In today’s fast-paced business environment, streamlining procurement is crucial to staying competitive. Amazon Business has become a robust solution, offering tools and features that simplify purchasing, save costs, and provide insights for informed decision-making. Since its launch in 2015, Amazon Business has grown rapidly, reaching $35 billion in annualised sales by 2023. Whether you’re exploring how to start an Amazon business or looking to optimise operations, an Amazon Business account provides unique features tailored to business-specific needs.
What Are the Advantages of an Amazon Business Account?
From exclusive price savings to bulk purchasing and analytics, Amazon Business offers more than just access to millions of products. Here’s why an Amazon Business account is worth considering for organisations of all sizes.
1. Exclusive Price Savings and Shipping Benefits
One of the top benefits of an Amazon Business account is the ability to access business-only pricing on a wide range of products, with discounts tailored for bulk purchases. This can significantly reduce costs for businesses making frequent or high-volume orders, whether they need office supplies, industrial equipment, or specialised tools.
In addition, Business Prime members enjoy free shipping on eligible orders, which can be one-day or even two-day delivery. This helps businesses reduce shipping costs while ensuring they receive essential supplies promptly, keeping operations running smoothly.
2. Bulk Pricing and Quantity Discounts
With Amazon Business, businesses benefit from Quantity Discounts, offering tiered discounts that apply even for orders as small as two units. For larger single-SKU purchases(over $10,000 or more than 999 units), companies can leverage features like Request for Quote, allowing them to negotiate better pricing on high-volume orders, potentially saving thousands of dollars.
For organisations with recurring purchasing needs, Amazon Business offers Recurring Delivery options, providing up to an additional 15% discount on frequently ordered items. These bulk pricing options allow businesses to keep costs down while ensuring they have enough inventory on hand.
3. Simplified and Intuitive Ordering Process
Amazon Business makes ordering straightforward with features like Reorder Lists and Business Lists, which allow businesses to customise lists for essential items, saving time on manual reordering. With an interface similar to Amazon.com, business buyers can onboard quickly and easily.
Additionally, Amazon Business supports responsible buying for sustainability-conscious businesses through Guided Buying, available to Business Prime members. This feature enables buyers to filter and select products and sellers with sustainability certifications or local vendor status, empowering organisations to align purchases with their specific procurement policies.
4. Tax-Exempt Purchasing with Amazon Tax Exemption Program
Eligible organisations, such as non-profits and government agencies, can register for the Amazon Tax Exemption Program (ATEP), allowing for tax-free purchases on qualifying items. This can make a significant difference in reducing operational costs for organisations that need to adhere to strict budget constraints.
5. Advanced Insights with Amazon Business Analytics
One of the standout features of Amazon Business is its Business Analytics tool, available to all account holders. With this tool, businesses can access automated reports that analyse spending patterns, providing insights that aid in budgeting and procurement planning. For Business Prime members, Spend Visibility offers custom dashboards powered by AWS, giving a deeper look into where funds are allocated.
This level of insight can help businesses spot spending trends, adjust purchasing strategies, and negotiate better terms with suppliers.
6. Seamless Integration with eProcurement and Accounting Systems
Amazon Business supports integration with over 100 eProcurement solutions, allowing businesses to streamline their purchasing workflows. For businesses relying on systems like Coupa or SAP Ariba, Amazon Business offers Punch-In and Punchout capabilities for smooth, secure purchasing.
The advantages of an Amazon Business account extend far beyond what a regular Amazon account offers. From exclusive pricing and bulk purchasing options to the integration of powerful tools like Amazon Business Analytics, it’s tailored for businesses seeking efficiency and cost savings.
Amazon Business goes beyond the capabilities of a regular Amazon account, offering features like exclusive pricing, bulk purchasing options, and powerful tools for managing procurement. The platform serves over 6 million customers, including 96% of Fortune 100 companies, providing tailored solutions that meet diverse industry needs. With the added benefits of tax exemptions, analytics, and eProcurement integration, Amazon Business is an invaluable tool for companies seeking efficiency and cost savings.
Amazon is the world’s largest e-commerce platform, offering businesses vast opportunities for growth. If you want to expand and grow, Amazon is the best place for you! When you’re ready to elevate your business, Lezzat is here to help. We’re a dedicated e-commerce marketing agency founded by experienced Amazon sellers who know the platform inside and out. With a proven track record working with top consumer brands and innovative start-ups, our team is equipped to guide you through. Reach out to us today.
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