Business to business e-commerce is mounting up! However, according to recent surveys, only a mere 10 % of the business-to-business transactions are made online. This evidently shows that B2B portals have a larger scope of growth.
Today, Internet has grown to an extent that many people has shifted their whole business process online, bidding a complete good bye to the conventional way of doing business. The reason behind this huge transaction is that, B2B exchange portals are a great way to make all your business transactions economical and beneficial at the same time.
For those of you who is just a beginner or have no idea about what a B2B site offers buyers and suppliers, here is a brief insight from Sulekha B2B. A B2B exchange is an online space, where buyers, sellers and traders form different parts of the world, exchange views, offer products and/or services, and carries out all types of business transactions.
So how does this benefit you? The logic is simple! When you can save huge expenses that you might spend out for a conventional transaction and benefit from what you gain through online B2B transactions, isn’t it a sweet treat to increase your business productivity? You get to expose your company to a targeted audience, which would otherwise be not possible.
Some B2B portals also offer you to incorporate your website in to their portal. This way, you can handle your sales more conveniently.
Your cost of getting customers through this channel is relatively low in comparison to other traditional channels. You can even increase your visibility by advertising in the B2B portals like Sulekha B2B, where your potential buyers regularly visit. These ads are capable of producing unbelievable results.
The best thing about B2B portals is that they allow you to keep a complete track of all your transactions from payment to delivery. In addition, you can instantly update your catalog when needed and inform customers about changes. As a result, you can serve your customers better.
Business to business e-commerce is surfacing extremely fast. The truth is that pretty soon, all kind of business transactions will take place by means of Internet. B2B portals are a boon to build a cost-effective online atmosphere on the Internet, which is capable of producing concrete and quantifiable benefits to millions of businesspersons.
