Nowadays, more and more people are opening stores on Amazon. At the same time, the registration requirements for Amazon pay more and more attention to details, and there are a lot of materials to prepare for opening a store on Amazon. Let’s first take a look at what information we need to prepare to open a store on Amazon.
Information required to register an account (US and European):
1. Business license 2. Dual currency credit card 3. Clean computer network and mobile phone number 4. Receiving account 5. US site review information (credit card bill or bank statement).
European station KYC review materials (public account, business license, passport of legal person and beneficiary, daily expense bills of legal person and beneficiary).
After the above information is prepared, you still need to contact the investment manager to open a store globally. The manager will review the information. After the information is reviewed and passed, you will receive a registration link. Then, to prevent association, you must start registering with a clean computer. After completing the registration process, the review will begin. The account can only go online after the review is passed.
The name of the global Amazon store registration also needs to be clarified, as well as many other things such as: FBA fees, storage fees, and basic service fees.
1. Registration method: Personal name and company name. Both identities can be used to register as an individual seller or a professional seller. You can register both individual sellers and professional sellers in the name of a company, and the same applies to self-employed individuals.
2. Different charges: The monthly rent is different. Although individual sellers have 0 monthly rent, they still need to pay a handling fee of US$0.99 for each product sold. Professional sellers need to pay a monthly fee of US$39.99. No additional charge for a single item. The specific cost is expressed in the formula below.
Individual sellers:
The amount deposited into the seller's account = product price + shipping fee paid by the buyer - sales commission - $0.99 per item - other fees
Professional Sellers:
Amount deposited into the seller's account = product price + shipping fee paid by the buyer - sales commission - monthly rent of US$39.99 - other fees
(Other fees include: FBA fees, storage fees, basic service fees, product fees, first-mile fees, etc.)
3. Different functions: The individual seller version has 0 monthly rent, but its functions are limited. For example, there is no function to list SKUs in batches, no order data reports, no promotional tools, and no golden shopping cart. Professional sellers have all the above functions.
The above is the relevant information about opening stores on Amazon around the world in this issue. If you want to get more knowledge about opening stores on Amazon around the world, please continue to pay attention!
