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Benefits And Disadvantages Of B2B

2230 Words9 Pages

1. Introduction The world is technologically developing with a speedy pace that is hard to keep up with. Kids are using smart phones, lovers are meeting via online dating website and smart phone apps, and even talking with friends or family is taking place online. Everything changed. It is becoming smart and online, and not only for entertainment matters but also in business matters. This online technological spree has hit all portions of our lives and it is creating a massive difference in the way things work. For instance, we shall focus on the business aspects. The business world has lived so many changes throughout centuries and lots of efforts have been made to keep up with these changes. Business encounters started from merchants travelling thousands of miles to exchange goods to companies doing business with other companies in different ends of the world from their computers. Such interdependent industry have created a separate business track which is known nowadays as B2B(Business to Business), which is business transactions and deals between two companies. This paper shows the benefits and advantages of enforcing online B2B operations in organizations. The paper starts with explaining why B2B businesses should explore online operations, then clarifies some available online channels for B2B organizations to use, and then it stresses on …show more content…

It started just as a means to sell banner advertisements. Throughout the years, E-commerce developed and got classified into categories based on market relationships ;such as B2B(Business to business) and B2C(Business to client). B2B e-commerce is the fastest growing and it has been reported that in 2011 the revenues of B2B e-commerce reached USD 4 Trillion (Moertini 2012). Numbers do not lie and this shows that there is a huge success that can be achieved in this specific

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