Advantages of Amazon Business Account - Know Industrial Engineering

Written By

Ananya Giri

Amazon Business is customized and adjusted to meet specific business needs. It provides advantages like tax-exempt purchasing, huge discounts on multi-unit purchasing, business-specific products and prices and many more. Business owners appreciate it because of the unique advantages of the Amazon Business Account. It can save you time and money and make your purchasing process more efficient. Let’s go on to find out more about the incredible benefits of Amazon Business.

Registration link provided at the end of this article.

What is Amazon Business Account?

Amazon Business provides expo to “hundreds of millions” of business products from “hundreds of thousands” of business sellers. However, it is highly similar to the standard Amazon in terms of appearance and functionality. On that note, Amazon business is now available in the US, UK, Germany, France, Italy, Spain, Japan and India

What is the difference between Amazon and Amazon Business Account?

Access to millions of products, bulk savings offered to corporate clients, and various unique services are available through Amazon Business. However, some retailers impose access restrictions on specific products because of competition, regulations, or other issues.

Amazon Business offers managers options to track their company spending and special discounts on big orders of qualifying items. In short, spend statistics, procedures for approval and multi-user accounts are all included.

Amazon business provides GST invoices, for any purchases made for business purposes using an Amazon Business account to the owner. As a result, they can claim a GST input tax credit and enjoy savings of up to 28% on their purchases.

Significant features of the Amazon Business account

Here are some unique features of Amazon Business that make it distinctive from an ordinary Amazon marketplace:

Business-only prices: The business owner will find more than five million products available at discounted prices. In addition, It includes quantity reductions for multi-unit purchases.
Business-only products: Find particular items for your business. Because, Amazon Business offers everything from cleaning to office supplies, from restaurant supplies to healthcare.
Seller credentials: You can explore and buy from business sellers on Amazon Business. However, they have to meet specific criteria, such as small businesses, women-owned businesses, and businesses run by underrepresented groups.
Multi-user accounts: Your entire staff can be connected after you open a free Amazon Business account. Besides, you can establish purchase groups that correspond to your organisational structure.
Approval workflows: You can set expenditure caps and modify order approvals to track the company’s purchasing.
Purchasing cards: With a small group of users or your entire staff, you can generally share payment methods. Additionally, you can obtain AmazonCorporate Credit, which allows for purchase order payment.
Integrate purchasing systems: It is possible to allow clients to punch out through Amazon. More than 90 platforms support Amazon Business as a catalogue.
Business Prime: On eligible purchases, subscribers receive free same-day, one-day, or two-day shipping, as well as a few other perks.
Consolidated deliveries: A pallet will be delivered to your receiving dock if an order is eligible for a compact delivery.
Reporting and analytics: Utilise helpful charts to keep tabs on your spending.
Tax-exempt purchasing: Register with the Amazon Tax Exemption Program if your business qualifies for tax-exempt purchases.

How does the Amazon Business account work?

There isn’t a front-facing Amazon Business storefront; you can’t access it by typing a URL into your browser. Instead, to browse Amazon Business and all its offers, you must first create a free account and sign in (link shared end of this article).

Step 1 – Account and business settings

First of all, you have to sign up for the Amazon Business account which is absolutely free of cost. Then you will be able to access a drop-down menu depending on your account preferences. Besides, you will also have access to –

Business settings. Through this you will be able to add new members, customise payment options, set up approval workflows and submit tax release data),
Business analytics. It will let you track the reports, invoices and line-item data.
Supplier management. Through this option you can search and save the suppliers whom you think the best for your business.

Step 2 – Browse and shop

You can type a keyword or product number in the search bar to locate a specific item. You may filter your results on the left, exactly like you do on a regular Amazon account. Because this is Amazon Business, you can filter items by Business Prime eligibility, seller type, and seller certification (i.e., women-owned).

Step 3 – Place an order

A close resemblance exists between the ordinary Amazon checkout process and the Amazon Business checkout process:

Add an item to your cart.
Select if you want it to be a recurring delivery.
Go to your cart to preview your shipping information.
Select a payment method.
Place the order.

Advantages of having an Amazon Business Account:

Some of the main advantages of Amazon Business Account are:

1. Price savings and shipping choices:

For its business members, Amazon Business offers pricing reductions and shipping benefits. In addition, owners of accounts are eligible for discounts on multi-unit purchases and price savings on millions of commercial goods. And they have the ability to compare costs across different suppliers.

2. Payment options:

The decision to make individual or shared payments is up to you or another administrator of your Amazon Business account. However, Credit cards, the corporate credit line from Amazon, and debit card methods can be used jointly. Moreover, any qualified business account user may decide to make purchases on your behalf using the payment method.

3. Benefits for small businesses:

Under the Amazon Tax Exemption Program, numerous firms can avoid paying taxes (ATEP). To determine your eligibility for the programme, Amazon provides a tool. Using this programme, you can make eligible purchases from Amazon while maintaining your tax-exempt status.

You will receive a thorough rundown of the Amazon Corporate service. In particular, consumers willing to make large purchases for their own company or on behalf of a business organization can use this.

If you haven’t yet created an Amazon Business account, you should do it immediately. You may simplify make your company purchases by opening a free Amazon Business account (link shared below). Because, it gives you access to more than 16 crore products across categories, quantity discounts, and GST invoices for your transactions.

If you are interested to register for Amazon business account please do it through below link, so that we shall earn some commission from amazon.

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