Veeqo is an Amazon owned company that offers a free multichannel ecommerce shipping software to help save you time and money while staying organized with inventory management. As an Amazon seller, you know it can be difficult and complicated to sync inventory across all of the different marketplaces and channels you sell on. If you incorrectly mark your products as out of stock, then you miss out on the opportunity for sales, but if you sell a product that you actually don’t have in stock, then you can risk account health issues on marketplaces and a poor customer experience. Veeqo solves this problem by having a platform that lets you integrate the different channels you sell on while keeping a source of truth for the quantity of inventory you have in stock. So if an order comes through on your own website, then the quantity is reduced for your merchant fulfilled offer on Amazon Seller Central. This post will outline the benefits Veeqo provides to Amazon sellers to help you save money, time, and mitigate risks.
Save Money and Reduce Costs with Veeqo
Veeqo can help Amazon sellers save money. With rising costs and fulfillment fees it is great to find cost savings in your operations. Veeqo saves Amazon sellers money with software fees, rate comparisons, Veeqo credits, and smart routing.
Software Fees - If you are already using a shipping service like ShipStation, Shipping Easy, or Finale Inventory, you would immediately save money from software costs by switching to Veeqo, as Veeqo has no monthly cost and is completely free to use. Depending on your order volume and number of users, this can be upwards of thousands of dollars saved.
Rate Comparison - Using the rate shopping tool, you are able to buy the cheapest available shipping option with Amazon’s pre-negotiated pricing from major carriers like UPS, USPS, Amazon Shipping, FedEx, and DHL. You can compare the rates all on a single platform, where you do not need to compare prices on different sites before purchasing. If you have your own negotiated rates, you can integrate your accounts and keep those rates.
Veeqo Credits - On eligible shipments, sellers are able to earn Veeqo credits, which apply to the next shipping bill. This can be up to 5% of the shipping cost that is automatically saved.
Smart Routing - If you have multiple warehouses, Veeqo uses smart routing to know where to send the inventory from to save on shipping fees. For example, if you have warehouses in both New Jersey and Las Vegas and an order comes in from New York, Veeqo will automatically calculate and have you ship out from your closer New Jersey facility.
Save Time With Veeqo
There are several features Veeqo helps Amazon sellers save time in processing orders and inventory management:
Bulk Shipping - If you are shipping thousands of items per day, any time saving in the process can save time and work hours. The bulk shipping tool lets you select many orders and print shipping labels in bulk. Elizabeth and Ernest, a candle and gift company, was able to scale their operations by increasing the speed at which they were able to process orders. So instead of capping their orders during the busy holiday season, they were able to keep up with fulfilling orders.
Digital Picking Software - Veeqo has a handheld digital software that helps expedite and create a more accurate system to pick, pac,k and ship items. This will reduce steps in having to manually walk to a station to mark as picked from your shelves.
Amazon Multi-Channel Fulfillment - If you are using Fulfillment by Amazon, Veeqo allows you to manage your inventory from your FBA inventory so fulfill orders on any channel. This saves you time from manually entering information into the MCF tool on Seller Central.
Mitigate Risks With Veeqo
One of the most important aspects of selling on Amazon is mitigating marketplace risk and maintaining a high account health rating on Amazon. Veeqo helps sellers meet the expectations set by Amazon for shipping performance.
On-Time Deliver Rate - An important metric to meet for high customer satisfaction and meeting performance with Amazon is On-time delivery rate (OTDR). With Veeqo, merchant fulfilled sellers can see when purchasing shipping labels, which option will meet the OTDR. When your merchant fulfilled offer is assigned to a shipping template with shipping settings automation (SSA) enabled, your account has automated handling time (AHT) and you purchased with an OTDR protected shipping label, you will not be impacted by late delivery.
Valid Tracking Rate - You will never drop below the required 95% valid tracking rate using Veeqo as all labels purchased through Veeqo will automatically push the tracking info to the order ID.
Order Defect Rate and A-to-Z Claims - The Veeqo rate shipping tool clearly identifies labels that protect you from A-to-Z claims, which ensures that customers are satisfied with their order and fewer issues occur that would cause an A-to-Z claim to arise.
Frequently Asked Questions about Veeqo for Amazon Sellers
What is Veeqo?
Veeqo is a free shipping software that helps you manage your inventory when selling across multiple channels, purchasing shipping and accessing vital reporting data for running your business.
Why should Amazon Sellers use Veeqo?
Amazon Sellers should use Veeqo because they can save money, time, and mitigate merchant fulfilled shipping account health issues.
How can Amazon Sellers save money with Veeqo?
Amazon Sellers can save money with Veeqo with software fees, rate comparisons, Veeqo credits, and smart routing.
How can Amazon Sellers save time with Veeqo?
Amazon Sellers can save time using Veeqo with bulk shipping, digital picking software, and smart routing
How can Amazon Sellers mitigate risk with Veeqo?
Amazon Sellers can mitigate risk with Veeqo by purchasing Veeqo labels with protected labels to prevent issues, including On-Time Delivery, Valid Tracking Rate, Order Defect Rate, and A-to-Z claims.
Is Veeqo just for Merchant Fulfilled Amazon Sellers?
No! Veeqo is not just for merchant fulfilled Amazon sellers. If you use fulfillment by Amazon, Veeqo can be used to manage your Multi-Channel Fulfillment operations by routing inventory from your FBA stock to fulfill orders from other channels.
Conclusion
Veeqo is a no-brainer for Amazon sellers. It can help you save money, time, and mitigate risk. All of these help you run a more profitable business, require less work in non-value added activities like order fulfillment, and ensure you have a positive account health rating on Seller Central. Veeqo continues to offer new capabilities and features, including automation, reporting, and profit analysis by channel. If you have any questions about Veeqo, please reach out, as we have contacts at Veeqo who can help walk you through a demo and get you set up.
About the Author - Reed Thompson
This post was written by Reed Thompson, the CEO and co-founder of Goat Consulting. Reed has helped clients successfully onboard with Veeqo to save money, time, and mitigate risk on Amazon. Prior to Goat Consulting, Reed worked at Target managing warehouse operations for 100+ Million Dollar inventory management, so he understands the value in improving accuracy and reducing costs in order fulfillment and warehouse management.