Amazon is also a cross-border e-commerce platform that everyone prefers. Countless merchants choose Amazon to open stores every year. How to open a store on Amazon? Newbies who are new to Amazon for the first time need to have a clear understanding of the relevant processes and fees. How much does it cost to open an Amazon store now? The editor has compiled a list of Amazon store opening procedures and fees, please take a look.
How to open a store on Amazon, process and fees
Shop opening process:
In fact, there are two registration methods for choosing to open a global store: investment manager channel and self-registration channel. No matter which way you choose to register an account, it's free. After you determine the mall where you want to open a store and understand the relevant taxes and regulations of the chosen mall, you can complete the registration in just a few simple steps.
1. Single sign-on
If you have cross-regional accounts, you can use single sign-on (SSO) to access all your malls with one login in one browser account.
2. Create an Amazon global store account
Detailed explanation of fees:
1. Amazon sales plan fees
When you register a seller When you open an account, Amazon provides you with two different sales plans. You can choose one of them for subsequent sales:
Individual Seller Plan (IndividualPlan): US$0.99/each item sold (Applicable to situations where you sell 40 or less products in a month)
Professional Plan: $39.99/month, unlimited number of products
2. Amazon platform recommendation fee ( ReferralFee)
The Amazon platform referral fee can be thought of as the cost of listing and selling your products in the Amazon store. The referral fee is calculated as a percentage of the sales price or a minimum amount and applies to all the items you sell on Amazon.
The platform recommendation rates vary according to different product categories. However, the recommended fee for most categories is around $15, and the minimum amount is $1. Of course, there are some exceptions, such as jewelry and watches, where the minimum amount is $2.
3. Variable Closing Fee (VariableClosingFee)
Variable closing fees, also known as variable costs, refer to cost items that change with changes in output in the total cost.
4. FBA fees
If you want to do well on Amazon, it is necessary to choose FBA shipping.
FBA fee = first-leg fee, FBA logistics distribution fee, warehousing fee, return processing fee, removal order fee, unplanned service fee
1) Order delivery fee: including order processing fee, Pickup and packaging fees, first weight and additional weight fees are charged per piece.
2) Storage fees: including monthly storage fees and long-term storage fees. Generally, monthly storage fees are charged between the 7th and 15th of each month. Long-term inventory storage fees are charges in addition to monthly storage fees. They are mainly for goods stored in the warehouse for half a year or more. Before adjustment, they are collected on the two major inventory counting days of February 15 and August 15 each year.
3) Return processing fee: only for products in certain categories that Amazon provides free return shipping (such as clothing, watches, jewelry, bags, shoes, handbags, and sunglasses).
Cost = total delivery cost (that is, the delivery cost equivalent to the buyer's return is borne by you).
4) Removal order fee: The fee charged when you need to ask Amazon to return or discard the products you store in Amazon's warehouse. Typically, removal orders are processed within 14 working days. The fees for removing orders are as follows:
5) Unplanned service fees: If there is an emergency and Amazon needs to handle it on your behalf, corresponding additional service fees will be charged. For example: the goods you send to the Amazon warehouse have not been properly pre-processed or labeled, etc., and will be collected on a per-piece basis.
5. Trademark registration and brand filing fees
If you want to do well on Amazon, it is necessary to register your own trademark to protect your brand.
Since trademarks are protected regionally, US trademarks are only protected in the United States, and EU trademarks are only protected in the EU. You do not need to apply at every site. You can also find a trademark for this specific operation. The agency company helps with registration.
The above is an introduction to the process and fees of how to open a store on Amazon. There are still many knowledge points that you need to learn about opening a store on Amazon. If you are interested in opening a store, you can learn more.