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Sunday, June 26, 2022 3:19:46 PM

Re: bucks2pennies post# 71120

Post# of 73636
Yes bucks look at second picture of Current Market Activity "Mask Program"
Line item #2 for starters in my post. While it might or has taken some time to put that together as one contract maybe worth $30+ milly Revenue. Lets say that might be a little optimistic & cut in half at $15 milly. How long do think it would take retail one customer at a time and a huge number of employee's to make that happen?

B2B e-commerce, business-to-business electronic commerce (B2B electronic commerce), is the sale of goods or services between businesses via an online sales portal. In general, it is used to improve the efficiency and effectiveness of a company’s sales efforts.

Advantages of B2B E commerce Model
There are many benefits in B2B ecommerce businesses. Some of the advantages of business to business e commerce are the following:

Efficiency
Enterprise Resource Planning (ERP) is a trend for B2B commerce that has led to efficiency in the operations of a business. Customers can order goods online and reach customer care at their convenience. Customer care service improves the shipping process and also the company gets to know customer complaints so that it can rectify.

Better Scale
In a B2B model, a business has a higher chance of gaining more market. The market demands more for a B2B model in which a business can achieve by coming up with new sales channels. Also, through an online advert, a B2B model can reach more potential customers.

Growing sales while reducing costs seem impossible, but it is the case with B2B commerce. There are lower costs since all the processes are automated. Automation gets rid of errors and unforeseen expenditures. B2B commerce heavily relies on the use of technology, thereby reducing the cost of labor. This finally leads to the provision of excellent services through customer care service.

Increase in Sales
With e-commerce, you not only get new customers, but you also get mew recommendations. For this cause, customers are likely to purchase related products with the same features as those of B2B models.

Acquire New Markets
B2B commerce can reach a wider market exclusive of the market that is already in existence. This is because B2B models can sell to both consumers and resellers. It is also possible to sell to both online and direct customers, thereby increasing its market.

Market Predictability
Unlike other markets, the B2B model has a more stable market. It can also adapt to various conditions within the market. This is important in acquiring more potential customers and resellers. For this reason, it is easy to predict how the market will be in the future based on sales records.

https://fififinance.com/b2b/b2b-commerce

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