This Document is for people that have decided to Get or Move to a Business Buying Account!
If you have not decided if you want a business account red below:
Should I move to an Amazon Business (Buyers) Account?
Help the User evaluate if they should get a business account. (Like to simplify their Order processing!)
Should you convert your Personal (Buyers) account to a Business (Buyers) Account, or Create a New Business (Buyers) Account?
When it comes to managing your purchases on Amazon, you might be wondering whether to convert your personal buyer’s account to a business account or to create a new business account altogether. Each option has its own set of advantages and disadvantages, especially when considering the loss of personal Prime benefits.
Take the time to evaluate this or talk with our staff for assistance, BEFORE making ANY Changes!
Let’s explore these options in detail.
Converting Your Personal Account to a Business Account
Pros:
Seamless Transition (of all prior orders): Converting your personal account to a business account allows you to keep all your purchase history, saved addresses, and payment methods in one place.
Business-Specific Features: You gain access to Amazon Business features such as business-only pricing, quantity discounts, and business analytics1.
Tax Exemption: If your business qualifies, you can benefit from the Amazon Tax Exemption Program2.
Cons:
Loss of Personal Prime Benefits: One of the significant drawbacks is (Temporarily) losing your personal Amazon Prime benefits. This includes access to Prime Video, Prime Music, and other entertainment perks that are not available with a business account.
Mixed Purchases: Combining personal and business purchases can make accounting and expense tracking more complicated.
Creating a New Business Account
Pros:
Separation of Purchases: Keeping your personal and business purchases separate can simplify accounting and make it easier to track business expenses.
Business-Specific Features: Similar to converting your account, a new business account provides access to business-only pricing, quantity discounts, and other business-specific features1.
Maintain Personal Prime Benefits: By keeping your personal account, you retain all your Prime benefits, including free shipping, Prime Video, and Prime Music2.
Cons:
Managing Multiple Accounts: Handling two separate accounts can be cumbersome, requiring you to switch between accounts for different purchases1.
Initial Setup: Setting up a new business account involves some initial effort, including adding payment methods and setting up shipping addresses.
What Does Losing Personal Prime Benefits Mean?
If you decide to convert your personal account to a business account, you will lose access to several Prime benefits that are tailored for personal use. These include:
Prime Video: Access to a vast library of movies, TV shows, and Amazon Originals.
Prime Music: Ad-free music streaming with millions of songs.
Prime Reading: Access to a rotating selection of eBooks, magazines, and more.
Prime Wardrobe: Try before you buy clothing and accessories.
Losing these benefits means you might need to re-subscribe enjoy these perks, with a new account, potentially increasing your costs.
Your Seller Central (Sellers) Account
It is important to consider your selling account! Read below to see how this would affect you.
If you have NOT Created your Seller Central (Selling) Account yet, then it does not matter much, Choose the best option above for you. Just note that if you create a new sellers account without the history of a previous account, Amazon will require more verification to open your account.
If you already have your Seller Central (Sellers) Account:
With the same Email address as your personal Account,
Converting it your account to a Business will keep everything Connected and everything should work!
With the DIFFERENT Email than your personal Account,
You may not need to convert your Personal (Buyers) Account, as you probably have a different (buyers) Account that you could convert.
Contact Support for more help as specific situations require/allow for different solutions.
Conclusion
Deciding whether to convert your personal Amazon account to a business account or to create a new business account depends on your specific needs and priorities. If you value the convenience of having all your purchases in one place and don’t mind losing your personal Prime benefits, converting your account might be the way to go.
However, if you prefer to keep your personal and business transactions separate and retain your Prime benefits, creating a new business account would be more suitable.
Consider your business requirements, personal preferences, and the importance of Prime benefits to make the best decision for your situation.