Amazon Seller Guide 2022 – Approval for New Sellers on Amazon: How Long Does It Take?
There are thousands of sellers registering daily worldwide on Amazon as it is known to be the world’s largest online marketplace. Millions of transactions are being fulfilled by Amazon online, and it invites a lot of business owners to register on this platform and start selling. By registering, you need to learn more about the product and how to make a profit out of selling on Amazon.
Businesses want to head on registering on Amazon daily. Everyone might be facing delays in approval as Amazon wants to maintain the integrity of the marketplace by funnelling those authentic sellers from fraud. It is important to any organisation and business to maintain legit transactions.
Many sellers on forums are asking one another about the duration of Amazon’s approval. Nobody could give an exact time and duration as to when an account shall be approved. While waiting, a seller should spend time learning the selling process and the platform itself.
A start-up Amazon seller needs to be ready to invest time in learning and have an open mind to know the silver lining that awaits in this lucrative endeavour. Amazon gives you the increasing opportunity to build your own name and business in a way that you can experience both the learning process and the chance to be financially independent.
Any better opportunity comes with fiercer competition. An Amazon seller should invest effort and resiliency to move forward and learn the process. As you were given a chance to use the Amazon online marketplace, you need to understand that you shall undergo the process of waiting and learning until your application is approved.
How long shall I wait for my Amazon registration application to be approved?
As we say that patience is a virtue, it is the true and applicable quote to all new businesses registered on Amazon. Buyers and customers tend to trust Amazon sellers easily, and that is why Amazon needs ample time to check the credibility and authenticity of Amazon sellers. In creating long-term success on Amazon, you need patience and passion to surpass the challenges of the online world.
In hitting your pace as an Amazon seller, you need to know what things you should comply with within your state and sort some things that will make you equipped when you start working your Amazon sellers’ account. We understand that when we enter this new normal, businesses worldwide find their way to beat the changes and try virtual platforms as a means to put bucks to their packet.
In launching your Amazon store, you need to put up your objectives. You should include planning on your short-term and long-term goals to know where you are heading to. It will guide you in what to expect and the obstacles you may encounter along the way as a seller. We know that all businesses have risks, and it usually depends on the seller’s resiliency to surpass the challenges.
How to become an Amazon Business Seller?
As they say that a thousand journeys begin with a single step, this is quite true. Always prepare your checklist, including your product list. You may begin to study the categories you will be working on and download the tools you need when you start upselling. Amazon has more than 20 categories of products. It allows you to choose the niche that you want to sell in.
You can now proceed with the selling plan selection as you have the niche on your mind. There are two selling plans that you can choose from – the professional and the individual plan. When you sign up for a Professional plan, you need to subscribe to a monthly subscription fee of $39.99. On the other hand, if you opt to be registered for an Individual plan, you don’t need a monthly subscription, as Amazon will profit from charging your store for every item sold.
Once you are on the website and apply your business, you need to prove that you are an authentic seller. The process may take a few weeks for approval, but your patience in waiting will be rewarded as soon you will be able to sell on the platform. Amazon will prompt you if you are allowed to create your selling account on Seller Central, where you can manage and customise your store the way you want your buyer to see you.
Amazon Marketplace will become a new home for your products when your account is approved. You should think well about the fulfilment method that will fit and be useful to you. There are tools available online to search for products, check on analytics online, and monitor the market price of your products. Tools will become your best friend in success without spending a lot on advertisements. It will also allow you to sneak on the market’s movement on-demand and prompt you to decide on your next step.
The product details are very important when you are about to sell on Amazon. You can’t upload incomplete information, or else you will end up beaten by your buyers in the feedback section. You should monitor your inventory. Nobody wants to shop in an empty store. When you are adding products to your store, you should know the condition of the products you are about to sell, especially their barcodes, name, and description.
I got approved! – What’s next?
Now is your best time to shine. Begin selling and monitor your store frequently. Some customers will just goof around and do window shopping, but some will become your buyers and repeat customers. Amazon will always notify you of any activities in your store.
The fulfilment process that you choose on Amazon makes everything easier. The process might take a little bit longer due to a limited number of flights nowadays, but Amazon’s fulfilling process will ensure that everything is handled correctly. The seller’s role now is to answer all the queries online to invite buyers and shoppers. Good customer service means growing business. You can’t grow a business without the support of your buyers and repeat customers.
All your worries and waiting shall be paid off.
Selling on Amazon might be lucrative, but there are some fees you should have to invest in before uploading your product list. As a seller, you must prepare your capital and investment as you will dive into costs that you need to settle first before selling on Amazon.
Referral fees and the variable closing fees
A referral fee is an amount being paid to Amazon based on an item sold on your platform. It could be in a minimal amount and will be used to improve the website and payment for all the operations on the web. The referral fee is applicable only to sellers registered under Individual accounts. Professional sellers will no longer pay for the referral fees on items sold on their platform, but they would have to pay for the variable closing fees.
There are two fulfilment processes that you can choose as a seller. You can select from Fulfilment by Merchant and Fulfilment by Amazon. Both fulfilling methods have their own payment schemes. In selecting FBM, you will be paying your shipping rates while in FBA, the additional cost is already added to the fulfilment process as sellers are paying for the fulfilment, warehouse storage, and services. Whatever fulfilment process you choose, your fulfilment fees will help the website improve its process and minimise its system glitch.
Excited to start selling, but your approval is still pending?
Since many want to be on Amazon, we may expect that the process will take a long time. There are hundreds of new sellers registering daily, and processing would take time for approval. Amazon gives their sellers a maximum of 90 days for their accounts to be reviewed and be approved.
As someone who’s new to the playing field, you need to be careful on Amazon. You should read Starting Business on Amazon: Top-5 Risks You Need to Avoid.
Here are the frequently asked questions regarding the approval for new sellers on Amazon and how long it takes:
Frequently Asked Questions
How long is the maximum period for a seller account to be approved on Amazon?
It will take a maximum of 3 months or 90 days for a seller count to be approved on Amazon. As a new seller, you have to wait for the funds to be released even more.
Is the process complicated when you become a seller?
The process’s difficulty depends on the seller’s knowledge of the process itself. The approval process might be complicated, but you can apply what you have learned once you are approved. You need to abide by the platform’s rules and continue learning the process.
Is it worth it to sell on Amazon in the year 2022?
Yes, it is. As we face the new normal, everyone ventures into the online market as their means of buying and selling their needs. For the past few years, it has been shown that Amazon sellers and buyers are growing in numbers intensively, and it implicates business success.
Keep track of the time and date of when you have started creating your Amazon seller account. If it’s still within the range of Amazon approval’s period, then you are still good. Simply wait it out. If it takes longer than 90 days, check your application and contact Amazon support for further help.