Amazon Selling Fees & How much does it cost to sell on amazon?

Monthly Fee:

$39.99 (even if you don’t list or sell anything, you have to pay this amount for your account to be active)

Amazon Selling Fees Per Category:

Amazon Selling Fees
Amazon Sale Percentage Fees for most popular categories

%6: Personal Computers

%8: Camera and Photo1, Cell Phone Devices*, Consumer Electronics, Video Game Consoles

%12: 3D Printed Products, Industrial & Scientific (including Food Service and Janitorial & Sanitation)

%15: Amazon Kindle, Baby Products (excluding Baby Apparel),Beauty, Books,Clothing & Accessories, Furniture & Decor, Health & Personal Care (including Personal Care Appliances), Home & Garden (including Pet Supplies), Kitchen, Luggage & Travel Accessories, Music, Musical Instrument, , Office Products, Outdoors, Shoes, Handbags and Sunglasses, Software & Computer/Video Games, Sports,Toys & Games, Video & DVD, Video Games, Everything Else.

%20: Jewelry

Want To Be An International Seller at Amazon? (Part – 02)

Amazon Consulting services

So, here is the 2nd Post of the series for overseas FBA sellers. In this post I will discuss about making sales and getting paid for the sales. Yet, as a non-resident and non-taxpayer, there still are positive rules and obligations you have around reporting and collecting taxes.

Is US Bank Account Required to be an Overseas Amazon FBA Seller?

A number of would-be Sellers come across what appears to be an uncertain block when starting up their Amazon business. A bank account is required by Amazon to proceed your payments. PayPal or Bitcoin will not be an option. But for an overseas person, it is impossible to open a US bank account. Because to open a bank account in the US, the person needs to attend physically in the US. Even to open a US LLC or Corporation, the owner must usually be physically attending in a bank to set up a business account. But the very good news for overseas Amazon seller is that a system has been developed by Amazon by themselves to create a bank deposit in an International Bank Account which is called Amazon Currency Converter for Sellers (ACCS). By ACCS, you can get your payment in your existing local bank and in your local currency. International wire fees or bank limitations are not required on your account. Offering your account is in a country and currency maintained by ACCS.

international-students

Countries and Currencies Supported by Amazon Currency Converter for Disbursement

Note: Disbursements can only be made in the home currency of the country where the bank account is located. For example, if your bank account is located in the UK, then disbursements can only be made in GBP, even if your bank account is capable of accepting deposits in both GBP and EUR currencies.

Country Currency
Eurozone: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Monaco, the Netherlands, Portugal, San Marino, Slovakia, Slovenia, and Spain EUR
United Kingdom GBP
United States USD
Albania* ALL
Argentina* ARS
Australia AUD
Bulgaria BGN
Brazil* BRL
Canada CAD
Switzerland and Lichtenstein CHF
China* CNY
Colombia* COP
Czech Republic CZK
Denmark (including Greenland and the Faroe Islands) DKK
Hong Kong HKD
Croatia HRK
Hungary HUF
Indonesia* IDR
Israel* ILS
India INR
Jordan* JOD
Japan* JPY
Cambodia* KHR
South Korea* KRW
Laos* LAK
Sri Lanka* LKR
Morocco MAD
Mexico* MXN
Malaysia* MYR
Norway NOK
Nepal* NPR
New Zealand NZD
Philippines PHP
Pakistan* PKR
Poland PLN
Romania RON
Russia* RUB
Sweden* SEK
Singapore SGD
Thailand* THB
Taiwan* TWD
Turkey* TRY
Vietnam* VND
South Africa* ZAR
 * Disbursements in these currencies are supported via a partnership with Payoneer, a third party, and require a separate Payoneer account. Learn more about Using Payoneer with Amazon.

Few Basic Questions & Answers about the program.

How do I enter my bank details if you have a bank account in one of those countries above?

Please follow the steps below:

  • In the “Settings” click the “Seller Account Information” link.
  • Click the “Edit” button next to “Deposit Method.”
  • Select the country of your bank account from the drop-down menu next to “Bank Location Country.”
  • Read and accept the terms and conditions.
  • Enter your bank account information.
  • Click the “Submit” button.

How do I get paid? Every disbursement will automatically be transferred to your local bank in the local currency.

Isn’t my seller central payment going to take more time because it is an international transfer? No. Your payments may be delayed only by a few minutes.

My bank is not based in one of the countries supported by Amazon Currency Converter for Sellers. Can I get paid into my local bank in my local currency? Currently, this capability is not available for any bank account locations other than those listed in the table of countries and currencies supported by Amazon Currency Converter for Sellers.

How about the fees? If you have entered a non-US bank account and you have a positive balance in your seller account, you can view exchange rate for transfers by clicking the “View Exchange Rate” button on the Payment Summary page.

What about the other registration fields like  credit card, billing address, and phone number ? Do they need to be US-based? No,  Those stuff doesn’t need to be US-based to register. You can register to sell on Amazon.com if you are resident in one of the many accepted seller registration countries. make sure that your credit card needs to accept international charges.

I am based outside of the accepted seller registration countries. Can I register? No. In order to register to sell on Amazon.com, you need: Your business name, address, and contact information A US or internationally chargeable credit card with a valid billing address in an accepted seller registration country A phone number in an accepted seller registration country where you can be reached during the registration process

What happens if I want to issue a refund?  exchange rate also apply to refunds?  Refunds to buyers on Amazon.com are made in the website currency (i.e., United States Dollars (USD) for Amazon.com) and as such are not subject to any exchange rate fluctuations. However, it is possible that a card issuer or bank may apply a new exchange rate and a conversion fee to the refund if a non-USD credit/debit card was used for the purchase and the refund was made to that card. Buyers may contact us when this happens, and we advise them to contact their card issuer or bank for an explanation of the exchange rate and any charge applied to the refund.

