How to Become an Amazon Seller

Although opening an Amazon account may seem easy, there are few important decisions you must make. These decisions can have a direct impact on your bottom line so it is crucial to make the right ones.

Let’s take a look at what it takes to become an Amazon seller, and the decisions you will need to make.

A Guide To Amazon Seller Accounts

First, create an account. There are two options available to you right away.

Either create an individual seller’s account or a professional seller’s account.

Account for individual seller

You can create it for free, but you will need to pay a $0.99 commission for each unit you sell. These fees are in addition to the variable closing fees and referral fees that Amazon charges for every sale. This plan is basic and you won’t have access to many important features such as:

• Inventory reports
• Amazon restricted categories
• Amazon advertising
• Promotions
• You can create listings in bulk
• Edit existing pages and create new product pages
• Shipping rates flexible

You will lose out on certain features, as you may have noticed. It is completely free, which is the main selling point for an individual. If you move a lot of units, however, the $0.99 commission can quickly add to your costs. You also have to be able to sell low-priced products.

Account for professional sellers

The recurring monthly fee for a professional account is $39.99. The $0.99 commission will not be charged to your professional account. You will still need to pay variable closing fees and referral fees for each sale.

Simple math will show you that if your products sell more than 40 in a given month, a professional account is cheaper than an individual account. Access to Amazon advertising solutions and inventory reports are also available. To be eligible for the Amazon Buy Box, you will need to have a professional account.

Switching between accounts is possible at any time. This is why most sellers begin with an individual account. This is a great way to get started and test the waters and determine if your product or business plan is viable. After-sales start to pick up, you can move to a professional account. Remember that the professional account subscription fee of $39.99 is non-refundable.

How Do I Create An Account?

It is easy to register yourself as a seller. Keep the following information and documents in mind before you start:

• Amazon will not reveal your identity. When they purchase your product, customers will only see your business name.
• Issued by the government, ID
• Contact information: Make sure to have an email ID and a phone number handy. This will serve as the point of contact between Amazon and customers. During registration, Amazon will verify your contact information.
• An address to ship from’: This is the address where your products are being shipped.
• Information about Bank Accounts: Amazon Revenue will be credited to this bank account.
• Tax identity information: You can use your Social Security Number or your company’s Federal Tax ID number to identify yourself as a taxpayer in the United States. Amazon will verify your tax information. Remember that you are still responsible for paying taxes.

Do You Have All The Information?

Go to Sell.Amazon.com to create an account. Scroll down to Selling Plans. To proceed, make sure to click on the Sign Up for Individual option

This will take you to Amazon Seller Central. Sign in if you already have an Amazon Seller Central account. If not, you will need an account. After you log in to your account, you’ll be taken to the registration page.

Upgrade to a professional account

At any time, you can upgrade your seller account to a professional.

1. Log in to sellercentral.amazon.com,
2. Click Settings,
3. Click on Account Info and then choose Your Services,
4. Click on Manage. You will see an Upgrade option. You can choose to upgrade your seller account to the professional plan.

Follow the same steps if you wish to return to an individual seller account. You will see a Downgrade option in this instance instead of Upgrade.

Place Your Product On Sale

You can list the product from an Amazon listing if the product is already available. Click on the Sell to Amazon button below the Buy Box. Enter the following information.

• SKU: You have the option to enter a code, or leave it blank. Amazon will generate an SKU automatically for you if you do not enter a code.
• Price: This is the selling price.
• Quantity: You can change the quantity depending on how many units you are selling. One is the default quantity.
• Condition: The majority of products come in two versions: New or Used.
• Fulfillment method: Choose your preferred fulfillment method. FBM (fulfillment through merchant) and SFP (Seller Fulfilled Prime) are two options. You can also let Amazon fulfill your orders through AmazonFBA (fulfillment from Amazon).

These steps will help you create a new listing.

• Register to Seller Central
• Navigate to the main menu, and hover over Inventory. Click on Add a product.
• Select, I want to add a product that is not available on Amazon.
• Choose the product category and the sub-category.
• Please fill out the product information. The information required depends on the category.
• Include the product title, description, and key product features. Images are also included. Backend search terms can be added.

This detailed video will provide a step-by-step guide.

Now you are ready to sell on Amazon. You can’t just put any product up for sale. This won’t guarantee you profits. Amazon is a highly competitive marketplace. You need data-driven insights to crack the code, outpace your competitors and win. SellerApp is the perfect solution. Find out how data analytics can optimize your Amazon business to maximize profits. Contact SellerApp’s experts at support@sellerapp.com today!