Amazon has been building the most advanced logistics models in the world to serve the sellers on Amazon and customers throughout the globe. In addition to Seller Prime Group Buy orders (FBA), it was too famous in the cross-border sales community, Amazon also implemented many other services to increase the selection in accordance with the business model of each business. . In particular, Seller Fulfilled Prime (SFP) is a fairly effective FBA replacement model. What makes SFP different and whether this model is suitable for your business?
What is SellerPrime?
This is the perfectly combined order processing model between SellerPrime Group Buy (FBA) service and the self-processing of SellerPrime by Merchant (FBM). With the SFP model, you can access Prime members (such as FBA) but still handle orders, packaging, shipping products, and self-service customer care (like FBM). This is a huge advantage from FBA, Prime has more than 50 million members and spends an average of $ 1,100 / year. So this is a very potential customer group that before only the FBA seller can exploit. Currently, you can take this opportunity with SFP without using the FBA.
SFP SellerPrime Group Buy will avoid unexpected transformation costs and reduce fixed costs when they want to increase their business scale. In addition, you can also control more with your warehouse, warehouse, and transport activities. In other words, SFP eliminates the disadvantages of FBA and FBM, taking advantage of these 2 models.
However, because it is too advantageous, SFP is only for some stores that require rigorously requested from Amazon.
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Conditions for Using Seller Prime?
To achieve SFP use conditions, you must comply with many demanding requests from Amazon. You must go through multiple trials to ensure you can please at least 300 orders. In addition, Amazon selection regulations include:
You must achieve and maintain Amazon Premium Shipping
To achieve this feature, you must have the following delivery records:
30 days on-time delivery at 92% for orders are delivered by Premium Shipping method.
Account monitoring orders are valid for at least 94% of orders delivered by Premium Shipping.
Order cancellation ratio is less than 1.5% for orders delivered with Premium Shipping.
Satisfactory on sales performance and order processing for prime members
When registering to use SFP, you must meet the following requirements during the trial period:
Delivery rate on 99% or more.
At least 95% of orders using Buy Shipping Services.
Order cancellation rate of less than 1%.
In addition to the above two terms, you must commit to Amazon about the terms related to refund policy, shipping policy, and preferences for Prime members.
Although participation conditions are complex and difficult, however, SFP is a very deserved orders processing model to take advantage of if you want to develop a business scale. Like FBM, you have to invest in the warehouse and management system to ensure the sales are always effective and gain the right to use the Fulfilled Prime seller.
Maximum support costs.
Store your product in the US or in Vietnam according to your wishes.
Professional processing and packaging according to Amazon regulations, global delivery.
API link directly with Amazon makes it easy to push orders from Amazon.
Handling and completing orders offline and online on-demand, you only need to board the Boxme system for the offline menu.
You can control inventory yourself with Boxme’s support.
Warehouse costs are lower than amazon, do not generate unexpected costs.
You can sell multi-channel sales on Amazon, Shopify, eBay, … with only one store from Box.