FAQ

FAQ for Project Partners

What is Amazon FBA?

FBA, which stands for Fullfillment by Amazon, is a service provided by Amazon for individuals seeking to sell products on the Amazon website while outsourcing logistical operations. Sellers list their products on Amazon and then send their whole inventory to an Amazon warehouse. From there, the company takes care of shipping and distribution. Amazon FBA can make the e-commerce space accessible to more people by eliminating many of the logistical difficulties involved with running an online store.

In the traditional model, e-commerce businesses need to find or even rent space to keep inventory. Every order has to be individually packaged and sent out. Online store owners have to carefully catalog their product inventory to ensure that they never list something as in stock when it has sold out. All of this adds up to significant time and effort.

Through Amazon FBA, business owners can sell their products online without all the hassle. Amazon will even provide customer service to customers for most issues. Instead of getting bogged down in the details, business owners can focus on growing their business, marketing and creating new and exciting products. There are even options through Amazon’s multi-channel fulfillment program for those who still want to use their own website through Amazon.

Why focus only on selling Amazon FBA brands?

Amazon’s global reach and fulfillment program (FBA) eliminates the hassle of shipping products, processing returns, and dealing with customer queries. Amazon takes care of all these tasks, allowing us to scale effortlessly in new markets outside the United States. We don’t have to worry about storage space, staff, or other logistics. FBA also enables a smooth transfer of assets after selling the brand.

Why launch this project?

We are in the business of growing and selling e-commerce brands, more specifically small to mid-sized direct-to-Amazon FBA brands.

Our industry is filled with ecommerce aggregators backed with investor funding running into billions of dollars. This makes them capable of making mouth-watering offers to buy successful Amazon FBA businesses and makes it harder for smaller buyers to compete.

Recognizing an opportunity in the market, we undertook a mission to address it, enabling us to broaden our product range and enter new markets while maintaining the quality of our offerings. We accomplish this by engaging in partnerships with independent stakeholders from across the globe to establish and grow profitable Amazon FBA brands we aspire to sell.

Why work with partners?

Partners play a crucial role in our business model, ensuring that each store we sell has its own unique identity and allowing us to expand into foreign markets. We would rather train, mentor, and fund 1000 ambitious individuals (aspiring entrepreneurs) to launch 1000 unique and high-quality Amazon brands through this project, rather than using a team of 50 to launch 1000 brands through our organization, which could create a conflict of interest and potentially lower the quality of the brands we sell

Besides recruiting, training, and guiding partners towards our project objectives, we also provide full funding to our partners for every step of the process, from ideation to product launch on Amazon.

Is it legal to sell an Amazon Seller Account?

According to Amazon’s guidelines, it is against their rules to sell just an Amazon Seller Account. However, with this project, we aren’t selling only the account: we’re actually selling the business, and the seller account is only one part of that business.

During the account transfer process, all personal details will be changed to the details of the new account owner. This means that after the account is sold, it will be legitimately used by the new account owner.

How do I get paid?

Payments will be made via bank transfer for US partners. International partners will be paid through stablecoins such as USDC for faster and cheaper transaction costs compared to international bank transfers.

International partners will be required to open accounts on regulated cryptocurrency exchange platforms like COINBASE to receive their stablecoins.

Partners can convert USDC to their local currency and transfer to their local bank account within 2-3 working day.

Why pay international partners paid through stablecoins?

Stablecoins have made cross-border business faster and more cost-effective by lowering transaction fees unlike traditional banking systems and foreign exchange firms.

After the sale of the store, will my personal information be deleted immediately after the account transfer, or will it be stored on your servers for a certain amount of time?

After the account transfer is completed, the account does not store any information regarding its former owner. EBrandProject does store information about completed transactions in compliance with the law applicable in the country where an account was registered.

Surely, you will sell me on a service?

No. We earn a profit from the store before and after sale(exit) and that is enough for us.

Is the project assistant based in my country?

Project assistants can be based anywhere in the world. Our criteria for choosing project assistants ensures they have a proven track record and knowledge about Amazon FBA in your local region.

Why do you need partners?

How much can I earn as a partner?

Potential earnings range from $1870 to $66,200 over a span of 4 to 16 months, with a total contribution time ranging from 27 to 195 hours (please note that these figures represent a range of earnings from our previous partners and may not accurately reflect your own potential earnings).

When do I get paid?

Share from sales transaction: 29th or 30th of the next month

Reimbursements: 2-3 working days

Other payments: 1st or 2nd of the next month

FAQ for Sellers

Which details will be changed during the account transfer process after buying a business?

It usually takes 2 to 5 working days to complete the account transfer process. Once it is completed, all the business details, credit card info, bank account details and address will be changed.

Is it legal to sell an Amazon Seller Account?

What are the requirements to sell my company?

Your company should meet the following requirements:

Clean book keeping with all existing financial statements
Monthly profits of at least $2000
At least 65% margin
Operating history of at least 6 months
Have registered trademarks for all products in all geographies you are selling in

What are the factors for the company valuation:

We look at multiple factors, including financials and operational setup. We also look at the development of the brand over time and attach great importance to product reviews, future growth potential, and product initiatives. ‍

Do you also invest?

We only acquire 100% of shares or assets

Why should I sell now and not another time?

There are a myriad of reasons why entrepreneurs want to sell businesses. It could be to focus on their next project, or because they have taken their brand as far as they can, or something as simple as spending more time with their family. Our job is not to convince anyone to sell, but to be there when they are ready to explore a potential sale. Whether it’s tomorrow or in two years time, we still want to connect and learn more about your business. At the very least, you’re going to walk away with a free valuation of your business and some pointers on what to focus on for the next time we speak. ‍

How much tax do I have to pay?

Each person’s tax situation is unique. Therefore, we recommend that you speak with a certified tax advisor to understand the tax implications of selling your business. ‍

Is my data secure?

We always maintain full confidentiality. We will sign an NDA before you share any confidential information about your business with us.