JASONTAYONLINE.COM
  • About
  • Amazon FBA Guide
    • How to Register an Amazon Seller Account
    • Amazon FBA 101
    • Amazon Professional vs Individual Selling Plans
    • How to Sell On Amazon From Outside the US
    • Amazon FBA Prep Companies
    • Best Tools for Amazon Sellers
    • Code Confusion - Understanding GTIN, UPC and Amazon Barcodes
    • Amazon FBA Fees Explained
    • Amazon Coupons vs Prime Exclusive Discounts
    • How to Create Amazon Coupons
    • How to Increase Amazon Sales - Traffic, Click-throughs and Conversions
    • Optimizing FBA Inbound Shipping
    • Product Images and Photography
    • Amazon and Taxes - Income Tax, Sales Tax, and VAT
    • Amazon PPC Advertising
    • Insurance for Amazon Sellers
    • Amazon Seller FAQ
  • Reviews
    • Payoneer vs WorldFirst vs TransferWise vs OFX vs Airwallex
    • Helium 10 Review and Discount Codes
    • Proven Amazon Course Review
    • Amazing Selling Machine Review
    • Amazon Advantage Review - How to Optimize Copywriting for Amazon Listings
    • Amazon FBA Reimbursement Guide Review
    • Rebate Programs
  • Training
    • Amazon Seller Live Training
  • Blog
  • Newsletters
  • Q&A

Newsletters

Amazon Seller Updates - Oct 2021

8/10/2021

0 Comments

 
We're into the the 4th quarter of 2021 which has been a crazy year!

There are so many issues we could cover, but here are a few highlights to note:
  1. 2021 Amazon Expo Seller Boot Camp
  2. 10% Off Amazon Images, Graphic Design and Product Videos
  3. Amazon Payment Service Providers
  4. Insurance for Amazon Sellers
  5. Accounts and Bookkeeping

​1. 2021 Amazon Expo Seller Boot Camp

Amazon is hosting a 3 day online event from 11 - 13 Oct 2021. 

You can scroll through the images below to view the agenda and details.

I've been invited by Amazon to speak at the event.
​Check out the infographic image by Amazon in the 5th image below!
​

Registration is free. 
Register Now

2. 10% Off Amazon Images, Graphic Design and Product Videos

GS1 Singapore's DNA Hub is offering 10% off their Amazon image and video services till 31st Dec 2021.

Click here to find out more and get a quote.

To get 10% off, use promo code: AMZ10_Oct21

3. Amazon Payment Service Providers

I have used many Payment Service Providers (PSP) including Payoneer, WorldFirst, Wise (formerly TransferWise), OFX and most recently AirWallex; so I'm quite familiar with their pros and cons.

I stopped using Payoneer, WorldFirst and Wise for various reasons, which you can read about on my page about Amazon Payment Service Providers.

I have been using OFX since earlier this year and been happy with it. More recently I've started using Airwallex as they have some advantageous features that OFX lacks.

I'll be updating my PSP comparison page soon, but in the meantime, if you'd like to take advantage of a 0.3% FX spread with:
  • SWIFT fees only with zero margin costs on USD to USD transfers (useful for paying your suppliers in USD from your Amazon payout balance)
  • Fee free virtual Visa cards (available for Australian businesses and expected availability in early 2022 for Singapore)
  • Payment processing for your website (currently available for WooCommerce and Magento) at lower fees compared to Stripe and PayPal.
  • A special offer of $0 fees and 0% margin on your first $20,000 AUD in FX conversions (or equivalent)
You can find out more and register for AirWallex here.

4. Insurance for Amazon Sellers

Amazon.com has started enforcing the requirement for sellers who sell over USD10,000 a month to upload their Certificate of Insurance.

I have a page with more info and  links to 3 providers of insurance for Amazon sellers.

5. Accounts and Bookkeeping

While many sellers might start out small, it is important to keep proper accounts. The tax authorities can conduct a random audit of anyone at any time, and if you have not done accurate and proper bookkeeping, this can lead to a lot of stress and headaches.

​As soon as possible, I would encourage you to use an accounting service.

Sleek is an official sponsors for the Amazon Expo. I use Sleek for my Singapore company compliance (tax computation, tax filing, AGM minutes and submission, etc.). Since I'm "stuck" overseas due to Covid-19, I also apprciate their mailroom service where I use their address as my company's registered and mailing address. Any mail I received is then scanned and available online in my Sleek account. You can find out more at Sleek.com.

Don't forget to get $100 off their fees by using referral code: REFEGMT
0 Comments



Leave a Reply.

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    November 2022
    July 2022
    October 2021
    July 2021
    May 2021
    March 2021
    January 2021
    August 2020
    November 2019
    December 2018
    November 2017
    August 2017
    March 2017
    November 2016
    March 2016
    November 2015
    June 2015
    May 2015
    April 2015
    March 2015
    January 2015

    Categories

    All

    RSS Feed

Contact
© COPYRIGHT 2018. ALL RIGHTS RESERVED.
  • About
  • Amazon FBA Guide
    • How to Register an Amazon Seller Account
    • Amazon FBA 101
    • Amazon Professional vs Individual Selling Plans
    • How to Sell On Amazon From Outside the US
    • Amazon FBA Prep Companies
    • Best Tools for Amazon Sellers
    • Code Confusion - Understanding GTIN, UPC and Amazon Barcodes
    • Amazon FBA Fees Explained
    • Amazon Coupons vs Prime Exclusive Discounts
    • How to Create Amazon Coupons
    • How to Increase Amazon Sales - Traffic, Click-throughs and Conversions
    • Optimizing FBA Inbound Shipping
    • Product Images and Photography
    • Amazon and Taxes - Income Tax, Sales Tax, and VAT
    • Amazon PPC Advertising
    • Insurance for Amazon Sellers
    • Amazon Seller FAQ
  • Reviews
    • Payoneer vs WorldFirst vs TransferWise vs OFX vs Airwallex
    • Helium 10 Review and Discount Codes
    • Proven Amazon Course Review
    • Amazing Selling Machine Review
    • Amazon Advantage Review - How to Optimize Copywriting for Amazon Listings
    • Amazon FBA Reimbursement Guide Review
    • Rebate Programs
  • Training
    • Amazon Seller Live Training
  • Blog
  • Newsletters
  • Q&A