To shop for business supplies, Amazon business offers great purchasing solutions for registered businesses and their employees. It offers great customizations too, to suit your every business needs. And the good news is it’s free if you steer clear from Business Prime.
Here in this article, we’ll show you how to join Amazon Business and what benefits you’ll enjoy with your business membership. So, let’s begin.
The Procedure for Joining Amazon Business
For registered businesses, joining Amazon business is free of cost. Here’s how to join it.
First, you need to go to their registration page to start the registration process.
You’ll be asked to enter your email and then your phone number for verification.
After you’ve verified yourself, you’ll be asked to enter your business details. You’ll need to keep these documents handy for this.
1. Business info
You’ll be asked to enter your legal business name and the address where the business is located. Provide all the necessary details correctly and also add any relevant details.
2. Tax Identification
You will then be asked to enter your tax identification number and your social security number. These details will vary according to your region. Provide relevant documents. For example, if your country doesn’t have a state tax system, you should only enter your federal tax information.
After that, Amazon will take at least 24 hours (72 hours maximum) to verify your business and activate your Amazon Business account.
3. Managing your Amazon Business Account
Once you are done with the verification process, sign in to your business account and go to account settings. There you’ll find an additional option labeled business settings. There you can set your preferences according to your business needs.
4. Managing Multiple Groups
You can set how many people you want to have access to your business account and to what extent they can control things.
To do it, you need to go to Business Settings and then select People. Then go to Members and select the person’s Amazon user name. You can also create a custom policy for your business group.
Difference Between Regular and Business Amazon
In short, there isn’t much difference between these two, at least from the user interface perspective. Visually, they are indistinguishable from each other. However, for Amazon Business, the focus is on the analytical administrative side, rather than on the search-and-find end in regular Amazon. The business tool in Amazon Business fosters more towards supply flow of goods in larger volume. And don’t forget the business-only pricing that is available only in the business version.
For users with business prime, they also offer features like guided buying and WorkDocs. And the great news is that if you want to try out Amazon Business Prime, you get a one-month free trial for it. after that, it’s 69$ for a year.
The most important benefit of Amazon Business is undoubtedly the tax exemption. To help you guide through the process, Amazon offers a tax exemption tool. Using that tool, you can apply tax breaks automatically when you place an order.
How Do I Setup My Amazon Small Business?
If you want to sell on amazon rather than buy for your business, the process is a bit different, of course. Before you start, you should know that Amazon charges you $0.99 for each item you sell. You can also opt for the professional plan that will set you back 39.00$ a month. That’s not all. Amazon also charges a percentage of your total transaction as a referral fee.
Create an Amazon Seller Account
To create a seller’s account, you’ll need the following documents
- International Credit Card
- Government-issued ID
- Tax Information
- A Bank Account
- Email and Phone Number
For successful selling experience, we recommend you do your research and come up with a marketing plan. Of course, nothing can beat competitive pricing.
Frequently Asked Questions and Answers
Can anyone get an Amazon business account?
Yes, because Amazon offers its business account service to any type of organization. During registration, in organization type, select self-employed and fill out all the details correctly.
Are Amazon businesses profitable?
Compared to other businesses, Amazon offers a higher profit margin. Amazon businesses are still profitable, especially if you start it as a side hustle.
Can I add Amazon business to my personal account?
No, Amazon recommends using your business email only, for your business account. You can seamlessly switch between the two in the Amazon app or webpage.
Final Thoughts
Amazon business or the Business B2B Prime is basically a free version of the regular Amazon which focuses solely on business. For the competitive price it offers, it is totally worth it. And when your business grows, you can assign multiple people to place orders for your business.