In this section, we will talk about the two different types of Account Settings on Amazon Marketplace.
An individual Account is the least essentiality to sell products on Amazon. There is a referral fee attached, and in some cases, there is a variable closing fee. There are FBA charges if you are utilizing the service and the shipping costs if you are delivering the product yourself.
To set up a professional account, you have to go to Sell on Amazon page and click the Sell as Professional button. Thereafter, follow the steps given below −
If you are outside the US, check the worldwide seller links for important instructions and notification.
Next, enter the legal name of your business and click the checkbox.
Read the agreement and click the Continue button.
After this, you will be approached to enter a display name, the name of your business inside the Amazon system, the listing name for your product, your address and contact details, and your credit card information. Click Save & Continue to push forward.
Complete the Amazon verification by entering the PIN number texted to you or listed in call to you by Amazon.
You will also need to update your tax status to Amazon.
To begin with, click the Launch Interview Wizard button on the Tax Identity page.
You will be asked whether you remain in the US or overseas, the structure of your organization, the sole proprietor, your tax ID number, tax address, etc.
Follow the Wizard attentively and once you are done, leave the Wizard.
You will be coordinated to the previous page, click on ‘Complete Registration’ to finish off.
Next, you have to give Seller Information, as portrayed in the following screenshot.
After providing Seller Information, verify your identity, as shown in the following screenshot.
Once you have verified your identity, set up your account, as shown in the following screenshot.
Now, the final icing on the cake! Add the products you want to sell and list their costs.