Second breaking news story. Plans of action for your business verifications. Now, remember, stay with me until the end. What Amazon is doing to you that they're not doing to sellers located in China. When Amazon sends you a notice that they want your lease, they want your bank records, they want something to verify your business, you must send them what they're asking for, the complete document and also a concise one-page plan of action explaining something about that business verification document.
IP complaints where sellers are resolving the IP complaints, yet they get a complaint soon afterward. Now sometimes the brands make mistakes. Sometimes brand enforcement makes mistakes and they'll cast too wide of a net. If they're using Brand Registry 2.0, it is very easy to include too many sellers, so don't be surprised if you receive an IP complaint, you obtain a retraction and then boom, you get another one. It doesn't necessarily mean the brand is doing something wrong, it just that they're a bit unskilled in their brand protection.
Fourth breaking new story. More and more Amazon sellers have created their private label brands and they are enforcing their trademark rights, their intellectual property rights on Amazon. I've been saying this for years now. Developing a private label brand is the wave of the future.
If you're a seller, you know how to use the dashboard, develop your own brand, develop a product line, diversify your sources. This is how you develop an ongoing business that will last for decades that you can get investors in and that if you want a golden parachute, you could eventually sell.
Fifth breaking news story and what the worst thing is Amazon is doing to sellers here in the United States that they're not doing to sellers in China: business verifications. Now we have full-time staff on both coasts in China, we have two people in Yiwu, we have four people in Shenzhen. We cover the entire country. We help sellers with their factories, and what I want you to also know is that Amazon, as far as we have seen, has sent practically no business verification suspensions, no business verification issues to sellers located in China. I don't know why, but that's what we are seeing.
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