Expanding into B2B: 5 Tips for Success for Retailers
Five tips for retailers expanding into B2B, including reducing reliance on credit cards, building customer loyalty and keeping payments simple.
By TreviPay
Retail has had a front-row seat to change in the past couple of years, embracing eCommerce and buy online, incorporating pick up in-store, ushering in a new era of touchless checkout technology, and disrupting the sales channel with direct-to-consumer brands. In 2023, retailers have the opportunity to expand into B2B markets, but one large hurdle to accomplishing this is enabling frictionless B2B payments. Our guide “Expanding Into B2B: 5 Tips for Success” gives historically retailers actionable tips to expanding into B2B markets including:
- Reducing reliance on credit cards
- Empowering customer loyalty
- Making payments as simple as possible
- Enabling Omnichannel Payments
- Prioritizing Fraud Prevention