Thought I'd share this as it could be valuable/prevent you from pulling your hair out, crying, possible divorce-
For those thinking of opening a second AMZ account for any reason (new/change in ownership, new business, etc), think again..
When we sold our business- we had a large amount of inventory (~$400k) worth of books that it was agreed would remain with the old business to be sold off. As part of the agreement, they would keep the seller names that were in place to benefit from the feedback/ratings that had built up over the years.
In the meantime, Newco setup seller names to list any of their new inventory acquired thru buybacks, rental returns etc. These new seller names were under 1) new ownership, 2) new bank accounts, 3) held different inventory (i.e. no overlap), etc etc
Well, months go by and everything's fine- then we get the dreaded "Your Account Has been Suspended" email on the new accounts, as well as the .com seller acct for the oldco. Anyone who's ever seen this msg knows just how bad it will F up your day.
Amazon TOS strictly prohibits opening new accounts, and we knew this, which is why we're sure that we were in compliance. We went back/forth with Seller Performance/ our rep w/ AMZ and nobody could assist in having the accounts re-activated. It was a huge setback as AMZ represented half our revenue at the time.
So, be warned, if you ever have even a thought about opening new accts, don't make me say I told you so!
For those thinking of opening a second AMZ account for any reason (new/change in ownership, new business, etc), think again..
When we sold our business- we had a large amount of inventory (~$400k) worth of books that it was agreed would remain with the old business to be sold off. As part of the agreement, they would keep the seller names that were in place to benefit from the feedback/ratings that had built up over the years.
In the meantime, Newco setup seller names to list any of their new inventory acquired thru buybacks, rental returns etc. These new seller names were under 1) new ownership, 2) new bank accounts, 3) held different inventory (i.e. no overlap), etc etc
Well, months go by and everything's fine- then we get the dreaded "Your Account Has been Suspended" email on the new accounts, as well as the .com seller acct for the oldco. Anyone who's ever seen this msg knows just how bad it will F up your day.
Amazon TOS strictly prohibits opening new accounts, and we knew this, which is why we're sure that we were in compliance. We went back/forth with Seller Performance/ our rep w/ AMZ and nobody could assist in having the accounts re-activated. It was a huge setback as AMZ represented half our revenue at the time.
So, be warned, if you ever have even a thought about opening new accts, don't make me say I told you so!
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