— How to set up your

Amazon seller accounts

4 months agostep by step.

What’s happening, guys?

I’m Dan Rodgers.

I’m an Amazon seller and a

part of the Just One Dime team.

Now this is a very important video.

This is the very first step

to your selling on Amazon venture.

Now, regardless of where

you live in the world

or where you want to sell, this video

is going to clear everything up

in terms of you setting

up your Amazon account.

I myself have gone through a

huge amount of verification

for both Europe and North

America, and what we wanna do

is give you guys all

this information upfront

so you minimize mistakes and get selling.

Now this video is step one

to your selling venture

but if you want to expand

further, so once you set up,

what are the next steps,

check out other videos

on this channel.

And you can also check out

the Just One Dime membership

in the description.

There, we go into much more

detail of the subsequent steps

of building your business,

regardless of where you live.

We actually have members from

over 100 different countries,

all building their own Amazon businesses.

So that said, let’s jump into this.

Now I am gonna reference a

lot of material in this one.

So I’m gonna drop all the

links in the description

for you, so it’s nice and easy.

You can check them out there.

So step number one is to

choose your marketplace.

Now, I wanted to remind you about this.

If you’re new to FBA, when

you use Fulfillment by Amazon,

FBA, to fulfill orders,

your personal location does not matter.

So don’t let that hold you

back or determine which market

you actually sell in

because in all likelihood,

your inventory is gonna

go from your manufacturer

to Amazon’s fulfillment center.

You’re not even gonna

see it most of the time.

So currently, there are

actually 16 Amazon marketplaces.

We have the USA, we have

UK, we have Germany, France,

Canada, Japan, India, Italy,

Spain, Mexico, Brazil, China,

Australia, the UAE,

Singapore, and Netherlands,

and on top of that, there’s

another three, referenced here,

as you can see, which

okay are KR, TH, and TW,

being Korea, Thailand, and Taiwan.

Now, those are listed, but they don’t seem

to have a fully functional site yet.

Now, when signing up,

there are unified accounts,

and this means that when you

sign up, you actually sign up

for a group of these

marketplaces we just mentioned,

not just one of them, and

then you can access each one

of those individual

marketplaces from one dashboard.

So for example, the North

American unified account

holds the USA, Canada, and Mexico,

while the European unified

account holds the UK, Germany,

France, Italy, and Spain,

and I expect Netherlands

to actually be added to

that very soon as well.

So again, those are one

Seller Central dashboard

and you can access all of

those Individual markets

from the one dashboard.

So overall, the choice is yours on this,

but I personally make more

from North America than Europe,

and you can see, even if we use Prime Day

as an example here, the US is

just leaps and bounds ahead

of the other markets in

terms of pure sales volume.

If a product sells 10

times a day in the UK,

it might sell 30 times a

day in the US, and yes,

US does have more competition,

but that still remains my recommendation.

If I was signing up and starting today,

I would start with a North

American unified account.

And step number two is to

choose your entity type.

This means how are you applying to Amazon?

What type of entity are you?

Now the choice to sell as an individual

or a company actually lies with those

who live in Amazon-accepted countries,

and let me explain what I mean.

Each Amazon region has a list

of accepted seller registration countries

and any person or business

within that accepted country

can actually sign up for an

account and sell on Amazon.

Each region also has a different list

of supported currencies,

and this determines

whether Amazon can disperse

your payments from the sales

you make to your business’

bank account in the currency

that you want to receive those funds in.

So in short, depending on where you live

is going to limit your options here.

It’s either gonna give

you the ability to sign up

as an individual or a

company, or it may limit you

to only being able to

sign up as a company.

I’m not gonna delve too deep

into all of these nooks and crannies

’cause, as you can probably tell,

the situations are

diverse, but in a nutshell,

here’s what you want to do.

Check if your country is accepted.

Any person or business registered

in one of the following

countries can sign up

for an account.

Here’s the list for North America.

And here is the list for Europe.

Now, if your country is mentioned there,

then what it means for that marketplace

is that you have the

ability to choose to sign up

as an Individual or as a

company, but if it is not there,

then what you’re gonna need

to do is set up a company

in an accepted country.

