S To Take Before Closing Your Seller Account
If you decide to permanently close your account, follow these steps:
Note:
How To List A New Item To Sell On Amazon
1. If you’re not already logged in to your Amazon account, do so.
2. Once on your “Seller Dashboard,” click “Catalog” in the menu bar. Select “Add a Product” from the dropdown menu.
3. Choose “I’m adding a product not sold on Amazon.”
4. Browse item categories before choosing “Select category” and picking a subcategory.
5. Enter your product’s information in the “Vital Info” and “Offer” tabs.
6. Click “Save.”
Digging Deeper Into The Professional Seller Account Benefits
Im sure you can tell by the tone of this article that I think you should become a professional seller if you are serious about being in business for yourself. There are too many benefits not to. If youre not convinced here are a few more reasons to become a professional seller on Amazon.
- Cost Savings If you sell more than 40 items a month, you save money 99 cents per item that sells. That means that the more you sell each month, the lower your costs are. This is a rare gift in the business world where typically your fees go up the more you sell.
- Ability to Upload Listings Using 3rd Party Services When you are listing multiple items it can become very tedious to have to do only one at a time which is how it works with the individual account. If you plan to list a lot of items, using a service like Inventory Lab you will be able to batch list your products and print your labels on demand. This alone will save you a ton of time and how much is your time worth?
- Ability to Apply for Restricted Categories There are several sub-categories on Amazon that are restricted such as topicals, groceries and even toys during the holidays. So, if you want to apply to sell these items, its important to get a professional account. You can view the full list of restricted categories here.
As you see, there are some serious differences between a professional seller and an individual seller on Amazon that you should consider when starting your FBA business.
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Reasons To Shift To Amazon Fulfilled By Merchant
Amazon is prioritizing essential products On March 17, 2020, Amazon announced that it would be temporarily disabling shipment creation on products that werent household staples, medical supplies, and other items that the company determined were high-demand. Amazon sellers who stock items that FBA warehouses are in desperate need of may be able to continue business as usual, but sellers with items that Amazon considers non-essential are being forced to adapt.
Of course, people arent only shopping for high-demand items. Online shoppers that are stuck at home could be looking for anything from things to entertain themselves with home improvement items to gifts that are meant to cheer up loved ones during this crisis. E-commerce sales are up across the board, and Amazon merchant fulfilled shipping could help your brand take advantage of this trend.
Operations could be impacted for months In the announcement, Amazon stated that normal FBA operations were expected to resume on April 5. This date could end up being postponed however depending on how COVID-19 continues to impact society. And even if FBA operations do pick back up on April 5, there will likely be a massive backlog of incoming shipments that could take weeks or even months to process, especially with a continued emphasis on high-demand goods. Amazon sellers should plan for operational hiccups for at least the next couple of months.
How To Create An Amazon Individual Seller Account
Registering to sell on Amazon is a straightforward process. It should not take you more than an hour, and you can streamline the process by keeping the following information and documents handy:
- Your legal name, business name, and address: Your legal name will not be made public while your business name is the one that customers will see when buying your product.
- Government-issued ID: Any proof of identity issued by your government.
- Contact information: We recommend setting up a separate email address for your Amazon business. This contact information will be used by Amazon and customers to get in touch with you directly. Have a working phone number ready as well. Amazon will verify your contact information during the registration process.
- A ship from address: In case you are shipping your products from an address that is not your business address.
- Bank Account Information: This account is where Amazon will send you the proceeds of your sales. You will usually get your money every 14 days.
- Tax identity information: In the United States, you can provide your Social Security number or your companys Federal Tax ID number. You have to submit your tax information and have it verified. Keep in mind that Amazon does not file your taxes. The retail giant is required by law to collect your tax ID information so that relevant authorities can be notified of taxable earnings you make as a seller. The responsibility of paying your taxes is yours.
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What Does Individual Seller Versus Professional Seller Mean
You have two choices of how you want to set up your Amazon Seller account you can be an Individual Seller or a Professional Seller.
Amazon does give some benefits to professional sellers over individual sellers, which is why there is a monthly fee associated with the account.
One thing to remember is that no matter which account type you choose, you are still be starting a business.
In the , we go over a lot of the things you need to consider when starting a business. Without getting too off track, a couple of things to consider when starting a business is getting a separate checking account, saving all of your receipts & tracking mileage.
