The e-commerce behemoth Amazon gives entrepreneurs and companies a sizable platform to reach clients around the world. The first step to accessing this enormous marketplace is to sign up as a seller on Amazon, which may be a lucrative business venture. The procedure to become an Amazon seller has changed in 2023, and this blog will walk you through the initial phases.
Step 1: Determine Your Business Model
Before you dive into the registration process, you need to decide what type of Amazon seller you want to be. Amazon offers two main options:
Individual Seller: If you plan to sell fewer than 40 items per month, this option is suitable for you. Individual sellers pay a per-item fee but no monthly subscription fee.
Professional Seller: If you anticipate selling more than 40 items per month, this is the better choice. Professional sellers pay a monthly subscription fee but enjoy benefits like bulk listing tools and access to Amazon’s advertising platform.
Step 2: Prepare Your Business Information
To register as an Amazon seller, you’ll need to provide some essential information about your business:
Business Name and Address: Ensure you have a registered business name and physical address. If you’re a sole proprietor, you can use your legal name.
Contact Information: Amazon will need a valid email address and phone number to contact you.
Bank Account: You’ll need a bank account to receive payments for your sales.
Tax Information: Be prepared to provide your Tax ID, EIN, or SSN for tax reporting purposes.
Step 3: Register as an Amazon Seller
It’s time to set up your Amazon seller account right now:
Visit Amazon Seller Central: To register, go to the Amazon Seller Central website (sellercentral.amazon.com) and select “Register now.”
Determine Your Market: Decide the market(s) you want to sell on. Select the Amazon marketplace that best fits your target market from those available for different nations.
If you don’t already have an Amazon account, you’ll need to establish one. Otherwise, sign in. If so, log in with your current credentials.
Step 4: Complete Your Seller Profile
Once you’re in Seller Central, you’ll need to fill out your seller profile. This includes:
Business Information: Enter your business name, address, and contact details.
Bank Account Information: Add your bank account details for payments.
Tax Information: Provide your tax information.
Verify Your Phone Number: Amazon may send a verification code to your phone.
Step 5: Choose Your Selling Plan and Set Up Payment
Select Your Selling Plan: Choose between Individual and Professional selling plans. Professional sellers will need to pay the monthly subscription fee.
Set Up Payment Method: Add your credit card information for verification purposes.
Step 6: List Your Products
You can start listing your products now that your account has been created. The bulk listing tools for Professional sellers on Amazon can be used or you can do it manually.
Step 7: Start Selling
You can begin selling on Amazon after your products are posted. For improved visibility, keep in mind to manage your inventory, deliver top-notch customer service, and optimize your listings.
Conclusion
In 2023, being an Amazon seller is a simple process that could lead to big chances for your company. These techniques can help you succeed on the Amazon marketplace whether you’re a novice seller or a seasoned pro striving for high-volume sales. So, get started as an Amazon seller right away and take advantage of the huge client base that Amazon has to offer. Good fortune!