Does Amazon's early payment have any impact? What is the process of opening a store?

Generally, Amazon arranges loan release twice a month, and the loan release time for each seller is different. However, Amazon will not transfer all the funds when transferring, but will reserve a part of the funds. Some people do not understand the transfer situation. Does it have any impact on Amazon's early payment?

Does Amazon's early payment have any impact?

For small and medium-sized cross-border e-commerce sellers, it may be quite difficult to expand their business scale through investment in the capital market at this stage. In addition, due to the compliance issues of the cross-border e-commerce sellers' own operations, it seems difficult to obtain external financial support through bank loans.

If small and medium-sized cross-border e-commerce sellers want to reduce the risk of capital chain rupture in their operations and maintain the health of their company's cash flow, they can only strictly control every aspect of their operations and reduce cost expenditures.

If Amazon's "manual payment collection" function can be popularized, it can effectively reduce the pressure of capital turnover for sellers. They can also use more funds to develop high-quality products and expand the scale of operations. It will have a very positive impact on both top sellers and small and medium-sized sellers.

What is the store opening process?

Create an account, submit qualification materials, and pass the qualification review. Fill in company information online to create an Amazon seller account. During the registration process, you need to submit company qualifications (a copy of the business license and the national tax registration certificate), as well as category and brand-related qualifications (click to view qualification requirements details) to complete the Amazon qualification review.

The qualification review will generally be completed within 3 working days after the materials are submitted, and we will notify you of the review results by email. At the same time, you can also log in to the seller platform to directly view the review results and detailed review opinions.

In order to maintain fairness and justice in the entire Amazon mall, ensure the long-term sustainable development of the mall and sellers' businesses, fundamentally implement the "authenticity and quality" business philosophy and enhance customer experience, Amazon implements the seller deposit policy.

According to the requirements of this policy, all sellers must confirm and accept the commitment letter published on the Manage Deposit page of the Seller Platform, reaffirming your guarantee to sell genuine and high-quality products on the Amazon Marketplace. At the same time, when opening a store on Amazon, sellers of different categories must deposit a deposit with Amazon in accordance with the commitment.

For Amazon merchants, if the funds can be recovered quickly, there are still certain benefits, and the funds will be easier to turn around, so as to avoid the store's funds being cut off due to some reasons.

Recommended reading:

How does Amazon improve conversion rates? What are the methods?

Why is Amazon's automatic advertising not exposed? What is the reason?

How many SKUs can be listed on Amazon at most? What should I pay attention to when creating products?