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-   -   Rolling limit on new accounts (https://www.aspkin.com/forums/amazon/66794-rolling-limit-new-accounts.html)

Rumcake350 11-06-2013 04:11 PM

Rolling limit on new accounts
 
Hi guys,

I'm very close to opening my first stealth account and have followed the instructions in the amazon ghost guide. My concern is how the 28 day rolling reserve works.

My understanding is that when I hit the $750 on sales any time within a 28-day period it will trigger an account review. I'd like to do the run and gun concept and the items I plan on selling will sell very fast. My question is, if I hit the $750 mark after 3 days of selling, for example, will the account review be triggered at that point or do I have 28 days to sell as much as I can and just plan on waiting 90 days for my money if my account gets shut down?

Phd 11-06-2013 07:41 PM

Re: Rolling limit on new accounts
 
Run and Gun will more than likely shut you down very quickly, especially this time of year.

The update on rolling reserve is different now. Selling a lot very quickly will probably trigger a manual review, and more than likely a deletion of account (you loose all your money).

There is no set time or amount any more. You must start slow and easy if you want to keep your account, and build just like a new business.

Browse the forums for more posts about start up procedures.

The book is just a guide, with the forums keeping you updated on the continuous line of hoops AZ will make you jump through if you want to survive.

Also, a quick shut down will not help you pinpoint any startup errors that could cause a banning.

But, if you want to possibly work hard for a lose of your money and time, go for the run and gun. You might be the .0001% that gets lucky :rip: (FYI, that was sarcasm).

zoneout 11-06-2013 11:04 PM

Re: Rolling limit on new accounts
 
Sounds like a prescription for disaster to me, but hey it's your money.

MICKY H 11-07-2013 06:30 AM

Re: Rolling limit on new accounts
 
You will be dead,sorry. However if you send your stock to FBA there are no limits, sell sell sell basically. But beware, if your stock is shall we say no legit you will lose your cash and stock.

Rumcake350 11-07-2013 06:15 PM

Re: Rolling limit on new accounts
 
Thanks for the replies, this is pretty eye-opening for me. It sounds like the run and gun method is out of the question. I'm curious though - if I were to open a new account, sell a couple thousand dollars in merchandise, and shipped it all to my buyers, amazon can actually shut down my account for lack of feedback, too much activity for a new seller, or whatever - and KEEP my money? This seems crazy to me, even for amazon. I thought a disbursement would happen after 90 days if an account is suspended, deleted, etc.

Anyway, it's beside the point - just trying to satisfy my curiosity.

I do have a new question since I'll be trying to slowly build up my new account(s). At some point I will have to enter my SSN to register my new account. I have had an amazon account suspended and it did have my actual SSN on file so that seems like the easiest way possible for them to link the accounts. When signing up for a Pro Merchant account it requires this SSN info upfront. Is there a way around this other than creating an LLC?

Thanks a lot for the help so far!

Phd 11-07-2013 06:29 PM

Re: Rolling limit on new accounts
 
LLC is best, it gives you a tax ID, and makes you look much more legit.

Look, feel, and act like a real business. AZ wants businesses selling, not a bunch of amateurs. That is reserved for EB.


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