Scribd
Upload
21 views3 pages

Amazon File

Amazon.com, Inc. is a leading American technology company specializing in e-commerce, cloud computing, and artificial intelligence. It offers two types of selling plans for users: Individual Selling Plan, which has no subscription fee but limits brand sales, and Professional Selling Plan, which allows brand sales for a monthly fee. Users can create accounts as individuals or businesses, with specific requirements for verification and payment methods depending on their account type.

Uploaded by

levibem141
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
21 views3 pages

Amazon File

Amazon.com, Inc. is a leading American technology company specializing in e-commerce, cloud computing, and artificial intelligence. It offers two types of selling plans for users: Individual Selling Plan, which has no subscription fee but limits brand sales, and Professional Selling Plan, which allows brand sales for a monthly fee. Users can create accounts as individuals or businesses, with specific requirements for verification and payment methods depending on their account type.

Uploaded by

levibem141
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

AMAZON

Introduction:
Amazon.com, Inc. is an American multinational technology company which focuses on E-
commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred
to as "one of the most influential economic and cultural forces in the world", and is one of
the world's most valuable brands.

Definition:
‘’Amazon is an E-commerce platform where you open your shop (that is your account) and
selling your products’’

It is same as you see shopping malls in a country, like Packages Mall, Emporium Mall etc. You would have
seen many different shops and brands in the mall. Similarly, Amazon is a mall, where many brands selling
their products and when we sell our products with own name, we also be considered as brand. So, in
simple words, to work on amazon you will have to open shop (that is your account) on amazon. After that
account opening, you will display your products on amazon. In amazon terms, product displaying called
product listing. Just like any shop has racks, there is a list on amazon. Whichever product you want to buy,
you click on it and add to cart on it, make payment and leave and that product is delivered to you at your
home.

Now, how can create account on amazon? If we see, the account creation on amazon is relatively easy. But
there are some policies and restrictions by amazon that frustrates you at time as despite of fulfilling
everything, your account does not get activated.

First thing you need to know whenever you are going to create account on amazon, which type of account
should it be?

Types of selling plan:


You should know that there are two types of selling plan on amazon.
1. Individual Selling Plan
2. Professional Selling Plan

Individual Selling Plan: If you sign up your account on individual selling plan, the first benefit you will get is that
there is no subscription which generally amazon charges on monthly basis. On the other hand, there is disadvantage
of it which is, you cannot sell your brand on individual selling plan and amazon will also charge commission of $0.9 on
each sale which other than FBA fee.

Professional Selling Plan: When you sign up Professional Selling Plan, you can sell product with your brand name. In
this plan amazon will charge a fix monthly subscription fee which is $39.99 which will be exchange to your local
currency as per your selected country. In this plan you can lunch your brand in two different ways.

Modes of professional selling plan/ Types of Account :


There are two modes of professional selling plan/ Types of account.

1. Individual Account
2. Business Account

Individual Account : If you are going to sign up with individual account, you will have to share all of your personal
information with amazon. (Valid computerized CNIC, Your Bank Statement, Your Email ID, Your Mobile Number, and
you should also have Meezan Bank, Faysal Bank or any other banks debit or credit card). There are few banks of
which credit cards are acceptable and there are other of which debit cards are accepted at amazon. To sign up for
individual account, Amazon will require two more things from you. While signing up the account, you must provide
this two information to amazon.

Methods of Payment:
There are two types of methods,

i. Charged Method
ii. Deposit Method

Charged Method: Charged method means, you have to share those cards/ bank details with amazon, from they can
charge money. That is, your monthly subscription fee. Any money you owed to amazon will be deducted via charge
method. Meezan and Faysal bank credit cards do work for this purpose and amazon will charge you through that
when you sign up your account.

Deposit Method: If amazon has to pay against the product that you have sold on amazon, on which account it
should pay it. So, here you will have to share your bank account detail. But, if you are signing up from Pakistan, then
currently amazon is not allowed direct deposit into your bank. For this purpose, you will have to induct another bank
in the middle, which is also called virtual bank. For example, Payoneer, Hyper wallet etc. You will need such sources,
where money is first deposit in those accounts and then into your bank account.

Business Account: In business account, you will have to share your business details. If you are operating from
Pakistan, you should have Pvt Ltd. Company. You will have to share business credentials, share Charged Method and
Deposit Method, Email ID, Contact Number, Bank Statement and share all the information of company directors. After
providing all the information, Amazon will congratulate you on your successful account creation. Once you will enter
your seller center you will see that account is went into verification. Once your account is in verification stage,
Amazon will require some documents for verification and identity proof.

Verification Stage:
If you are individual, it will ask for Utility Bill and ID Card/ Passport. So, you will share scanned copies of these
documents. Once you will submit correct documents, your account will be successfully verified.

If you are business, you will share your business details and company registration documents as a proof with amazon
and any other documents that amazon ask for.

Now, here comes a new situation. You have signed up for individual plan under professional plan and now your
business has grown and you want to shift your brand to a company. For this, you can at any time, switch from
individual to business plan. You will have to undergo a text interview. You will find a text interview button and press
it then you will be asked about your company details. Once you have shared all the details and saved it your account
will be switched from individual to business.

I would recommend all that you should start from individual account and not from business account. Once your brand
is established, you can always switch to business plan. The benefit of switching to business plan is that you can have
your brand registry and trade mark easily. But, amazon has now started giving trademark to individual. So, if you have
trademark with you, you can have brand registry by using trademark.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy