By Martin Heubel, Founder and Director of Consulterce, a strategy consultancy for B2C Household & CPG brands.
Here’s how:
Make sure you cancel your trade terms at least 60 days before their automatic renewal date.
Even better: Do. It. Now.
If you don’t, Amazon will simply roll over your existing trade terms into 2024.
Which prevents you from negotiating lower investments.
So how do you terminate trade terms?
Simply request the cancellation of all terms by the end of the current contractual period.
- By raising a case in Vendor Central.
- By sending an email to your Vendor Manager.
And that’s it. Amazon now cannot extend terms into 2024.
Allowing you to negotiate a reduction of your terms in your annual negotiation.
For further insight and support, contact Martin Heubel here