It’s totally doable.

This is actually how I

eventually got my start

when I was still setting

up from South Africa.

I had tons of problems.

I ended up setting up

all different companies,

but it does work.

So it is doable, that is an option.

Now pro tip here, while you’re at it,

you may as well check both the European

and North American accepted

list, as we just went through,

and set up in a country accepted by both.

That way, if in the future,

you want to expand and sell

on a different marketplace, you

want to sell on all of them,

your company’s country is

accepted by all of them already.

So secondly here, whether your

country is accepted or not,

putting that aside, something

else you need to check

is whether or not the bank account

or the proposed bank

account you’re gonna use,

whether or not that

bank account’s currency

is gonna be supported by Amazon.

In other words, can Amazon

pay you your earnings

in your home currency?

So here is the list for North America.

And here is the list for Europe.

Now if your country and

currency is there, then great.

In most of those cases,

Amazon’s actually gonna be able

to directly pay you your earnings out.

If not, then you need to

bolt on an extra service,

an online payment service,

something like WorldFirst

or Payoneer, and that type

of service is gonna allow you

to receive practically any

currency like USD, GBP,

euros, et cetera, and then

convert it within this tool

and then disperse it from

there to your home country

or to your actual bank

account in that currency.

Now the second pro tip here

is sometimes it’s actually

worth doing that anyway.

You can get a better

currency conversion rate

using something like

WorldFirst, where you determine

when that currency is

converted, and at what rate.

This is something I do, so

if you’re already selling,

then that’s something you can do

just to boost that income

further or just kind of ensure

that you’re not losing a lot

on that foreign exchange.

Now in terms of Payoneer or WorldFirst

or any of these payment

solutions, remember,

they offer individual

and business accounts,

and you need to choose the correct one

in accordance with how you’re gonna sell.

If you’re running a company,

you need to choose their business account.

If you’re doing this as an individual,

you need to choose their

individual personal account.

And here’s one more option

on the currency saga.

This is actually a new

option, but if your currency

is listed on this page over

here, which is actually the same

between North America

and Europe, by the way,

then you have the option to use something

called Hyperwallet,

and this is a currency

conversion service that Amazon

is currently integrating

to make this easier

for international sellers.

Now, you can see the

instructions below here,

but in your Seller Central

account, what you want to do

is go into the settings,

and then you’re gonna choose your country

in the bank location drop

down, and it’s gonna allow you

to sign up for Hyperwallet,

and you just continue

the process from there.

So I know we haven’t

actually got into the signup,

but it’s really important to

understand the groundwork here,

but at this point, you should

be clear on where you wish

to sell, your entity types,

so individual or company,

as well as your currency support,

and what you might need to do there.

Now it’s best practice

to get all of this set up

before moving on to step

three, and everything’s ready

to input and just be streamlined.

So step number three, sign up link.

So where do I actually sign up?

There’s two really easy places

where you can start sign up from.

The fastest way is to just

type in services.amazon.com

or services.amazon.co.uk,

depending on where you want

to actually sign up for.

You can find those links in

the description below as well,

but once you’re on the

page, as you can see here,

you can then just hit Start selling

from any one of these links.

The other way to sign up is

you can simply actually go

to the bottom of amazon.com,

the homepage of amazon.com

or.co.uk, and you’ll find a section

that says Make Money

with Us, and under that,

you can find Sell on Amazon.

That link is going to take

you to that same location.

Now at this point, you do need to know

that there are two types of accounts.

You can sell as an individual

or as a professional,

and so you can have an

Individual Seller account

or you can have a

Professional Seller account.

Now with the Individual Seller account,

you don’t have to pay

a monthly fee of 39.99,

but you pay a closing fee of

99 cents per unit you sell.

On the other hand, with the

Professional Seller account,

you do not pay that 99

cents per unit you sell,

but you pay the 39.99 per month.

So in effect, the more you sell,

the cheaper the

Professional Seller account

actually becomes.

The Professional account

is what I recommend.

I actually really would

recommend you stay clear

of the Individual Seller

account for so many reasons.

