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What Are The Benefits Of Amazon Business? Amazon Business 2022

Amazon Business makes it easy for registered businesses to purchase business products and services directly from Amazon and third-party vendors who sell on the platform. It’s free, so there’s really no reason not to sign up for an Amazon Business account.

Amazon Business

To create your account, all you have to do is visit the Amazon Business page, click the “Create Free Account” and follow the on-screen instructions to complete the setup process. Whoever creates the account is considered the Administrator, and that person’s information is used for account verification.

You can start an online store on Amazon without having to worry about shipping costs or inventory management.

Payment Options

Amazon Business account can add individual or shared payment options. Shared payment methods include credit cards, debit cards and the Amazon corporate credit line. Any authorized user of your business account can use the payment method of choice to purchase items on your business’s behalf. While all your authorized account users can use the card you register, to increase security, they will only be able to see the last four digits.

The Amazon corporate credit line expands your user and management options, giving you the ability to authorize multiple buyers on a single account, download order history reports and pay by purchase order, according to Rohde. It also has easy-to-understand statements and no annual fee. Account administrators can manage individual and shared payment methods and shipping addresses to make ordering seamless for all purchasers in your company.

Price Savings 

Amazon Business offers exclusive price savings  for its registered business members. Anyone with a business account can purchase via Amazon.com. Account holders receive price breaks on multi-unit purchases, general price cuts on millions of business products, and the opportunity to compare prices from multiple sellers. You can even request quantity discounts from some sellers.

Free  shipping options

Amazon business Provides shipping benefits for its registered business members.

Best For Small Businesses

Amazon offers their small or new business users opportunity for tax exemption under the Amazon Tax Exemption Program (ATEP) so they can expend their business Amazon provides a tool to help you determine if you qualify for the program. The program then allows you to apply your tax-exempt status to eligible purchases from Amazon and all of its affiliates. You don’t even need an Amazon Business account to take advantage of this benefit.

Amazon Business also provides some transparency into the supply chain purchasing process with the analytics dashboard.

What is Amazon Business Prime?

Amazon Business Prime is an Amazon subscription that provides a few benefits to subscribers. A subscription includes access to free delivery, discounts and member-only offers. Amazon Busines Prime also includes spending reports powered by AWS QuickSight. Spend visibility provides graphic-driven reports to help manage your business’s Amazon-related expenses.

Additionally, Business Prime members have access to guided buying for employees. Guided buying allows administrators on the account to set preferred suppliers and products and restrict employee capabilities when it comes to placing orders. Business Prime members also receive extended terms for Pay-By-Invoice, extending their payment terms to 45 or 60 days depending on their plan. 

Amazon offers free two-day shipping in the continental U.S. for Business Prime products, and same-day delivery is available in eligible ZIP codes and select cities. Same-day delivery is available seven days a week most days of the year, with limited availability on certain holidays and high-volume shopping days including Black Friday and Prime Day. Your order must be at least $35 with the free same-day icon to qualify for same-day shipping.

Business Prime customers can also use Amazon Day for free to select a single day each week to receive all their weekly items, preventing excessive package deliveries. Eligible items can be ordered up to two days before your business’s selected Amazon Day.

What does Amazon Business Prime cost?

Amazon Business Prime has several membership plans to accomodate various numbers of users. These include:

  • Duo: The Duo plan is $69 per year and accomodates one user. It does not include access to spend visibility, guided buying, or extended terms for Pay By Invoice, however.
  • Essentials: The Essentials plan is $179 per year and includes up to three users. It does make available the spend visibility, guided buying and extended terms for Pay By Invoice that are not available with the Duo plan. 
  • Small: The small plan is $499 per year and includes up to 10 users. 
  • Medium: The medium plan is $1,299 per year and includes up to 100 users. 
  • Enterprise: The Enterprise plan is $10,099 per year and includes more than 100 users. It also includes an optimal deployment, in which Amazon Business Professional Services fine tunes the account to optimize spend visibility and policy settings in a full scale implementation process.

What does Amazon Business Prime cost?

Amazon Business Prime has several membership plans to accomodate various numbers of users. These include:

Duo:

  • The Duo plan is $69 per year and accomodates one user. It does not include access to spend visibility, guided buying, or extended terms for Pay By Invoice, however.it include
  • Fast, FREE Business Delivery
  • Get FREE One-Day Shipping on millions of items. Need it sooner? Choose FREE Same-Day Delivery on eligible orders. Continue to get unlimited FREE Two-Day Shipping on over 100 million items.

Essentials

The Essentials plan is $179 per year and includes up to three users. It does make available the spend visibility, guided buying and extended terms for Pay By Invoice that are not available with the Duo plan. Convenient Business Shipping.

The things you need, delivered conveniently. Choose your own "Amazon Day" to get eligible orders on the same day each week where available. Or choose Consolidated Shipping on eligible large orders to receive your items in the fewest packages and deliveries.

Small: 

The small plan is $499 per year and includes up to 10 users. 

Medium: 

The medium plan is $1,299 per year and includes up to 100 users. 

Enterprise: 

The Enterprise plan is $10,099 per year and includes more than 100 users. It also includes an optimal deployment, in which Amazon Business Professional Services fine tunes the account to optimize spend visibility and policy settings in a full scale implementation process.

Some quick benefits:

  1. Huge discount(generally upto 40–42%) on bulk orders.
  2. All time discounts on business supplies.
  3. GST invoice included (which is not with normal account) which can be useful for showing taxes and managing bills for an enterprise.
  4. Grocery rates are all time low for business accounts too.
  5. You can sell products from anywhere in the world.
  6. You can set up your own website and sell your products directly to customers.
  7. You can create your own brand and build a loyal customer base.
  8. You can easily scale your business as your sales grow.
  9. You can reach millions of potential buyers.
  10. You can offer free samples and discounts to attract new customers.
  11. You can get paid faster than with other eCommerce platforms.
  12. You can save money on advertising.
  13. You can sell products internationally.

FAQ

What is the difference between Amazon Prime and Business Prime?

Amazon Prime is a membership program available on Amazon. It offers household and entertainment benefits such as Prime Video, Prime Music, Amazon Fresh, Prime Now, and Prime Reading for use at home. Business Prime is separate membership program designed for businesses available only on Amazon Business. It offers business-specific features and benefits suited for work such as a single membership for all users on a business account, fast free business shipping on eligible items, ability to guide your users to certain selection, visibility into your company’s spend, and much more. Amazon Business no longer supports new Amazon Prime membership sign ups. Business Prime was designed for Amazon Business customers.

How can I pay for the Business Prime membership?