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B2B Portals – Offering Competitive Edge to Organizations

B2B or Business-to-Business websites, in short can be termed e-markets for e-business transactions.B2B portals contain all internet based technical and other solutions to enable companies’ create new trading relationships and support existing relationships. <br>

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B2B Portals – Offering Competitive Edge to Organizations

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  1. B2B Portals – Offering Competitive Edge to Organizations

  2. B2B or Business-to-Business websites, in short can be termed e-markets for e-business transactions. • B2B portals contain all internet based technical and other solutions to enable companies’ create new trading relationships and support existing relationships. • Such websites primarily serve as platforms for wholesalers, distributors, retailers and manufacturers to perform their trading activities online. • Basic activities such as invoicing, ordering and making payments are done online. • In addition, B2B portals are an excellent resource for business information.

  3. Today good B2B websites are most sought after by organizations. • For example, an esources.co.uk review says the website has the most techno-savvy approach for business transactions. • B2B portals are a digital innovation in the field of business. • A range of commercial activities can be done sitting in the office or home via a laptop or a desktop. The electronic landscape is flooded with B2B portals serving various sectors and industry verticals, for example, automobiles, digital goods, consumer items, and textile and apparel products and more.

  4. Here is how a B2B portal benefits businesses: • It is a low cost platform to promote and transact business • It greatly reduces the overall costs of marketing • The business directory in B2B portals enable buyers to find potential sellers and vice versa • With the help of classifieds, entrepreneurs can conveniently buy or sell products The above benefits accrue because the internet, by taking over paper communications, has exponentially accelerated the business processes and minimized errors. According to an esources.co.uk review, this leading UK portal is well-equipped with the latest technological resources to make it possible for companies to grow their business faster. • Companies are able to improve efficiency and minimize costs by automating various manual and labor-intensive tasks and also by providing customer self service features on their business websites. • Sellers are able to reduce their headcount by reducing many repetitive tasks; and refocus the staff to higher value-added activities.

  5. According to an Esources review, an outstanding feature of this leading UK B2B portal is its ability to deliver the right information to its customers. • With the number and complexity of products and companies manufacturing them rising by the day, visibility of the right information has become vital. • Both buyers and sellers look for reliable specification, quality and functionality of new products launched in the market. • A B2B portal like Esources provides consistent, accurate and up-to-date information to its members on demand, regardless of which industrial vertical it is in. • By establishing itself as an excellent source of information, esources.co.uk has now become a valuable tool to thousands of businesses worldwide. A key feature of a digitally strong B2B portal is its strong central silo that provides all-inclusive information related to scores of companies across a very wide range of industry sectors.

  6. Delivering consumer like website experience: • B2B portals have now realized that it is not enough to be just a staid information deliverer. o On a B2C or a business to consumer website, consumers demand exceptional online experience. o Benchmarks of great B2C sites include plenty of interactive features, personalized product recommendations, and impartial product reviews. • B2B buyers and sellers are increasingly demanding similar experiences. With plenty of B2B portals on the internet, companies must look for the following features in a business to business portal: • Inclusive core e-commerce capabilities – The capabilities must include integration, support for various business models, assistance for complex workflows and customer self-help.

  7. • Personalized and categorized capabilities – This will allow the members to focus on target audiences with useful content and effective information. • Marketing tools – B2B portals must deliver accurate vendor information that will enable the portal members to execute a successful online marketing strategy. Today, B2B portals like Esourcesare increasingly becoming a necessity to maintain competitive edge in the market.

  8. eSources.co.uk 27 Old Gloucester Street , WC1N 3XX London, United Kingdom Email us: sales@esources.co.uk Published by : http://www.esources.co.uk/

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