What is B2B E-Commerce?
B2B stands for Business-to-Business and refers to Electronic Commerce
between businesses rather than between a business and a consumer.
(You'll sometimes see this referred to as B2C E-Commerce). Businesses
can often deal with hundreds or thousands of other businesses, either
as customers or suppliers. Carrying out these transactions electronically
gives obvious advantages over traditional methods. It's faster,
cheaper and more convenient.
Electronic transactions have been around for a while in the form
of EDI (Electronic Data Interchange). However, EDI generally requires
each supplier and customer to set up a dedicated data link between
them, whereas E-Commerce using the Internet provides an easy and
cheap method for companies to set up multiple and ad-hoc links.
E-Commerce has also led to the development of electronic marketplaces
where suppliers and potential customers are brought together.
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