What is B2Bï¼
Written by Jamesdong
B2B means Business to Businessï¼as in businesses doing business with other businesses.
It also means enterprises and enterprises exchanges product information, services and information through the internet. It can be shown as both sides of the business; enterprises parties could complete the transaction through the internet technology and various e-business website platforms.
The procedures include releasing supply and demand information, order placement, payment process, signing bills, sending and receiving bills, delivery etc.
Some writers prefer B2B to B to B, which was pronounced the same. In fact, e-commerce mode includes C2C (customer to customer), B2C (business to customers), C2B (customers to business).
One mode of B2B is vertical B2B business mode facing manufacturing industry or facing commercial industry. Vertical B2B could have two directions, upstream and downstream. Manufacturers or commercial retailers could make up supply relationship with the upstream suppliers. Manufacturers or commercial retailers could make up sales relationship with the downstream agencies.
Vertical B2B business mode is different from traditional e-business modes, which could only collect information and distribute information on the platform without any value added services.
IBUonline is a vertical B2B business platform; it serves international buyers and sellers. Also it could provide services to follow up the whole procedures in the business for both parties in international trade business.
IBU welcomes your visit. If you have any questions or concerns about IBUonline, please visit the homepage and communicate with the online service representatives. You will get quick response.
Article author
About the Author
IBU is more than an international business platform; we not only connect global buyers and suppliers, but also participate in the whole process of international trade, provide a series of practical services (off the platform) to greatly enhance the efficiency of global trade.
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