5 Essential Steps for Amazon Seller Success.
Key Takeaways
Ensure that your personal and business details match exactly with your verification documents.
Utilize Amazon seller tools to enhance your business performance and profitability.
Requirements to Create an Amazon Seller Account
Provide ID or a driver’s license for a primary contact person. They do not need to be in the same country as the business.
3. Business Verification Documents
Different types of businesses require different documents.
4. Business Address and Phone Number
Your business address must match the location of your business. This consistency is crucial for verification purposes. Also, provide a valid phone number where Amazon can reach you.
5. Business Bank Account
If you are not operating as an individual, provide your business bank account details. This account is where Amazon will deposit your payments. Ensure it matches your business location for smooth transactions.
When setting up your Amazon seller account, providing accurate business bank account details is a critical step. This account is where Amazon will deposit your earnings, so it must be correctly linked to your business. Here’s a detailed look at why this step is so important and how to ensure it’s done correctly.
Importance of a Business Bank Account
Requirements and Accuracy
Matching Business Location
Individual vs. Professional Amazon Seller Accounts
Individual Account
Add new products to the catalog.
Use Fulfillment by Amazon (FBA).
Sell in a few categories.
Drawbacks:
Limited access to advanced selling tools.
Cannot apply for top placements on product pages.
No option for bulk listing creation or inventory management tools.
Professional Account
Features:
Add new products and sell in additional categories.
Utilize bulk listing creation and inventory management tools.
Apply for top placements and on-site advertising.
Run promotions and offer free shipping.
Drawbacks:
A monthly fee applies, regardless of sales volume.
Five Major Steps to Create an Amazon Seller Account
Follow these steps to set up your Amazon seller account without complications:
Stage #1: Sign Up
Start by visiting the Amazon Seller sign-up page. Here, you will create your account and enter your details. Make sure to use accurate information to avoid delays.
Stage #2: Provide Business Information
Be precise with the information you provide. Any inconsistencies can cause verification issues.
Stage #3: Upload Verification Documents
Submit the necessary documents for verification. This typically includes identification for the primary contact and business registration documents.
Stage #4: Set Up Your Bank Account
Enter your business bank account details. This account will be used for receiving payments from Amazon.
Stage #5: Choose Your Selling Plan
Decide whether to go with an Individual or Professional seller account.
Common Mistakes to Avoid
Inaccurate Information
Incomplete Documents
Incorrect Bank Details