1. Compared to B2C e-commerce,
B2B e-commerce is
a. Of equal size
O b. Slightly smaller
c. Slightly large
d. Much larger
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B2B e- commerce
Compared to B2C e- commerce, B2B e- commerce is (D) much larger.
GETTING TO KNOW MORE ABOUT B2B e- commerce:
* Business-to-business electronic commerce, or B2B ecommerce, is the sale of products or services between businesses through online transactions. Wholesalers, manufacturers, distributors, and other types of B2B sellers benefit from increased buying efficiency and effectiveness since orders are completed digitally.
* Retail, food service, construction, and medical are just a few of the businesses that use wholesale B2B models. Wholesale B2B transactions are typically conducted over the phone, over email, or using spreadsheet order forms.
* Everything is digital in wholesale ecommerce when using a B2B ecommerce platform. The platform makes it easier for the wholesaler to present items and delivers a more seamless purchasing experience.