Small Business 101
Small business 101
Great reasons to buy your business supplies through Amazon Business
Amazon Business is reshaping the purchasing process. Learn how you could benefit from Amazon Business.
Joseph Campagna
Aug. 15, 2022
4-minute read
We recently surveyed 492 small business owners across Canada. Twenty-nine percent felt discounts or wholesale club memberships would be helpful for their business. Three out of 4 (75%) cited Costco as desirable and nearly 2 out of 3 (64%) showed an interest in Amazon Business.
Whether shopping for home or work, people value Amazon for its convenience, selection and savings. Amazon Business was created because businesses and organizations, from sole proprietorships to large enterprises, governments and schools, have different needs compared to individual buyers.
Amazon Business has a business-relevant selection of goods, innovative tools and features like Business Prime, which help organizations of any size simplify their buying process and focus on their next stage of growth.
Millions of business customers from industries around the world purchase on Amazon Business, including:
- 55 of the Fortune 100 companies
- More than half of the 100 largest U.S. hospital systems
- Over 40 percent of the 100 most populous local governments in the U.S.
The familiar experience of Amazon
Amazon’s user-friendly shopping experience makes Amazon Business an easy choice for businesses and organizations. New users can onboard quickly and can easily compare products and prices from multiple sellers. Personalization powered by machine learning lets Amazon make recommendations based on past purchases, making ordering goods easier and faster.
You can make purchases for work on the Amazon Shopping mobile app, using your Amazon Business account. It’s similar to shopping for personal items. This seamless experience helps you save time by placing orders on the go. You can also benefit from Amazon’s industry-leading fulfillment and delivery service, with options for free, one-day or two-day shipping on eligible orders.
Added features for modern procurement
Amazon Business has unique features that make it a superior procurement solution for businesses and organizations.
- Business selection.Opens in a new window. Find hundreds of millions of business-relevant products, from office supplies to professional-grade equipment specific to your industry
- Discounts.Opens in a new window. With costs rising due to inflation, business owners can expect some relief with business-only prices, deals and bulk discounts. Plus, get up to an additional 10 percent off when you select Recurring Delivery on eligible items. You can also use Quantity Discounts to get price discounts in up to five quantity tiers and request special prices on larger orders.
- Account management.Opens in a new window. Multi-user business accounts offer flexible ways to manage purchasing. Create purchasing groups, add administrators, set permissions and enable approval workflows.
- Shipping and delivery.Opens in a new window. In addition to fast, free shipping on millions of eligible items, you can set delivery preferences to receive eligible orders when and where it is most convenient.
- Reorder lists.Opens in a new window. Save time with Reorder Lists that let you quickly re-order the items you buy the most. Create lists of your frequently purchased products. Then organize, sort and prioritize the lists, and share them with team members.
- Payment options.Opens in a new window. Choose from multiple payment methods and share them across groups. Plus, you could collect travel rewards for your business purchases when you pay with a CIBC business credit card.
- Analytics.Opens in a new window. Review spending, monitor activity and automate reporting with Amazon Business Analytics. Transaction details on your business purchases make expense reconciliation easy.
- Business Prime.Opens in a new window. This membership program is separate from Amazon Prime. Business Prime offers unlimited free shipping on eligible orders. Other benefits include Spend Visibility, which lets you create custom visual dashboards. You can also use Guided Buying to direct your team to the products and sellers that comply with your organizational purchasing goals.
To learn how businesses and organizations are using Amazon Business to make buying simpler, read customer success storiesOpens in a new window..
Reshape your business buying with Amazon Business
- Save up to 10% with business-only prices on over 12 million products
- Get fast, free shipping on eligible orders of $35 or more across Canada
- Access time‑saving features that help you run your business better
- Enjoy exclusive Amazon Business offer for CIBC Business Credit Card clients
- To discover more savings and learn how you can streamline your operations with our products and solutions, register for a free Amazon Business accountOpens in a new window..
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Written By
Joseph Campagna
Joseph Campagna is a CIBC Business Banking professional with expertise in deposits, cash management and credit. He has extensive experience developing relationships, providing advice and helping Business and Commercial Banking clients achieve their financial goals.