Amazon is one of the leading platforms in the field of electronic commerce both within the Spanish market and internationally. One of the characteristics that makes it position itself so solidly is the diversification of its business model. And it is that among its services Amazon not only has a marketplace present in most markets in the world, but also offers streaming services with Prime Videoor data management in the cloud with Amazon Web Services.
Similarly, in the field of electronic commerce, the company is committed to offering different services that respond to specific needs. For this reason, to the original platform with a B2P business model, the company has added its own marketplace platform, Amazon Business, specialized in a B2B business model.
Amazon Business, a marketplace for freelancers, companies and SMEs
The difference between the purchase volumes of a personal account and a company account is considerably large and requires special attention. For this reason, the international retail giant developed Amazon Business, an online store service where self-employed professionals, companies or organizations can purchase the products they need to run their businesses or projects.
The platform offers a series of specific functions and tools that have allowed it to gain the trust of more than 5 million businesses worldwide, including more than 80 companies listed in the fortune 100
To sign up for this Amazon service, the process is very similar to that of your general marketplace, although you must have a company email. You sign up in less than 5 minutes and then you have to wait for your data to be verified, which can take up to 72 business hours. The service is completely free and does not require any kind of commitment or minimum billing from customers to maintain its validity.
It is also possible to convert a personal Amazon account to Amazon Business, in case the customer used their personal profile to make purchases for your company. As in personal accounts, this platform has a subscription service called Business Prime, which includes free and expedited shipping options, and a series of other tools and benefits.
What benefits does Amazon Business offer?
Being a service especially dedicated to professionals and companies, Amazon Business has different functions and advantages dedicated to facilitating and optimizing the purchase process for companies. These are the main ones:
cost savings
Amazon Business has a wide catalog of products with a special price for companies and offers discounts and offers that are managed based on the purchase volume of each product. It also has free shipping on purchases from €29 and deliveries in 24 hours, or scheduled in two-hour slots.
Control of expenses and invoicing
One of its main features is the automatic and detailed generation of tax invoices, facilitating the companies’ declaration processes. It also offers a purchase reporting system – including a breakdown with expense analysis – and a tax-exempt program that can be subscribed to.
Multi-accounts and integration with electronic purchasing systems
Within companies it is common for purchases to be made by more than one person, which is why the Amazon Business account allows you to generate various users so that each one can make purchases with a certain autonomy. Similarly, it allows you to restrict products, limit expenses and monitor the purchases made by each of the profiles, in order to maintain greater control over the company’s budget and its purchases. It also allows integration to the purchasing system with which the company works, which helps to create a more fluid and efficient experience.
payment flexibility
Purchases made on Amazon Business can be easily paid for using a debit or credit card, or even a bank transfer. But the real advantage in this aspect is the possibility of opting for a business line of credit, which offers a term of up to 30 days to make the payment of purchases.
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