Show notes
What if you were missing out on hundreds, if not thousands, of dollars in reimbursements from Amazon? Join us as we reveal the game-changing strategies for reclaiming lost and damaged inventory funds from Amazon's FBA warehouses, just in time for the crucial update on October 23rd. We highlight the indispensable Helium 10 Refund Genie tool, providing you with a step-by-step guide and real-life success stories from sellers who have maximized their refunds without any commission fees. Uncover the secrets to boosting your profitability by making the most of Helium 10's full suite of features. We'll walk you through how to handle active and suspended product listings, ensuring accurate and timely reimbursements for damaged items. Learn practical tips and tricks, including a thorough explanation of size tier optimization. By tweaking your product packaging and leveraging Helium 10 Alerts, you'll discover how to reduce shipping costs and significantly increase your bottom line. Imagine saving $10 per unit with just a 0.2-inch reduction in packaging size. We provide compelling examples, such as a floor lamp that moved from an extra-large to a large bulky tier, saving $2 per unit. Through personal anecdotes and expert insights, we demonstrate how monitoring dimension changes and enabling alerts can lead to substantial financial recoveries. Don't miss this opportunity to reclaim your funds and optimize your Amazon business for greater profitability. In episode 601 of the Serious Sellers Podcast, Bradley talks about: 00:00 - Maximizing Amazon FBA Reimbursements With Refund Genie 01:31 - Amazon Lost and Damaged Claims Guide 04:35 - Amazon Seller Refund Process 10:29 - Getting Refunds Using Helium 10 Refund Genie 10:48 - Amazon Refund Process and Strategies 19:54 - Maximizing Amazon FBA Reimbursements and Savings 22:41 - Helium10 Alerts for Size Tier Optimization 25:02 - Optimizing Packaging for Amazon Profits 29:26 - Identifying Dimension Changes for Amazon Reimbursement 31:18 - Amazon FBA Reimbursement for Dimensional Changes ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript Bradley Sutton: Today we're doing a live workshop on how to get money back from Amazon and on this live broadcast there are four people on the call who are going to be able to get back over $30,000 live on the show back from Amazon. How cool is that? Pretty cool, I think. Important message guys. On October 23rd, Amazon is changing the window for which you can look back and claim that they owe you reimbursements for lost and damaged products at FBA warehouses. It used to be 18 months, but now it's going down to only two months. So, if you have never used the reimbursement service or Refund Genie, now is the time. Last week I ran Refund Genie on two different accounts and got a total of over five thousand dollars back for those sellers. And don't forget, unlike a lot of services out there, Helium 10 doesn't take any commission on what we get back. If we say you're owed ten thousand dollars and you get back ten thousand dollars from Amazon, you keep ten thousand dollars with no commission to Helium 10 at all. Refund Genie is now available to anybody who has a Helium 10 Platinum annual plan or higher. So to get an estimate about on how much money you could get back, go to h10.me/refundgenie. If you've never used a Helium 10 coupon, use the code SSP10 to save money if you need to upgrade to a Platinum annual plan. Bradley Sutton: Hello everybody, and welcome to another episode of the Serious Sellers Podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show that's completely BS-free, unscripted and unrehearsed organic conversation about serious strategies for serious sellers of any level in the e-commerce world, and today is our monthly live training that we do, along with an ask me anything, where we go over a certain aspect that can help you on Amazon, and then we take all your questions live, and we've got a great session for you today. Let's go ahead and hop into it. Let me just kind of like level set here what the situation is, so, for a lot of you, you might have seen the message already that you know, on October 23rd, Amazon is changing the look back period of when you can claim lost and damaged, so what that means is Amazon sometimes loses products at their warehouses of yours, they sometimes damage it, and they're supposed to, you know, refund your money when that happens, and you know, a lot of times they do. So what the problem is, though is sometimes, for whatever reason, they don't always refund the money like they're supposed to, and so when that happens, it's okay. It's not Amazon necessarily going and stealing all of your money. They allow you to like file claims if you are missing the money, all right, and then you know once, once they do their investigation sometimes it's instant then they will say, all right, yeah, we will give you the money back, and then they refund you like within days. Bradley Sutton: Now, if you have never used a service before, you know whether it's