Call Us at: (877) 3-B2B-SEO

Subscribe
For Updates

B2B ecommerce coming of age

November 10th, 2011

Ecommerce making strides in B2B.

A recent study from BtoB Magazine revealed new trends in B2B ecommerce adoption and predicted growth in the sector over the next several years due to convenience within the B2C marketplace.

The study, sponsored by Rainmaker, pointed to the openings of new sales channels and the immediacy that ecommerce provides as the two primary reasons for B2B ecommerce growth going forward.

DemandGen Report cites predictions at the turn of the century from sources such as Gartner and Forrester Research that estimated B2B ecommerce would reach upwards of $3 trillion by 2003. While growth has not been quite that rapid, recent technological developments have allowed the sector to shine.

For example, new technology has become available that lets businesses provide salespeople, channel partners and customers with online tools that transform B2B buying into an experience similar to that of a consumer shopping online. In addition, the latest B2B ecommerce platforms support complex product filtering, bundling contract management and pricing rules while leveraging Web 2.0 technology to provide a realtime shopping experience.

The news source also attributes the burgeoning growth to Generation Y entering the workplace. They're less inclined to respond to sales pitches and prefer to do all of their product research and purchasing online.  

Related Articles

Google to Make Changes to “Rotate” Setting in AdWords

Wednesday, May 16th, 2012
Facebook makes big purchase.

Functions of a corporate B2B marketer

Tuesday, May 15th, 2012
A recent survey from Penn State University's Institute for the Study of Business Markets (ISBM) and an Evanston, Illinois-based marketing agency looked at the importance of corporate marketing within B2B organizations, BtoB magazine reports.
Should you use this?

Survey tallies B2B budget expectations

Wednesday, May 9th, 2012
Citing gaps in marketing investment growth, Forrester Research recently revealed that B2B marketers are less optimistic about budget growth in 2012 than they were in 2011.