Amazon Marketplace is Amazon.com's fixed-price online marketplace which enables sellers to offer new and used items alongside Amazon's regular offerings. Customers can buy those items directly from third-party sellers. The Marketplace uses Amazon.com's software infrastructure. Amazon.com charges the buyer's credit card and sends his payment to the seller, but does not pass along any credit-card information.
The Marketplace is available on Amazon sites in over 60 countries. Some sellers do not ship internationally.
Sellers may sell their items using either an "Individual Account" or, for an additional monthly subscription fee, a "Professional Seller" account. Individual Accounts may add the "Pro Merchant Option," but Professional Sellers are required to have the "Pro-Merchant Option."
The "Pro Merchant Option" costs $39.99 per month; it eliminates the $.99 per-item sales fee. Other sales fees are still charged. These consist of a percentage commission fee and a flat-rate closing fee.
Amazon provides sellers with an online marketplace. Individual merchants are allowed to set up accounts and list products for free, though there is a "per sale" charge. Sellers with lots of products may elect to pay a monthly fee to list as a "pro merchant" on Amazon. A seasoned marketer with a Pro Merchant account is eligible to open an online Amazon store -- a hosted company website dedicated to the seller's e-commerce.
Instructions
Step 1
Open an individual seller's account to start a business selling less than 40 items per month. Visit the Amazon.com "Sell your stuff" page. List the first item you want to sell by clicking the "Select product category" drop down in the "Locate the item you'd like to sell" box. Click on the category your item fits into, then type the name of the item in the box labeled "Search by title or keywords." To sell a Star Wars Monopoly game, for example, you would click "Toys and games" on the drop down menu, and type "Star Wars Monopoly" in the "Search..." box.
Step 2
Click the "Start selling" button next to your typed-in product name. That opens the Amazon.com pages listing all the various types of products by that name for sale on the website. The list of Star Wars Monopoly games, for instance, includes six different Monopoly games with Star Wars themes. Click the "Sell yours here" button next to the exact product you plan to sell to add it to the list, and to create your merchant account.
Step 3
Fill out the information requested on the application to register for marketplace payments, so you receive payment when your items sell. The application opens when you list your first item. List your bank account number and the bank routing number for direct deposit payments. Your sales through Amazon.com, minus the seller's fees, will be deposited into an account in your name, and the total amount will be deposited into your bank account periodically.
Step 4
Open a Pro Merchant account to sell more than 40 items per month through Amazon.com. Pay $39.99 monthly to save the per-sale fee. Visit the "Sell on Amazon" page. Click the "Start selling" button under the "Sell Professionally" heading. Fill out the form for creating an online login, click "Continue" and fill out the information requested on the following forms, including a credit card number and phone number, for use during registration. List your items and wait for orders.
Step 5
Check for orders online at your seller's account page by clicking the "View your orders" link. Orders that have not been sent will be marked "Unshipped."
Step 6
Click the order number link to see the buyer's address for unshipped orders. Print the packing slip and customer address label. Ship your merchandise to the buyer through the mail, or shipping and courier service. Contact the purchaser through the link on the "Order detail" page to declare that the order has been shipped.
And here’s the third and final part of my How-To Guide for Selling Your Stuff on Amazon Marketplace.
How to Get Paid by Amazon Marketplace:
- Login to your Seller account.
- Click on the “Seller Account Information”
- In the section titled “Deposit Method” click the Add button on the far right.
- On this page is where you enter the information needed to allow Amazon to deposit your earnings into your bank account. Be careful all data is correct.
- After entering your data go back to your Seller account main page.
- Underneath the “Get Paid” section click on “View your payments account”
- From this page you can see a breakdown of how much money you have made. Click on the button on the left column that says “Request Disbursement.” Note: If you have just created your account and just entered in your bank information Amazon requires a 2-week waiting period before they will reimburse your bank account. This is done to prevent fraud.
- On the next page you must confirm that you want to “Request Disbursement” to the account you entered in step 4.
- After clicking the button you are presented with a screen that confirms that you a Disbursement has been requested.
- You may not see the deposit for up to 5 days. For greater detail read Amazon’s excellent page on this topic.
Tips & Warnings
- Amazon.com also charges sellers a referral fee and a closing fee for each item sold. Some items cost more to sell through the website than others. Price your items with the cost of shipping included, to balance the cost of the commission fees.
- There are different options for opening an Amazon store available to successful Pro Merchant account holders. Each has various stipulations for shipping and website design, at differing monthly costs and commission fees. Choose the option that best suits your business needs.
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