Helium 10, whether it's an outside service, if you have never used a service, uh that audits, or you don't audit your account completely to like look at all the uh, uh disbursement reports and the reimbursement reports and what Amazon has uh returned to you, what Amazon has lost. If you've never done that, you could be owed thousands of dollars, like, in my experience, half of your half of 1% of like what your gross revenue is. You could get back. All right so to 1%. I've seen some accounts get 1%. So let's say you've sold in the last 18 months a hundred thousand dollars worth of inventory. Basically that means that you might be owed a thousand dollars, potentially, all right. Or I should say 500 to a thousand dollars. If it's a million, you know you could be owed up to $5,000 if you've never audited. That's how much. And a lot of services out there, uh, which are great, the issue is that they'll take um, a percentage. They'll file all the claims for you and then take a percentage, like 25%, of whatever they find they keep. Bradley Sutton: Now the way I'm about to show you guys is a 100% free, as in whatever we find that Amazon owes you you keep. I wish I could take a commission on that. I'd be a rich man if I could just take 1% of what we find for you, because we've found millions and millions of dollars that Amazon owes you. So I'm going to show you guys how to look at the report. First of all, all right again, if those of you with a Diamond annual plan or Platinum annual plan, you've got full access to it. If not, well, just you know, stay watching this, because you'll need to know it. You need to like at least get the account. Those of you have done a lot of money and then you're going to need to know how to do this later on in the future. I saw a couple of you are newer sellers. You're probably not owed that much by Amazon. But guess what? Hopefully, you get to the point where you are owed money, not because you want Amazon to be taking the money that's owed to you, but because you're doing so much revenue that inevitably things are going to get lost things might get damaged and Amazon might owe you a lot of money. So this is important, no matter what stage of the journey you are on. All right, so now hop into your Amazon account and then some of you might have a banner at the top. Does anybody have a banner on the top that says, hey, you might be owed this amount of money? I don't have it on my screen because I already kind of like started this process already, but that banner would show up at the very top, all right. Bradley Sutton: So I am in one of the UK accounts that I have access to, and so, whether you have or not the banner again, this is if you're Platinum annual or Diamond annual, if not, just watch, all right, there's nothing for you to do. If you're not this, you're not gonna be able to do anything, but just watch, all right. So this is important. I'll give you, like, a coupon code. You can get it again, I'm not trying to sell you some service where we're going to take a percentage. We take zero percent. We actually have a service for those of you who are like $50 million sellers and you don't have the time to go one by one and do what I'm about to show you guys how to do. No problem, you can go sign up for that service and we'll take like 25% of it and we do all the work for you. That's h10.me/mrs. But that's not what I'm trying to talk about here. I'm just talking about how you can do it for free, all right. And then I'm going to give you three other ways that I have also gotten thousands of dollars back from Amazon. Okay. So let's go ahead and go for those of you who have the banner, click the banner. For those of you who don't have that banner, I want you to click on the tools and then go to Refund Genie. Neal says he's got a message here on his computer. It says last chance to claim 1600 bucks. All right, Neal, you are, you are set to go. So if you have a Platinum manual, Neal, you're going to be able to get $1,600 today in the next 30 minutes, potentially. All right. So Neal's got his Helium 10 account covered, almost right there. He's got anybody else have a message like that at the top of their screen. I'm just curious what message you guys are showing. Bradley Sutton: All right, now I'm going to go ahead and go into this Creative LG account. Okay, I'm going to hit details. You want to go to the ones that have stars and, as you can see, this account is selling in a lot of platforms. Selling in Germany, UK, Spain, France, Italy. Some of you might only be selling in one platform, doesn't matter, the process is completely the same. Now, as you can see, for a lot of these I have already requested reimbursement. You can see I hit processed. So I'm just going to go to the UK one. Let me see if I have any open. I hope I can find one that I have open. Yes, perfect, all right. So, as you can see, I've got a whole bunch of what's called uh, FN SKUs. All right, where Helium 10 found, where Amazon owes me money, all right. So if you're auditing, if, let's say, you