B2B marketplaces are still in their infancy. And like any infant, this means they are growing and changing fast. They currently represent only 7% of total online B2B sales, but this figure looks to double to 14% by 2025. A key driver of this shift is an increasing demand from...
Joining – or creating – a thriving business-to-business (B2B) marketplace can bring big opportunities. Consumer patterns continue to drive B2B commerce online. And analysts predict these marketplaces will grow as B2B sales channels. The B2B eCommerce market was estimated to be worth an incredible $6.64 trillion (£4.8 trillion) back in 2020. Its rapid growth...
Speed, Convenience and Personalization Are Key Goals of Digital Transformation — and Essential Features for Today’s B2B Buyers. However, without frictionless backend processes to handle tasks like underwriting, invoicing and credit management, manufacturers will increasingly see customers jump ship in favor of more digital-savvy competitors. In our latest white paper,...
