Can Chinese companies enter Amazon? How to open a store on Amazon?

Many merchants have achieved considerable success on the Amazon platform and realized their life value, which makes more and more novices salivate and want to open stores on Amazon. So, can Amazon Chinese companies settle in? Let us explain this aspect to you below.

Amazon China Enterprises can settle in, but registering with Amazon requires the following information:

1. Business license

As long as the business license includes sales in the business scope, you can register an Amazon store. If you don’t have a business license, you can go to the local Industrial and Commercial Bureau to apply for it. It is recommended to register a trading company.

2. Legal person ID card

The legal person ID card is the corporate legal person listed on the business license, as long as the ID card is not expired.

3. International credit cards

This type of credit card can be applied for through online banking apps or by visiting a bank clerk at a business hall. Just enable the international currency payment function (can be used for US dollars, Japanese yen, euros, etc.). The main function is to pay for the monthly rent of a store. By opening a global store on Amazon and becoming a professional seller, the monthly rent is fixed at $39.99.

4. Contact Information

Email address (NetEase Cloud is recommended), legal person’s phone number, and company address.

5. Receiving account

Since Amazon is a cross-border e-commerce company, the payment for sales products is in foreign currencies (US dollars, Japanese yen, and euros), which cannot be directly converted into RMB and transferred to our domestic bank accounts. At this time, a transit account that supports foreign currency collection is needed.

How to open a store on Amazon?

1. Create an account, submit qualification materials and pass the qualification review: the qualification review will generally be completed within 3 working days after the materials are submitted.

2. Submit a deposit: 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 "authentic and high-quality" business philosophy and enhance customer experience, Amazon implements a seller deposit policy. According to the requirements of this policy, all sellers must confirm that they accept the commitment letter published on the seller platform management deposit page, reaffirming their guarantee of selling authentic and high-quality products on the Amazon mall. At the same time, sellers of different categories must pay a deposit to Amazon in accordance with the commitment.

3. Upload products: After preparing the product information and pictures, you can add product information one by one through the seller platform or upload them in batches through templates.

4. Customers browse products and place orders: Once the product information is uploaded, the product is successfully online, and customers can browse, search and purchase your products. Once an order is placed, you will receive an email notification from Amazon, and you can also view your order information through the seller platform.

5. Delivery of goods and FP: After the order is placed, please deliver the goods in a timely manner according to the delivery method required by the customer. If the customer needs FP, there will be a prompt in the "Manage Orders" of the seller platform. Please mail the customer a normal FP that complies with national tax regulations in a timely manner.

6. Settlement of payment: Amazon will settle with you every 14 days.

Finally, merchants should know that since they have chosen to open a store on Amazon, they must abide by the rules of the Amazon platform and not violate the rules. Otherwise, even if you run the store well, the store points deduction will affect the subsequent operations!