Do I need a deposit to sell on Amazon? The answer is unique: no need to pay. Currently, Taobao and AliExpress, which we are familiar with, require a deposit, but Amazon does not. Some service providers outside are now spreading rumors, using screenshots of the new deposit regulations of Joyo Amazon (China) and quoting them out of context, with the aim of attracting the attention of sellers and selling their accounts. In fact, they are all scams, so sellers should be careful.
Since Amazon does not require a deposit to settle accounts, what other fees are required?
1. Opening a store on Amazon Global is free and does not require a deposit.
2. Amazon will charge a monthly rent or commission.
Accounts are divided into personal selling and professional selling plans. The "Personal Selling Plan" will be charged a per-item fee, while the "Professional Selling Plan" account needs to pay a monthly rent.
Let’s take a look at the detailed charges of an Amazon account:
In fact, there are roughly only four parts of fees on Amazon: monthly fees, marketing-related fees, FBA fees, and commission fees for each order.
1. Monthly Fee
There is no fee to register an account, but as mentioned earlier, Amazon platform requires a platform fee. Personal accounts are charged per product, 0.99 cents per item, and there is no fee if there is no sales. Professional accounts are $39.99 per month.
2. Operation and marketing related expenses
Do the paid operations necessary for Amazon operations, do pay-per-click CPC to buy keywords. This is set up according to different operators, and the amount of consumption is different.
3. FBA related fees
As mentioned earlier, FBA is Amazon's warehousing and logistics. There is no charge if it is not used. Only when FBA is used will fees be incurred. The specific fees will be introduced in detail in subsequent articles. Here, it is recommended that individual sellers use the self-delivery method to save costs when testing products at the beginning. After the product is tested and sells well, switch to the FBA method to bring in more orders.
4. Commission fee for each order
The commission for each order varies greatly depending on the category. After each order sells a product, Amazon will charge a commission ranging from 7% to 15%.
This is the end of the information about Amazon’s entry deposit. If you want to get more information about Amazon’s entry deposit, please pay attention. We will continue to answer your questions~
