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b2b Write for usB2B write for us: (Business-to-Business), a kind of electric commerce (e-commerce), is the exchange of goods, services or information between companies, not between companies and consumers (B2C).

A B2B transaction is carried out between companies such as wholesalers and online retailers. In most B2B business models, each company benefits in some way and generally has similar negotiating powers.

By 2027, global B2B e-commerce is expected to reach $20.9 trillion, a CAGR (compound annual growth rate) of 17.5% over the forecast period (2020-2027).

How does B2B Work?

In B2B, one company sells products or services to another company. Typically, a group or department uses the supplier’s products and services. Occasionally, a single buy-side user makes a transaction in support of the company’s business objectives. And some B2B transactions involve company-wide use of products such as office furniture, computers, and productivity software.

Why is B2B important?

B2B is important because every company needs to acquire products and services from other companies to start, operate and grow.

A company’s B2B suppliers offer office space, furniture, computer hardware and software, and more. The food companies store in their kitchens, and the signs displayed in their office buildings are sourced from suppliers.

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