Hey Mods and Fellow Sellers,
I have a hypothetical question regarding submitting sourcing costs in order to navigate submitted costs that are being denied because they "fall outside the normal range".
We sell refurbished electronics, which is a wildly volatile commodity in terms of price fluctuation, so the values of these items naturally decrease over time.
It seems that the Sourcing Cost Portal automatically will reject a cost which comes in higher than a certain percentage of what a seller would net after fees if the item is currently being sold for on Amazon.com.
However, due to rapid market fluctuations we sometimes sell things at a loss or at par without a profit just to liquidate it.
Say are fine with accepting what we would net on a Sale on Amazon.com, but the Amazon Estimate is much lower than that. We only have invoices that show a cost that is too high and if that cost is entered it would get quickly rejected.
Are we allowed to enter a cost lower than the invoice amount (but higher than the Amazon Estimate) so that it gets accepted?
For Example:
Item A is Selling for $299.00
Our Cost is $275.00, and we have an invoice for $275.00, but we know that if we enter $275.00, it will automatically get rejected, but the Amazon estimate is $200.00 and that is way too low.
Can we Enter $250.00 as the Sourcing Cost and upload the invoice for $275.00? Will the $250.00 Sourcing Cost Get Approved?