Explain the Use of B2B Ecommerce Solution

Posted by Holbi on July 1st, 2015

B2B or business to business is the transaction or relationship between businesses. Say for example, you produce sugar and you supply it to different food industries that demand your product in order to make a product of their own, as well. Food industries need your business and vice versa, you need them in order to make profit. This is B2B.With B2B, you can promote using trade journals and conferences, online, and paper ads. But how do businesses make their transaction? This is where B2B e-commerce comes in?

What is B2B e-commerce?

B2B e-commerce is where companies share documents or product brochure through exchanging electronic documents. This is to establish contact with repeat customers, make a marketing campaign, and of course, do business. And this is used for supply chain logistics, customs declaration, and manufacturing of contract. B2B e-commerce is the best and the easiest way, in today’s time, to reach out to other businesses, to improve communications, to make an order, and to arrange transportation of goods. To sum it up, this type of e-biz enhances and refines the buying and selling experience of businesses.

What are the benefits of B2B e-commerce?

While personal business transactions are still a thing, B2B e-commerce is the easiest and fastest way to do business. Below are just a few of the benefits it offers.

1. You get the chance to know your market better and be closer with them. With using the Internet, communicating with your target market and business colleagues is a breeze. There are a lot of tools, messengers, and apps that are designed especially for business trading. You can email, chat, or call your audience. And if they have customer support, you can always reach out to them even if your time zones are entirely different.
2. You can make instant purchases. With the success of online marketing, businesses are into making their websites on which they post their services and products—complete with pricing and order details. With B2B e-commerce, purchasing is pretty straightforward. You’ll just have to put all the items in an electronic shopping cart, pay for your order online or through bank deposits, and you’re good to go. It’s that easy.
3. You’ll get instant revenue. Well, if it’s that easy to shop online, it’s also that easy to get instant profit. Why? Because your store is not only open eight hours in a day. It’s open 24/7; thus, you are accepting orders even when you are sleeping.

About the Author:

This article is written by Vadym Gurevych who holds a Masters of Software Development degree from Kharkiv National Technical University (Ukraine) and has been creating commercial software products for businesses for 15 years. Currently, he is the Managing Director at Holbi. Holbi is the trading name of DataLink UK Ltd. They believe in online sales and specialize in providing bespoke and b2b e-commerce solutions to small and medium businesses from all over the world. Besides these Holbi also offers e-commerce consulting services.