Amazon Announces New Incentive Program for Sellers
Partnership Program Offers 10% Cash Back on First $50,000 in Branded Sales
Eligible Sellers Can Earn Up to $100,000 in Cash Back Over Time
Amazon has announced a new incentive program for sellers on its platform. The program, called the "Partnership Program," offers 10% cash back on the first $50,000 in branded sales, and 5% cash back through the first year until the seller reaches $1,000,000 in sales. The program is designed to help sellers grow their businesses and increase their profitability.
To be eligible for the program, sellers must have a Professional Selling Account and be enrolled in Amazon Brand Registry. They must also sell their own branded products on Amazon.com. The program is open to all sellers, regardless of their size or industry.
Sellers who participate in the program will receive a monthly statement showing their eligible sales and the amount of cash back they have earned. Cash back will be paid out quarterly, and sellers can use it to offset the costs of selling on Amazon, such as fees, advertising, and shipping.
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