What we have learned
1. B2B e-commerce is not B2C
In B2C, sales are relatively simple. Prices are fixed, quantities are low, and shipping is easy. Very little regulation or tax complexity comes into play, and products are easy to showcase and market. In the contrasting B2B setting, prices are highly variable. Similarly, volumes are much higher, but also of a much wider range, necessitating a flexible shipping and logistics solution. Tax and regulatory concerns impact sales highly.
In B2C, sales are relatively simple. Prices are fixed, quantities are low, and shipping is easy. Very little regulation or tax complexity comes into play, and products are easy to showcase and market. In the contrasting B2B setting, prices are highly variable. Similarly, volumes are much higher, but also of a much wider range, necessitating a flexible shipping and logistics solution. Tax and regulatory concerns impact sales highly.
Marketing (or as many firms prefer, “client educational initiatives”) is more complex,
as clients need to understand how products work and interact with other systems they already have
or are considering for purchase. The “black box” effect, where a customer buys a device without a real interest
in learning how it works, barely exists in B2B, while it is dominant in B2C. For this reason,
a B2B eCommerce implementation is fundamentally more complex than in a B2C environment.
While this makes the successful design and implementation of a B2B eCommerce platform more difficult,
it also dramatically increases the value of that system,
as the problems solved are costly to address using conventional means.
2. A major shift is happening in B2B commerce
It’s an online-driven, omni-channel transformation that is forever changing the way the world’s most successful B2B brands connect with, engage and retain their customers. In fact, B2B e-commerce has now more than doubled B2C. In many ways, it’s a brave, new world in B2B commerce—and it’s happening right now. Alibaba is known for a number of achievements; the most noteworthy is the fact that it is larger than Amazon and eBay combined – it is recording more trade volume than the two together.
It’s an online-driven, omni-channel transformation that is forever changing the way the world’s most successful B2B brands connect with, engage and retain their customers. In fact, B2B e-commerce has now more than doubled B2C. In many ways, it’s a brave, new world in B2B commerce—and it’s happening right now. Alibaba is known for a number of achievements; the most noteworthy is the fact that it is larger than Amazon and eBay combined – it is recording more trade volume than the two together.
If you need enterprise level B2B solution feel free to contact us.