What are the benefits of Amazon Business?

Amazon Business is a one-stop destination for all your office purchases. The program is good for business owners because it covers their purchase needs and improves their company’s purchase system. Most companies don’t have a well-defined purchase process and Amazon Business offers a simple and easy-to-track process to manage company purchases. 

The key challenge that most businesses face while making purchases is to keep track of who bought what and at what price. Additionally, businesses want hassle-free purchases where they don’t need to worry about product quality and returns or product delivery.

Additionally, many businesses want to purchase in bulk and they seek better discounts. How can they have better buying options? 

With all the issues outlined above, Amazon Business works as a free Business to Business (B2B) marketplace that offer business owners the power of Amazon. 

What is Amazon Business?

Amazon Business is a purchasing solution for a business of any size. It is used to make purchases for your business. It is different from a personal Amazon account. You need a GST number to get started with Amazon Business as a buyer. You can add multiple users to the business account so that at end of the month or time period, you can check consolidated purchases done by each member of the team.

With Amazon Business, upon placing an order, products will be delivered to you anywhere you want, with the unmatched speed of Amazon logistics The main administrator can authorize users to enroll them in the program. 

Key Benefits:

Let’s explore some of the key benefits of using Amazon Business.

1. Multi-User Accounts:

You can manage multi-user accounts with Amazon Business. With this feature you can decentralise your purchase and increase speed of purchasing system.

2. Fast Delivery of Products:

Being a business owner, one key requirement is to get your purchase goods. With Amazon Business you get the confidence of Amazon fast delivery. You can manage exactly how and where your purchases are delivered to your business

3. Compliance:

Define purchase rules for your company and ensure all users who access the Amazon Business Account follow those rules. So, Make your purchases compliant by enforcing restrictions as per your organizational policies. The admin and users have the ability to create and manage purchase orders, approval workflows, and more.

4. Tax Credits:

You can buy goods only from sellers who offer GST Invoice and as such get ITC (Input Tax Credit) for your business. Credit received is like money saved.

5. Business Pricing and Quantity Discounts:

Amazon encourages seller to offer lower business pricing and quantity discounts for business purchases. These special offers are available only to business users.  So, you are assured that you are getting best price for goods you purchase and save much more than a retail buyer.

6. Reports:

Amazon Business Analytics allows you to know what is being purchased, the time of purchases, and the amount spent on it. You can track the your purchase costs with charts and other info-graphics and can compare the Year-on-Year (YoY) growth.

Conclusion:

Amazon Business is there to make your purchasing sweet and fun! We hope using Amazon B2B marketplace, will not only save you some money but also make your purchase system better.

Follow these best selling hacks to improve you Amazon Business in 2021.