When you initially start an Amazon FBA business, you’ll be faced with a few decisions to make. One of the first decisions you’ll have to make is selling as an individual or as a professional on Amazon. You should know the distinctions between the various Amazon seller account types and their benefits and drawbacks. You can set up your Amazon Seller account in two ways: as an Individual Seller or as a Professional Seller. Check the details here https://www.zonbase.com/blog/deciding-between-a-professional-or-individual-seller-account-on-amazon/
Professional sellers have some advantages over individual sellers on Amazon, so there is a monthly fee associated with the account. Keep in mind, regardless of the account type you select; you will be launching a business. People go over many things you should think about when starting a business in the Amazon Boot Camp. Without getting too off course, opening a separate bank account, keeping all of your receipts, and tracking mileage are all things to consider when beginning a business. Individual and professional selling strategies are distinct.
Know about individual seller account
A person who wishes to sell a few products on Amazon is an Amazon individual seller. It could, however, be a seller who is trying out the site and does not require the extra capabilities that come with a professional seller account. If you want to create an individual seller account, you should keep a few things in mind.
The first point to consider is that, while you are not required to pay a monthly subscription fee, you must pay an extra $0.99 for every item sold. It’s on top of the referral fees and variable closure fees that both accounts come with. Aside from the selling fees, there are several other essential aspects to consider before setting up an individual seller account. The following are some of them:
- You are not permitted to use third-party services. You are unable to apply to sell in Amazon’s prohibited categories.
- You won’t be able to purchase anything from the Buy Box, where most of the deals take place.
Professional Seller Account
All new sellers should sign up for the Professional Seller account. Having a professional account will encourage you to take your business more seriously, incredibly when fulfilling the 40-item-per-month goal. If you plan on selling more than 40 goods per month, you might consider becoming an Amazon Pro seller.
- Access to Tools for Feedback and Review
If you have a Professional Seller Central account, you have access to third-party services and other valuable resources. This is very useful for increasing sales and creating interesting product listings.
Your incremental charges will reduce as you sell more items on your Amazon professional account. Even if you sell 300 goods, the cost remains the same. It just takes 40 things per month to “break-even” on your professional seller charge, and anything you sell beyond that will be considered a bonus. This looks to be a one-of-a-kind perk in the sector, where fees tend to rise as you sell more stuff.
- Third-Party Service Access
You must list numerous items one at a time using an individual account. This makes labor tedious and time-consuming. On the other hand, a professional account grants you access to third-party services such as repricers, email autoresponders for increasing product evaluations, and PPC tools, among other things.