How to create an Amazon Seller Account?

Amazon Seller Account Registration

Amazon is an eCommerce platform. It stands as one of America’s most popular eCommerce networks having founded her roots not only as an eCommerce platform but also as a cloud computing, digital streaming, and artificial intelligence. As it stands, Amazon seller one of the grandest technology companies in the world. As a seller, Amazon able to disrupt even the stand-up industries because of its successes when it comes to mass scale and innovations in matters technology. Amazon is the biggest online retailer on the planet, and you can have items you sell recorded available to be purchased on Amazon. As a byproduct of certain expenses that you pay to Amazon, your things can be shown to a large number of clients.

How to sell on Amazon India

Basically, in 5 steps we can explain how one can sell on Amazon India after registering as an Amazon seller.

1. Create an Amazon seller account.
2. Select your product, upload & list the products.
3. Customers see the products & purchase the products
4. Deliver products to the customer
5. Receive the payments from Amazon.

1. How to create a seller account on Amazon India?

To create an Amazon seller account you need GST number & PAN based on the category or business type.

1. Sign up for an Amazon seller account. Visit services Amazon website https://services.amazon.com/

   

2. Below the header see the link “Start Selling” or “Become an Amazon Seller”
3. Click on the Signup Button
   

   Amazon Seller Account Login Page:

   

4. Here we get two options to register as Amazon seller as Professional & Individual. Choose “Professional” only if you are selling more than 40 product units per month & “Individual” if your sales are less than 40 product items.

5. Enter email Id & Select “Create a new Account”. Once done click the “next” button.

6. It will ask you to verify your account by entering the OTP received to your registered email id. Once the OTP is verified it takes you to the next step.
7. Choose “Business Location”, “Business Type” & Full Name (i.e First, middle & last name).
   Business Location- This is the country where the business is located.
   Business Type- It represents the type of business i.e state-owned business, publicly-owned business, privately owned business, charity or Individual. Enter the details & click on “Agree & Continue” button.

   

   Choosing the name of the business

   This requires you to evaluate and analyze all possible causes of concern alongside the implications that come prior to settling on a particular name for your business. When you have finally settled on the most appropriate name, go ahead to register it with the right business structure. So that no one else can go for it. Finally, take the domain name if possible.

8. Enter your personal information like country of citizenship, country of birth, Date of birth, proof of identity, Expiration Date, country of Issue, business address, Phone number & click on next.

   

9. Choose your MarketPlace(s). Here you can select where you want to sell the product i.e on Amazon.com, amazon.ca, Amazon.in, etc & click on ‘next’.

   

10. Enter the billing information i.e Credit card number, expire on, card holder’s name, billing address & click next.

    

11. Add the information about the product & Amazon store. i.e Name of Amazon Store, UPC codes for products, manufacturer/brand owner of the product, registered trademark, etc. Click on the Next button.

    

12. Address Validation- Here amazon sends a postal card with a code to the business address given at the time of registration. Once you receive the card enter the code here & once it is verified the Amazon seller account is created successfully.

    

    

13. Choose a seller category, create your Amazon seller account, and set up your seller profile.

2. Select your product, upload & list the products.

• List your products. List products already on Amazon, or list new products.
• Manage your inventory. Keep inventory levels up to outcompete other sellers, and consider sponsoring certain products based on demand.

Choosing the right product to sell on Amazon India

Choosing the products that will trade in on Amazon is one of the most important steps in venturing into e-commerce. The very first step is to find out about the demand that the product poses in the existing market. Some of the factors that you also have to bear in mind before diving deep into Amazon include;

• Researching to find out on the agility in demand for the product you wish to trade-in is important.
• Avoid dealing in knitwear or in simpler terms, do not trade in products that have seasonal demand. This will cut your feet off when it is out of season.
• Going for products that are known to have a limited shelf life requires wisdom and skill in approach.
• The choice of the size of the products you want to sell. The fact that bigger goods will often call for a bigger space for storage and therefore a more costly alternative.
• The degree of breakability and transportation safety

Start with a single category                               

For a chance to focus on your business, it is important to start with one product category as this will help define you in your market. Building a name and therefore a brand in the e-commerce platform is easy when customers can be able to identify you using the product you deal in. The competition can also be a challenge when you are dealing with multiple product categories. In dealing with a single category, you minimize competition while at the same time gunner enough strength, focus, and effort towards pushing and managing your product and business respectively in your market.

