainer for any serious Amazon seller.
Don't let these policy changes catch you off guard. The time to act is now. Start by taking a closer look at your inventory reports. If you're not sure where to begin, or if you simply don't have the time, I highly recommend reaching out to Lisa and the team at GETIDA. They can help you understand your current situation and put a plan in place to maximize your reimbursements. To learn more about how you can build a successful and profitable e-commerce business, and to get more tips like these, make sure to subscribe to the High Voltage Business Builders Podcast. And if you're ready to take the next step in your entrepreneurial journey, visit Voltage Business Builders to see how we can help you build your own e-commerce empire.
Frequently Asked Questions
What are the major changes to Amazon's inventory reimbursement policy?
Amazon has drastically reduced the time sellers have to file claims for lost or damaged inventory, shrinking the window from 18 months to as little as 60 days. This means sellers must be more vigilant in auditing their accounts to avoid losing money.
Why is it important to audit my Amazon account for discrepancies?
Auditing your account for inventory discrepancies is crucial because it can uncover "found money" in the form of reimbursements. With profit margins on Amazon being so thin, recovering funds for lost or damaged goods can significantly impact your bottom line.
How can a service like GETIDA help me with Amazon reimbursements?
GETIDA specializes in Amazon FBA auditing and reimbursement recovery. Their team of experts can track your inventory, identify discrepancies, and file claims on your behalf, ensuring you get back the money you're owed under Amazon's new, tighter deadlines.
Full Transcript
Margins are razor-thin on Amazon. Reimbursements are one of the easiest places to lose money. In this live session, Neil Twa and Lisa from GETIDA break down what reimbursements are, why they matter, and the major Amazon policy changes every seller needs to know. They cover how lost and damaged inventory impacts your bottom line, why new claim deadlines are shrinking from 18 months down to as little as 60 days, and how sellers can recover thousands in “found money” by auditing their accounts. In This Episode, We Cover: ✅ The new Amazon rules cutting claim timelines from 18 months to 60 days ✅ Why ignoring reimbursements is like handing free money to Amazon ✅ Case studies: sellers recovering $40,000+ in reimbursements 📍 Chapters [00:01:13] What Counts as a Discrepancy on Amazon [00:04:15] New, Intermediate, and Veteran Sellers: Who Should Audit [00:05:43] Amazon’s Shocking New Claim Deadlines [00:08:12] The Financial Stakes: Lost Inventory = Lost Cash [00:09:17] Case Study: $40,000 in “Found Money” [00:10:29] How GETIDA Is Adapting for Sellers [00:11:17] Performance-Based Service and Transparency [00:12:08] How to Connect With Lisa and Claim Your Reimbursement Follow Neil: 🔗 LinkedIn: https://www.linkedin.com/in/neiltwa/ 📸 Instagram: https://www.instagram.com/neiltwa/ 📘 Facebook: https://www.facebook.com/neiltwa/ 🐦 X/Twitter: https://twitter.com/voltagefba 🎵 TikTok: https://www.tiktok.com/@fbabusinessbuilders 🎧 Like This Episode? ✅ Subscribe for weekly conversations with real founders ✅ Share this with a brand owner or marketer in your network ✅ Drop a review to help others discover the show Ready to stop trading time for money and build almost automated income with FBA? Visit https://voltagedm.com to learn how you can buy back you freedom by building your very own ecommerce empire!
Are you leaving money on the table with Amazon? You might be, and you wouldn't even know it. The world of Amazon FBA is a fast-paced, high-stakes game where every percentage point of profit margin counts. One of the most overlooked areas where sellers lose money is through inventory reimbursements. With Amazon's recent policy changes, the window to claim what you're owed is shrinking, making it more critical than ever to stay on top of your inventory. If you're serious about building a profitable e-commerce business, understanding **Amazon inventory reimbursement** is not just an option, it's a necessity. In a recent live session, I sat down with Lisa Kinskey from GETIDA to break down the nitty-gritty of these new policies and what they mean for you as a seller. We dove deep into the world of FBA reimbursements, a topic that might sound dry but is packed with financial implications for your business. For years, sellers had a generous 18-month window to file claims for inventory that was lost or damaged in Amazon's warehouses. That's all changing. Amazon is rolling out new, much shorter deadlines, some as little as 60 days. This is a massive shift that requires a proactive approach to inventory management and auditing. So, what exactly is an Amazon inventory reimbursement? Simply put, it's the money Amazon owes you when they lose or damage your products. It's a simple concept, but the process of identifying discrepancies and filing claims can be complex and time-consuming. Many sellers, especially those new to the platform, are so focused on sales and marketing that they neglect this crucial aspect of their business. But as Lisa pointed out, ignoring reimbursements is like handing free money to Amazon. And with margins getting tighter, who can afford to do that? One of the most powerful things we discussed was the real-world impact of these reimbursements. Lisa shared a case study of a seller who recovered over $40,000 in what she calls "found money." This isn't a rare occurrence. GETIDA regularly helps sellers of all sizes reclaim thousands, sometimes tens of thousands, of dollars. This is money that can be reinvested into your business for new inventory, marketing campaigns, or product development. It's a direct boost to your bottom line that requires no additional sales. The key takeaway here is that you need a system. Whether you're a new seller, an intermediate one, or a seasoned veteran, you need a process for regularly auditing your inventory and filing claims. This is where a service like GETIDA becomes invaluable. They have the technology and the expertise to navigate Amazon's complex system and ensure you're getting every dollar you're entitled to. Their performance-based model means they only get paid when you do, making it a no-brainer for any serious Amazon seller. Don't let these policy changes catch you off guard. The time to act is now. Start by taking a closer look at your inventory reports. If you're not sure where to begin, or if you simply don't have the time, I highly recommend reaching out to Lisa and the team at GETIDA. They can help you understand your current situation and put a plan in place to maximize your reimbursements. To learn more about how you can build a successful and profitable e-commerce business, and to get more tips like these, make sure to subscribe to the High Voltage Business Builders Podcast. And if you're ready to take the next step in your entrepreneurial journey, visit Voltage Business Builders to see how we can help you build your own e-commerce empire.