What is B2B?

Re: What is B2B?

Another definition: B2B or Business to Business primarily target companies and other wholesale buyers. A B2B transaction is one that involves two businesses, the one selling and the one buying.

Re: What is B2B?

Using the Internet to facilitate business-to-business commerce promises many benefits, such as dramatic cost reductions and greater access to buyers and sellers.

Re: What is B2B?

B2B stands for Business to Business, as the name suggest its about trading between two or more Business just like Manufacturer supplies the raw materials to the Wholesale companies. It can be treated in other way like, Wholesalers supply the goods to the Retailers or A Distributor in one country can ask for goods in bulk from the exporter in other company. In short it all about trade between two business. If you wanna have some practical exposure then , Online B2B portals are there in the Internet.

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Re: What is B2B?

startinbusiness;47950 wrote: Another definition: B2B or Business to Business primarily target companies and other wholesale buyers. A B2B transaction is one that involves two businesses, the one selling and the one buying.

True. The moment a business collaborates with other businesses to create these "communities", B2B comes into existence.

Re: What is B2B?

"B2B" is contemporary shorthand for a longtime sales practice called business-to-business. B2B transactions primarily target companies and other wholesale buyers, while transactions targeting individuals are called B2C, or business-to-customer. Many organizations have both B2B and B2C components, but it's not unusual for a company to specialize in B2B services or sales. In fact, the vast majority of products and services sold are considered to be B2B in nature.

Re: What is B2B?

Hi

On the Internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers. Although early interest centered on the growth of retailing on the Internet (sometimes called e-tailing), forecasts are that B2B revenue will far exceed business-to-consumers (B2C) revenue in the near future. According to studies published in early 2000, the money volume of B2B exceeds that of e-tailing by 10 to 1. Over the next five years, B2B is expected to have a compound annual growth of 41%. The Gartner Group estimates B2B revenue worldwide to be $7.29 trillion dollars by 2004. In early 2000, the volume of investment in B2B by venture capitalists was reported to be accelerating sharply although profitable B2B sites were not yet easy to find.

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Re: What is B2B?

Hi

Refers to one business communicating with or selling to another. If you have marked the B2B box on the Terminal Services section of the Elavon Merchant Application, it will indicate that the merchant will be accepting purchasing/ business/ commercial cards from other businesses

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Re: What is B2B?

Another form of B2B or Business to Business scene is when a company that sell raw materials to manufacturers to form another product is also called B2B.

Re: What is B2B?

B2B research is research that relates to businesses rather than consumers. Whereas in the case of consumer research, respondents could be asked of their opinions upon a certain product or service, B2B is concerned solely with business related issues.

Re: What is B2B?

Hi

Market Makers specializes in b2b market research, sales lead generation and telemarketing programs for technically complex and high-end products and services. Our b2b market research and sales lead generation programs are crafted to match your business model and to reach the right people at the right time.

Thanks

Re: What is B2B?

Hi

"B2B" is contemporary shorthand for a longtime sales practice called business-to-business. B2B transactions primarily target companies and other wholesale buyers, while transactions targeting individuals are called B2C, or business-to-customer. Many organizations have both B2B and B2C components, but it's not unusual for a company to specialize in B2B services or sales. In fact, the vast majority of products and services sold are considered to be B2B in nature.

Thanks

Re: What is B2B?

B2B research is research that relates to businesses rather than consumers. Whereas in the case of consumer research, respondents could be asked of their opinions upon a certain product or service, B2B is concerned solely with business related issues.

Re: What is B2B?

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Re: What is B2B?

B2B sales and services is sheer volume. An individual customer may visit a clothing manufacturer's website catalog and order two pairs of shoes or a sweater. The buyer for a national chain of clothing stores, however, may order 5,000 pairs of shoes and 2,000 sweaters. Without a B2B component, the manufacturer would have lost out on a very lucrative sale. This is why many companies provide B2B options alongside the B2C offerings at their websites and other outlets.

B2B sales are also generated by providing a specialized product line or service not available to the general public. This form of B2B transaction is very common in the manufacturing world. A company which produces shaving cream in cans, for example, may need a specific plastic nozzle. Several plastic injection molding companies would send sales representatives to pitch their particular designs. These nozzles would be useless for individual customers, but a manufacturer may order thousands of them.