The B2B eCommerce world has been experiencing rapid growth in recent years. A B2B website is one that is designed for selling and buying goods and services directly to the businesses. The website offer things which other businesses need to operate and grow online. Export import management course can help you better understanding of B2B and all factors of international business. So, basically B2B is an online store or website that can help to meet your requirements hassle free. It improves brand awareness and exposure around the world. Its main purpose is to offer services, content, software, or product to companies. Business-to-Business transactions are common in a typical supply chain, as companies purchase components and products such as other raw material for use in the manufacturing process. B2B is a transactions o business conducted between one business and another, such as wholesaler and retailer. According to a study B2B digital businesses generate five time more income than non-digital businesses, because 75% f B2B companies prefer buying and interacting online.

Benefits of B2B Website

1 Reach Potential Anytime, Anywhere

B2B website allows access to more B2B buyers that can be targeted globally anytime and anywhere. B2B also gives access to new stores, geographies, product catalogs and many more. This makes your B2B selling easier than ever before.

2 Fasttrack order with Cloud Based System

B2B offers a modern cloud-bases e-commerce platform for order processing and tracking inventory. Cloud-based ecommerce platforms have built in order management systems. OMS (Order Management Systems) treat the entire supply chain as an interrelated ecosystem that permits suppliers o automate their internal processes. Thus, it offers timely services and order delivery which enhances customer and seller relationship.

3 Offer Customer Satisfaction-

Nowadays users or buyers prefer researching products and services prior to purchasing them. B2B website offer customers access to self-service portals with reviews, product description, order history, delivery tracking information, and shipping and handling information.

4 Retain the Repeat Customers

It is very important for any business to attract new customers and keep the exiting one happy with great work and relationship. B2B help to maintain optimum revenue from new and repeated customers to retain business growth. As interacting and reaching from a B2B is easy.

5 Better data Analytics

B2B provides the perfect platform for an organization to launch a comprehensive analytics campaign. You can generate various types of reports to understand how your business is progressing.

How Does a B2B Website Work-

In B2B website, one business sells product or services to another business. There is a department that uses the vendor’s product and services. For larger or more complex product purchase, the B2B product selection process is handled by a buying committee. It refers to sales you make to other businesses rather than to individual consumers. B2B website offers enterprise pricing to facilitate larger requirements.

Types of B2B Website-

1 E-Procurement Sites-

These websites allow company purchasing agents to submit a request for proposal, bid for products, and purchase product from vendors.  

2 B2B eCommerce Broke Sites-

These website act as a safe, secure, and efficient broker for any purchasing transaction, taking the headache out of B2B transaction and earning a profit in the process.

3 Infomediary Site-

B2B infomediary site helps to maintain the standards of industry and trade as they provide industry information about specific companies.

4 Industry Vertical B2B Portals-

They provide information about products in a niche market or industry. In this user can inform each other or view a variety of product listings. 

Top 10 B2B sites for your global trade

• Alibaba
• Tradewheel
• Globalsource
• DHgate
• Goovee
• Indiamart
• Tradeinchina
• Exportersindia
• Tradeindia
• Udaan

It is a misconception that the ecommerce world cannot support the needs of B2B sellers and brands. The B2B users are shifting to the internet more than ever before and it is a huge opportunity for B2B business to undergo a digital transformation and capture the online market. Import and export business training can assist you in learning of B2B website and other export import related topics. Do give us a visit!