Online shopping is giving e-commerce businesses more and more room to flourish. E-commerce businesses have now been improving and developing with astonishing pace. E-commerce is basically doing trade online; buying and selling items on World Wide Web rather than local stores and shopping malls. There are many different modes for selling online and every mode needs a different king of shopping cart.
Every business to business (B2B) online store needs a B2B shopping cart. Use of the right product and the right type of shopping cart affect your business.
Before going on further with B2B shopping cart, let us discuss first what is meant by B2B? B2B, as written above, means business to business. E-commerce, as with real life trading, deals in different aspects of trading.
Some trade with consumers, some with other business, some trade from consumer to business and some trade from business to consumers. B2B, as stated earlier in this article is business to business trading.
The point in e-commerce is the issue of secure payments, valid transaction and transfer of money from shopper’s credit card (or bank account) to a website and to website to owners accounts. This wired connected worldwide trade – the e-commerce – just like real trade has different forms and types with different benefits and drawbacks.
All types are different ways of buying and selling services and products. Some types of e-commerce are Consumer to business, business to consumers, business to employee and consumer to consumer. All of these have different modes and limits of transactions and payments.
Business to business is relatively new in e-commerce and getting more popularity than previous types of e-commerce and having a good shopping cart software review is important. According to a rough estimate, there are almost 90% of transaction made on internet are made via B2B e-commerce type as it allows large amounts o secure and quick transactions among business partners to improve their business which in due course increases their profits.
This is the main reason it is more common in practice where there are online store and e-shops. Owners of online shops and e-stores prefer this practice of transaction over any other form of transaction as it is quick and more reliable.
Business to business software that is used in online stores and websites and blogs that allow people doing shopping and buying services online is called B2B shopping cart. This software is featured with many of the common tools as the standard shopping cart software has.
Among the advantages it has is cost-efficiency. You do not have to spend millions to have a shopping cart. B2B shopping carts unable you to have your store open 24/7 and to have customers from all round the globe. To be exact and precise, you’re having a store that can be visited from everywhere in the world wherever the World Wide Web (the internet) is accessible.