1. Planning your finances

In venturing or upscaling into a different business approach, finances are one of the most fundamental requirements. The transition from a local business to eCommerce on Amazon does not necessarily require to plunge in a lot of money. What is most important is the initial investment and some amount set aside to help in managing & taking care of the expenses prior to the business. Finally being able to yield profit and stand on its own. At this point, you have to establish whichever of the unilateral costs that you will only get to spend on once. Some of these unitary costs could be branding and inventory, securing permits and licenses, taking care of legal charges, and securing trademarking rights.

2. Choosing the right business structure

Expert advice suggests that you opt for the most simple business structure. The main aim of this approach is to keep your spending at a minimum as well as remain flexible throughout the operation.

3. Customers see the products & purchase the products

Millions of Online customers visiting Amazon India able to view your products. Customers may like your product & place orders based on their requirements.

4. Deliver products to the customer

• Once the orders are placed by the customer Amazon will notify you regarding the order details by email & Amazon central dashboard.
• If the seller selects FBA- Fulfilment by Amazon then Amazon will take care of storage, picking, packing & shipping of the product.
• If the seller selects “Easy Ship” – Amazon will pick the product from you & deliver straight to the customer.
• Fulfill, and ship orders. Decide between seller self-shipping or fulfillment by Amazon.

5. Receive the payments from Amazon.

Receive your earnings. Amazon deducts its seller fees from your profit and sends the balance to your bank account every 14 days. All the details viewed in your Seller Central Account.

In the event that you track with this guide, you will figure out how to sell on Amazon, make your first deal and begin a business. All the more critically, by making deals you will demonstrate to yourself that the sky is the utmost.

The measure of cash you have to begin an Amazon business relies upon where you are sourcing your items. You can buy stock to sell on Amazon from a couple of various sources:

• Retail locations: You purchase things at nearby/online retail locations, and exchange them on Amazon (this is known as retail/online exchange).
• Discount Suppliers: You purchase things from an organization like our own, and you’re ready to exchange these items any place you’d like (counting Amazon).
• Private Label Manufacturers: You alter and modify your own marked items to sell any place you would like (counting Amazon).

Get your online presence and grow bigger

There are as of now 5 costs legitimately connected with beginning an Amazon business. These figures can range contingent upon the amount you are willing to contribute and the amount you are willing to bootstrap a few expenses in the first place to keep startup costs low. They include;

• Purchasing Initial Inventory ($150)
• Opening an Amazon Account ($39.99)
• Purchasing UPC Codes ($10)
• Putting resources into Product Photography (Free – $295)
• Making a Logo and Product Branding ($24)
• Absolute Amazon Business Lean Startup Cost: $224 – $518

To sell on Amazon, the following step by step guide should be followed.

1. Type or go to Services.amazon.com
2. Scroll to go down where you will click the link saying selling on Amazon.
3. Choose to select either “sell as a professional” or “Sell as an individual”
4. Fill in the details with the necessary information. After this step then it is official, you have your own Amazon seller Account.

It should be noted that being a beginner, it is highly advisable that you start by selling as an individual. Amazon charges $0.99 per deal. For an expert vendor account, Amazon charges $39.99 every month.

What is Amazon FBA

Abbreviations for “Fulfillment By Amazon”, FBA is a fulfillment network that operates on the criteria that after you sell a product, Amazon takes the initiative to ship it. The detailed process of Amazon’s renowned fulfillment process is that: You send your items to Amazon’s fulfillment centers to store it. After Amazon receives your inventory, you can monitor it through its tracking system.

How Amazon FBA works

There are easy steps through which FBA will aid in your efforts to go over the fulfillment endeavors with a bid to upscale your business. These steps include;

• Setting up FBA

In the event that you already have a Selling on Amazon account, add FBA to your account.

