B2B stands for Business to Business. As the name suggests it is about trading between two or more Business. B2B portal (B2B marketplace) is a Business Platform to Ultimate Productivity Improvement. These days, B2B portals are not just an imaginary scheme. It is an absolute necessity for all business enterprises exceptional of any size or type. B2B portal, an acronym of Business to Business portal, means e-commerce transaction among businesses. It helps in connecting businesses across the globe. It is becoming popular and house hold name among international traders very rapidly.
B2B portal is not just an idea. It has an immediate impact on the efficiency and productivity of the company. Further, it stimulates awareness among people about our business and it also helps in generating heavy traffic. The advantages of having a quality B2B portal are enormous. B2B marketplace bring the largest business on internet. It increases profit of our business. It also increases revenue from existing clients. With the help of B2B portal, existing customers get faster and easy entrance to product information and their requests are given quick response.
In this manner customers also give their better support.B2B portal will reduce the price of processing orders drastically.
It is also helpful in reducing overhead cost up to 30 percent. B2B marketplace also helps companies to reduce inventory costs. It will assist to draw clients from new sources. It is always cheaper and economical than other traditional methods. So, the cost of customer acquisition decreases. The B2B portal allows following the entire ordering process from payment to delivery and it brings greater efficiency in customer services. It always helps companies to serve the customers effectively and efficiently.
B2B Portal is quite useful in reducing the time cycle because it helps the customers to select the products from B2B market portal online and send their purchase order or buying products by using shopping cart. B2B portal can create communities of buyers and sellers of the company. This will be supportive in building new partnerships using the networking capacity of a community, getting valuable feedback on time, and passing essential information to members easily.
We can give our business a significant and considerable improvement and enhancement by increasing B2B portal in front of our major contenders. It can make our company stands out from the crowd. We can have immediate impact on company productivity by implementing a true and high quality B2B portal.
B2B portal is not just an idea. It has an immediate impact on the efficiency and productivity of the company. Further, it stimulates awareness among people about our business and it also helps in generating heavy traffic. The advantages of having a quality B2B portal are enormous. B2B marketplace bring the largest business on internet. It increases profit of our business. It also increases revenue from existing clients. With the help of B2B portal, existing customers get faster and easy entrance to product information and their requests are given quick response.
In this manner customers also give their better support.B2B portal will reduce the price of processing orders drastically.
It is also helpful in reducing overhead cost up to 30 percent. B2B marketplace also helps companies to reduce inventory costs. It will assist to draw clients from new sources. It is always cheaper and economical than other traditional methods. So, the cost of customer acquisition decreases. The B2B portal allows following the entire ordering process from payment to delivery and it brings greater efficiency in customer services. It always helps companies to serve the customers effectively and efficiently.
B2B Portal is quite useful in reducing the time cycle because it helps the customers to select the products from B2B market portal online and send their purchase order or buying products by using shopping cart. B2B portal can create communities of buyers and sellers of the company. This will be supportive in building new partnerships using the networking capacity of a community, getting valuable feedback on time, and passing essential information to members easily.
We can give our business a significant and considerable improvement and enhancement by increasing B2B portal in front of our major contenders. It can make our company stands out from the crowd. We can have immediate impact on company productivity by implementing a true and high quality B2B portal.
Source: B2B Portals
Information About B2B Portals
