How to Choose the Right B2B Marketplace for Your Business
September 30, 2024 ⚊ 1 Min read ⚊ Views 35 ⚊ BLOG
Online marketplaces are the go-to choice for today’s buyers. It is no wonder, that all online B2B Marketplaces have emerged as an essential platform for companies seeking to expand their reach and optimize their supply chain. This online platform establishes a seamless connection between businesses while offering them a range of products to meet their individual business needs.
The rise of the B2B platforms has been phenomenal over the past few years. However, it would be wrong to state that, there is no effect of B2C Marketplace on B2B selling. For instance, Amazon B2B Marketplace reached $10 billion in sales by 2018 right after it launched and later it was noted to reach over $25 billion ( Print and Promo Marketing)
To stay competitive, the B2B Marketplace will surely help in gaining the dominant position in the industry, creating long-term relationships with sellers which means a steady stream of recurring revenue for the marketplace.
