Teepublic Mandatory Update You must do this NOW!

Summary

In this video, Emmanuel provides an update on the Public platform, highlighting a new requirement for sellers with over 25 sales to update their account with their country of residence or business. This change is due to tax and legal requirements in regions like the US, UK, Canada, and Europe. Emmanuel explains that users from outside these areas may face fewer immediate changes but predicts further verification processes down the line. He encourages users to update their information promptly to avoid any issues and shares his thoughts on what may come next for the platform.

Takeaways

• 😀 Public platform requires sellers with over 25 items to provide the country of their residential or business address in account settings.
• 😀 If you haven't updated your country information, it will be flagged as a requirement when logging into your account in the next two days.
• 😀 If you've already updated your country information, you're all set and don't need to do anything further.
• 😀 There's a possibility that Public may eventually require additional verifications, such as your ID or Social Security Number.
• 😀 This update may not affect users in countries like the US, UK, Canada, and Australia, but could be problematic for sellers in certain African and Asian countries.
• 😀 Many print-on-demand platforms don't accept sellers from countries like Nigeria, Ghana, or India, which could create challenges for international sellers.
• 😀 Public's reason for collecting this information is to comply with legal requirements in countries with tax laws that necessitate marketplace seller verifications.
• 😀 Even if you are not based in the US, UK, Europe, or Canada, it's still important to update your country in your account settings.
• 😀 Sellers outside the US, UK, and Europe won't need to go through the full verification process but still need to provide their country info.
• 😀 To update your country information, log into your account, click on your avatar, select 'My Account,' and update your country settings.
• 😀 The video creator suggests getting ahead of the possible verification processes if you're based in the US, UK, Europe, or Canada.

Q & A

What is the recent update mentioned in the video?

The recent update requires users with over 25 others to update their account information with their country of residence or business address.

Who is affected by this update?

This update applies to users with over 25 others on the platform, who are required to provide their country information.

What happens if users don't update their country information?

If users don't update their country information, the platform will flag it as a requirement when they log in within the next two days.

How can users update their country information?

Users can update their country information by logging into their account, clicking on their avatar, and selecting 'My Account' to update the country details.

Why does the platform require users to provide their country information?

The platform collects this information to comply with tax regulations in countries like the US, UK, Canada, and the EU, which require market platforms to verify seller details.

How does this update affect users outside major markets like the US, UK, and EU?

For users outside major markets such as the US, UK, EU, and Canada, the update won't result in extra verification requirements for now. However, they may still need to update their country information.

Could further verification steps be required in the future?

Yes, the video suggests that in the future, the platform might require additional verifications such as ID cards, SSNs, or national IDs, especially for users in the US, UK, and European markets.

Are sellers from countries like Nigeria, Ghana, or India at risk of being affected by this update?

Yes, sellers from countries such as Nigeria, Ghana, and India might face challenges, as print-on-demand platforms often do not accept sellers from these regions.

What should users do to prepare for possible future verification steps?

Users should stay informed and ensure that their account information is up to date. It's recommended to watch for any further communications from the platform regarding additional verification steps.

Is this update a major concern for users in the US, UK, Canada, and Europe?

For users in these regions, the current update should not pose a significant concern. However, there is potential for more verification requirements in the future.