The first of which is that

as soon as you’re selling 40

or more units a month, the

Individual Seller account

becomes more expensive.

The second reason

is that your Seller

Central account features

are very limited with

an Individual account,

as opposed to the Pro account.

And thirdly, there are

certain disadvantages,

like with the Buy Box

to Individual accounts,

so overall, just go with the

Professional selling account.

Now, once you click on Start selling here,

this actually begins the setup

of a Professional account,

and you’re gonna want to

click on Create New Account

at the bottom here.

Then you want to enter

a name and email address

and a password here.

I recommend using a dedicated

email address for this,

just for this Amazon account.

Now you’re going to need to receive an OTP

to that email that you’ve just put in.

So that’s gonna come through.

Try to use that relatively quickly.

If it does time out, you can

of course just resend that,

but once that’s cleared,

you can click on Next.

Step number four is you’re

gonna input all your details.

Now here, you’re gonna want

to choose your business’ location.

So whether you have an

incorporated business,

something like a US LLC,

or a UK limited company,

any other type of company,

or if you’re trading

as a sole proprietor, also

called the sole trader,

or just you as an individual,

you still wanna select here

where is that business based?

Where does that business operate from?

Next here, you’re gonna want

to choose your business’ type,

and here, most of you

are going to choose

privately owned business

if you have an LLC or a

limited company or the like.

Any of you starting as

individuals, you’re gonna sell

as yourself, you’re going to choose none.

I am an individual.

If you’re signing up

as an individual here,

you want to input your

name exactly as it is

on your passport or ID

document because, remember,

you may have to upload that document later

and you want them to match exactly.

Those of you starting with companies here,

LLCs, limiteds, et

cetera, you’re gonna want

to input the registered company name here.

That is the name on top of

the legal documents you have,

for example, the Certificate

of Incorporation.

Now an easy way to spot

it is it’s going to end

with a company suffix like LLC or Limited,

so it could be, for example,

Click the Like Button LLC.

Once that’s done, you

can agree and continue.

So from here, I actually continued

the process as a company,

because between individual and

company, the company process

is going to be more complex,

but the process for individuals

should be simpler and it

should be very similar.

Now on the following page,

you need to input the

company registration number.

Again, this is something you’re gonna find

on that legal document.

Make sure you double check it.

This needs to be accurate.

At this point, you’re gonna enter

your business’ registered address.

Now individuals can just put

in their personal address.

Those who run companies

are going to input

their company’s address.

Now remember, your company address

might still be your personal

address, that’s fine,

but it is the registered address,

meaning it is the address,

again, on your legal documents.

I want to give you the third pro tip here.

Take a very good look

at your bank statement

that you would use for verification.

Now, obviously, that needs

to be a bank statement

in the name of the entity

that you’re applying as,

so you or your company,

but take a very good look

at the address on that

statement, and you actually want

to input the address

here, exactly as it is

on that bank statement,

down to the letter.

It needs to line up absolutely perfectly.

At this point, you want to

input a telephone number.

So this can just be your phone number,

because you’re a primary contact

person for this business.

You’ll see that there is a drop down

for different countries.

Now if at this point,

you don’t actually have a

specific telephone number

for a certain country

and that’s what you need,

what you can also do is

use Skype phone numbers,

or other online phone number services.

Next here, we’re gonna choose

a method of verification.

SMS works really well for

cellphones, and the call feature

is actually really good for instances

where you can’t receive text.

For example, some Skype phone numbers

can’t actually receive SMSes.

So they will actually call you.

Then you’re gonna click on Send SMS.

It’s gonna bring up a box

where you can input that OTP,

input it, and then it should say

Verification Successfully Completed.

Now at this point, you want

to input your primary

contact person’s name.

That does not have to be

you, but you want to put it

in exactly as on that

person’s ID document.

We are gonna upload

the primary contact person’s ID doc later,

so it needs to match exactly.

Pro tip number four, I have

had situations with sellers

where they run into a real brick wall here

because they do not possess an ID document

that is in an accepted country.

Now if you do run into this

problem, you need to consider

if you know someone who

has that ID document

in an accepted country that you need.

