Amazon launched a marketplace in April targeted at business customers, and today it revealed a few interesting statistics in an announcement about newly expanded business services in the UK.
– Amazon Business serves more than 90,000 business customers of all sizes in the UK. (In July, Amazon revealed it had over a million business customers in the US.)
– Amazon Business now serves five countries: the US, UK Germany, India, and Japan – “enabling businesses with international operations to streamline their purchasing, while enabling small business sellers to boost their B2B exports sales.”
– Half of all units sold on Amazon Business are from third-party businesses, with more than 30,000 sellers in the UK having accessed the Amazon Business Seller feature set. “This includes sellers who have adopted the VAT Calculation Service which on average helped increase their B2B sales on Amazon Business by more than 50 per cent within the first month.”
Note that sellers interested in adding products to Amazon Business can learn more here.
Amazon said it launched Amazon Business in the spring “to better serve the procurement needs of businesses.” The head of Amazon Business in the UK Bill Burkland told Business Insider today that companies using Amazon Business range across sectors, but it is seeing particular traction in education.
The new features announced in the UK on Tuesday include payment by invoice, VAT exclusive pricing and invoicing, and opening to Coupa Open Buy users.