Scopes, Benefits, Challenges & Advantages of B2B eCommerce in India
B2B (Business to Business) eCommerce is an online business model that provides compelete commercial transactions between two trade entities. B2B Sales transaction takes place on a bigger level as two whole trade companies are involved instead of an individual.
B2B Ecommerce made simple !! - Get your Integrated B2B Ecommerce platform for safe and secure wholesale transactions for Bulk Orders, meanwhile overcoming the limitation posed by geographical boundaries.
- Benefits: You can get more Business Opportunities, Improve B2B E-Commerce Sales, Lower Your Costs, More market stability, Improved brand awareness, Its Complete Data Centric Process, Reach to More Customers with New Markets and Automates the whole business processes. So, In this way You can Grow your Business at next level with help of B2B eCommerce WebSite.
- Advantages: Rational Buying, Credit Payments, Higher Transaction Values, Multiple Decision Makers.
- Multiple Deliveries over a period and Quoted Price.
- Scopes: By 2023 the population of internet users will reach approximately up to 667 million. So, This has been a boost for the commercial phase of India.
B2B Ecommerce Challenges for Wholesalers:-
- Need to keep Advanced Pricing; It should be flexible enough to adjust with all its lovely customers. Maintain a dedicated prices for group of customers, based on the items or the quantity.
- Choosing which Products need to Sell: It is often important for the owner to know which products would be beneficial for them to sell in the market. It is a crucial decision that an eCommerce owner has to make – Which products are the most trending in the B2B market and which products are in more demand to stand out in the Industry.
- Retaining Customers: It is important for B2B owners to know how to retain their royal customers. Because losing out on customers due to unforeseen reasons lead to significant drops in the B2B sales funnel. So, How to control it : - A:- You can use loyalty points to catch hold of the royal customers. B:- Give some special type of discount as Delivery Charges free at fix level of transaction line.
- Dedicated Order Approval System- Keep maintain a dedicated contact persons who carry out the delegated task of ordering materials on the behalf or for the company.
- Evading The Risk of Duplicate Orders :- Also, It is important to create a sequence in which orders will need to be approved by authorized person. In this way, only the approved orders would be placed and processed.
Posted By Devendra Prakash Jaiswal3:11 AM
1 Comments:
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