Amazon for Business: Worth it?
Updated: Dec 8, 2020
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Amazon needs no introduction. This retail behemoth has completely changed online retail, setting new standards for others that want to break into this space. But is their dedicated product businesses worth using? We answer this question below.
What is Amazon for Business?
Amazon launched Amazon for Business as a tool to help secure them the vast sum spent by businesses on everyday items. Fundamentally, it works the same as the standard Amazon platforms but introduces a number of tools that can be used to manage purchases and save cash.
Positives and Negatives
Key features of Amazon for Business include...
Paying for purchases via invoice
Reduce costs with easy access to competitive pricing
Manage company spend with one, multi-user account with built-in controls
Receive and download VAT invoices
Get super-fast, unlimited and free shipping on all qualifying products
Simple and easy reconciliation
Improve cash flow with net 30 days to pay after shipping
Simple, easy returns process
So what are the downsides?
If you are a business that regularly buys supplies from Amazon or buys products that you could get from Amazon as a better price, then it is well worth getting yourself an account.
How much does it cost?
Creating an Amazon Business account is (currently) absolutely free.
However, if you want to take advantage of the bigger benefits like free delivery then you need to purchase a Business Prime account which starts at £80/year excl VAT.