BENEFITS OF B2B MARKETPLACES FOR BUSINESSES
Today, B2B marketplaces are changing the sport for forward-thinking B2B businesses. This approach to ecommerce allows a B2B business to become marketplace sponsor and digitally connect buyers and suppliers to streamline the availability chain. It's important to acknowledge that there are three roles during a B2B marketplace ; the sponsor or seller, the buyer, and therefore the supplier. A B2B marketplace is an ecosystem and it runs the simplest when it's in balance and benefiting each role. HERE ARE THE TOP BENEFITS OF B2B MARKETPLACES: BENEFITS FOR THE SPONSOR OR SELLER: Role Definition: Businesses who connect buyers with suppliers. These businesses are the "owner" of the marketplace and have an aggregated group of buyers they need to attach to a get group of suppliers. Benefits: Sponsors capture process benefits by offloading the task of product information management to s...