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Trading partners are parties which exchange EDI transmissions.
In Business to Business e-communication the main use of EDI is in Supply Chain Management. The supply chain management is the movement of commodities from one business to another in this case. This movement of goods and services is very important in stock management and accuracy in production process scheduling and successful delivery of products to the market. Traditional businesses, have used and relied on their sales, and purchasing departments, in development and maintenance of supplier and customer relationship. This interconnectivity improves customer service and hence being able to attract new suppliers and customers. This is brought about by the efficiency in handling the current customers. This makes them to be able to come back for a repeat purchase and also bringing others along. It would be easier for the business to improve services and goods through customer feedback and thus increase sales revenue.
B2B is an e Commerce platform where there businesses conduct transactions electronically over the computer networks. (Turban, et al. 2012). This is transactions between businesses such as between a manufacturer and a distributor. Here they use technology in their business transactions. The volume of transaction is much higher than that of between a customer and business. This is because it involves a lot material in the transactions such as buying of raw material. The transaction involving between a business and a customer involves a few finished products. (Information Resources Management Association, & Khosrowpour, 2001: 85)
The introduction and growth of internet has introduced significant opportunities to the consumers and businesses alike. This means that a business can remain for a whole day in a big market without incurring further expenses like was the norm before the web or when operating a traditional retail shop. Firms have now ability to buy and sell products in a
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Based on the characteristics of the buying behaviour of both the business firms and the consumers, theorists and marketers have evidently remarked to the context that B2C and B2B buyers pose certain significant similarities along with few major differences (Dave, 2008).
Web sites currently hold the position of one of the most crucial tools a company must possess in order to ensure their survival in business. In this report, we focus on the details that the company’s website will focus on in order to ensure the intended results to the company.
In terms of Supply chain the main difference portrays the channels through which the product flows to the end user. "This flow includes product orders/service requests from customers, product information, specifications, providing of services by Business etc".
These terms were fashioned to differentiate businesses that sold to primarily to consumers verses those whose sell their products or service to other businesses. Originating from the field of internet commerce, these expressions have now expanded their definitions to refer to any business who sells primarily to the end customer or to other businesses, both online and offline (Murphy, 2006).
B2B is the business where both parties are organizations or companies working with each other for some kind of mutual benefit such as Skillbay.com. An example of this would be industrial suppliers or manufacturers who sell to a business that eventually takes final goods to the customers.
In addition to above, a company also needs an interactive “blog” for its users and customers to allow them to share their comments/feedbacks on various projects.
This report presents a strategic plan for creating an E-Commerce
Business-to-business or B2B refers to the business transactions between different business groups whereas business to consumer or B2C refers to the business transaction between a company and a consumer. There are many B2B and B2C companies. For example,
The role of marketing emerges in the fact that it is impossible to makes sales without marketing. According to the public eye, marketing remains to be marketing irrespective of the fact that it targets
B2B bargains principally with different organizations, not the general population, while B2C gives items and services specifically to the end client. The starting venture in building advertising methods for both B2B
B2B Online direct marketing that offers services and which derives revenue from Transaction fees http://extrastores.com/en-sa/. More so, online consultancy B2B businesses derive their revenues from subscriptions and enrollments to the online
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