• Creating product listings

Add your products to the Amazon catalog one at a time, in bulk, or by integrating your inventory-management software with Amazon’s API.

• Preparing your products

Make sure your products are “e-commerce ready,” so they can be safely and securely transported all the way into a customer’s hands.

• Ship your products to Amazon

  Here, you create your shipping plans, engage discounted partner carriers, and ship and track your shipments to Amazon fulfillment centers. Amazon’s online seller tools can help you through the process.

• Customer order your goods and Amazon collects, packs and ships them to the customer

The big shot customers get fast, free shipping on the products that you are selling, and all customers are liable for free shipping on eligible orders. Amazon will then fill those orders quickly and efficiently using advanced, web-to-warehouse, high-speed picking, and sorting system.  The customers receive tracking information from Amazon.

• Amazon provides customers support on products that you sell

Amazon’s state of the art customer-service team oversees the inquiries made by the customers. They also manage processes such as refunding customers and returning products for orders on Amazon marketplaces. This team is available at all times.

Amazon FBA seller’s responsibilities

The Amazon FBA seller is tasked with the responsibility to do the following

• Managing questions that the customers seek to find out. His is done by the 24/7 online support team available at the disposal of the customer. Customers from all over the world can pose their inquiries to the customer support team at any time where they will get responses almost immediately.
• They also oversee the refunding processes between the seller and the customer in the event that the product is not satisfactory to the client on the basis of the arrangement that had been made between the two included parties.
• Returning products can be an issue in the event that a customer wants a replacement or there is any other warranted issue of concern. The Amazon FBA seller also oversees this process with a bid to ensure that both parties are well served in as far as the buying and selling experience is concerned.

Cost to sell on Amazon FBA

The Fulfillment By Amazon charges depends on the size and weight of items you sell, and where you sell them. For instance, little things weighing under 1-lb. cost only $2.41 to fill and ship when sold on Amazon. On the other hand, selling a similar thing on your site requires that you pay only $5.95 for Amazon to deliver it out for you.

As should be obvious, Amazon’s FBA satisfaction charges are amazingly focused and are especially low for any items you sell on Amazon. Truth be told, you would be unable to transport things yourself at such low rates. These low charges make FBA a prevalent satisfaction choice for organizations that sell essentially on Amazon, or on Amazon and somewhere else, similar to an organization site or another commercial center.

Any place you sell your items, on the off chance that you use Fulfillment by Amazon to stock and dispatch and ship your requests, you will pay 2 essential FBA expenses.

These include:

• Satisfaction Fees 

  This is your whole pick-through-shipment expense and incorporates request picking and pressing, shipping cost, pressing boxes, and internal bundling. It even covers returns preparing, however not for things in classes with free client returns.

• Month to month Storage Fees
  

  This is the expense of putting away your items in Amazon’s stockroom. Stock stockpiling charges depend on the space involved by your items in Amazon’s distribution centers, estimated in cubic feet.

To dole out satisfaction and capacity expenses, FBA breaks items into 2 in general size classifications, and estimating incorporates bundling, for example, shoe boxes, rankle packs, or retail bundling.

• Standard-measure items
  Standard-estimate items will be things that weigh under 20 lbs. also, measure less 18″ by 14″ by 8″ or less, completely bundled. Inside the standard-estimate class, there are additionally 4 measure subcategories that influence charges.

• Oversize items
  

  Oversize items incorporate things that weigh more than 20 pounds or are bigger than 18″ by 14″ by 8″ including bundling. Inside the larger than usual class, there are likewise 4 estimate subcategories that influence expenses.

What is a private label and how it works

Private labeling for Amazon FBA implies that you sell (existing) results based on your personal preference. Under your own private image (name) on Amazon. In the wake of contemplating an item/advertise, you contact item providers/makers legitimately, and they make the item for you, in mass, at the expense, under your image name. They at that point deliver the item, prepared to sell, to Amazon. Expecting you have done your part in determining research and key cleaning. Your item sells madly well, and you barely need to lift a finger but to type.

After studying a product/market, you contact product suppliers/manufacturers directly, and they make the product for you, in bulk, at cost, under your brand name.

