What Is Amazon Business Prime? (Cost, Benefits, and More!)
If you’re an entrepreneur, business owner, or just someone who likes to save money on office supplies and other business-related items, then Amazon Business Prime is definitely something you’ll want to look into! This post will tell you everything you need to know about Amazon Business Prime – from the cost and benefits of membership to the types of deals and discounts you can expect. Keep reading for more information!
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What Is Amazon Business Prime?
Amazon Business Prime is a membership program designed specifically for businesses. With an Amazon Business Prime membership, businesses can enjoy exclusive benefits such as free shipping on eligible orders, various discounts, special payment methods, no sales tax on eligible items, Amazon WorkDocs, credit cards, and more.
Is Amazon Business Prime Membership Free?
Unfortunately, no – there is a yearly Prime Business membership fee associated with Amazon Business Prime.
However, a free 30-day trial is available for those who want to try out the program before committing to it. With the free trial subscription, you can gain access to the same features as a paid membership. And if you decide you like it, you can always sign up for a paid membership later on!
However, you will have to pay the monthly subscription fee at the end of each month to keep using Business Prime.
How Much Is Amazon Business Prime?
The annual subscription fee for Business Prime is based on the number of your account users.
Business Prime’s yearly subscription starts at $69 for one user and increases incrementally based on the number of additional users included in your account. However, this type of account requires an annual personal Prime subscription, costing a total of $188 per year.
The alternative option is to pay $179 annually for a separate Business Prime membership that allows a maximum of three users.
That the price per year will rise to $499 for a limit of 10 users or $1,299 if your company wants 100 people to have access to Amazon Business Prime. If you’re willing to spend yearly fees of $10,099, then there is no maximum number of users for your organization.
So, if your company sells items on Amazon, then the Business Prime membership can help give sales a significant boost.
What Are the Perks of Amazon Business Prime?
As we’ve mentioned before, there are numerous benefits that come with an Amazon Business Prime membership. Amazon Business Prime members can enjoy the following features.
Fast and Free Business Delivery
One of the best perks of having an Amazon Business Prime membership is free same-day business shipping on eligible items! This can be a huge time and money saver, especially if your business relies on quick turnaround times. Not to mention, you can still get access to unlimited free two-day shipping on over 100 million different items.
Instant Customer Feedback
Another great feature of Amazon Business Prime is the ability to get instant feedback from customers with the help of Instant Customer Feedback (ICF). It’s a program that helps companies collect customer feedback through various channels, including email, apps, and websites.
This feature allows businesses to quickly and easily see what customers think of their products or services. This can be extremely useful for getting insights into customer satisfaction levels and improving the overall quality of your business.
The prices of ICF plans, if purchased without a membership, differ each month and range from $0 up to $449.
Progressive discounts are an Amazon Business Prime membership perk that allows businesses to get more discounts the more they spend. With this perk, you can increase your savings when your company buys more overtime.
A business with a Prime account is eligible for discounts on certain items depending on how many their organization purchased in the last year. With this system, your company pays less for a product per unit the more units it orders within 12 months.
Extended Payment Terms
Another great perk of being an Amazon Business Prime member is the ability to take advantage of extended payment terms. This means that businesses can choose to pay for their purchases over a longer period of time, which can help with cash flow management.
Amazon Business customers who are subscribed to Business Prime can pay up to 60 days after they purchase items, compared to the usual 30. Keep in mind, though, that factors such as account number of users and credit history will affect eligibility.
Better Spending Control
Amazon Business Prime members can also enjoy better spending control with the help of a feature called Guided Buying. It’s a tool that helps businesses keep track of their spending and make more informed purchasing decisions. This feature allows businesses to set spending limits, track purchase history, and get tailored recommendations.
With Guided buying, you can set rules that either limit the items your staff can order or incentivize them to purchase specific types of products. This can be extremely helpful for keeping business spending in check and avoiding overspending.
Amazon WorkDocs Access
Amazon Business Prime members also get access to Amazon WorkDocs. It’s a cloud-based storage and collaboration service that lets businesses securely store, share, and edit documents online. It’s a great way for businesses to manage documents and stay organized, especially if they have a lot of employees working remotely.
WorkDocs usually has a per-user monthly access fee of $5 if you purchase it outside of Prime.
Businesses can also take advantage of a feature called Spend Visibility. It’s a tool that gives businesses insights into their spending patterns and trends, as well as access to data filters and KPI management. With this feature, businesses can see where they’re spending the most money and find ways to save.
Another great benefit of Amazon Business Prime is the ability to take advantage of exclusive offers and deals. As a member, your business will have access to a variety of deals, including discounts on business products, services, and more. This includes well-known and trusted third-party partners such as GoDaddy, Gusto, McAfee, Prudential, Next Insurance, and H&R Block Advisors.
What Is the Difference between Prime and Business Prime?
While both memberships have a lot of great benefits, there are some key differences between the two.
Business Prime is a members-only program from Amazon Business, created exclusively for businesses. Amazon Business offers you the same selection, convenience, and value that you expect from Amazon, with added features that can help improve your operations and help you run your business better.
