Sunday, March 29, 2009

What Are Online Business-to-Business (B2B) Portals?

Business-to-Business (B2B) is a term that describes business transactions done between two businesses e.g. transaction involving manufacturer of mobile phones and wholesaler of mobile phones.

Business-to-Business (B2B) is different from Business-to-Consumers (B2C) as B2C involves a business entity and end consumer.

You might have heard of websites like www.ebay.com and www.amazon.com, these websites are used for B2C transactions.

Business-to-Business online portals allow business transactions between businesses. They give sellers opportunity to promote their products, give trade offers and contact buyers against their buying requirements. Buyers can search for products, post their buying requirements and contact sellers. Some famous and widely used B2B portals are www.alibaba.com, www.tradekey.com, www.made-in-china.com, www.globalsources.com etc.

2 comments:

  1. On the Internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers. How to Choose a B2B site?Click Here

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  2. B2B portals are a great place to do transactions with great ease.

    ReplyDelete