The Amazon Seller Central homepage has a few widgets that display different information related to sellers’ webstores. These widgets include details on orders, feedback, return requests, and buyer messages. The widgets are customizable and may be moved or deleted. In addition, the Your Orders widget is located on the left side of the Seller Central page. It shows similar information to the Orders tab but is in sellers’ immediate view.
Inventory management
If you are selling on Amazon, it’s important to have good inventory management. Improper inventory management will not only affect your customer’s experience, but it will also affect your profits. Using an Amazon seller central inventory management system can help you manage your inventory properly and maximize your profits. It helps you keep track of how much inventory you have, which allows you to determine when you will need to restock.
Price adjustments
Aside from setting the advertised price for each product, Amazon sellers can also set the price they will pay for their product. As long as it is consistent with the price of other products on the market, Amazon promises to honour these prices and match or beat them. However, if someone reports that the seller is selling a product for too much, the price will be immediately lowered.
Billing
If you’re an Amazon seller, you need to understand how Amazon billing works. The fees that Amazon charges can be quite significant, particularly as your business grows. It’s important to keep track of your cash flow and make sure that you’re keeping on top of your fees payments.
Verification
Amazon’s seller central verification process requires sellers to provide documents that match their seller central account. Providing incorrect information or documents may result in rejection. In some cases, Amazon may suspend or ban sellers who do not meet its requirements. To avoid this situation, sellers should take the time to prepare in advance. Verification can take weeks or months.
Account health
The Account Health page in the Amazon Seller Central account gives you a quick overview of your account’s status. It includes metrics like Order Defect Rate, A-to-Z Guarantee claim, and shipping performance. If any of these metrics are poor, you can expect actions from Amazon, such as blocking your account, requesting a Plan of Action, or even being suspended.
Legal entity on Amazon
The first step in creating a business on Amazon is to establish a legal entity. This will ensure that you are not personally liable for debts or liability cases. Setting up an entity will allow you to focus on expanding and improving your business. A legal entity will also help you streamline tax payments. Many people recommend creating a US-based LLC or corporation.
