Do you have an individual seller account on Amazon and you wish to upgrade your account to business? Upgrading an Amazon seller account from an individual account to a business professional account is easy.
You just need to click on Settings on your Amazon seller account and select Account Info. go to your services section and click Manage. Finally, click on Upgrade and proceed to fill out all the required fields.
Amazon Individual VS Professional Selling Plan
Sellers are required to understand the difference between individual selling plans and professional selling plans. You just need to understand a few things before making this decision,
|Individual Seller Account||Professional Seller Account|
|In an individual selling plan, a seller can only sell 40 units in a month.||In the Professional selling plan, you pay a nonrefundable monthly subscription fee and which is $39.99 whether you sell anything or not.|
|In an individual selling plan, there is a fixed storage limit of 10 cubic feet, and this value does not change. Storage limit increases are not available for Individual selling accounts||In the Professional selling plan, the storage limit is dependent upon Inventory Performance Index (IPI) score. Storage increases as per the seller’s inventory movement performance.|
|In an individual selling plan, a seller is required to pay $1 for each sale on their account.||In the professional selling plan, you are not required to pay a fee for each item sold. All other fees are charged as applicable|
|Under the Individual selling plan, you do not pay a monthly subscription fee.||In the professional selling plan, you can sell over 40 units unlike in an individual seller account.|
|There is no requirement to incorporate a company for individual seller account||The Professional selling plan gives you access to inventory tools to upload batch files and manage your orders through feeds and reports.|
|For a professional seller account, it is recommended to incorporate a company and upgrade your account to the company’s name|
How to Upgrade Amazon Account to Business?
If you have decided to move forward and upgrade your Amazon account to a professional account then just follow the information below to complete the process,
- Log in to Amazon seller central account
- Click Settingson top of the page
- Click on Account Info
- Scroll down and locate a sidebar that says Your Services
- Click on Manage
- This will take you to a page that says My Services
- Locate Upgrade and click on it
When you click on upgrade, you will be directed to a page that shows you the benefits of a professional selling plan and gives you information about professional selling plan costs.
Click proceed and fill out all the required information required by Amazon.
How Long Does it Take to Approve Amazon Business Account?
When you have filled everything in and there is no other information that is pending from your side then the upgrade will be completed instantly and the monthly charge will be deducted from your existing balance you have otherwise this will be deducted from your credit card.
All features related to the professional selling plan will be added to your account immediately but some billing features can take up to 48 hours.
It is easy to upgrade or downgrade an Amazon account but it is important to understand which selling plan is beneficial for you. You can comment below and let us know if you would have difficulty in upgrading or downgradingng an account.
If you need to understand more about creating an Amazon account then read How to Create an Account on Amazon as a Seller if you have already created the account and need to understand how to grow your Amazon business.