Advantages And Disadvantages Of B2B Portals

The Internet over the past few years has seen a huge increase in online businesses and consumers. Electronic-commerce is expected to generate $36 billion in revenue during 1999, up 140% from last year alone.[1] With such a huge amount of money to be made on the Internet it is becoming very appealing for small businesses and start-up companies to try and make their niche in e-commerce. The Internet is drastically affecting the way companies and people conduct business now. E-commerce encourages growth in existing as well as new businesses because of lower overhead costs, the huge consumer base and the freedom of information flow. However the online revolution has created a large

Once a decision is made to develop a business, whom the customer will be is the next decision to be made. Whom will the company target as a customer? Will it be a business? Or will it be a consumer? Business-to-business (B2B) marketing has differences from business-to-consumer (B2C) marketing practices. This paper will outline these differences between the two types of e-commerce business transactions.

From Tier-1 to Tier-2 cities, the Indian e-commerce industry has broken a number of stereotypes about how India shops and what India shops for. The number of Internet users in India grows by a staggering 32 percent annually and this growth rate is bound to increase exponentially as the reach of smartphones is predicted to aid the penetration of internet in every nook and corner

B2B is one of the major forms of e-commerce. Here the seller and the buyer participate as the business entities.

A computers have become more mainstream, more and more operations are conducted online. From online bill pay to simple searches, as one would do with the yellow pages, to online shopping, the Internet has helped shape the way computers are used today. With the Dotcom boom of the mid-nineties and early 2000s, ecommerce and e-business really started to take off. The Internet has given way to some of the biggest economic booms in history. The invention of smartphones and tablets has allowed for consumers to have instant access to the Internet, right at one's fingertips. While e-business is becoming more mainstream, and has its advantages, e-business also has its disadvantages.

Today e- commerce has become an integral part of everyday life. Accessibility to e-commerce platforms is not a privilege but rather a necessity for most people, particularly in the urban areas. The first E-Commerce site in India was rediff.com. It was one of the most trafficked portals for both Indians and non-residents Indians. It provided a wealth of Indian related business news a reach engine, e-commerce and web solution services. Today the number of internet users in the world is close to 3 billion. Out of this, India has a total of 259.14 Million internet and broadband subscribers. (Source: Internet Usage Statistics - The Internet Big Picture - World Internet Users and Population Stats” available at http://www.internetworldstats.com/stats.htm ) This penetration of internet coupled with the increasing confidence of the internet users to purchase online, has led to an enormous growth in the e-commerce space, with an increasing number of customers registering on e-commerce websites and purchasing products through the use of mobile phones. It is not surprising, therefore, that India is in a prime position for the growth and development of the e- commerce sector. In particular, e-commerce presents one of the greatest opportunities in the retail sector. The mergers and acquisitions are also taking place in e-commerce

The scenario of eCommerce in India is still at nascent stage. At present, the success of E-Commerce relies heavily on the internet and mobile phone revolution which is expected to tranform the way products reach their customers. In countries like the US and China, e-commerce has already made substantial gains by achieving sales of over 150 billion USD in revenue. However, the industry in India is, still at its infancy. In spite of this, over the last few years, E-Commerce has grown considerably by over 35% CAGR from 3.8 billion USD in 2009 to around 12.6 billion USD in 2013.

As described by Reynolds, E-commerce takes several forms, including business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and e-government (e-gov). It’s any type of organization, or that includes the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge (Reynolds, 2016). While there are multiple factors of e-commerce operation for retail interacting with its customers the three primary benefits are effective customer service, convenience, easy and timely efficient orders.

However, there are some challenges such as longer buying cycles, or high sales volume, low price pints and many decision makers, the road to B2B success requires a different approach compared to those conventional B2C strategies. These make the two processes differ from each other. B2C is more humanely compared to B2B and make good profits but not a huge some but the trust on B2C is quick which B2b fails to seek along with other pain points.

India’s Business to Business (B2B) e-commerce market is expected to reach US$ 700 billion by 2020. Online retail is expected to be at par with the physical stores in the next five years.

There is a lot that eCommerce sites have to offer to B2B, so let's mention just a few main

How much did U.S. consumers spend on-line in 2014? According to the website Internet Retailers, consumers spent almost $300 billion in 2014. That was an increase in 15.4% over 2013 sales. 2013 sales totaled close to $265 billion (internetretailer.com). Today technology is business. E-commerce is big business. In the discussion I will state how e-commerce impacts consumers in many areas. First, I will define e-commerce. Then, I will discuss the advantages and disadvantage of e-commerce. Next, I will discuss hosting an e-commerce site for a small on-line business. This paper will focus on capabilities and costs for creating an e-commerce site. In addition to the capabilities and the costs the hosting sites, I will examine their tools and offerings. Lastly, this paper will indicate which choice was made and an explanation of that choice.

Traditional B2B invoicing, on-account arrangements and payments by check prove increasingly inefficient when companies can get immediate payments using credit cards and integrating other mobile payment systems into their eCommerce platforms. Technology and faster communications, secure encryptions of financial information and growing acceptance of mobile payments are influencing business-to-business organizations to offer more payment options to their customers. Integrating multiple payment solutions not only leads to faster payments and better cash flow but also simplifies accounting and provides backup verifications of

It’s been a long time coming, but you’re finally ready to launch the business you’ve been dreaming about for years! You’ve had the name picked out forever, you think about business plan details in every spare moment and you’re itching to place your first ever order of business cards to kick things off.

In recent years business-to-business international Internet marketing (B2B IIM) has received widespread attention. Avlonitis and Karayanni (2000), Hamill and Gregory (1997), Hoffman et al. (1999), Porter (2001) and Quelch and Klein (1996) conducted in-depth studies to understand those factors that are needed to enhance B2B IIM implementation. Various articles, empirical research, and secondary case studies on B2B, Internet, international marketing, and information technology were studied. The findings of these studies identified 21 factors that have a direct impact on successful implementation of the B2B IIM. These factors