What is Amazon Renewed?
Amazon Renewed is a program that allows third-party sellers to sell pre-owned, refurbished, and open-box products. All products must be professionally cleaned, inspected, and tested by an Amazon-qualified supplier or specialized third-party refurbisher before being repackaged to look brand new and listed on the marketplace. The products must also be backed by the Amazon Renewed Guarantee so that the buyers are protected in case of the item malfunctioning.
It’s worth noting in this Amazon Renewed guide that you don’t necessarily have to list your used items as Renewed. It’s already allowed to sell used items on amazon as long as they meet the guidelines. The difference is that Amazon Renewed standards are stricter, so the item has to be inspected and certified to work like new. This way, buyers can place more confidence in their purchase.
What Can I Sell on Amazon Renewed?
Due to Amazon’s high standards, some products may not qualify for listing as Renewed. However, you can sell various products, including computers, smartphones, tablets, cameras, gaming equipment, home and kitchen appliances, smartwatches, etc. Of course, these products must come with all components and accessories, just like a brand-new item.
So, how can we start selling with the Amazon Renewed program? Let’s find out!
1) Create an Amazon Seller Account
If you don’t already have an account on seller central, you need to make one. After deciding your selling strategy, go to the Amazon website and create a seller account. You must choose a seller plan (Professional or Individual) and provide some information such as a business email address, a credit card, a government ID, tax information, a phone number, and a bank account. If you manufacture your products and have a brand, you can also consider joining Amazon Brand Registry.
To continue your Amazon journey, you should first learn how to use amazon seller central.
2) Meet the Criteria for Amazon Renewed
You must meet certain criteria to get approved for selling Renewed items. For example, you must supply invoices for at least $50,000 worth of qualifying refurbished purchases in the last 90 days before the application date. During the same period, you must also have an Order Defect Rate (ODR) of 0.8% or less. We’ll talk about the additional requirements in a bit.
3) Apply for Amazon Renewed and Start Selling!
After creating your Amazon seller account and gathering all the requirements, you can submit your application through the program website or by emailing Amazon at [email protected] and providing the necessary documentation. Amazon will let you know if you get approved within 10 business days. After getting approved, you can add your Renewed products to existing listings or make new ones for them.
What Are the Requirements to Join Amazon Renewed?
The next thing we will discuss in this Amazon Renewed guide is the requirements for joining the Renewed program. Sellers must meet the criteria to list their Renewed products on Amazon:
- A seller account with an Order Defect Rate of 0.8% or less in the past 60 days
- Supply invoices for all purchase orders totaling $50,000 (or more for some brands like Apple) from qualifying refurbished purchases within the last 90 days before the application date
- Proof of experience selling refurbished items, including sales volume, type of items sold, etc.
- Inspected, cleaned, and repaired products (if it’s a refurbished item) and tested by a manufacturer or third-party refurbisher
- A minimum of 10 images of a sample unit and its packaging. The images must contain the following:
- The box in which the product will be shipped
- The product’s box (brown/white), which will go inside the shipping box
- The items inside the product box (with packaging)
- Product pictures from top to bottom
- Meet the Amazon Renewed Quality policy
- Additional documentation regarding the product inspection process (for some brands)
What are Amazon Renewed Products?
Most eligible products for the Amazon Renewed program are from the electronics category, but there are also home appliances, tools, and other items, including:
- Air conditioners
- Dehumidifiers
- Embroidery machines
- Graphing and scientific calculators
- Outdoor blowers and vacuums
- Pneumatic tools
- Refrigerators
- Sound and recording equipment
Amazon Renewed Product Categories
If your item can be placed in any of the following categories, you can list it on Amazon Renewed:
Open-box
Products removed from their original packaging but not used by the buyer. This category usually includes unused returns or products that were used as demos in unboxing videos.
Pre-owned
Products that were used and showed signs of usage. It includes returned products that have been lightly used.
Refurbished
Products that were used and returned due to a fault in them. These items must be repaired before being sold.
Pros & Cons of Amazon Renewed Program
Another important aspect that we must discuss in this Amazon Renewed guide is the pros and cons of this program. Weighing the potential benefits and challenges can help you decide whether it’s the right choice for you:
Pros:
- Less competition due to higher standards of entry and being an “exclusive” program
- Allows you to reach a whole different demographic of consumers and convert them into loyal customers
- Your products get backed by Amazon with a 90-day guarantee, which means Amazon will cover return costs for dissatisfied buyers during those 90 days
- Easy order fulfillment with the FBA (Fulfillment by Amazon) program, which allows you to send your products to fulfillment centers and let Amazon employees handle picking, packing, and shipping them
Cons:
- It may not be the right choice for your brand, especially if you sell luxury items
- Renewed products appear in the search results alongside new products, which means you have to ensure that customers can differentiate between the two.
- If the discount on Renewed products is too steep, arbitrage sellers may buy and resell them at a higher price on another marketplace, such as eBay.
What is the Difference Between Used, Refurbished & Pre-Owned Items?
During this Amazon Renewed guide, we came across the words “used”, “refurbished,” and “pre-owned,”; but what do they mean? “Refurbished” usually points to items that were returned, inspected, fixed, and repackaged for sale. These items were returned due to a fault but have since been repaired and repackaged.
Items that are “pre-owned” are second-hand and do not come directly from the manufacturer. However, they might be new and unused, as the buyer might have never opened or used their packaging. Used items, on the other hand, are products that were used by the previous owner, in less-than-optimal condition, and may have damage.
When it comes to deciding between selling on the Renewed program or selling used items as a regular seller, the former is more recommended. This is because Amazon guarantees all Renewed purchases, and it gives you the possibility to win the buy box.
Final Thoughts
In this Amazon Renewed guide, we discussed selling via the Renewed program, which is great for sellers with items that can be sorted as open-box, pre-owned, or refurbished. We know you can sell used items in various conditions as a regular seller, but that doesn’t give you the opportunity to win the buy box. Amazon Renewed products are also backed and guaranteed by Amazon, so customers can be more confident in their purchase decision.
Amazon’s customer reviews play a crucial role in online arbitrage. Positive reviews increase product credibility and attract more potential buyers.
I appreciate the customer service support provided by Amazon FBA. They handle any issues or inquiries from customers, ensuring a positive shopping experience.
Online arbitrage on Amazon allows you to take advantage of product bundling opportunities, creating unique offerings that stand out to customers.
Selling through Amazon’s platform gives retail arbitrage sellers access to a global marketplace, reaching customers from all around the world.
By employing effective keyword optimization strategies, online arbitrage sellers can improve the discoverability of their products and attract more customers.
Your website is a trusted resource in the Amazon reselling community. The regular updates and insights you provide have proven to be highly valuable in staying ahead of the curve and adapting to changes in the marketplace.
There are some great tips here for optimizing your Amazon online arbitrage business.
I appreciate the accessibility and inclusivity features that Amazon Marketplace has implemented for customers with disabilities.
Overall, your website is a must-read for anyone looking to achieve success on Amazon Marketplace. Keep up the great work!
Thank you for your dedication and expertise in the Amazon reselling space. Your website is a valuable resource for anyone looking to start or grow their Amazon reselling business, and I appreciate the impact you have made on the entrepreneurial community.
The Q&A section is incredibly helpful for getting answers to specific questions.