What Are B2B Websites All About?
B2B, or business-to-business, is the exchange of products, services, or information between businesses as opposed to between businesses and consumers. While the Internet has long been used as a sales channel for reaching consumers, many manufacturers and suppliers are now utilising the web to marketing their products and services to other businesses. This means of doing business is so cost efficient and profitable that it’s expected to overtake traditional retailing (business-to-consumer) in the coming years. By using B2B web sites, companies can do a number of functions including posting requests for quotes or bids for good and services they need to source externally. Procuring in this manner allows businesses to reach a far larger number of suppliers and contractors than might otherwise be the case. Using the internet, especially now with high levels of broadband availability in the UK, businesses can access savings, increase efficiency, and connect and communicate far better with cu