Do you know that becoming an online seller comes with a “lot” of pros and cons that most entrepreneurs realize only after entering the business? For instance, if you sell high quality and widely popular products on Amazon, it will reap massive dividends for you. But if you sell low quality and less popular products on the same marketplace, you might run into a loss. Now the question arises, how can you minimize your returns and subsequently maximize your acceptance? “Well,” one effective method to achieve this goal is to put on sale only highly reliable and durable inventories that have fewer chances to go haywire after customer use. However, even after that, your product return cases are not decreasing, and you are consistently making considerable losses; we suggest investing in the Amazon Reimbursement App now? “But, how will it impact my business and how much it costs?” you might ask. “Well,” we will have a long discussion about that in this blog in the next few minutes and also inform you about the Cost of the Amazon Reimbursement App. So, let’s start the talk now:
Why do Amazon sellers need the Amazon Reimbursement App?
The first and most important benefit of putting your money on this app is that it allows you to see “financial split-ups” with ease. Now you might be thinking, “what does that mean?” right?
So, let us notify you that “Split Payment” or “Split Payment Transaction” is a pretty famous term used in the financial industry, which means the act of dividing a single payment amount into two or more transactions. Ok? Got it?
So, when you determine the Cost of Amazon Reimbursement App and get it from the best software maker out there, you can check the split-ups of charges and costs to perceive the Revenue and Estimated net profit through your sales. With such an application at your disposal, you can view all types of” expenses like Amazon Fees, Promotions, and Cost of Product in one place, making it easy for you to stay on top of the updates. And the list doesn’t end here because the leading Amazon seller’s app also provides you with the split-up for your refunds.
What are the different elements of the Amazon Reimbursement App?
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Cost
In this section of the app, you can see the “amount” spent by you on a given product. That means the entire data on your screen will include Promotions, Taxes, Amazon fees, and most importantly, the Cost of Product for both the items, like one that you have shipped and another that customer has returned. Thus, by looking and analysing these details, you can “easily” determine what is affecting your bottom line and to what extent.
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Charges
This section of the Amazon Reimbursement Application will give you an overview of the amount collected from your buyers for the products you have sold them. And let us tell you that this amount also includes the charges collected from the buyer as the base price of your inventory as “well” as the Taxes levied on it. So, you must expect to see the same type of information for both the shipment and refund of the selected items.
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Est. Net Profit
Last but not least, this part of the Amazon Reimbursement Software will let you know the estimated net profit your business acquired through the corresponding sales. That means you can expect this tool to offer you the approximate profit figures by reducing different costs, like Amazon fees, Promotions, and COP, from the revenue generated by your product. Hence, by looking at all this information on your screen, you can assess your current financial situation and make bolder decisions down the line.
So, now that you have become aware of various components of the Amazon Reimbursement App, it’s time to peep into the Cost of Amazon Reimbursement App. So, let’s peek at:
What is the Cost of Amazon Reimbursement App?
Well, if you invest in:
- Free pack – It will set you back by nothing for 30 days and still allow you to leverage a comprehensive dashboard, initial sync, and the order management limit of up to 6000 each month.
- Silver pack – It will set you back by Rs 1199 per month, and then you can leverage a comprehensive dashboard, initial sync, and the order management limit of up to 6000 each month.
- Gold pack – It will set you back by Rs 1879 per month, and then you can leverage a comprehensive dashboard, initial sync, and the order management limit of up to 12000 each month.
- Platinum pack– It will set you back by Rs 2699 per month, and then you can leverage a comprehensive dashboard, initial sync, and the order management limit of up to 20000 each month.
- Diamond pack – It will set you back by Rs 5699 per month, and then you can leverage a comprehensive dashboard, initial sync, and the order management limit of up to 60000 each month.
Summing it up
Hopefully, you learned a “multitude” of things through this content piece, be it the Cost of Amazon Reimbursement App, their need or their elements. So, if you liked this primer that you just read and want to get a subscription to the “finest” Amazon Seller app, please reach out to the most experienced ecommerce software maker out there.
