Amazon has another killer move! Be careful of your account being frozen! Sellers must make changes to their business licenses before May 7

The Amazon platform has issued a new notice for epidemic prevention sellers: it has put forward consistency requirements for the business scope of the business license corresponding to the products sold by the seller’s account!

Recently, many sellers, especially those selling epidemic prevention materials, reported that they received email notifications from Amazon! The email clearly stated that if the products sold by sellers on Amazon are inconsistent with the business scope of the registered company, they need to go to the local Industrial and Commercial Bureau to change the business scope.

If you do not complete this operation, your funds on the European site will be frozen starting May 7th! Starting May 21st, you will no longer be able to sell products on Amazon Europe!

Judging from the information currently available, the email mentioned that the requirement to change the business scope is for the European market, and it is not yet certain whether the United States, Australia, Japan, etc. sites also need it.

Amazon platform will definitely not issue a new policy notice for no reason. There must be some illegal sellers who have done something illegal on the platform, which triggered the platform's rectification action. If the seller is operating in compliance with the regulations, there is nothing to worry about.

It is recommended that sellers of epidemic prevention materials and general goods should check whether the business scope of their business license covers the products they sell to avoid unnecessary losses in the future. Changing the business scope to be consistent with the products you sell is definitely the most compliant and safe approach.

After a Shenzhen company changes its business scope, it will have the following documents:

After the change is approved, the new business scope will be updated on the official website. There will also be a record of the changes, which you can check on the official website of the Market Supervision Bureau.

The new sales scope will also be displayed after the Hong Kong company is changed.

The picture below shows where the business scope of a Hong Kong company is displayed. The picture shows that there is no business scope and it needs to be added.

According to foreign media reports, Amazon's suppliers and sellers received an unexpected notice on the 24th of this month: Amazon suspended the Vine review program until further notice.

This move may be a step taken by Amazon to reduce non-essential products and ease the pressure on Amazon's logistics during the epidemic.

Whether this is short-term or long-term, it will have a huge impact on how well you get product reviews.

The Vine program is Amazon’s official channel for requesting reviews. Last year, Amazon’s Vine function was fully opened to brand sellers, which made Amazon brand sellers very excited. You should know that the Vine program was previously only available to suppliers’ VC and VE accounts.

But now, less than a year later, the Vine program is about to be suspended. At a time when it is becoming increasingly difficult to request reviews on Amazon, this is definitely not good news for Amazon sellers.

Source: SellerGrowth