Tips, news, and other fun stuff inside the April newsletter from InventoryLab! [InventoryLab Newsletter] Read time: 4 minutes Business is blooming! Hey IL Fam! How can you tell spring flowers are friendly? Because they always have new buds. ð Time to spring into action with this edition of the IL newsletter! In todayâs email: - ð§ Brain Break - Take a quiz and win some swag - ð New at IL - Estimated fees calculator, SmartRepricer, unifed labels - oh my! - ð¯ Affiliate Program - Share IL, earn cash - ð° Amazon News - Changes to Inventory Placement services - ðï¸ Coming Soon - Earn your PhD in IL! - ðPro Tip - Inventory Placement Fees Q&A - ð Customer Coaching - Meet Andrea! - ð¡ Seller Spotlight - Learn how Charlene makes 7 figures in 25 hours a week - ð¥ï¸ Blog - IL for Prep Centers Whatâs your springtime personality?  Give yourself a brain break with [THIS QUIZ](. Then, hit the reply button and let us know your results for a chance to win some IL swag! Estimated Placement Fees ICYMI we recently launched the [Estimated Placement Fees Calculator]( This new tool will allow you to preview the fees for FBA Inbound placement services while listing your items in a batch! All youâll need to access this tool is the [ScoutX extension]( and a Chrome browser. After adding an item to an FBA batch, youâll see the calculator button and Estimated Placement Fees near the Review Batch button: You can easily adjust the Inbound Setting being used for estimation by clicking the calculator button. Final fees will be based on your Inbound Settings within Seller Central. To learn more about this feature, check out the article [HERE](. SmartRepricer InventoryLab now integrates with [SmartRepricer](  With syncing speeds of 3X faster than Amazonâs default repricer, this new tool can help streamline the job of repricing your items. Plus - InventoryLab customers get 25% off any SmartRepricer subscription, using the code: SPWELCOME. Learn more and start your free 14-day trial [HERE](. You can also sign up for the next live [SmartRepricer Customer Coaching]( class! Unified 2D Barcode and Box Labels Streamline your 2D box content process even further with [Unified 2D and Box labels](.  With this option turned On in your settings, 2D labels and Box labels will be combined so you can just print one label! View the full help article for this new feature [HERE](. Friends donât let friends struggle with their ecommerce software! With our affiliate program, you can share everything you love about IL, and make some extra cash. How it works: ð° For every active user each month (up to 6 months), you'll receive a $5 monthly commission. The longer your referrals stay engaged, the more you earn â it's a win-win! ð Referral 8 users in a month and maintain that level, and you could qualify for a $9/month recurring commission per customer! Ready to boost your income and become a valued member of our affiliate community? Click below to sign up, learn more, and review FAQs! [Become an IL Affiliate!]( Inventory Placement Service Fees There have been some recent changes to Amazonâs [2024 FBA inbound placement service fee](. According to Amazon, these fees aim to improve product delivery efficiency and reduce costs. When creating a shipping plan, sellers can now choose from different inventory inbound placement options within their Seller Central Account: - Minimal shipment splits: Send your inventory to the minimal number of inbound locations, generally to a single location, and Amazon will spread inventory across their network on your behalf, for a fee. The fee may vary by inbound location. - Partial or Amazon-optimized shipment splits: Send your inventory to multiple inbound locations yourself for a reduced or no fee. The reduced fees will depend on the number of shipments and inbound locations that you send your inventory to. Availability of these options depends on factors such as product type, quantities, existing inventory, and customer demand. Unfortunately, Amazon doesn't give InventoryLab a breakdown of extra placement fees via their API. To help with this, we've launched the [Estimated Placement Fees Calculator]( allowing you to see the estimated fees as you list! InventoryLab University Introducing InventoryLab University! ILU will offer a comprehensive platform to enhance your understanding and utilization of our application. Our courses are designed to help you maximize the benefits of your subscription by harnessing the full potential of our tools! What you can expect: - Courses on Listing, Inventory, Settings, Sourcing, Accounting, Reports and more! - Practical and easy to follow modules - Tips and Strategies to make your workflow as efficient as possible - Learn what you want, when you want: follow our course outline from start to finish, or pick and choose what you want to learn next Inventory Placement Fee FAQâs âI know other softwares out there (ie: 2D Workflow) are finding workarounds for split shipments. Why not IL? The shipment split workaround that other softwares are allowing is not compliant with Amazon's terms of service. When your shipment splits, Amazon requires all shipments to be created. Allowing proposed shipments in a plan to expire goes against Amazon's policy, which can result in your account to be negatively impacted. For this reason, IL will not enforce this workaround to protect your account standing and our relationship with Amazon. Users of these other 3rd party apps can expect to receive emails from Amazon regarding this breach of policy, stating âAny shipment that you ignore, delete, or abandon will generate abandoned shipment defects, which are subject to inbound defect fees.â Once this fee hits, sellers may also receive an inbound performance defect which can limit the ability to send in FBA shipments. ðµâð« â Can I change my Inventory Placement selection in InventoryLab? You can only select/change the Inventory Placement option within your Seller Central account. â How is the FBA inbound placement service fee calculated? This fee is based on product size tier, shipping weight, and inbound locations, as well as the tier for the number of locations or number of shipments in your shipping plan. â Where can I see these fees in InventoryLab? According to Amazon, these fees will not be assessed until 45 days after the shipment is received.  They will then be sent to IL via your Settlement Report and reflected on your Profit & Loss Report. [Customer Coaching] Meet Your Customer Coaches! Customer Coaching is the best way to learn the ins and outs of using IL for your biz! Our team of expert coaches currently leads [5 different courses]( all to help you get the most out of your account. Meet Andrea! Sheâs been with IL for 4 years and brings a wealth of knowledge to her classes. Here are some fun facts about her! - Andrea spends her spare time organizing in her community and has been a featured speaker at events like the Annual Womenâs Convention sponsored by the Womenâs March. - She owns a kayak and enjoys weekends camping in Wisconsinâs northwoods. - Andrea loves learning new languages and traveling the world. She can speak Japanese: ãç§ã¯æ¥æ¬èªã話ãã¾ãã7å¹´éåå¼·ãã¾ãã!ã - She enjoys hosting trivia games once a week at her local pub! Join Andrea and the rest of the coaching team for a FREE class to level up your InventoryLab experience! Just click the link below to sign up. [Sign Up for Customer Coaching]( 7 Figures a Year, 25-Hour Work Week: Charleneâs FBA Success Story [A photo of a woman]( Meet Charlene!  An early Amazon third-party seller, she found herself overwhelmed by the demands of managing her growing inventory until she discovered InventoryLab.  Click [HERE]( to read more about her ecommerce journey, get valuable insights into her success, and learn how IL transformed her online selling experience. [On the Blog] Do you use or own a prep center? If so, dive into our recent blog post with tips for prep centers to use IL to streamlining the listing process! Just click the link below to read more: [A Quick Guide for Prep Centers Using InventoryLab]( Thatâs all for today! Thanks for reading, and being part of the IL huddle. Donât forget to reply to this email with your [quiz results]( for the chance to win some swag! Happy Spring! -Your IL Team [Facebook icon]( [Instagram icon]( [Twitter icon]( [Email icon](mailto:admin@inventorylab.com) [YouTube icon]( © 2024 · InventoryLab Inc. · 9218 Metcalf Ave #102 · Overland Park, Kansas 66212 · USA
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