With Amazon Business Prime, you have access to an exclusive network of purchasing specialists who can assist your sales team with all aspects of buying on Amazon. Read on to learn more!
Amazon Business Prime is a new membership that provides fast, free shipping for all of your business needs. It's easy for administrators to enroll their employees in the program--and once enrolled, employees can get same-day delivery on millions of eligible items.
Amazon Business Prime is a business selling program that allows companies to create and launch a professional selling account without a storefront. Amazon Business Prime accounts support the same features and functions as standard Amazon Seller Central accounts but with additional tools, such as contract billing, Purchase Order management, and tax calculation tools. With Amazon Business Prime, you have access to an exclusive network of purchasing specialists who can assist your sales team with all aspects of buying on Amazon.
The Complete 2023 Guide to Amazon Business Prime is your all-in-one guide to the best way to start an online business on Amazon.
Table Of Contents
What is Amazon Business Prime in 2023?
Amazon Business Prime is a new membership program that helps you grow your business and improve your day-to-day operations. From unlimited free shipping on millions of items to fast and reliable delivery with Amazon Prime's comprehensive network of carriers to Prime benefits. Amazon Business Prime gives you the tools you need to move with more incredible speed – and get more done. You can get Amazon Business Prime at $69 per year for one user or $179 per year for three users.
Is Amazon Business Prime Free?
Amazon Business Prime offers a free 30-day trial to try it out and see if it's right for your business. If you upgrade to a paid membership, Amazon will automatically charge your card on the 1st of each month until you cancel your membership or downgrade it to a free plan. Amazon Business Prime is a membership that provides you with all of the same features as a paid membership.
How Much Does Amazon Business Prime Cost?
The annual fee for Amazon Business Prime differs based on the number of people who use it. For example, a single user will pay $69 each year for the service, while a trio will pay $179 for two years. The price rises to $499 annually for ten users or $1,299 for a maximum of 100 people. A business will pay $10,099 yearly for unlimited users.
Advantages of Amazon Business Prime
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Prime is a popular option for Amazon customers, but Amazon Business Prime makes it even better. With the subscription, you get all the benefits of regular Prime (like free shipping and access to Prime Video), plus some extras to help your business grow. Benefits of Amazon Business Prime:
1. Instant Customer Feedback
You can ask your customers for feedback on their experience with your products or services. They'll be able to rate their satisfaction with each interaction, so you can see how you're doing and where you can improve. This data will help you understand how to attract more customers and keep them happy once they've made a purchase.
2. Progressive Discounts
Amazon Business Prime gives you access to progressive discounts on eligible items—you'll pay less than non-Prime members when they buy multiple items from the same seller in one order. You'll also receive a discount when purchasing qualifying items through special offers like Lightning Deals or Black Friday Deals.
3. Extra Time To Pay For Their Orders
Prime members get an extra 30 days before payment is due on qualified purchases. It gives sellers more time to collect payments from their clients while still paying on time by Amazon Business Prime.
4. Access to Amazon WorkDocs
Members can create documents through WorkDocs the same way google docs works and collaborate with colleagues within the platform.
Amazon Business Prime vs. Standard Amazon Prime: What's the difference?
The standard Amazon Prime membership offers many features, including free two-day shipping, video and music streaming, photo storage, and access to their Kindle lending library. However, the business version of Prime has some exclusive financial and software benefits that make it a better choice for businesses. It also provides discounts on business products.
The Business Prime subscription lacks a standard personal account's music, video, and grocery features. Business Prime costs $60 more than standard Prime.
How to Open an Amazon Prime Business Account
If you want to use Prime features, you'll need to open an Amazon Business account.
An Amazon Prime business account is a subscription service that gives you access to special perks and benefits for your business. You can use the account to track products sold and shipped, get discounts on shipping, and more. You can also create professional listings for your products, including a logo and product description.
You can establish a regular Amazon Business account and upgrade it to Prime by clicking "Upgrade" on the "Your Account" page. If you want to separate personal and commercial transactions, Amazon will verify that you operate a company.
What is an Amazon Business Prime Card?
If you're an Amazon Prime member, there's a new credit card just for you. The Amazon Business Prime card is an American Express card exclusive to Prime members who are business owners and have a Business Prime membership.
It is an excellent opportunity to earn 5 percent back on most Whole Foods and Amazon purchases. The card has a variable interest rate of 14.24 to 22.24 percent, with a higher rate of 24.99 percent applied to cash advances.
Is Amazon Prime Business Worth It?
