- Written by GETIDA
You are owed Amazon FBA reimbursement whenever Amazon mishandles your inventory, customer orders, and/or returns. Amazon handles billions of worldwide transactions. Mistakes are going to happen. When this happens, Amazon FBA sellers are owed reimbursement for products misplaced, misrecorded, or lost.
You might think Amazon automatically reimburses Amazon FBA sellers whenever this happens. Frequently, it doesn’t. In most cases, it’s up to the Amazon FBA seller to identify errors and file claims for reimbursement. It’s not the simplest process or the easiest to navigate. Many Amazon FBA sellers don’t know how to file for Amazon FBA reimbursement or don’t know that it’s worth their time and energy to track their Amazon FBA reimbursements.
How much are unclaimed Amazon FBA reimbursements costing your company?
According to GETIDA, a company founded by Amazon FBA sellers to identify and recover Amazon FBA reimbursements, anywhere from 1% to 3% of an Amazon FBA seller’s annual revenues go unclaimed.
Say your revenues were $1 million. That means you could be losing out anywhere from $10,000 to as much as $30,000. That’s not an inconsequential amount of money.
To understand what Amazon FBA reimbursement is, why it happens, and how Amazon FBA sellers can get reimbursed, let’s examine:
- The types of Amazon FBA reimbursement
- Where to track different types of Amazon FBA reimbursements
- Ways to recover Amazon FBA reimbursement
- The best Amazon FBA reimbursement solution
Types of Amazon FBA reimbursement
Products registered with FBA are eligible for reimbursement when anything in your inventory is lost, damaged, improperly returned, destroyed or disposed of, or overcharged for Amazon FBA handling fees. That’s a lot to keep track of.
Where to track different types of Amazon FBA reimbursement
Let’s take a look at each type of FBA reimbursement and how you find out about it.