Amazon is having some luck getting buyers of corporate office supplies to shop like teens armed with a parent’s credit card. Amazon Business, the company’s business-to-business sales program, is on track to post sales of more than $10 billion over 12 months, assuming the company keeps up the pace it recorded between June and August, Amazon said this week. That’s up from the cumulative $1 billion sales mark reached before the end of the program’s first year, in 2016, a sign of the Seattle company’s success wooing corporate procurement offices, and the manufacturers that supply them, to its online bazaar. Amazon grew into a retail giant by expanding into ever larger slices of online consumer retail, using expertise built up selling books and media to break into categories like housewares, electronics and auto parts. Six years ago, the company set off to replicate that success by grabbing a share of the corporate wallet. It launched a precursor to its business-only shopping portal, rolling out custom features designed to please corporate buyers who might otherwise rely on competitors like Office Depot or a specialty supplier. For a company that routinely sets its sights on huge markets, the opportunity is appropriately enormous. Research… Read full this story
- Chevron takes a $10 billion hit from cheap oil and gas prices
- Column: Amazon is right to say Trump tainted $10-billion Pentagon deal it lost
- Pentagon awards $10 billion "war cloud" deal to Microsoft over Amazon
- Amazon says it lost its $10 billion 'JEDI' contract bid due to a 'personal vendetta' from Trump
- Chevron expects $10 billion-$11 billion charge in fourth quarter; plans asset sales
- Defense Secretary Mattis Had Secret Dinner With Amazon Official Before $10 Billion Contract Announced, Tucker Carlson Reports
- It's official: AWS is challenging Microsoft's $10 billion JEDI contract win
- Russian firms seen raising at least $10 billion from share sales in 2020: VTB Capital
- Another roadblock eliminated in the $10 billion JEDI bake-off between Microsoft and Amazon
- Microsoft wins $10 billion US Department of Defense JEDI cloud contract
Amazon’s sales pitch to corporate buyers turns into $10 billion business have 319 words, post on www.seattletimes.com at September 11, 2018. This is cached page on Vietnam Colors. If you want remove this page, please contact us.