narrate the success factors involved in B2B e-commerce B2B
Answers
Answer:
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Explanation:
Business to Business e_commerce (B2B) is where two different business partners come in contact with the business proposal or deal while using the online methods of working
EXPLANATION-
This pattern of business development where two strong competitors want to cut-off the competition and create a good market for each other.
This also helps in Economic growth and development leads to the technological and criteria of the working structure up-gradation. These forms of business also create job opportunities for the domestic market.
Success factors of business - business e-commerce-
• Expanded customer range - When a business collaboration has done through online platforms like Nykaa, Amazon, Flipkart, etc. Bring huge impacts on customer engagement for the business.
• Upgradation of working - As we heard the saying, 2 is always better than 1. That law is fully applicable here and helps to boost the working in all aspects like technology, working methodologies, etc.
• Cut-off unwanted competition- If you have to stay in the market you have to have a good share of the market and be competitive but sometimes, this competitiveness brings unwanted pressure over the business and employees that reduce their effectiveness and efficiency.
Conclusion-
Hence, in the Dynamic world of business, it's always better to look on the thing from two different perspectives to maintain flexibility and adaptability to perform to the utmost core potential.
Learn more about B2B e-commerce here - https://brainly.in/question/5956690