What Are Amazon Seller Accounts?
Amazon seller accounts are different from normal Amazon accounts, such as the one you usually use for private purchases. When you set up an account with a company instead of an individual, you obtain many advantages. But these differences depend on what kind of online business account you select. And Amazon is the kind of online business that has many choices when it comes to deciding which account type to select. So which is best?
The most important thing to consider is whether or not you have a real, legitimate business reason to work with Amazon and how much money you are willing to spend in order to gain access to Amazon’s tools and benefits. If you’re just setting up an account to sell products on Amazon, then the answer is probably “no.” Amazon doesn’t make it easy for regular people to set up and run a retail business using its marketplace. But if you have a real need for an online storefront or if you want to do affiliate marketing and earn commissions off of products you sell, then you may want to consider working with Amazon. Here are some more things to think about before making the final decision.
Are you trying to establish multiple seller accounts?
A single account from Amazon may seem like a good idea, but you should really only have one. Amazon charges a per-shipping fee for each account you open, and it costs them money to pay affiliates. So they’ll usually give you a better deal if you set up more than one Amazon seller account. You can use your regular bank account or open a savings account.
Do you have a lot of products you want to list on Amazon?
If so, then you’ll definitely want to open multiple Amazon seller accounts. The higher number of products you have, the higher your costs will be. Each time you sell an item, you’ll have to pay an additional wholesale price. You also lose out by not being able to match the price with the other retailers that you buy from once you buy box contents from Amazon.
Amazon offers two different types of seller accounts. There’re the Individual Seller Account and the Family Seller Account. With the individual seller account, you can set up four personal buyers. And with the family account, you can set up to forty products per month.
Do you currently own or plan to eventually own a brick-and-mortar store where you can work with associates and fellow entrepreneurs to generate sales? If so, then you may want to think about opening multiple individual seller accounts with Amazon. Amazon offers two types of business accounts; a Prime Membership Account and a Business Account with Amazon Smile. With the prime membership account, you can basically get free reign to operate your store as you wish, but you’re restricted to only twenty-eight products.
The second option for your business accounts with Amazon is the business account with Amazon Smile. With this option, you’re given access to seventy-six product catalogs. Amazon Smile is basically an integrated shopping cart program for your eCommerce business. Amazon offers lower prices and more options than its competitors. The disadvantage is that it doesn’t work with many business accounts.
In conclusion, Amazon offers two distinct types of seller accounts. If you don’t have many products already and want to start selling them, you should consider an individual seller account. On the other hand, if you currently have a brick-and-mortar store and want to extend your reach to the online market, then you should consider the family member accounts with Amazon Smile. Amazon offers low prices and lots of options in these two business accounts.