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Business-to-business (B2B) is another type of e-commerce where the buyers and sellers are business organisations.It covers a broad spectrum of applications that enable an enterprise to form electronic relationships with its distributors, resellers, suppliers, customers, and other partners.
B2B e-commerce, short for business-to-business electronic commerce, is the sale of goods or services between businesses via an online sales portal. In general, it is used to improve the efficiency and effectiveness of a company's sales efforts.
After 2000, the e-commerce market was mainly dominated by business-to-business (B2B) transactions due to consumer mistrust after going through the 1997's financial crisis in Southeast Asia and the bubble burst. The only way e-commerce companies could re-enter the business-to-consumer (B2C) market was to earn back consumer trust.
Successful B2B operations depend upon sales personnel understanding the purchasing behaviour and outlook of the types of business they wish to work with. [2] B2B involves specific challenges at different stages. At their formation, organizations should be careful to rely on an appropriate combination of contractual and relational mechanisms. [3]
B2B Gateways help to bridge the collaboration gap across the supply chain partners and transform the data flow between companies from a batch oriented manner into a real time process. This streamlines the processing and enables for business activity monitoring (BAM) systems to be implemented, which provides the enterprise with greater ...
Witlingo is a B2B Software as a Service company that enables businesses and organization to engage with members of their communities (e.g., community residents, customers, employees, fans) by using the latest innovations in Human Language Technology and Conversational AI, such Speech recognition, Natural Language Processing, IVR (traditional as well as for smart speakers such as the Amazon ...
[3] [4] The company initially provided technology industry data and predictive analytics for B2B marketers and sales teams, but as of 2018, provides targeted intent data for marketing and sales. [5] [6] [7] From 2016 to 2018 the Group partnered with Bombora, a provider of B2B demographic and intent-based data. [8]
Dreamus is an electronics and entertainment company founded in 1999 originally as ReignCom.Currently headquartered in South Korea (and formerly in the United States), it is the parent company of South Korean-based iRiver, Astell & Kern and FLO, as well as Yurion and Funcake Entertainment Services.