Taxes – Can you be exempt from U.S. tax reporting requirements?

IRS Amazon

IRS

All Amazon Professional Sellers and those with over 50 transactions in a calendar year must submit their tax information to Amazon. During the account creation, you’ll go through a Taxpayer Wizard which will generate an IRS tax form for you to complete. Foreign sellers still need to complete the tax questions, and it’s likely that the form which is generated for you is a W8-BEN form, which means you’ll be exempt from U.S. tax reporting requirements. Foreign persons are not subject to U.S. income tax withholding if performing the work outside the U.S. Of course, you may still have to pay tax on this income in your own country. And if you set up a US-based corporation or LLC, that entity will be considered a US “person” and therefore subject to paying income tax. I am an amazon consultant and not not you tax guy 🙂 , so please make sure that  to consult a tax professional to determine the best action in your case.

Who is this amazon expert?

I am an amazon expert. I help amazon account owners to optimize their amazon accounts and product pages for A9 search engine.

I use my expertise to add value, discover my client’s niche and find cost effective ways to drive traffic and increase conversions.

Before working as an amazon expert , I have worked for several years as an e-commerce manager on the different e-commerce companies.

My Life As an Amazon Consultant;

If I look back on my life, and if I asked myself what I would be doing now, I am sure I wouldn’t say “Amazon Expert”, I probably would have to say working in travel industry somewhere in Turkey or Malta or sales manager in NYC, however working in my own business as an Amazon Consultant is a real dream come true.

There is never a typical day in the life of a consultant, every single day is different, I have no idea what kind of emails will come in, what kind of questions will be asked. Helping people take their amazon business to the next level is fantastic, and seeing people are getting exited when they see their products are doing great is incredible experience however it’s also not the easiest lifestyle.

Product sourcing came part of my service, some of my clients are telling me that they would like to be in amazon business but they don’t know what to sell or brand some of them consider the extremely competitive products, I work with anything however there are still well designed and niche products out there, why copy someone else? So I travel to find those products. Traveling is part of my life, seeing new cities and meeting new people excellent but it’s not always OK especially if I am far way from my family.

amazon-expert

Before Amazon & US

I was born and raised in Turkey. Before I come to US I received my degree in Travel Management. I worked at different tourism companies in Malta and Turkey for almost 10 years as German Tour Guide. I  found a chance to work in jewelry companies and online travel agencies. For more details connect with me on LinkedIn amazon expert   Currently I am trying to help my clients to develop comprehensive amazon business and make them see market insights to identify new opportunities for growth and also create  the strategies to build more profitable amazon account. My amazon consultancy includes brand strategy, customer relationship management, new product development, product portfolio and pages optimization , channel strategies, pricing  and sales + marketing strategies.

In my spare time

I am totally passionate about amazon, online marketing, playing guitar, having fun with my kids 1461058_10202923005097638_1866548158498101591_n

My Official Amazon Landing Page

I am prove to have my amazon landing page as 3rd part service provider.

Amazon certified consulting services

 

Amazon Consultant Services

* New Product Planning / Product Sourcing

B2B & B2C Product marketing

Amazon Brand Registry

Amazon Product Ranking

Amazon Product Pages Analysis

Amazon Product Page Search Engine Optimization (SEO)
… Product Page Positions per search term/s + Weekly Analysis
… Title, Bullet points, Descriptions Analysis
… Search Terms Analysis

* Amazon Product Promotions Management

* Amazon Internal Product Ads Campaigns Management

* Competitor Analysis

* Amazon Account Health Optimization
… Decreasing Order Defect Rate
… Decreasing Cancellation Rate
… Decreasing Late Shipment Rate
… Increasing On-Time Delivery
… Increasing Contact Response Time
… Removing Bad Feedbacks

* Building Amazon Store / Inventory
… Product listing with allowed html codes
… Bulk Amazon Product Listing with Flat file Templates
… Creating product variation pages by color, size, flavor etc. under parent ASINs

* AMAZON FBA Services

Amazon

 

 

 

… Creating FBA SKUs
… Creating FBA Shipments
… Recalls

* Product Images & Graphics
… Logo Design
… Professional product photo editing & bulk editing
… Image Background Cleaning for amazon Listings (Apparel, Jewelry and more)
… 3D Image Rendering for Product Listing

* Amazon API Connections between Amazon Account and Dropship Companies

* Amazon related software and platforms consultation;
… Multi-Channel Marketplace Integration and Listing Tools (Website, eBay, Amazon, buy.com) project Management tools like Channeladvisor, Sellercloud, ordoro, Linnworks,
… Repricing Software like Channelmax, Feedvisor
… Other tools like T-Hub and more

* Amazon Bulk Product Listing and Keywordrich, Hardhitting Product Title, Bullet Points, Description, Keywords/ search terms translation for
… Amazon Germany
… Amazon UK
… Amazon FR
… Amazon CANADA
… Amazon ITALY

Some of my other Amazon Consultant Services

Amazon API Connections between Amazon Account and Dropship Companies
Social Media Marketing and Optimization
Facebook Product Ads

Please contact me if you would like to hear more about my Amazon Consultant Services