Is there any risk in helping others register for Amazon? What are the potential risks?

There are many advertisements now that offer to help others register Amazon stores. As long as you help them register successfully, you can get a considerable reward. This way of making money seems simple and risk-free, but there are still many hidden risks. Let’s talk about the risks of helping others register Amazon stores.

Is there any risk in registering Amazon for others?

Generally speaking, there is no risk in helping others register an Amazon store, but if the registration fails, this set of information cannot be used to register a store again.

There is no problem in registering an Amazon store, which is equivalent to a Taobao store in China. Many large companies have already started opening stores, but the price of 500 is a bit low.

Let's talk about the risk issue: it will involve a business license and an ID card issue. Many people get scared when the ID card is mentioned. In fact, there will be no problem as long as a formal contract can be signed (don't believe what is said verbally). The contract is very important because it involves personal information, but it's ok as long as there is a contract. If the information is leaked, you can sue him.

Let me talk about the tax issue here: the store needs to pay taxes when selling goods, but this is handled by the operating company and has nothing to do with individuals. Secondly, the tax issue of the business license, this is not clear to many people. I can say fairly: there is no problem if the newly registered business license does not open the tax;

But now there is a one in ten chance that it will be automatically activated for you, which involves whether the operating company is responsible. Generally, there will be special tax personnel to help you every month. If it is activated, they will help you with your taxes (if you don’t sign a contract, don’t help with registration, no matter how much money you pay).

What are the potential risks?

1. Avoid or avoid following others’ sales

Currently, there is basically no profit margin for the listings that can be copied. As more and more sellers take brand protection measures, copy selling is no longer feasible. From the perspective of account security and long-term development, sellers should try to follow selling as little as possible or even not at all.

2. Register a brand and file a trademark

Amazon is a platform that "focuses on listings rather than stores". As a seller, it is not easy to create a hit listing. It is recommended to register your brand on Amazon as early as possible and take brand protection measures from the beginning to avoid making wedding clothes for others after working hard to build it.

3. Use FBA for delivery

Currently, there are about 65 million Amazon Prime members, and about 50% of all orders on the Amazon platform are shipped using FBA. As a seller, not using FBA means that you have fallen behind more than half of the sellers. At the same time, Amazon's traffic is prioritized to listings shipped using FBA, so using FBA is definitely a good choice.

There are definitely many risks in helping others register an Amazon store. For example, your information may be leaked. In addition, if someone uses the store you registered to sell prohibited items, you will be responsible if something goes wrong. So don't take risks for a little money.

Recommended reading:

Why is Amazon's advertising not exposed? What's going on?

What is the most difficult thing for a novice to do business on Amazon? How can a novice overcome the difficulties?

How to place orders on Amazon in the early stage? What aspects should be done well?