Info about Ecommerce

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Business to business networking in ecommerce

B2B stands for business-to-business and refers to e-commerce between different companies that have some sort of partnering arrangement, in contrast to B2C, or business-to-consumer, relationships in which individuals or companies purchase the products or services of another company.


Companies traditionally negotiate special business relationships with other companies that can provide them with the raw materials, tools, and services that they need for the success of their businesses. Such relationships are known as a value chain, which typically includes activities such as obtaining raw materials, processing these materials into finished products, shipping products to distributors, servicing customers, and marketing. To support a value chain, several business activities are essential, including procurement, research and development, manufacturing, and managing of human resources, operations, finances, and customer needs.


B2B is basically the use of the Internet to streamline and automate these business processes to enhance the value chain. This can result in streamlined business- cycle processes that are faster-to-market and in substantial cost savings by eliminating traditional paper-based invoicing and communications used in procurement channels. B2B can benefit companies in many different scenarios, including corporate purchasing, supply chain trading, and direct marketing.