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Amazon's business tools can help your company boost sales and grow.
Consumers and businesses are well aware of e-tail giant Amazon.com; many companies turn to Amazon to purchase discounted and bulk items. However, Amazon Business provides tools and benefits beyond low prices and free shipping.
Amazon’s business resources give registered users valuable benefits that are unavailable to regular Amazon account holders. Whether you’re starting a business or have an established venture, an Amazon Business account is a good idea. It makes purchasing corporate items and supplies seamless, efficient and inexpensive, while providing purchase management features, analytics tools and more.
Amazon Business is a free platform that makes purchasing on Amazon easier, more insightful and more convenient for registered businesses.
After registering with Amazon Business, you can take advantage of the following features — and more:
Creating an Amazon Business account is free and straightforward. Here’s how it works:
Amazon Business works almost exactly like a standard Amazon account. If you’ve ever used Amazon to purchase something, you’re already familiar with its interface, basics and how it works. Here’s a brief overview:
The Amazon Business home page has an intuitive interface similar to the traditional Amazon home page. Source: Amazon
Select the drop-down menu to manage all aspects of your Amazon Business account. Source: Amazon
Amazon Business offers business-only pricing and discounts on millions of products. It also provides price breaks on multi-unit purchases and allows users to view multiple offers from various sellers on a single page.
Amazon Business also offers bulk discounts and tiered pricing discounts for higher-volume purchases on select items. To see items for sale at a discounted price from participating sellers, click Request a Quantity Discount.
Amazon Business offers various payment options: add a business credit card, ACH payment information or wire information to the primary account. Then, designate which payment method users can access.
Amazon also lets you open a corporate credit line, though eligibility requirements apply. If you go that route, you can authorize multiple buyers on a single account. You can also download order history reports and pay by purchase order.
Amazon Business integrates with numerous purchasing systems, including BirchStreet, Oracle iProcurement and Workday. You can also set up punchout via a self-configuration tool.
What kinds of businesses can use Amazon Business?
In theory, businesses of any size and in any industry can use Amazon Business. If you have an online store, Amazon Business can help automate the regular delivery of crucial office supplies. Larger businesses, such as those with over 100 employees, may find Amazon Business helpful for ensuring guaranteed delivery of vital packages.
Businesses that earn money by selling their products to other businesses can also use Amazon Business as a marketplace to reach their customers. If you run a venture selling business goods in bulk at discount prices and want to shift toward an e-commerce business model, register as a seller on Amazon and create a Business profile.
Amazon Business Prime is a paid membership that enhances the benefits of an Amazon Business account. It’s separate from a typical consumer Amazon Prime account. Amazon offers a 30-day free trial for Amazon Business Prime to test the service and see if it’s right for you.
All Amazon Business Prime tiers include the benefits of Amazon Business in addition to valuable services, tools and perks.
The Amazon Business Prime tiers and their features are as follows:
The Amazon Business Prime Duo tier is free and is for existing Prime single-user accounts. In this tier, you’ll get:
The Business Prime Essentials tier allows up to three users. The cost is $179 per year. In this tier, you’ll get all Amazon Business and Amazon Business Prime Duo benefits along with the following:
The Business Prime Small tier allows up to 10 users. The cost is $499 per year. It includes everything in Essentials plus:
The Business Prime Medium tier allows up to 100 users. The cost is $1,299 per year. It includes all previous benefits along with 45-day extended terms and even more Spend Visibility insights.
The Business Prime Enterprise tier allows over 100 users. The cost is $10,099 per year. It includes all previous benefits plus:
In theory, a business can join Amazon Prime to get free shipping and delivery benefits — note that sales tax is still charged. However, Amazon Prime is intended for personal consumer use; using it for business purposes may violate Amazon’s terms of service. Additionally, it lacks the business tools, compliance features, and steep discounts that Amazon Business and Amazon Business Prime provide.
Businesses that need business pricing, bulk discounts and deeper purchasing controls should consider Amazon Business Prime.
Amazon Business is tailored to large and small businesses to streamline purchasing and help companies boost sales and revenues. The e-commerce giant has created a platform to help automate and manage procurement, providing insights into purchasing trends and spending habits. Amazon Business Prime takes these features further with additional shipping and analytics perks.
Consider the benefits of Amazon Business and Amazon Business Prime to determine if these platforms are right for your business.