If you have excess inventory in Amazon’s warehouse, we’ve got a treat for you!
Using Amazon’s Outlet deals you are able to turn your excess inventory in the FBA warehouses into an awesome sales opportunity. The special deals are Amazon-featured, limited-time, promotional offers displayed on the Amazon Outlet page.
To access the program, head to the “Manage Excess Inventory” page. From there Amazon will tell you which of your products are eligible for an outlet deal under the item’s current price showing either Outlet deal eligible (submit by creating an Outlet deal) or Outlet store eligible (submit by creating a sale).
To be eligible for an Outlet deal, a product must:
Be currently available for sale and in Amazon fulfillment centers.
Have a sales history and at least a three and a half star product rating on Amazon.
Be in new condition.
Comply with Amazon’s customer product reviews policies and price policies.
Not be enrolled in Subscribe and Save.
You cannot have had an outlet deal in the last 90 days.
Outlet deals are currently free for products that are eligible and selected!
Our team recommends checking your “Manage Excess Inventory” page as soon as possible to take advantage of these outlet opportunities.
Amazon is wrapping up the summer with a BANG by offering Prime Exclusive Discounts!
Prime Exclusive Discount is a price discount exclusively available to Prime shoppers. Products that are running a Prime Exclusive Discount will display strikethrough pricing and a savings message for Prime members in search results and on the product detail page.
How do you set up a Prime Exclusive Discount?
Head to the Advertising tab in Seller Central, select Prime Exclusive Discounts
From there, download the Discount Upload template spreadsheet and fill in your product and pricing information
Click Create Discount on Prime Exclusive Discounts page, enter the name of discounts, date, and upload the filled out Discount Upload spreadsheet
How do your products become eligible for Prime Exclusive Discounts?
The product must be Prime eligible.
The product must be in new condition.
The product must have either no review rating or more than a three-star review rating.
To qualify for a Prime Day discount, the discount must be between 20% and 80% off the non-member, non-promotional price (the Your Price column on the Manage Your Inventory page).
If a SKU has an active Sale Price scheduled at the same time, the Prime Exclusive Discounted price must be at least 5% lower than the Sale Price.
The Prime Exclusive Discount must beat the lowest price for the ASIN in the past 30 days (this includes all deals, promotions, and sale prices across all merchants).
The product cannot be a restricted product or offensive, embarrassing or inappropriate.
The product must be in compliance with Amazon’s customer product reviews policies.
The product must be compliant with all pricing policies.
Before we wrap up we want to let you in on some BIG news!
Jeff will be having Helim10 on our Playbook for Amazon Podcast! To celebrate, Helium10 is offering special discounts to TurnKey subscribers.