Why this matters to buyers
The growth of Amazon Business indicates a large and expanding digital marketplace for business-to-business purchases. This could provide alternative sourcing channels for industrial buyers, potentially increasing competition and price transparency.
Recommended buyer actions
- Evaluate Amazon Business as a potential procurement channel for industrial supplies.
- Compare pricing and terms on Amazon Business with existing suppliers.
Original source context
Amazon has announced that Amazon Business reached $60 billion in annualized gross sales in Q2, supplying 11 million organizations worldwide with business purschases. Organizations of all sizes — from hospitals and schools to factories and hotels — use Amazon Business to buy what they need to operate. Since launching in the U.S. in 2015, Amazon Business […] The post Amazon Business Reaches $60 Billion in Sales appeared first on Logistics Business.
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