How To Create An Amazon Seller Account For Free
Amazon offers two types of seller accounts: Individual and Professional.
The Professional account costs $39.99 a month, which is enough for many beginners to think twice about setting up their account. In this guide, Ill show you how to set up an Individual account so you can get started today without any upfront charges.
Please pay close attention and follow the steps exactly or you will be charged the $39.99 even if you choose Individual.
There is a quirk in the registration process that is forcing many people who want Individual accounts to pay the $39.99 fee anyway. You can request a refund immediately after, but following the steps below will ensure you dont have to deal with this unnecessary headache.
If you find this guide helpful, please consider signing up for eCommerce Insider and taking our free Fundamentals of a Successful Online Selling Business course. Our goal is to help you realize the benefits that generating a full-time income from online retail offers while avoiding things like unnecessary risk and debt.
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Another Option: Sell Your Amazon Account To Other Amazon Sellers
Before I wrap up this post, let me share a last, very appealing alternative to deleting your Amazon seller account: sell it.
Thats right, you can sell your Amazon account to other sellers and make a significant amount of money out of the deal .
Email if you are interested to sell your Amazon Account.
Starting an Amazon business from scratch can be difficult which is why entrepreneurs are always looking for shortcuts. Buying a ready-made Amazon seller account instead of creating a new one is perhaps the most popular shortcut.
All you need to calculate your businesss worth is a simple formula:
Let me break this down a bit:
- Monthly Net Profit – an average of monthly net profits over a 12-months period
- Multiple – usually ranging from 20x – 40x. This number is larger for bigger, more trust-worthy business that have been around for longer periods of time. Its smaller for relatively newer businesses.
- Inventory At Cost – landed cost of your inventory. This includes packaging, shipping, and everything else in between.
So, how long will it take your business to be sold?
It depends.
Some businesses are likely to be sold faster than others. It all depends upon your account type and your niche. For example, buyers are reluctant to buy into competitive niches. Similarly, long-term selling accounts are likely to be more in-demand than short-term ones.
What Fees Will I Pay If I Sell Something Using My Unified Account
For all per-item transaction fees, you will pay the fees applicable to the store in which the item was sold. Your monthly Professional selling plan subscription fee will be allocated to each North American store in which you have active listings on your monthly billing day, and will be limited to USD 39.99 or its equivalent in total. For more information about Professional selling plan fees, go to .
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Advanced Features: Tools And Reports
For Professional accounts, their access provides a more extensive report as well as access to advanced inventory management tools which can help manage and streamline processes, giving you an edge over competitors.
However, you can always subscribe to that can help you get ahead in selling on Amazon.
S To Downgrade My Amazon Seller Account
Amazon provides two different types of Accounts for those who want to sell items- an Individual account and a Professional account.
The main difference between the two is that the Professional account comes with a monthly subscription fee, while the Individual account does not.
If you decide that you no longer want to pay the monthly fee, you can plan to Downgrade My Amazon Seller Account i.e. your Professional account to an Individual account at any time.
Log in to your Amazon Seller Central account.
Go to Settings -> Account Info, and click on the Downgrade link under the Your Services section.
Keep in mind that downgrading will remove any seller discounts or benefits that you may have been receiving.
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How To Close Your Amazon Account Permanently
Without further ado, lets go through a step-by-step guide on how to permanently close your Amazon seller account.
First of all, go to Account Info under the Settings drop-down menu:
Now, click on Close account in the right-most section of the page:
Fill the required fields and hit Send to request Amazon to delete your seller account:
Now, youll see this message:
Amazon will process your request and will either send you a confirmation email stating that your account has been successfully shutdown, or – if you dont meet their criteria – they will notify you of all details regarding why your account cannot be closed.
Moreover, they will also recommend you some actions to take in order to meet their eligibility criteria. If your first attempt to close your account is not successful, implement these recommended steps and request Amazon again to close your account.
Why Is Amazon Asking Me To Pay $3999
If Amazon is asking you to pay $39.99 despite clicking on the right link, it means that at some point in the past you started the process of setting up a Professional account.
Once you do that, the best route to go is pay the $39.99 fee, downgrade the account, and request a refund.
During our Accelerator in February 2020, one of the new sellers had to deal with this unfortunate issue thats how we figured this out.
With her permission, here is the email that she received from email when trying to get an Individual account but being asked to pay:
In the blue box you will note it says to choose the Individual plan after clicking on Start Selling this is wrong and exactly how you will end up in this situation in the first place.
