Important Things For a B2B site

B2B Websites or business-to business websites are platforms for distributors, wholesalers, manufacturers and retailers. On B2B sites the communication takes place between two or multiple businesses. Many use B2B Websites to carry out their varied business activities such as invoicing & payments and electronic transfer of orders. Some more Useful Insights about B2B Websites are given below:

B2B Websites Provide Business Related Information Such As:

• Current happenings in various industries, concerning the website
• Present, past and future sales
• Supply chain process, which involves mode of payment, quality, delivery time etc
• Market share of various competitors and range of products provided by them, so that companies can understand the marketing strategies of their rival companies

Benefits of B2B Websites

• Classified ads on the B2B Websites aid in selling & buying products easily.
• Tendering services (part of B2B sites) allow the users to indentify orders, and assist in placing requests.
• Via B2B Websites one can promote one’s business in the most economical way. The websites are known to be most cost-effective electronic medium.
• The websites lessen the steps involved in selling procedures.
• The websites host business directory and buyers can easily search sellers and vice versa.
• The websites also minimize the cost involved in marketing and selling.
• The websites strengthen existing business relationships between companies and also provide opportunity to companies to cultivate new business relationships.
• The industrial goods’ buyers can purchase goods at very less price on the B2B Websites as there are several competitors engaged in online auctions.
• B2B Websites facilitate delivery within stipulated time.
• The websites also lessen the time spent in various transactions and dealings between buyers and sellers,

How to Know If a B2B Website is Authentic or Not?

• Any genuine B2B Website would display most updated information on its page.
• The website would also have good ranking on various search engines including Google. Its page rank would be between the ranges of 1 to 10.
• The website would have lot of word-of-mouth popularity,
• The site would host reputed brands as advertisers.

B2B Websites are used by both small and large businesses. The websites have evolved as a business enhancing electronic medium and whereby varied business related activities can be conducted on global basis and without much expense.