Opening up your Amazon Seller Central account today will show you information about Amazon Business. If you are one of the many Amazon sellers who cater to Amazon Business users, this is a great read.
“Pay by Invoice payments for your Amazon Business sales
Jul 2, 2018”
From June 30, you will receive your payment for Pay by Invoice orders as soon as Amazon receives the payment from the qualified Amazon Business buyers. If a buyer is late in paying, Amazon will guarantee the transaction, and credit your account on the seventh day after the invoice due date. Amazon handles all accounts receivable work for you free of charge. Qualified Amazon Business buyers can buy from anyone selling on Amazon using Pay by Invoice – it opens up your full product range to buyers who prefer to receive billing invoices for their orders.
Here’s more information about Amazon Business
Amazon Business provides its users purchasing solution for their registered business of any size. Each business can assign users that are allowed to go in and purchase business supplies on Amazon on behalf of their employer. The main administrator can add authorized users, or remove them, as needed, and can manage payment methods, shipping addresses, approval work flows, reporting options, etc. all based on the needs of the business.
“We provide easy access to hundreds of millions of products – everything from IT equipment to janitorial supplies – to businesses of all sizes and across industries,” said Martin Rohde, director of the commercial vertical at Amazon Business.
Amazon Business offers exclusive price savings options for its registered business members, as well as shipping benefits. Anyone with a business-user account can purchase via Amazon.com. Account holders receive price breaks on multi-unit purchases, general price cuts on millions of business products, and gives users the opportunity to compare prices from multiple sellers. You can even request quantity discounts from some sellers. [See Related Story: How to Make Amazon Prime Work for Your Business]
“We constantly hear from Amazon Business customers that our business-only prices across such a vast selection of products is key to solving their ‘tail spending’ challenges (money spent on non-planned or managed supplies, spanning a broad range of categories). Tail spend can be costly and time-consuming for businesses, as it often requires managing hundreds or even thousands of different suppliers,” Rohde explained.
As far as shipping goes, you can apply your existing Prime account to your business account at no additional cost, however, this is reserved for single-user business accounts. It comes with unlimited, free two-day shipping on eligible items. If you don’t already have a Prime shipping account, you can add one to your business account based on how many users or employees you have. Up to 10 users is $499 a year, up to 100 users is $1,299 per year, and more than 100 users is $10,099 per year. Also, you can sign up for a free 30-day trial.
Amazon Business is a great way to grow your business among sellers and a win among company procurement specialists. Amazon Business customers can benefit from great pricing and shipping from hundreds of suppliers in the marketplace, get their item on time with less amount of time-wasting compared to the traditional procurement process of dealing with suppliers selling outside Amazon.