ANSWERS: 1
  • B2B stands for business to business. Some businesses only provide products or services to other businesses. B2B is frequently used as to describe different types of transactions and services between two businesses.

    Selling

    B2B selling applications allow a business to sell to other businesses through an electronic transaction. Some companies choose to sell through a private website while others may use an electronic selling service, or e-commerce site, run by another business.

    Buying

    B2B buying applications involve a business purchasing goods and services from another company via an electronic transaction. This can also be done via an e-commerce site.

    E-commerce

    E-commerce is the way shopping and selling is done on Internet. Credit cards can be used to purchase services and products in virtual stores.

    Marketing

    Businesses can also use electronic means to market their services and goods to other businesses. Email promotions and electronic newsletters are commonly used to promote B2B services.

    Warning

    When setting up an e-commerce agreement or website, you are giving another company access to financial and sensitive date, so make sure you are working with a reputable company. Search online for reviews and Better Business Bureau complaints to ensure the company is legitimate.

    Source:

    IBM E-commerce Information

    B2B Web Application Information

    Framework for Modeling B2B Applications

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy