As more organizations understand the importance of e-business concepts, the prefix e- may eventually disappear from our vocabulary. Whether we like it or not, e-business affects every organization. It is impossible to hide from its impact or influence in the marketplace.
Beginning with the fundamentals, there are three ways that we can do business: directly with consumers, commonly known as B2C (Business to Consumers); between business operations, whether in supply chains, partnerships, or development environments, known as B2B (Business to Business); and internally inside the organization B2E (Business to Employee). Using e-business tools extensively, organizations can effectively develop and deliver the improved strategies.
Among these three ways of doing business, the one way which is growing exponentially is B2B. As the technology progressed, and the world shrank due to globalisation, businesses all over the world realised the importance of collaborating with each other to better serve the customers and to survive in the marketplace. Competition is no more between competitors; competition is between supply chain strategies.
As competition in the marketplace increases, customers start reaping the benefits of low cost and better quality. The B2B development has also led to similar benefits. Consider the website http://ebusinesszone.net/. This is an online marketplace. It brings the whole supply chain under one roof. There are manufacturers, wholesalers, distributors, importers, and exporters registered in this site to stay competitive in their respective fields and look for complementing their core strengths from national and international suppliers.
In the process, B2b business facilitates businesses as customers to look for the cheapest supplies, sourcing the best materials from worldwide markets, and making their products competitive in the market. These cost and quality benefits translate to lower costs and better quality for the end consumers. Companies can also afford to remain competitive when they are facing sharp increases in their raw material costs and during periods of recession.
The other cost benefits are obviously the low marketing costs, doing away with brokers or intermediaries, building relationship and goodwill with the customers. All the above clearly point out to improved advantages for both the businesses and the customers. Hence, manufacturers, exporters, importers, distributors, or any other businesses can register on http://ebusinesszone.net/ and update their products. You can register for FREE and start reaping the benefits of the new-generation business model.
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