B2B online market place is the promising and growing digital market in this century. Today’s B2B portals are exploring renewed urgency to enhance efficiency, reduce investment costs, attracting new customers as well as existing customers. At the same time, business enterprises are suppose to make the correct investments to boost more sales and strive harder for customer satisfaction. As online e-commerce portals continue to expand, consumer’s expectations for B2B online marketplace are also changing dramatically. Companies are realizing that the conventional ways of business practices are no longer sufficient. Here are some of the great advantages of conducting business at B2B online market places.
1. Grow the business worldwide
B2B market place gives a perfect platform for the global business expansion. Here you can connect with a number of domestic as well as international clients & major business partners. You can also deliver valuable information to partners, distributors, whole sellers and customers.
2. Increase Operational Efficiency and Reduce Costs
B2B e-commerce help to improve business efficiency and significantly cut costs by automating earlier manual, labor- intensive processes, and provides customer self-service operations. These online channels automate a broad variety of systems that include from approval of buyer registration process, buyer-specific online catalogs delivery, display of contract-based prices, and system generated contractual terms and conditions.
3. Customer Retention
Offering excellent customer services plays a crucial role in existing customer retention. Online B2B e-commerce platforms helps companies to work towards improving customer friendly services by making it easier for customers to carry out business deals with them, better responsiveness and customized services and help to build their product brand.
4. Deliver the Right Information to Customers
Due to intense market competition, the number and kind of products has been exploding in the industry. There has been increased demand for various customer requirements. There is constant upgradation of products. Business information about all of these products is actually scattered across several enterprise systems. Therefore suppliers have tough time making consistent product information available domestically as well as internationally across the value chain. B2B online marketplace helps to deliver right information to customers.
Pepagora.com is one of the reputed B2B online market place in world. It deals with a number of products and services. People can search for agricultural products, Chemical & various synthetic/organic chemicals, Petrochemical extracts, industrial fuels, consumer electronics & their parts, automobile & motorcycles parts, trendy apparel for kids/men/women, electronic components, electrical equipments, baby care items, Toys & stuffed animal, frozen items, beverages, food products and Environmental products/ equipments/tools.