1. Pick Your Product

Researching and choosing the product you wish to sell can be tedious and time-consuming, but it’s also the most important step you’ll take when selling private-label products on Amazon. A decent spot to start looking for items is on Amazon itself. The stage keeps a rundown of its top-rated items to enable customers to discover prevalent things. But at the same time, it’s an extraordinary asset for dealers hoping to begin a private-mark business. Utilizing this rundown as a beginning stage causes you to discover conventional things that as of now sell well on Amazon and removes a significant part of the hazard from making an item and afterward testing its prominence among shoppers.

2. Research your competitors

When you discover a thing you’re keen on, do some burrowing to perceive how different brands are showcasing that item on Amazon. A decent procedure is to complete a profound plunge into a couple of the top brands that show up in the indexed lists for your picked item. Evaluate each posting’s substance, audits, estimating and blockbusters rank to figure out the degree of rivalry.

3. Find the right supplier

4. Develop your branding

5. Create your listing

6. Protect your product

7. Exploit FBA

8. Start selling

What is Seller Flex in Amazon?

About Amazon Seller Flex

Finding a profitable private label product on Amazon

1. Brainstorm possible products that you will be selling

When you discover a thing you’re keen on, do some burrowing to perceive. How different brands showcasing that item on Amazon. A decent procedure is to complete a profound plunge into a couple of the top brands that show up in the indexed lists for your picked item. Evaluate each posting’s substance, audits, estimating and blockbusters rank to figure out the degree of rivalry.

2. Go for specific product features

It is important to consider certain qualifications as you continue to browse for potential products.

Your product should fit in a shoebox, measuring less than 18 inches and weighing less than 5 pounds. It should also be lightweight and ideally weigh no more than 3 pounds.

3. Do market research to establish the best product

Finding a product with that balance will ensure there are enough potential buyers for you to make sales, but not too much competition fighting for those sales.

4. Manufacture your product

After choosing a specific product, place your order. You want to source your product overseas rather than domestically because, in the Amazon private label business, large margins are crucial.

Sourcing your product from a manufacturer overseas can save you up to 80% and sometimes more.

Which is better to sell on Amazon or Flipkart

India’s homegrown internet business player Flipkart presently the most confided in Indian e-following brands. However rival Amazon offers better client experience, as per an ongoing report. Flipkart taken lead over Amazon as far as brand review and notoriety in level 1 and 2 towns in July to September quarter, an ongoing report by RedSeer Consulting recommends. The two organizations were, be that as it may, tied as India’s most trusted brand.

Pros and Cons of selling on Amazon

Selling on Amazon has different advantages and disadvantages. To thrive, it is necessary to make decisions from an informed point of view;

Pros

• Numerous potential purchasers are searching for items just on Amazon
• A reasonable piece of “Traffic” from the absolute first moment without paying for additional publicizing
• You needn’t bother with your very own Shop Software
• By utilizing the choice “Shipping by means of Amazon” (FBA) you re-appropriate your whole transporting coordination’s an advantage from low dispatching expense
• Settled Amazon accomplice program for subsidiaries

Cons

• Amazon Sales Charge – relying upon the item class somewhere in the range of 7% and 20%
• With the alternative „Shipping by means of Amazon” shipping expenses must be incorporated into the deal cost
• A few suppliers of a similar item can result in a value fight
• Potentially constrained chances to straightforwardly impact the showcase of an item
• Amazon — a potential contender
• Reliance on Amazon

What is Amazon dropshipping?

Amazon Seller Central:

All the registered Amazon sellers access the amazon seller central account to track all the activities like listing the products, orders, payments, return orders, issues, feedback, etc. Amazon Seller Central is like a centralized dashboard for sellers.

Seller Central login Url: https://sellercentral.amazon.in/

Conclusion

Amazon seller has set the pace for business owners in their individual trades. For traders who want to expand and blow the roof in their sales, Amazon is the solution for you. By following the guidelines as stipulated in venturing into Amazon, you give your business the opportunity to compete favorably and thrive despite the agile market.

Amazon Seller Registration official Website: https://services.amazon.in/

Amazon Seller Central Login: https://sellercentral.amazon.in/