Basic qualifications required to open a store on Amazon:
1. Business license
You must be a registered company in mainland China, Hong Kong, Macau or Taiwan, and be able to provide a copy of your business license. (If you are a mainland resident) It is recommended to submit a mainland company, as the audit materials required for account review are relatively simple.
2. Bank account
a. An overseas bank debit card to transfer money from your account. You need to have a local bank account in any of the United States, United Kingdom, Germany, Austria and France. Hong Kong bank accounts are also accepted (debit card). If you do not have a bank account in the above countries, we recommend Amazon's third-party payment company World First:
Both personal and business bank accounts are acceptable. And you can use other people’s bank cards!!! It’s a must for UK registration, but not urgent for the US.
b. You also need to have a domestic or international Visa credit card to collect platform usage fees. This is required when registering, otherwise you cannot register, and you can use other people's accounts. Mastercard is also acceptable, but there are occasional problems and registration may fail. You can also use someone else's bank card.
3. Language requirements
You must upload your product information in English.
4. UPC code
For most categories of products, Amazon requires you to provide the product's UPC/EAN/GTIN code. If you don't have a UPC code and want to buy one, you can get the relevant information from the official website below. It is recommended not to buy products on Taobao, as most of them are generated by generators and are fake. This is a must, otherwise your product cannot be uploaded.
There are four types of Amazon stores:
AS, which stands for Amazon Seller Central, or SC for short, is also called 3P Sller (3rd Party Seller). This is the most common type of seller currently, and such sellers come from countries and regions all over the world. In China, you can register by yourself or through "global store opening". Self-registered 3P sellers are divided into Individual and Professional.
AB stands for Amazon Business. Amazon Business has replaced the earlier Amazon Supply. Compared to Amazon Supply, sellers can sell products directly to businesses and have direct access to hundreds of thousands of commercial purchasing customers around the world. For commercial purchasing customers, Amazon Business provides them with rich product resources and a convenient purchasing experience.
VC stands for Amazon Vendor Central. Amazon has a heavyweight supplier system, and most of its self-operated products come from VC sellers. The VC system is relatively closed and is currently not accepting new suppliers. The system involves many business terms and rules, such as Payment Terms, Insurance, Guaranties, etc., which is similar to Walmart's supplier system Retaillink.
VE stands for Amazon Vendor Express. Amazon launched a supplier platform in 2015 for US-based corporate suppliers. Compared with the VC system, VE is more flexible and similar to a lightweight VC.
This is the end of this issue's knowledge on opening a store on Amazon. If you want to continue to learn more about Amazon, please pay attention and we will continue to answer your questions~
