π’ Upcoming INFORM Act Requirements for Amazon Sellers
π³Starting in April 2024, eCommerce sellers who have either 200 or more transactions or generate at least $5,000 in revenue during a continuous 12-month period will need to certify their business information annually to comply with the INFORM Consumers Act. πππ§πππ’π: This ensures uninterrupted sales by preventing potential account deactivation. ππ‘ππ₯π₯ππ§π π: Sellers are required to complete their certification within 10 days of accessing the Notice and Certification page, which could be demanding during busy periods.
π³ To mitigate the risk of disruptions, especially during crucial sales events, sellers are encouraged to proactively review and update their information on the Account Health page in Seller Central. πππ§πππ’π: Regular updates maintain ongoing compliance and marketplace reliability, reinforcing the seller’s credibility. ππ‘ππ₯π₯ππ§π π: Sellers must keep their business information current at all times, not just annually.
β΄οΈ Additionally, Amazon offers support through FAQs and Selling Partner Support to assist sellers in navigating these requirements effectively, ensuring they have the necessary resources to comply smoothly.