The B2B Industry is Bigger than the B2C Growth of the B2B Market The way B2B companies conduct business is drastically changing. Only a couple of years ago, distributors and wholesalers didn't consider an eCommerce solution to be a necessity. B2B companies these days though, have a completely different perspective regarding eCommerce. Online selling is now one of the most effective ways to drive acquisitions and grow revenue as it empowers you stand apart from your competitors. As B2B moves to online inbound tactics from outbound sales, let's go through the benefits of B2B eCommerce solutions. Whether you are just beginning, already in the market, or reconsidering B2B eCommerce, you must consider these advantages of B2B eCommerce solutions. Do you know that the digital opportunity available to B2B companies exceeds that of B2C? It's predicted that B2B eCommerce will reach 1.2 trillion dollars and be responsible for 13.1 percent of the total B2B sales by 2021. The B2B industry is twice the size of the B2C sector. And as with B2C, more and more customers are choosing to purchase things online. It was also found that wholesalers and manufacturers are the two segments with the most significant impact on this massive market growth. If you are a B2B company, this is an opportunity you cannot afford to miss. Stand Apart From Your Competitors Reach New Markets B2B eCommerce is still quite young. If you invest in it right now, there is an excellent opportunity to establish as a leading business and be ahead of your competition. With modern technology, B2B eCommerce sites can drive new customers to the business. As customers compare and research online, there is a tremendous opportunity to captivate more buyers. Companies can expand their reach beyond just customers that sales representatives can get in touch with face-to-face. Provide an Omnichannel Experience to Your Customers Improved Customer Experience Incorporating B2B eCommerce to your strategy will allow you to provide your buyers with a complete omnichannel experience. Customers would be able to shop across various sales channels. Comparing prices, submitting orders, and finding products will be more efficient online. Delivery of orders will be accurate and fast. The service will be customized and personal. Automation Will Make Things Easier And Thus, Improve Supplier Relationships Manage Supplier Relationships More Efficiently B2B companies must control and manage numerous supplier relationships all at once. You need to know the current inventory levels, the inventory levels of your suppliers, and when it is time to order more. Moreover, your team has to get in touch with the various suppliers to ensure they order the correct amount at the most suitable rates. This entire process used to take numerous phone calls, faxed order forms, and spreadsheets. What Is The Next Step? Choosing The Right B2B eCommerce Solution Clarity B2B eCommerce Experts Everything becomes so much more straightforward when suppliers are connected with your systems electronically. Through workflows and automation, your system will inform you every time the inventory levels are low and order more things based on previous data. It will save you both money and time while eliminating the risk of human error. Whether you are prepared or not, eCommerce platforms are slowly becoming a vital part of the B2B industry. You can get ahead of others if you take advantage of it now. It is time to search for suitable B2B eCommerce software to enjoy all these benefits of B2B eCommerce. Clarity has developed and launched over 1300 successful B2B eCommerce integrations and implementations. At any step of your decision-making process Clarity is here to help. Clarity B2B eCommerce Resources Additional Features & Capabilities B2B eCommerce Overview Finding the Right B2B Software Solution Benefits of B2B eCommerce Solutions Transitioning from B2C to B2B eCommerce What is a B2B Infomediary Website? What is a B2B Industry Vertical Website? What is a B2B E-Procurement Website? What is a B2B Broker Website?