(925) 293-3313
As of April 2025, Amazon has introduced several policy updates that sellers should be aware of:
1. Updates to the Business Solutions Agreement (BSA)
Effective April 15, 2025, Amazon has revised its Services Business Solutions Agreement, particularly impacting sellers in Canada. The key changes include:
- Insurance Requirements for Canadian Sellers: Sellers whose elected country is Canada must now comply with updated insurance provisions.
- Modifications to the A-to-z Claims Process: Adjustments have been made to the A-to-z claims process for the Amazon.ca store.
2. Adjustments to FBA Inventory Reimbursement Policy
Initially set to take effect on March 10, 2025, Amazon’s update to its FBA inventory reimbursement policy has been postponed to March 31, 2025. This change involves a shift to cost-based reimbursements, emphasizing the importance for sellers to accurately report their product manufacturing costs.
3. New Tariffs Impacting Import Costs
In early April 2025, the U.S. government announced significant tariff increases on imports from key trading partners, including Canada, Mexico, and China. These changes, effective March 4, 2025, impose additional taxes on a wide range of imported goods, directly affecting Amazon sellers who source products from these countries.
Recommendations for Sellers:
- Review and Update Compliance Practices: Ensure adherence to the revised BSA terms and updated insurance requirements, especially if operating in Canada.
- Accurate Cost Reporting: Maintain precise records of manufacturing costs to align with the new reimbursement policies.
- Assess Supply Chain Strategies: Evaluate the impact of new tariffs on your sourcing and consider diversifying suppliers or adjusting pricing strategies accordingly.
Staying informed about these policy changes is crucial for maintaining compliance and optimizing your operations on Amazon’s platform.
Written By: Neil Maccolai Lacap
Email: [email protected]
Website: http://www.ehpconsultinggroup.com
Number: 925-293-3313
Date Written: April 10, 2025
