What are the requirements for an individual to open a store on Amazon? Can one person run Amazon at home?
If an individual opens a store on Amazon, let me emphasize that Amazon does not distinguish between personal accounts and corporate accounts. There are only two types of Amazon accounts: one is the personal sales plan (Individual), and the second is the professional sales plan (Professional). Both individuals and companies can apply for an "Individual Account"; similarly, both individuals and companies can apply for a "Professional Account". The two are only slightly different in terms of fees and functions, but are exactly the same in terms of traffic, and there is no upper limit on the listings of personal accounts. So what does one need to prepare if he wants to run Amazon business at home or register for Amazon personally? Let’s take a look with the editor.
1. Credit cards that support foreign currencies (Bank of Communications credit card is recommended) Professional sellers on Amazon will have a fixed monthly fee, which is generally deducted from the Amazon store account balance first. If there is no balance, it will be deducted from the credit card.
2. Computer and Internet Amazon policy does not allow one person to open multiple stores. Using a computer or Internet that has a registered seller account to open a store will be regarded as multiple account management, and the result will naturally be account suspension. In the early days, some people used VPS to virtualize multiple IPs and hosts to remotely open accounts, but if you think about it carefully, Amazon itself is the world's largest cloud computing service provider, so don't underestimate Amazon's technology. Computers and the Internet are not the only factors in finding associations. Addresses, phone numbers, products and even behavioral habits may all be considered as association factors. As an individual seller and a new seller, I don’t plan to open more stores. It is not difficult to prepare a clean network and computer, so I don’t have to worry too much about these.
3. Payment account Dingfu is an essential payment method for new sellers entering the cross-border e-commerce industry. It supports Amazon, Wish, Lazada, and Tophatter. When your product is sold, Amazon will settle the payment every 14 days. If you open an Amazon US site, the money will be paid directly to your US bank account. If it is a UK site, the money will be paid in pounds to a UK bank account. If it is a German site, the money will be paid in euros to a German bank account. If it is a Japanese site, the money will be paid in yen to a Japanese bank account.
The above is what you need to prepare when you want to run an Amazon business at home and register an Amazon account. I hope it will be helpful to you and help you fulfill your entrepreneurial dream. If you want to know more about how to do business on Amazon, please continue to follow us!
