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What is B2B?

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  • What is B2B?

    B2B is the short form that is used for Business to Business. Most of the electronic commerce today is of this type. It includes the Inter Organizational System (IOS) transactions and electronic market transactions between organizations. B2B implies that both the seller and the buyers are business corporations; while business-to-business electronic commerce implies that the buyers are individual consumers. Business to business EC covers a broad spectrum of application that enables an enterprise or business to form electronic relationship with their distributors, resellers, suppliers and other partners.
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  • #2
    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.
    One major reason for the popularity of 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.
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    • #3
      Re: What is B2B?

      B2B is short for business-to-business, the exchange of services, information and/or products from one business to another, as opposed to between a business and a consumer.
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      • #4
        Re: What is B2B?

        Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G).

        The volume of B2B transactions is much higher than the volume of B2C transactions. The primary reason for this is that in a typical supply chain there will be many B2B transactions involving subcomponent or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer. For example, an automobile manufacturer makes several B2B transactions such as buying tires, glass for windscreens, and rubber hoses for its vehicles. The final transaction, a finished vehicle sold to the consumer, is a single (B2C) transaction.

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        • #5
          Re: What is B2B?

          * Company Web sites, since the target audience for many company Web sites is other companies and their employees. Company sites can be thought of as round-the-clock mini-trade exhibits. Sometimes a company Web site serves as the entrance to an exclusive extranet available only to customers or registered site users. Some company Web sites sell directly from the site, effectively e-tailing to other businesses.
          * Product supply and procurement exchanges, where a company purchasing agent can shop for supplies from vendors, request proposals, and, in some cases, bid to make a purchase at a desired price. Sometimes referred to as e-procurement sites, some serve a range of industries and others focus on a niche market.
          * Specialized or vertical industry portals which provide a "subWeb" of information, product listings, discussion groups, and other features. These vertical portal sites have a broader purpose than the procurement sites (although they may also support buying and selling).
          * Brokering sites that act as an intermediary between someone wanting a product or service and potential providers. Equipment leasing is an example.
          * Information sites (sometimes known as infomediary), which provide information about a particular industry for its companies and their employees. These include specialized search sites and trade and industry standards organization sites.
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          • #6
            Re: What is B2B?

            Originally posted by yemenedu
            Business 2 Business as it is called, is a setup in which all the dealings are done between the business groups. There is no involvement of common customers anytime.
            Business2Business is the method of transaction and that are based exchange of products and services from business to business.
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            • #7
              Re: What is B2B?

              Business-to-business describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer and business-to-government. B2B branding is a term used in marketing.

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              • #8
                Re: What is B2B?

                Well, The B2B stands for business to business. It is also known as e-biz where two business exchange and share their services, products and information rather than consumers. It is completely based on commerce transactions between businesses, i.e. It is relationship between a manufacturer and a wholesaler, or between a wholesaler and a retailer.
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                • #9
                  Re: What is B2B?

                  Originally posted by justin24 View Post
                  B2B is the short form that is used for Business to Business.
                  There is already great explanation by the forum members made above. In simple words B2B is a form of business in which a business sells products or provides services to other businesses.
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                  • #10
                    Re: What is B2B?

                    B2B means a transaction that occurs between two companies, as opposed to a transaction involving a consumer. The term may also describe a company that provides goods or services for another company.
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                    • #11
                      B2B stand for Business to Business. B2B used for commercial
                      transaction.

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