If you do find yourself in the position of needing to downgrade your seller account, the Note: you will need to login to Seller Central to open this link.
If you follow the advice above from the beginning of this post, you should be able to avoid all this though!
It may be worth clearing your browser cookies before even clicking on the Individual link and registering for an account too.
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Downgrading To A Basic Seller Account
Hi allIm seriously thinking of downgrading from a pro to basic selling account , with the reason being i am not making enough sales to justify paying the monthly subscription fee. Ive read elsewhere that if you dont make at least 30-40 sales a month, then a pro account is not worth paying for and its better to sell on a basic account.Well as it stands i make nowhere near that amountSo before i downgrade, my question is, can i still sell items in the same category as i am at the moment? The category in question is hair care products
Any advice will be appreciatedRegards
then a pro account is not worth paying for and its better to sell on a basic account.
unless you use some of the features that are only available to pro accounts, like setting your own FBM P& P fees.
It is actually about 34 items a month to draw even. Once you downgrade you will then pay an extra 89p per sale.As Barry says, you will no longer be able to set your own P& P.You can always upgrade again if sales increase.
Downgrading is a subscription only exercise, it should not interfere with your ability to sell in your current categories.
However, there are other business relates issues to bear in mind.
You cannot set your own postage rates, buy box eligibility will be removed, as will access to some business reports and inventory management features.
Do you sell across Europe too? Thats another consideration.
35 is the financial break even point, for me the business benefits point is somewhat lower.
Can I Downgrade From Professional
Hi Everyone,
All my inventory is out of stock now, it will take a month to restock my inventory, I have a professional account where i am paying 39.99 . As i am not going to have any active listing for a month, if i downgrade my account i can save amazon fee but i want to know if that effects my account performance once i restock with professional account status?
Thank you for your time and reply.
Yes you can downgrade, but I believe you will still have the pay for 30 full days.
Hi there, INDUS.
If youd like to downgrade your account to the Individual plan, you may do so at any time:
- From Settings, select the Account Info link.
- Locate the Your Services section, and click on the Manage link.
- From there, you can initiate a downgrade to the Individual plan.Downgrading your account will limit your listing abilities to those of a Individual account until you choose to upgrade again. However, Amazon does not penalize a seller for downgrading their account.
I hope this information has been helpful. Feel free to post back if you have any additional questions! Have an excellent weekend!
-Scotty
yes you can downgrade, and just leave a mail to amazon seller support that you may not be available, it will solve the purpose.
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Use A New Email When Becoming An Individual Seller
Weve made a separate section for this because its highly important: Make sure you make a new email when signing up for an individual seller account on Amazon.
Why?
Because if you already have an Amazon account and click on the Start Selling button to set it up as a seller account, Amazon automatically initiates the process to set it up as a professional account, not an individual account.
Thus, even if you intend to be an individual seller on the platform, you will still be asked for the $39.99 subscription fee with you having no idea why this is happening.
This is especially poor design by Amazon and while this was a problem the last time we checked, we hope it is fixed soon.
So, if you use your existing Amazon account to set up a seller account, the only choice youll have is to pay the subscription fee, downgrade it using the steps we showed above, and then ask Amazon for a refund.
Rather than going through this convoluted process, we think its a much better option to just make a new email and then set up your seller account using that email.
You wont run into this issue when you use an email that is not already associated with Amazon.
Is 40 Really That Many Items Per Month
Selling 40 items each month isnt hard to do on Amazon, especially when using the FBA program.
We like to teach new sellers that they should start small, always buying 2-3 of any items to test the water. If you stick with that theory, finding just 15-20 items in a given month will put you over the 40 items needed to make up your professional seller fee.
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How Do I Change My Seller Status On Amazon
Amazon provides two options for selling products on their site individuals and businesses. If youre interested in starting or expanding your business, youll want to create a business account. But if you plan on only selling a few items, an individual account may be a better fit. You can always change your account type later if you decide to upgrade to a business account. Heres how to change your seller status on Amazon: If you currently have an individual seller account: Go to Your Account > Login & Security. Under Manage Your Selling Tools, select Change account type. Select the Change to Professional Selling button. Follow the prompts to complete your account switch. If you currently have a Professional seller account: Go to Your Account > Login & Security. Under Manage Your Selling Tools, select Change account type. Select the Change to Individual Selling button. Follow the prompts to complete your account switch.