They could become your

primary contact person

and it’s going to help

you get through this part

of the verification process.

Now we can click on Next.

Now you need to choose

the country of citizenship

for that primary contact

person from the drop down.

Now remember, those drop

downs are not universal.

So I’m gonna scroll through

them slowly for you now

so you know exactly what is in

these lists as of March 2020.

You need to have a primary contact person

with citizenship or government-issued ID

in one of these countries.

Now input the country of birth

as well as the date of birth,

choose the proof of ID document.

This is often gonna be passport,

and then input the document’s number

and the date of expiry.

Then you’re gonna choose

the country of issue

from this list here and at the bottom,

choose whether this contact

person is the beneficial owner

or a legal representative

of this business.

Then you need to state

whether or not you’ve added

all the beneficial owners.

And finally, you’re gonna click Save.

Now on this screen, you can

select which marketplaces

you wish to sell in.

You probably already know at this point

where you wish to sell.

So select that.

I would avoid unnecessarily

adding more here.

You can always do that later.

Now at this time,

it appears Amazon’s

actually running a promo

where you can register for

North America, Europe, and Japan

all at once for 39.99, which

is a great deal, but remember,

that could change, so once selected,

you want to click on Next.

Now this page is where you want

to input your billing info.

You can input your card

details and billing address.

Now Amazon accepts Amex,

Visa, and Mastercards

but do not accept online

payments like PayPal.

So you need to use one

of the major cards here.

It can be a debit card or a credit card.

Since this account and

paying for this account

is a business expense, the

business should be paying for it.

Now that might be your personal

card if you’re running this

as an individual, but it

should be your company’s debit

or credit card if you’re

running this as a company.

Now, it doesn’t make a huge

difference at this point.

You can do either, and

always change it later,

but it is good to start thinking that way,

that your company should

be paying for its expenses.

You should not be paying

for your company’s expenses.

So a quick note here.

This card will be charged

for the first month

or until you make sales,

but in the future,

what’s quite nice is once you

have a balance from sales,

this amount’s actually

gonna come off the balance

that you have in your

Seller Central account,

so it will no longer charge this card,

it’s just gonna come off of your balance.

So once that’s done, we can click on Next.

Here, we’re gonna want to

input our store information.

Now the first thing we want to do here

is choose our store name,

and a lot of people get really confused

about the store name, but

really, it’s just a name shown

on your listings and you may

well have seen it like this,

sold by store name and fulfilled by Amazon

or sold by Smash the Like

Button and fulfilled by Amazon.

It’s also near the top of your listings,

but it can be changed at any time,

and there’s no real reason

to stress about this,

but I did want to give you

pro tip number five here.

If you already have a brand name in mind,

then making the store name

the same as your brand name

is a great way to go.

Think of it like this.

If you see Nike products sold

by or under the Nike store,

that only adds credibility.

It’s a good cohesive whole,

it’s a good way to brand.

So if you do have a brand name,

that’s the way I would do this.

Additionally, store names

can only be taken once,

so it’s really subject to availability.

So if you have a specific brand name

that you’re in love

with and that’s gonna be

on pretty much most of

your first products,

then why not grab that

while it’s available

and sell your products beneath that?

That brand name is on your

products and on your store.

Now I’m gonna throw in

pro tip number six here

because if your brand name

is taken in lowercase,

try it in uppercase,

because the availability

is case-sensitive.

In other words, if it’s

taken in all uppercase,

you can probably still

get it in all lowercase.

Now if you don’t have your brand name yet,

what you can do is check out

my video in the description

on exactly how to create

your Amazon brand name.

This is a really easy

but fun process as well.

So I think you’ll enjoy it,

and then you will have

something really solid

to not only put on your products

and potentially trademark one day,

but also to fill in

here as your store name.

But do not let the store name hold you up.

You can always adapt this later.

Put something in here for now.

Remember, you can always change this

even if you end up selling

紫鸟浏览器 multiple seller accounts private label brands

under this one store.

Then you can change that store name

so it’s a different kind of cohesive whole

to these different brands.

