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B2B market in simple words is business to business market wherein the products or services of a firm are sold to or purchased by other businesses???

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/12/07
LABIB KOOLI
by LABIB KOOLI , Director of the Sectoral Center for Training in Hotel Technologies at Southern Hammamet , Tunisian Vocational Training Agency (ATFP)

Thanks Vinod !

 B2B (business-to-business), also known as e-biz, is the exchange of products, services or information (e-commerce) between businesses, rather than between businesses and consumers.

Although early interest centered on the growth of retailing on the Internet (sometimes called e-tailing ), forecasts have predicted that B2B revenue will soon far exceed business -to-consumers (B2C) revenue.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

'Business To Business - B To B'

A type of commerce transaction that exists between businesses, such as those involving a manufacturer and wholesaler, or a wholesaler and a retailer. Business to business refers to business that is conducted between companies, rather than between a company and individual consumers. This is in contrast to business to consumer (B2C) and business to government (B2G). A typical supply chain involves multiple business to business transactions, as companies purchase components and other raw materials for use in its manufacturing processes. The finished product can then be sold to individuals via business to consumer transactions. Also called B to B or B2B.

Mohd Asif Ansari
by Mohd Asif Ansari , HR Administrator , Al Nasseej Al Arabi Factory Co. Ltd.

agree with previous explanation. no need more explanation

 

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

The buyer is a business enterprise but they can consume the product if they are a manufacturing company. 

Mohammad Mohammad Ahmed El-Safty
by Mohammad Mohammad Ahmed El-Safty , مشرف تدريب وتطوير , شركة ميداس للتجارة العامة والمقاولات

New information for me Thanks Mr. Vinod and thanks to everyone add on it.

RAJ DAHIYA
by RAJ DAHIYA , Project Manager - Energy Optimization , Siemens

Endorse Previous Answers !!

Nicely explained.

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

B2B is the abbreviation of "Business to Business" markets, in which sellers sale to the other businesses instead of final consumers and Buyers purchase to resale the goods after purchased.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

B2B Two or More business groups are forming part of a contractual sale relationship : One being the buyer and another naturally the seller.

AHMED GEABEL MOHAMMED ALSAEEDI
by AHMED GEABEL MOHAMMED ALSAEEDI , consultant business development , علم

B2B is to have business as products by selling them to the customers any type of products. as technology is growing fast we have now E-Marketing selling the products through the Web sides as many we know now like (Sou-q-Nemshi- etc...)

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

E-commerce companies to companies (Business-to-Business), and abbreviated symbol B2B; representing electronic trade exchange between other company.

 

E-commerce offers many advantages that companies can greatly benefit them, such as:

 

Marketing more effective, and more profits: The adoption of Internet companies in the marketing, allows them to display their products and services in various parts of the world without interruption -talh hours a day, every day of the Sunnah, which provides these companies a greater opportunity to profit-taking, as well as access to more customers .

Reduction of corporate expenses: The preparation process and maintenance of e-commerce Web sites more economical than building retail markets or office maintenance. Companies do not require big spending on promotional things, or installing expensive equipment price used in customer service. There does not seem to need the company to use a large number of staff to carry out the inventory management and business, as there are databases on the Internet keeps on selling the company and the names of customers, and allows a single person retrieving information in the database to check the dates of sales operations easily.

Effective communication with partners and customers: folds of electronic commerce distances and cross the border, which provides an efficient way to exchange information with partners. The availability of e-commerce is a good chance for companies to benefit from the goods and services provided by other firms (ie suppliers), in so-called e-commerce companies to companies

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Agree with experts answer <<<<<<<<<<<<<,

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