If you want to start reselling as a side job, then an Amazon Business Account is a great way for you to get started. As a business owner, you know that it can be difficult to keep up with all the different aspects of your business. That’s why having access to an Amazon Business Account is so important.
When it comes to running a successful business, having the right tools and resources at your disposal is essential. With an Amazon Business Account, businesses can access a wide range of products and services designed specifically for their needs. From bulk discounts and flexible payment options to dedicated customer support, there are countless advantages to using an Amazon Business Account.
In this guide, we’ll take a closer look at the pros and cons of using an Amazon Business Account, so you can decide if it’s the right choice for your business.
What is an Amazon Business Account?
An Amazon Business account is a free account for businesses that allows them to shop for business supplies on Amazon.com. Businesses can use their Amazon Business account to purchase from tens of millions of products available on Amazon.com, including products sold by third-party sellers. With an Amazon Business account, businesses can enjoy features such as business-only pricing, bulk discounts, and free two-day shipping on eligible orders.
If you’re a small business owner, an Amazon Business account could save you time and money.
Amazon Business Account: Advantages
Amazon Business is a way for businesses to shop on Amazon.com. With an Amazon Business account, businesses can enjoy exclusive pricing, bulk discounts, and free shipping on orders over $49. Plus, with an Amazon Business account, businesses can take advantage of other features like Analytics and Requisition Lists. Here are other advantages you can experience when you have an Amazon Business account:
1. Access to business-only pricing and quantity discounts
If you’re looking to resell products on Amazon, an Amazon Business account is a great way to get started. With an Amazon Business account, you can browse through the vast selection of products available on the site and find reselling products that you can sell for a profit.
With Amazon Business, you also get exclusive pricing on products and services that are only available to businesses, allowing you to save money on your purchases. With Amazon’s tiered pricing structure, businesses with an Amazon Business account can access additional discounts that offer up to 30% off select items. These savings can add up quickly and help businesses save money on their purchases.
And if you’re buying in bulk, you can take advantage of volume discounts that are even more impressive. With these discounts, you can buy in bulk and stock up for the future, so you don’t have to worry about running out of important supplies or materials.
2. Multiple users under a single account
Amazon Business Prime allows you to manage multiple users under a single account. This makes it easier for businesses to better control and monitor their spending. With the ability to assign different roles and permissions for each user, you can ensure that only approved purchases are made and that your budget is better managed.
Here are other benefits of having multiple users:
- You can set up spending limits or specific rules for each user, giving you greater control over how much of your budget is being spent on Amazon Business Prime purchases.
- You can easily track who has ordered what and when. This makes it easy to keep an accurate record of all purchases made, so you can quickly identify any discrepancies or unauthorized orders.
- You can group all of your users into a single billing entity so that all purchases are billed to one place, making it easier to keep track of spending and stay on top of budgets.
- You can make sure everyone in your organization is taking advantage of the available discounts and offers, helping your company save money on essential items.
3. Streamlined ordering process
Thanks to the Amazon Business account, businesses can dramatically reduce their paper-based processes for issuing purchase orders, approving purchases, and tracking the delivery. This streamlined ordering process also helps with managing stock levels and inventory control.
Amazon Business also provides an organized system for keeping track of all orders placed. The ‘Order History’ feature lets you view past orders quickly and easily. This eliminates the hassle of having to search through emails or paper records to find out what was ordered and when it was delivered. Furthermore, Amazon Business offers a consolidated billing statement that includes all the items purchased in one transaction. This makes it easier for accounting procedures as well as budgeting for future purchases.
4. Business Prime Shipping for fast, free shipping on eligible orders
Business Prime Shipping is an exclusive shipping plan that gives businesses access to free, two-day shipping on eligible orders. This means that businesses don’t have to worry about paying extra for expedited shipping and can get their orders delivered quickly and reliably.
Here are other advantages of having Business Prime Shipping:
- The ability to customize their delivery requirements and preferences. Businesses can choose from delivery options like same-day, one-day, two-day, and standard shipping. This means that businesses can tailor their delivery needs to meet their specific business needs.
- The ability to take advantage of Amazon’s other business services. With a Business Prime Shipping account, businesses get access to Amazon’s range of business services such as Amazon Marketplace and Amazon Web Services. These services can help businesses grow by expanding their reach and providing additional ways to generate revenue.
- Access to exclusive deals and discounts that are not available to regular customers or non-business members. This means that businesses can save money on products and services they need while still getting the best quality products available.
In conclusion, having a Business Prime Shipping account provides many advantages for businesses looking to save time and money when it comes to shipping products. With free two-day shipping on eligible orders and access to exclusive deals and discounts, this service can help any business stay competitive in today’s marketplace.
Comparison: Amazon Prime & Amazon Business Prime
If you’re thinking about signing up for an Amazon Business account, you might be wondering what the difference is between a regular Prime account and a Business Prime account. Here’s a quick overview:
|Free 30-day trial||✅||✅|
|$69/year 1 user|
$179/year 3 users
$499/year 10 users
$1,299/year 100 users
$10,099/year 100+ users
|Free two-day shipping on eligible items||✅||✅|
|Access to Prime Video, Prime Music, and other Prime perks||✅||❌|
|Access to Amazon WorkDocs, Guided Buying, Spend Visibility||❌||✅|
With a regular Prime account, you get free two-day shipping on eligible items, as well as access to Prime Video, Prime Music, and other Prime perks. With a Business Prime account, you also get free two-day shipping, but you can also take advantage of business-specific features like volume discounts and the ability to create multiple users within your organization.