don't have Helium 10 and the how, how can you get this? Well, you would download your transaction reports and the ledger report and then you're going to look back at any event that happened where you've got damaged or lost inventory, okay. And then now you're going to go back into your reimbursement report and you've got to cross check if Amazon already reimbursed you for that exact FN skew that went missing. And that's what Helium 10 is doing. Helium 10 has automated that process and that's why we are giving this report here in Refund Genie. All right, so you know there's nothing for you to do other than copy and paste. All right, so did anybody find an ASIN that has it? Bradley Sutton: Inbae says I see the screen lost items, but can't see damage items. Well, for you, if you don't have damage, that means Amazon hasn't damaged. That means Amazon has already refunded you for everything that they've damaged and, for whatever reason, Amazon is pretty good at reimbursing sellers with what's been damaged, but there's a lot more money that is owed to you from what's lost. All right, so don't worry if you have nothing damaged. All right, wow, oh, my goodness. Brad Dassow says he's got 24 guys. We might have a winner here today. Brad Dassow, I am going to help my namesake out there gvet $24,000. Live on the air. All right, Brad, you with me. Brad, what, what? What level of Helium 10 plan do you have? Do you have a Platinum manual or Diamond A plan? If so, you are going to get $24,000 potentially today. That are going to get $24,000 potentially today. That's crazy. I love it. I love it. We're making big dents, in a good way, to your bank account today guys. Maria, wait, look at Maria's here. Maria is owed $18,000. Wow, all right, Maria. What plan do you have, Maria? Guys, two people that are live on this call are going to learn how to get almost $40,000 back from Amazon 100% for free, and I don't get a commission on any of this. Gursharn says he's owed $7,600. Wow, you guys should be happy. You tuned in live today. Excellent, excellent. Joe says he already got 20,000 back per year. Great job, Helium 10. All right, Brad is Platinum Annual. You are good to go. Maria is Platinum Annual? Perfect, all right, now we're going to do this all together, all right. Bradley Sutton: So what I want Brad, Maria, anybody else who's doing this, and go and open in Seller Central. All right, go to your Seller Central account of whichever one that is, your owe the money in Helium 10. And then I want you guys to hit help and then get help and resources. Okay, Marie and Brad are ready on Platinum Annual. You guys are good to go. Look at that. They don't even have to pay any extra money and they're going to get all this money back. I love it. All right, Maria and Brad, I'm doing this with you. Oh, my goodness, Inbae Park. Inbae Park beat everybody. Inbae Park is owed $60,000. Guys, we're getting $100,000 live on this podcast today. Inbae, do you have a Platinum annual plan or above? Inbae, you're ready, all right. So, Inbae, Brad, Maria, get it ready. Lori says it, says they found it. Yeah, sometimes Amazon will say some of the ones they found, but for me, on my US accounts, 95% of what Helium 10 found, they returned to me. Yeah, and then contact the associate. Lori says it shows. Contact the associate, I'll show you what to do for that. All right, I'll show you what to do. Okay, Tony, you're good to go to. Tony, set this up. We Joe's on Diamond Set this up. All right, we're going crazy here, guys, we're getting a hundred thousand dollars live, all right. Bradley Sutton: So now, as you can see, I'm just going to do a couple of the small ones. Uh, by the way, if you are owed for one ASIN, any big amount, guys, I almost guarantee Amazon is going to require you to open a case, but they solve it within like 48 hours. Some of these little ones I'm going to get like it looks like 10 euros here, seven euros here. They're going to refund my money immediately. You're going to say hey, yep, we agree with you, you're good to go. But other ones, especially the bigger ones, or if some of my items like this, like this account. This account is a beauty account, and so there's a lot of products that are no longer on Amazon for whatever reason, like it got suspended in this account. If you have a product that is not currently live on Amazon, Amazon will deny your money. So that's what I said today, guys. Today we're not just talking about how to use Helium 10 Refund Genie. This is general information. Even if you're not a Helium 10 member, it's important. So just keep in mind. Usually, if you had a product that was suspended or is not active on Amazon, a lot of times they are going to use that as an excuse to not give you your money back. So if there's any way for you to get your product back on Amazon, do that first before making a claim on that product. I hope that makes sense, all right. Bradley Sutton: So, Brad, Inbae, Maria, the ones that I want you guys t…
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