How to register as Seller on Amazon?
Amazon is one among the highly rated online internet market where one can sell and buy products. it’s the most important online retailer within the us of America. the corporate has committed an investment of quite 2 billion US Dollar in building and developing its Indian counterpart – Amazon India. Amazon India was launched within the year 2013 and presently sells many goods over its platform. during this article, we’ll discuss the method to become an Amazon India Partner and the way to sell products through Amazon.
Differences Between an Individual Seller and a Professional Seller.
There are five subtle but important trade offs between selecting a Professional Seller and an Individual Seller account on Amazon:
Professional Sellers pay a $39.99 monthly fee for his or her accounts to move , albeit they don’t list or sell anything. Individual sellers don’t have this monthly fee to deal with . (Amazon makes an honest amount of cash from Professional sellers that keep their accounts active but don’t list any products purchasable .)
While Individual and Professional Sellers pay an equivalent referral fees on product sales, Individual sellers are charged a $0.99/per item fee for every unit that sells. Professional sellers don’t have this fee. While a private Seller pays no monthly fee for your seller account, you’ll pay a per-item $0.99 fee on each sale in additional to the standard Amazon referral fees. as long as the Professional Seller monthly fee is $39.99, if you propose to sell quite 40 units a month, you’ll want to think about getting knowledgeable Seller account only for the aim of saving on the per-item fee (plus there are many other advantages being knowledgeable Seller). Also confine mind that you’re allowed to flip back and forth between being a private Seller and Professional Seller. this is often worth remembering if you opt to prevent selling as knowledgeable Seller for a few period of your time , and don’t want to be charged a monthly fee during that no-sales period.
Only professional sellers can set their own shipping rates they charge Amazon customers. If you propose to form shipping a profit center for you, it are often vital to be ready to set your own shipping rates that you simply charge Amazon customers. But remember, Amazon charges you referral fees on the combined product price and shipping cost, so you’ll want to factor that referral fee into your shipping rates.
Listing new products:
Apart from a couple of minor exceptions, only Professional Sellers can create new listings for products never offered before on Amazon. Individual sellers can only add their offers to listings already created on Amazon.
Only Professional Sellers can apply to be allowed to list and sell within the dozen approximately categories of products that are currently gated on Amazon. These categories include Automotive & Powersports, Collectible Books, Collectible Coins, Entertainment Collectibles, Fine Art, Gift Cards, Jewelry, Music & DVD, Major Appliances, Sports Collectibles, Streaming Media Players, Video, DVD, & Blu-ray, and Watches.
How it works
Selling products on Amazon is straightforward and straightforward . First, you would like to list the products which you would like to sell on Amazon marketplace. When a customer makes a sale , you’ll get a notification for an equivalent requiring you to ship the merchandise . you’ll either initiate the delivery of the chosen product to the customer and ensure shipment, or let Amazon fulfil the order for you thru their logistics arm. Thereafter, Amazon will credit the funds to your checking account after deducting its fees.
GST for E-commerce Sellers
As you’ve got seen above, GST compliance is a crucial a part of the Amazon Seller registration process. Leeoweb has partnered with Amazon India to assist vendors on this platform become GST-ready in a simple manner. Our software integrates seamlessly with the vendor dashboard and importing invoices and filing returns is thus simplified. Here’s a step-by-step guide for Amazon sellers on the way to import your data and file returns on Leeoweb GST.
Leeoweb has many tailor-made plans which will help e-com dealers with GST registration, GST return filing, and other compliance needs. By choosing one among our plans for your business, you’ll easily meet your GST needs during a timely and budget-friendly manner and boost your online sales with none worry.