How To Become an Amazon Seller in 2023


17 November, 2023

how-to-become-an-amazon-seller

Last updated on 17 November, 2023

Written by Content Team

How To Become an Amazon Seller in 2023

Explore this brief guide to acquire fundamental knowledge on how to become an amazon seller in the marketplace.

Overview of Amazon Seller

Whenever you consider online shopping, Amazon is undoubtedly a top choice. It offers everything a shopper could desire in an online platform, including high-quality products, reasonable prices, and much more. And on the front of the seller, it is equally impressive. Probably it may well be the only online store that more customers trust, which matters a lot to glue the customers with your business.

If this piques your interest in becoming a seller on Amazon, the next thought might come in your mind be, 'How to become an amazon seller?'. Selling online can be daunting and even more so if it's Amazon. So, what one can do is simply follow this mini-guide which guides you on how to become an amazon seller in the marketplace.

Types of Amazon Seller Accounts

When you establish a new seller account, you will be asked to choose between creating an individual seller account and making a professional seller profile.

Individual seller account

The key benefit of this account type is that it is free to create. You must pay a $0.99 commission on each Amazon sale, and you cannot access in-depth inventory information, Amazon's advertising services, or grab many other benefits that professional seller account holders can.

Professional seller account

This account costs $39.99 per month and includes accessibility to interesting advertising capabilities, in-depth inventory data, and the ability to conduct promotions, among other perks. For each transaction using this account type, there are some additional referral costs and variable closure fees.

Note: Amazon takes a referral fee on each sale, regardless of the account type you've registered with. It is calculated as a percentage of the overall transaction and varies by product type.

How to Create an Amazon India Seller Account

Here are a few steps you must take while registering on the Amazon Seller Central platform:

1. Visit sellercentral.amazon.in and hit "Start Selling."

2. On the login screen, select "Create your Amazon account" to begin the account setup process.

After entering your name, phone number, email, and password, click "Continue."

3. You will receive an OTP verification number after linking your mobile phone to your Amazon India seller account. Amazon will authenticate your ownership of the selected store when you input this code into the designated space. If you are successful, you will be requested to supply further information and documentation before your application can be processed.

To register, you require:

1. To have a current bank account.

2. And keep your company's GST/PAN number on hand.

Choose These Products to Become a Successful Amazon Seller

However, selecting the proper product is the first step in starting a successful Amazon business. You must carve out your specialty and sell high-demand products regardless you have a basic or premium account. In 2023, the following items are popular on Amazon.in :

1. Books

2. Shoes

3. Furniture

4. Clothes

5. Toys

6. Kitchenware

7. Watches

8. Grocery

9. Headphones

10. Headphones

11. Medical Equipment

Common mistakes Sellers Must Avoid

1) Setting prices either too low or too high: Setting a baseline for product price is an important step. On product price, a lot of novice sellers frequently make errors. That is why seasoned sales people strongly advise identifying comparable items and pricing them accordingly. Pricing your goods too low may lead to a sense of lesser quality, which may have an impact on revenue. High prices, on the other hand, may deter price-conscious customers.

2) Underestimating the importance of advertising: What is visible sells, and in this social era, we must not underestimate the power of advertisement. New Amazon sellers should invest carefully in appropriate and successful advertising or other types of promotion. Experiment with your advertising funds to find the ideal balance.

3) Failing to invest in marketplace perception: Sellers must devote time early on to grasp how marketplace tools and procedures function. This will provide vendors with the confidence and capacity to rapidly adjust and make changes.

Final Thoughts

We realize your excitement as you prepare to start selling on Amazon India after reading this short guide. Amazon India is without a doubt an impressive platform. Amazon India is an undeniably excellent platform with a great reputation for putting its clientele first. Selling on their platform allows you to capitalize on their good name and build your business far quicker. You'll have the recipe for a constant five or six-figure income with some hard effort, the correct product research tools, an initial investment, and a little luck.

As you start exploring how to become an amazon seller in the marketplace, bear in mind that the landscape is ever-evolving. Continue to study and absorb new information. This will allow you to adjust and establish an extremely successful presence on the platform.

Q. Is it mandatory to have a registered business in order to sell on Amazon India?

A. You must have an authorized company to sell on Amazon India. A single proprietorship, a partnership, or limited liability corporation can be formed.

Q. Is it possible to sell on Amazon India without paying GST?

A. Yes, without a GST identification number, you may list GST-exempt items on Amazon India. Maps, handicraft items, educational materials, and plastic bracelets are a few examples.

Q. What is the most popular product on Amazon India?

A. Books, clothes, home products, cosmetic products, watches, and other items are among the best-selling items on Amazon India in 2023.

Q. What exactly is drop shipping?

A. Drop shipping is a business concept in which no inventory is kept. You merely serve as a go-between for your consumers and the supplier who supplies the product. This is how you sell on Amazon without having any product on hand.

Q. Who pays the GST, the buyer or the seller?

A. GST is paid by purchasers or consumers at the time they purchase a product or use a service.

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