However, this Prime Business membership subscription does not include shopping and entertainment benefits such as Prime Day, Prime Wardrobe, Prime Video, Amazon Music, Prime Reading, or Prime Gaming that are included in a standard personal Amazon Prime account.
Lastly, if you were to compare the annual prices of both Prime and Business Prime memberships, Business Prime costs $60 more than other similar services.
If you’re interested in signing up for an Amazon Business Prime account, you need to create a free Amazon Business account and then update it to a Prime account. You can visit the Amazon Business website and click on the “Create a free account” button to create an account.
From there, you’ll be asked to enter your business information, such as your company name, address, and contact details. Once you’ve entered all the required information, you’ll be able to choose your payment method and finish creating your account.
Once your account is created, you can then upgrade to Business Prime by clicking on the “Upgrade to Business Prime” button on your account page.
You’ll be asked to enter your payment information and select a subscription plan. After completing the sign-up process, you’ll be able to start using all the benefits of Amazon Business Prime immediately.
What Is the Amazon Business Account?
The Amazon Business Account is a free account that will allow you to use Business Prime or purchase commercial items without needing a Prime membership.
The business ownership perk provides a handful of amazing benefits, like being able to buy qualifying items without paying sales tax. Plus, you get access to special membership discounts on company purchases, especially when you buy large quantities.
What Is the Amazon Business Prime Card?
The Amazon Business Prime Card is an exclusive card that’s designed specifically for Business Prime members. It offers a variety of benefits, such as 5% back on Amazon Business purchases, 2% back at gas stations, restaurants, and office supply stores, and 1% on other purchases.
Note that the average interest rate on purchases will vary, 17.99% – 25.99%, depending on your creditworthiness and other factors as determined at the time when you open your account.
Can I Switch My Amazon Prime Account to a Business Account?
If you want to add Business Prime perks to your personal account, you’ll need to subscribe to Business Prime Duo. However, keep in mind that you’ll still need a separate Business account (as mentioned earlier).
In order to make the changes you desire, go to Amazon Business and log in with the email address that is linked to your Amazon account. Once you are logged in, find the Business Prime logo under “Your Account” and click on it. After clicking on the image, look for a link that says “Manage Your Membership” click on this. The final step is actually changing your membership status from here.
What Is an Amazon Business Prime Duo?
The Amazon Business Prime Duo is a membership that gives you the best of both worlds by adding Business Prime Duo benefits to a personal Prime account.
While only one business user can use this account, it’s a great deal for small businesses. The annual upgrade fee is only $69, which means you’ll save $110 compared to the cost of having separate personal and commercial memberships.
How to Cancel Amazon Business Prime?
If you decide that you no longer want to use Amazon Business Prime, you can cancel your subscription at any time.
To do so, simply log into your Business Prime account and choose the “Manage” option. From there, scroll down the page and find the “Cancel” option. If you select this option, the system will prompt you to confirm that you want to cancel your subscription.
Can I Receive a Refund on My Amazon Prime Membership?
If you cancel your membership and have not used any benefits, you may be eligible for a refund. However, if you have utilized membership benefits after paying the final fee, Amazon will not provide you with a full refund. This includes taking advantage of free shipping or special discounts on purchases.
The website will automatically refund the customer upon cancellation, so there is no need to contact customer service.
Can I Claim Amazon Prime as a Business Expense?
You can write off Amazon Business Prime as a business expense if you have a receipt. This is because it is considered a subscription service. To do so, simply save your receipt and include it when you file your taxes. You can deduct the full cost of the membership fee, as well as any associated taxes.
However, you may only do this if you use the account specifically for commercial purposes. Make sure to check the latest IRS rules and talk to a professional tax accountant before taking any further action.
Does Amazon Business Prime Have Video and Music?
Amazon Business Prime does not include access to video or music. These benefits are reserved for personal Prime memberships. Instead, Business Prime members get access to a variety of business-oriented features and benefits, such as free two-day shipping on business purchases and exclusive deals and discounts.
Does Amazon Prime Business Have Whole Foods?
Sadly, no. The Whole Foods discount is reserved for personal Prime memberships. Furthermore, Amazon has also eliminated Amazon Fresh grocery deliveries for Business Prime users.
If you have a Business Prime Duo membership, you’ll still qualify for these benefits and other personal ones.
Is Amazon Business Prime Worth the Money?
Well, this depends on how you plan to use it.
If you’re frequently using Business Prime services, think about the individual cost of those services and compare it to the flat monthly fee. This will help you determine if signing up for a membership is worth your while.
Additionally, you can use the 30-day free trial to monitor your expenses for the month to see if you are attaining any remarkable savings.
Also, if you’re trying to decide whether Business Prime is the right choice, compare it with similar retail memberships catering to businesses.
After you have all those things considered, you will get the answer to your question.
So, what is Amazon Business Prime?
It’s a great question with a simple answer: Amazon Business Prime is a subscription service that gives you access to exclusive deals, discounts, and other business-oriented benefits.
So, if you’re looking for a way to save money on your business purchases or simply want access to exclusive deals and discounts, Amazon Business Prime might be the right choice for you. Just remember to weigh out the pros and cons before signing up.
We hope this article was helpful. If you have any further questions, feel free to leave us a comment below. Thank you for reading!