Amazon is one of the most popular online marketplaces for selling and purchasing goods. Currently, it is the most popular internet store in the United States of America. Amazon has made a $2 billion investment in developing its Indian subsidiary, Amazon India. Founded in the year 2013, Amazon India now offers millions of products. Setting up an Amazon seller account is a major problem for many individuals, but following these instructions, you’ll be able to accomplish it in no time.
On Amazon India, becoming a seller.
To begin becoming an Amazon seller, go to the Amazon Seller Sign up page and click on the ‘Register Now’ option. As part of the seller registration, you’ll be asked for contact information like your company name, address, and phone number.
Name of the Organization
Registration as a Limited Liability Partnership (LLP), One Person Company (OPC), or Private Limited Company is strongly suggested for registration as an Amazon selling partner since these businesses give limited liability protection and are simple to create.
Because of the potential for lawsuits or responsibility from suppliers or consumers when selling items via online e-commerce platforms like Amazon, it is critical for company promoters to have liability limits in place. The name of the business entity (Limited Liability Partnership or Private Limited Company) or the proprietor’s name must be included if you’re selling your items via a registered business entity. With the help of Amazon’s new business tool, anyone can set up an Amazon seller account.
Address and telephone number
It is essential that you provide the company’s registered office or location of operation in the appropriate column. You must enter a phone number that might be a mobile phone number for registration since Voice Call or SMS verification is required.
The details of your GST registration.
The GST registration is not necessary for sellers of certain items not subject to the tax. To begin selling their items on Amazon India, anybody selling goods or services that are subject to Goods and Service Tax must provide their GSTN number.
In 2022, why would you want to sell on Amazon?
As the biggest online marketplace, Amazon has over 2.5 million active merchants from across the globe. More than half of the platform’s 300 million registered users are Prime members.
To give you a better idea of why AMZ is such a popular eCommerce platform, here are some fascinating facts:
- In 2017, more than 300,000 third-party vendors began selling on the Internet.
- A total of 140,000 third-party dealers generated more than $100,000 in yearly sales.
- In the marketplace, there are over 2.5 million active vendors (as of 2019).
- More than 300 million people utilize it every day.
- There are over 25,000 vendors who sell for more than $1 million each year. Sales of more than $100,000 come from over 200,000 merchants.
It’s safe to say that selling on AMZ is a certain method to gain money. This is a great opportunity for you to make money on your own, as well as for thousands of people. There are a number of steps involved in getting started.
It’s easy to get started with an AMZ online shop. To begin, you’ll need to create an Amazon seller profile. Without this, it’s almost hard to get your company up and to run.