Many individuals have made their fair share of wealth by selling things on Amazon, but for others, the chance has proven to be less lucrative than they had imagined.
An Amazon FBA business can sound like a good idea, but without any proper business strategy to make informed decision, things can go south very quickly.
Anyone can downgrade their existing Amazon Seller account from professional selling account to the individual plan if your Amazon business has not yet taken off yet and you would not want to keep paying the $39.99 monthly charge.
Professional account types do include a monthly fee without the per item fee of $0.99 charged for each sale which are extra costs, but regardless of Amazon seller account type, the referral fees are still applicable. Find out more about Amazon fees right here.
Selling on Amazon is tough and new sellers and many business owners may have overlooked the intensity of this. If for any reason you choose to move on, then this will be your first step.
What Must You Consider While Terminating Your Amazon Seller Account?
First and foremost, please remember that even after you’ve deactivated your Amazon product listings, you’ll still have to pay monthly subscription fee. Also if you continue selling, you still need to pay the referral fees and other selling fees.
Second, keep an eye out for any current requests for the things you’re going to quit selling. Many merchants overlook this step, assuming that Amazon will immediately cancel buyers’ orders. This is not the case, therefore be able to implement any requests you may have (or else, be prepared for negative reviews).
Last but not least, you must continue to respond to your customers within 24 hours. Even if your items are dormant, Amazon does not disable your Buyer-Seller Communication, as many sellers wrongly believe.
There are two ways to close an Amazon seller account momentarily;
A. Downgrading to Individual selling plan from a Professional selling plan.
Whenever you delete or deactivate your Amazon listing, there’s one last step to complete: downgrading your professional Amazon seller account to an individual account.
Individual Amazon seller accounts do not even have monthly fees, with exception of professional Amazon seller accounts.
Here’s a quick breakdown of the procedures you’ll need to do to deactivate your Amazon professional seller account.
- Go to your Amazon Seller Central account and sign in.
- Go to Account Info in Settings.
- In the Account Info page’s Your Services program, click Manage.
- You may notice a link that reads “Downgrade” under the part that says “Sell on Amazon.” Click on that.
- After you click that link, Amazon Seller Central will take you to a screen where you may verify that you wish to downsize by clicking the “Proceed” option.
b. Temporarily Deactivate Your Listings.
This choice is appropriate for those who just wish to take a break or are going on vacation.
What I imply is that they really want to continue selling the same product but take a break from it for a bit. They want everything to be the same when they’re ready to start selling again. So, how do you deactivate your listing(s)?
Let me walk you through it step by step:
- To begin, select “Manage Inventory” from the “inventory” tab:
- A full list of all of your product listings will appear.
- A “Edit” drop-down menu will be available for each listing.
- Locate the listing you wish to deactivate and choose “Close listing” from the drop-down menu:
- This option deactivates your listing until you reactivate it.
- Within 24 hours, the deactivation is complete. The reactivation procedure is also straightforward and immediate (after only 15 minutes).
Any inactive item can be relisted at any time. However, be aware that this option does not require.
Bonus: Permanently Delete Your Listings
This choice is appropriate for products that are no longer alive. If you don’t think a product will sell well, it’s advisable to remove it from the marketplace. Remember that removing a listing differs from closing it in that you can no longer revive it.
So, what’s the best way to go about it? Simply select “Manage Inventory” from the “inventory” menu: For each of your listings, there will be a “Edit” drop-down menu. Select “Delete product and listing” from the menu of the listing you want to remove:
If you choose this alternative, the deleted SKU, including its sales data and product details, will be completely erased from your seller account.
It is recommended that you consider your options carefully before choosing this option, as there will be no way to reverse your decision once Amazon has removed the listing.
Before eliminating a product, make sure the inventory quantity is set to zero.
Because product deletion and inventory quantity deletion are two different things, only taking care of the former will not allow you to properly erase a listing, as well as the offer will still be visible on the offer listing page
How Do You Cancel Your Amazon Seller Account Forever?
Please remember that if you delete your Amazon account permanently, you probably wouldn’t be able to restore or revive it.
There are also a number of other considerations to examine as well as certain preliminary steps to do before proceeding. So, how do you permanently delete your Amazon account?
Here’s how to do it step by step:
- To begin, select “Account Info” from the “Settings” drop-down menu:
- Now, in the right-most portion of the page, click “Close account”:
- To demand that Amazon remove your seller account, fill in the appropriate boxes and click “Send.”
Amazon customer service would either write you a confirmation email confirming that your account has indeed been successfully shut down, or they will tell you of the reasons surrounding why your account cannot be shut if you don’t match their criteria.
They would also suggest some activities you should do in terms of meeting their eligibility requirements. If your first effort to close your account was unsuccessful, follow these instructions and ask Amazon to delete your account afresh.
What happens if my Amazon seller account is deactivated?
You would no again be able to sell on Amazon if you deactivate your seller account, you’ll still be able to observe your relevant data, but you won’t be able to sell anything, you will not be able to market on Amazon if you downgrade your seller account, and you won’t be eligible for any of the benefits that come with having an active account.
Is it possible for me to cancel my Amazon seller account and create a new one?
No, you cannot reopen your Amazon seller account as this is considered as having multiple Amazon accounts. Fix any issues you have with your current account so you can continue selling on Amazon.
Is it possible for me to put my Amazon seller account on hold?
Yes, you certainly can. To place your account on hold, you’ll need to contact Amazon Seller Support. Your account will be on vacation mode until you choose to reinstate selling when you put it on hold.
Consumers won’t be able to buy the things you’re selling, and you won’t be able to earn a living from sales or inventory fees when your account is on pause.
Is it possible for me to have two Amazon seller accounts?
Sellers are not permitted to have even more than one account on Amazon, unless written permission was given in case-by-case basis. If Amazon discovers that you are using multiple accounts, the other accounts will be closed and any related selling permissions will be revoked.
What is an Amazon seller’s remuneration?
Whenever an Amazon seller buys back their merchandise from Amazon, this is known as Amazon seller payback. Amazon sellers can use the FBA (fulfilled by Amazon) option to buy back their inventory from Amazon. Rather than shipping the product to the customer, they are delivered to the storage facility and from there to the consumer. This saves a lot of time for both parties involved.
What is the best way to sell on Amazon with a new seller account?
To begin selling things on Amazon, go to Seller Central and create a product listing (or via API).
A product listing contains the following information: To identify the precise item you’re offering, use a product identifier like GTIN, UPC, ISBN, or EAN. GS1 can provide you with a UPC code or you can request an exception.
A SKU is a product ID that you construct to keep track of the inventory. Price, product state, quantity available, and delivery choices are all included in the offer specifics.
Name, brand, category, explanation, and photos of the product. Buyers will be able to find your product if you use keywords and search queries.
You’ll replicate a current posting if either seller already sells the same item. You’ll generate a new listing if you’re the first seller to offer a product.
How can I create a personal seller account?
Becoming an Amazon seller is a simple process.
Simply go to the Amazon Seller Sign up page and click the ‘Register Now’ button to begin the seller application process.
You must give basic information such as your company entity’s name, official address, and phone number throughout the seller registration procedure.
What types of 3rd party seller accounts are there on Amazon?
On Amazon, there really are two sorts of seller accounts: individual and professional. Each has its own set of costs and benefits. An individual account, for example, is excellent if you expect to sell fewer than 40 goods per month and has no monthly subscription price.