One thing that's important to remember is that the cost of Prime memberships varies significantly based on what you do with them, so it's essential to compare the cost of these with how much you will have to pay if you get the Business Prime membership, even use the 30-day free trial and monitor your expenses for the month to check whether compare Business Prime with other commerce-oriented retail memberships,
For example, if you don't use Amazon for business purposes but are looking for ways to save money on everyday items—like food or toiletries—then getting an Amazon Prime membership might not be worth it for you. However, if you are looking for ways to save money on shipping costs or want access to various products from one place (and maybe even save some money), then getting an Amazon Prime membership may make sense for your business.
What is an Amazon Business Account?
Amazon Business is a free account that allows businesses of all sizes to buy and sell products on Amazon at special rates. It also allows businesses to make qualifying purchases without paying sales tax, offers special discounts on business-oriented goods, and provides additional benefits like streamlined shipping options and access to other services like Pickup Towers at locations worldwide.
With all these benefits, it's easy to see why so many businesses are switching over from other accounts to take advantage of everything Amazon Business offers.
How Does Amazon Business Work?
To sign up for an Amazon Business account, go through the process as if you were creating a new standard account and select "Business" as your type when asked which type of user experience would best suit your needs. You'll then have access to all of the same features as any other user but with some additional perks.
Can I Claim Amazon Prime as a Business Expense?
You can deduct the annual cost of a subscription from your taxable income. However, there are some important caveats to keep in mind.
It's generally possible to deduct the annual cost of a subscription from your taxable income, provided that you exclusively use the account for commercial purposes. You can consult the latest IRS rules to understand more about taxes.
Can the Amazon Prime Account Be Changed to a Business Account?
You can add Business Prime benefits to a personal account by subscribing to Business Prime Duo. Log in to your Amazon account, click on "Your Account," and then click on the "Manage" link in the upper right-hand corner of your screen. Look for a Business Prime logo in "Your Account" and click on the image on the next page. It will take you to your subscription page, where you can change its status from personal to business.
You can also create an entirely new Amazon Business account under the same email address as your account if you wish to avoid having two different accounts with different payment methods.
How to Cancel an Amazon Business Prime Subscription
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You can cancel your Amazon Business Prime membership by following the steps below:
Step 1: Go to the Amazon Business Prime page, and click the "Your Account" link in the upper-right corner.
Step 2: Click the "Manage" link next to your name, then choose "Billing & Payment Settings" from the drop-down menu.
Step 3: Scroll down until you see "Cancel Your Membership," then click to confirm that you want to cancel your account.
Can I Get a Refund When I Cancel Amazon Business Prime?
When you cancel your Amazon Business Prime subscription, you'll receive a partial refund for the remaining amount of your subscription if you use any of the Business Prime benefits. You can also request a full refund if you want to quit Amazon Business Prime entirely if you didn't use any benefits.
There's no need to contact customer service to get the refund since the website instantly displays any refund amount upon cancellation.
What is Amazon Business Prime Duo?
Amazon Business Prime Duo is a business account that allows you to use Amazon Business and personal accounts. It's limited to a single user, so it's not ideal if you have multiple people who need access to the account. The upgrade costs $69 annually, so it may not be worth it if you don't need the features that come with it.
Does Amazon Business Prime Include Video and Music?
Amazon Business Prime does not include the entertainment features of regular Amazon Prime. It means that you won't be able to stream TV shows and music videos, but you will be able to take advantage of the other features.
If you're looking for movies and TV shows, you'll need to upgrade to another service. However, if you want to use your business account for more than just shopping, Amazon Business Prime could be a good fit.
Amazon Business Prime does offer some work-oriented features such as progressive quantity discounts and a service called Instant Customer Feedback.
Does Amazon Business Prime Include Whole Foods?
Business Prime subscribers don't qualify for the Whole Foods Market benefits that members with personal accounts can receive, including their own $15 discount on select Whole Foods groceries and free two-hour delivery on orders over $35. They also won't get access to Amazon Fresh grocery deliveries for Business Prime users, which is one of the main reasons you'd want to sign up for a Prime account in the first place.
But suppose you're an Amazon Business subscriber who also has a personal Amazon Prime account. In that case, you should know that you'll still qualify for these and other personal benefits if you have a Business Prime Duo membership.
Bottom line
Amazon Business Prime is a crucial part of Amazon's strategy to become the go-to marketplace for businesses. It's a great deal for small and medium-sized companies, and it gives them access to a vast array of business products that can help them grow their operations.
Amazon Business Prime is the best way to save money on the products you need to keep your business running smoothly. Whether you're looking for office supplies, cleaning products, food service equipment, or any other product, Amazon Business Prime will help you get the best prices on everything you need.