Becoming a successful Amazon seller has increasingly become a dream for many. Whether you are thinking of starting a lucrative part time job or you want to become your own boss, selling in the Amazon marketplace provides a financially rewarding opportunity. Even with a small amount of money, you can maximize your success in the Amazon marketplace and attain financial freedom if you follow these steps.
How to Become a Successful Amazon Seller in 5 Simple Steps
Create an Amazon Seller Account
The very first thing you have to do is to setup an Amazon seller account. To open an account, you need to have a valid email address. You will then be asked to provide other essential information to proceed. These include business name and address, telephone number, credit card or bank details, tax information and product details.
If you are beginning as a sole proprietor, you don’t need a business entity – just enter your full name. It is important that you have all these information on-hand to make the process quick and easy.
Choose a Selling Plan
When setting up your account, Amazon offers two account types – to sell as an individual or as a professional. If you are just getting started, it would be wise to pick the former. The individual plan is perfect for anyone who wants to sell fewer than 40 items, who does not have a product yet or just want to try the platform. This plan does not also require a monthly fee but may ask you a flat rate of $0.99 p