Amazon Business enters 10th market with launch in Mexico

amazon business announced that it will introduce procurement services to Mexico.

launch, announced On Wednesday (March 13), Mexico became the 10th country where Amazon Business is available, joining the United States, Canada, United Kingdom, Japan, Germany, France, Italy, India, and Spain.

“We are excited to help Mexican companies simplify their procurement processes and focus on what matters most to them.” Pedro Huertasaid Amazon Mexico’s country manager in a news release.

“We are also committed to small business growth by enabling sellers to expand and grow by selling directly to large enterprises through our B2B store.”

The release said B2B stores are especially important because 99% of Amazon Mexico’s domestic sellers are B2B stores. Small and medium-sized enterprises (Small and medium-sized enterprises).

“These sellers also benefit from Amazon’s e-commerce expertise, gaining visibility across their entire product catalog in established online stores and increasing access to decision makers for their business customers. This will contribute to increased sales,” the release states.

PYMNTS spoke with the following people last year. tod heimsdirector and general manager of Amazon Business, discusses the company’s ongoing efforts to help small and medium-sized businesses move from a business product ordering process to a sourcing mindset.

Reducing the amount of time spent purchasing supplies, expanding payment options, and offering credit and installment options could help achieve the situation Heims describes. “Smarter corporate purchasing” By purchasing appropriately sized forms and “packs” of those items.

Himes added that the wealth of business data available on Amazon’s platform allows the company to come up with things like: working capital solutions To strengthen small and medium enterprises.

Hymes said: “For our small business customers, we feel Amazon Business can be more than just a ‘one-time’ purchasing solution. It can be integrated into your business and helps digitize your procurement function, freeing your customers to focus on their own operations. core mission. ”

And as a recent report here shows, Small businesses are struggling To find funding to sustain its core mission.

a goldman sachs Research shows that more than three-quarters of business owners are concerned about their ability to access capital, while a PYMNTS Intelligence study found that: Less than half of companies People with annual revenues of up to $10 million could access business or personal financing. About a quarter of businesses say they will increase their use of credit products this year, with more than half looking at business credit cards.