How Can I Start Selling on Amazon?
After seeing how well Amazon did over the holidays, it’s no surprise that you are considering creating an account as an Amazon Seller. Please continue reading and speak with our experienced team to learn more about how you can start selling on Amazon. Here are some of the questions you may have:
How do I register as a Seller on Amazon? Which plan should I pick?
When you begin the registration process, one of the first things you may notice is that you will be asked to pick your plan. You will have to choose either an Individual plan or a Professional plan. Essentially, the Individual plan costs $0.99 per sale, while those who use the Professional plan pay $39.99 per month. That being said, if you are someone who plans on selling more than 40 items per month, then you should consider going with the Professional plan. However, if you sell less than 40 items per month, which may be the case if you are only starting out, you should consider choosing the Individual plan.
What do I need to register as a Seller on Amazon?
To register as a Seller on Amazon, you must be ready to provide the following information:
- Your bank account number and bank routing number
- Your tax information
- Your phone number
- A chargeable credit card
- Your government-issued national ID
How much does it cost to open an account as an Amazon Seller?
While the cost varies from person to person, you will most likely have to pay a wide variety of potential fees along the way, including:
- Subscription fees
- Selling fees
- Shipping fees
- FBA fees
Once you’ve completed the relatively easy process of setting up your account, you should be almost ready to learn more about listing your first product for sale on Amazon. In next week’s blog, we will discuss how you can begin listing items. Stay tuned!
Contact Our Team
If you are an Amazon seller and require the assistance of an experienced Certified Public Accountant, please contact Ebiz Accounting for an initial consultation. We provide Amazon business accounting services to clients in New York and throughout the United States. All Amazon sellers should have an accountant they can trust. If you are looking to expand your business, or even form a new one, do not hesitate to reach out to our knowledgeable team today.