The type of seller plan you’ll use is one of the first decisions you’ll make when selling on Amazon. Individual and Professional plans are available to Amazon sellers. The main distinction between the two is determined by your projected sales volume.
The Amazon individual seller plan offers a pay-as-you-go plan that provides access to basic listings and order management tools. Sellers who are individuals pay 99c for each sale they make. There are no fees to pay unless Amazon sells the item.
The Pro seller package is a subscription that provides various advantages and tools, such as Amazon Marketplace Web Service, advanced business reports, custom shipping options, and rates, as well as eligibility for the highest placement on specific pages.
The cost will be $39.99 per month, but it can be different depending on whether or not you are selling in several countries or not.
Amazon also pays commissions on referrals for every sale. The fee is a percentage of the transaction total and is dependent on the product category.
Which one is right for you? If you are planning to market more than 40 items each month, you might opt for the professional plan. If you are selling less than 40 items each month, or experience fluctuations in sales during the season The Individual plan might be the best option for you.
Make your own Amazon seller account
It is the next thing to do: set up the new Amazon seller account. Before you sign up, have these things in mind:
- Business email address
- The number of a bank account, or the bank routing number
- A credit card in active use
- Government-issued national ID
- Tax information
- Number for phone
Next, head over to sellercentral.amazon.com to sign up. Amazon will require information regarding your company like the address of your business and tax information and information about your bank and identity.
Amazon demands sellers to obtain approval for specific types of products. Music, fashion, grocery, and jewelry are all the most popular areas that need approval prior to opening an Amazon selling account. Learn more about the categories that you can sell your products in.
After you’ve got your Amazon seller account has been cleared, you’re all set to list your items and begin selling.
Select your fulfillment options
As an online seller, You have two options to fulfill orders either by doing it yourself or by using FBA in which Amazon is the one responsible for receiving the packaging and shipping of orders.
Fulfilled by the merchant (FBM)
Customers can order directly from you and also manage returns, shipping as well as customer service. This is a great choice for products that are custom-made or those that require an extended lead time to process.
Fulfillment by Amazon (FBA)
Your inventory is sent into Amazon’s warehouse, also known in the industry as the Amazon Fulfillment Center (FC) and it then ships the items and also manages customer returns.
Click here to know more about Amazon FBA.
You manage the inventory levels, and you charge storage costs for the product as well as an expense for fulfillment for every product sold to customers. Be aware that you control the inventory until the customer has received it.
In this arrangement, Amazon handles payment from the client and then pays you each two weeks. Amazon’s customer support team, manages returns, questions as well as refunds. You also have the benefits of Amazon Prime and Free Super Saver Shipping to help you grow your business.
Recommended Guide: How to Optimize Amazon product listing.