You can do that later.

For now, you just need something in here.

Now for the next questions

here, it really actually depends

on how you’re looking to sell on Amazon.

Are you doing arbitrage?

Are you doing private label?

Now I focus entirely on private label.

So that’s what I’m gonna

focus on, and that’s the way

I’m going to approach

these next questions.

I’m gonna select yes for do you have UPCs

for all your products?

Now, I wanted to give you

pro tip number seven here.

I highly recommend that

you use GS1 UPC codes

to add products to Amazon, specifically,

if you’re doing private

label final products.

If you’re doing arbitrage

or things like that,

then GS1 codes, which are more expensive,

might not make sense, but

overall, I really recommend,

for private labelers, you

guys use GS1 UPC codes.

I will put a link to my GS1

video in the description as well

if you want to learn more about that

and how to get those codes.

And for the next question,

I will also select yes here

for are you the

manufacturer or brand owner

because as a private labeler,

you will be the brand owner.

Now, if you do select that,

it’s going to actually

open up the next question,

which is do you have the trademark

for those branded products?

Now, if you do, you want to say yes here

’cause you’re gonna be able to streamline

into brand registry already.

If not, then you’re gonna say no here,

and pro tip mumber eight, I think,

so getting your trademark

is a huge advantage.

Don’t put off selling because

you don’t have a trademark,

but it’s definitely something

to start considering,

start thinking about, and pushing toward.

If you don’t know much about trademarking

or brand registry or the benefits thereof,

I’ll also put my video

related to that below

so you can see what brand

registry is all about,

what the requirements

are, and how to apply.

So now we can click on Next.

At the top here it reads

this is for the sole owner

or primary contact for this account.

So here you can see an

overview of your registration,

and you’re going to need to

select the ID document type,

or upload the requested ID document type.

Often, this is going to be a passport.

Then you’re gonna need

to provide any additional documents.

Now these vary between

situations, but in this case,

we can provide either a

bank account statement

or a credit card statement.

Remember, this is why

we wanted to make sure

the earlier address that

we input would line up

with the document we upload

here, and the address

on that document.

So once you’ve uploaded these

and double checked all the

details of your submission here,

you can click on Submit.

And then after this, the

verification team goes to work.

They’re gonna look at your info.

They’re gonna verify as much as they can.

They’re probably gonna ask

you for one or two more things

and might have a few questions

and they’re gonna reach

out to you via email.

So keep an eye out for them there.

Now, I know a lot of

you are really proactive

and you want to get things ready,

so if that’s the case, in the meantime,

you can prep some commonly

asked for details,

things like bank statements

and utility bills

proving bank account ownership or address.

These are often easily

downloadable from your bank,

and the main thing here is make sure

they’re as recent as possible.

They cannot be any

older than three months.

With Payoneer or WorldFirst

or any of these online payment accounts,

they also issue letters

called letters of ownership,

so you can ask them for

those and they are used

for the same purposes with Amazon,

proving account ownership and address.

You may also be asked for an EIN,

which is an Employer

Identification Number.

You can get this by heading

over to the IRS website.

Now these can be issued

to individuals in the US,

but they can also be issued to companies,

whether those companies

are in the US or abroad.

So for example, if

you’re a foreign company,

you can go download the

document from the IRS website

that matches your company’s country.

Then you fill out that

document and what you do

is you call the IRS’ number

and you’re going to verbally

give back your answers

to that same document, and they

are going to issue your EIN

over the phone.

So now you are well on your

way to selling on Amazon.

I wanted to ask you guys

to please share this video

with someone you know who’s

interested in selling,

or who thinks they cannot sell

because of their location.

So I hope this cleared

up all the ins and outs

of setting up your Seller Central account.

Remember, guys, once you are set up,

if you want to take those next steps,

check out other videos here.

Also check out the Just

One Dime membership below

if you are looking for a community

of like-minded entrepreneurs,

other people doing

exactly what you’re doing

from all corners of the

globe, but in any case,

I hope this helped you

make that first step

and I wish you many sales in the future.

I’ll see you guys in a future video.

(exciting orchestral music)