Subject: 2011 Payment Terms Revisions
Dear Valued Amazon Vendor,
I want to communicate a change to your payment terms that will start the beginning of next year.
Effective January 1, 2011, Amazon's payment terms for your products will be 2% 15, 45 NET against all new purchase orders.
To serve our customers better we continuously strive to provide them with great pricing, selection and convenience. Your continued support will help us improve our customer experience, allow us to continue to grow our business together and drive increased sales of your products.
Further, we believe that this change is necessary to establish more consistent payment terms for similar Grocery vendors.
If you have any questions on this, please provide us with your feedback by January 21, 2011 by visiting the Amazon.com Vendor Central website at http://vendorcentral.amazon.com. Click on 'Contact Us' at the bottom of the page and choose the issue ‘Account Management' followed by sub-issue ‘terms change/update’ from the dropdown lists.
Finance Director, Consumables