So which one is right for you? If you’re just looking for personal use, a regular Prime account will probably suffice. But if you’re planning on using Amazon for business purposes, a Business Prime account will give you the extra features and benefits you need to succeed.
5. Flexible payment options, including purchase order financing
To make things even easier, you can pay with a variety of methods on Amazon Business including:
- Credit or debit card
- Linked bank account
- Existing Amazon Payments balance
And if you’re a larger business, you can apply for an Amazon Business line of credit to get extended payment terms.
With Amazon Business, you can also set up payment options by purchase order financing. Purchase order financing allows you to use your existing purchase orders from your business to pay for your Amazon purchases. This can be a great way to save time and money on your purchases.
6. Amazon Tax-Exempt Program
The Tax-Exempt Program allows you to save money on taxes when buying products for your reselling business. Additionally, the Tax-Exempt Program allows you to easily track your purchases and keep track of your tax deductions.
If you are eligible, you can also add your tax exemption information to your account and enjoy tax-free shopping on all orders. This is especially beneficial for companies and organizations that have to provide their employees with necessary supplies or items regularly. By avoiding taxes, organizations can save a lot of money eventually.
7. Enhanced customer support features
With an Amazon Business account, you can take your customer support to the next level with enhanced features like 24/7 live chat, phone support, and email support. You can also set up automated reminders and notifications, so you don’t forget to respond to messages. With an Amazon Business account, you can focus on running your business while we take care of the customer support details for you.
8. Enhanced reporting capabilities
With enhanced reporting capabilities, you can now make informed decisions about your spending and usage that save you both time and money. With an Amazon Business account, you can:
- Easily track and analyze your spending patterns to ensure that you are getting the most value out of your business purchases.
- Monitor the performance of your suppliers and identify areas where you could save money.
- Have access to sophisticated reports such as purchase trends and pricing comparisons, so you can make informed decisions about which products to buy in the future.
Having all this information at your fingertips gives you greater insight into how to manage your business more effectively.
By taking advantage of these benefits, businesses can easily increase their savings while streamlining their purchasing process at the same time!
Amazon Business Account: Disadvantages
While there are numerous advantages to having an Amazon Business Account, it is important to note that there are also some potential disadvantages.
- The cost associated with it. Depending on your plan, the fees and costs can quickly add up, and these costs must be taken into account when comparing different business plans. Additionally, if you do not use your account consistently, you may end up being charged for unused services or products.
- It can be difficult to manage. There are numerous features and options that must be navigated in order to take full advantage of what the account has to offer. This can be especially difficult for those who are not used to dealing with online accounts or who do not have a lot of experience in setting up and managing their own businesses.
- The issue of privacy. While Amazon does its best to ensure that customer data is secure, there have been reports of security breaches in the past. As such, it is important to understand how your data is stored and protected before signing up for an Amazon Business Account. Additionally, it should be noted that some personal information may need to be provided in order for certain features or services on the account to work properly.
While there are advantages to having an Amazon Business Account, there are also many drawbacks that should be taken into consideration before setting up this type of account. As with any business decision, it’s important to weigh the pros and cons before making a commitment. By understanding all aspects of the account, businesses can make an informed decision about whether or not an Amazon Business Account is right for them.
Differences between an Amazon Business Account and a normal account
With a Business account, you’ll have access to special benefits and discounts that you won’t find with a normal account. Here are some of the key differences between the two accounts:
- No annual fee: With a Business account, you won’t have to pay an annual fee like you would with a normal account. This saves you money each year that you can put towards other things for your business.
- Discounts on Amazon Prime: If you have a Business account, you’ll get discounts on Amazon Prime membership. This is great for anyone who uses Prime regularly for their business as it will save you money each year.
- Discounts on shipping: When you use Amazon’s fulfillment services for your business, you’ll get discounts on shipping costs. This is another great way to save money on your business each year.
- Enhanced customer service: If you need any help or support with your Amazon Business account, then the customer service team is there to assist you. They’re knowledgeable about all things Business related and will be able to help answer any questions or concerns that you have.
How to get started with an Amazon Business Account
If you’re selling products on Amazon, you may want to consider opening an Amazon Business Account. With an Amazon Business Account, you’ll have access to exclusive features and benefits that can help you grow your business.
Here’s how to get started with an Amazon Business Account:
- Go to the Amazon Business website and click the “Create Your Amazon Business Account” button.
- Enter your business information, including your business name, address, and contact information.
- Choose the account type that best fits your business needs.
- Follow the prompts to complete your account setup.
Once your account is created, you can start taking advantage of all the features and benefits Amazon Business has to offer.
Can you upgrade an already existing account?
Yes, absolutely! If you already have a personal account with Amazon, it’s easy to upgrade to a professional seller account. All you need to do is visit the Amazon Business Seller page and click ‘Upgrade’. You will then be asked to fill out details about your business to get verified. After that, you can start selling products on the Amazon Business platform and take advantage of all the benefits it offers.
Conclusion: Should you get an Amazon Business Account?
Absolutely! If you’re running a business or considering it, having an Amazon Business Account is a great way to get the most out of your online shopping experience. With access to exclusive discounts, tax-exempt status, and access to millions of products, there’s no reason not to give it a try. Plus, with the ability to manage multiple users and track spending across your organization, you can easily keep tabs on your purchases. So go ahead and get yourself an Amazon Business Account today – you won’t regret it!
Still not convinced if Amazon is the best reselling platform for you? Check out our guide on the comparison of the best reselling platforms. Here we compared the top reselling platforms, so you can decide which one is right for your needs.