If you want to make more sales, why not launch a BtoB marketplace that is unique to your business identity and can complement your business on your physical outlets?
An increase in revenue 5 times faster than previous levels is the profit scale that B2B e-commerce businesses can expect. This is a booming industry, with strong growth potential.
The benefits of B2B e-commerce are numerous. Let's talk about them !
B2B marketplace statistics speak volumes
- 94% of B2B shoppers search online before making a purchase decision.
- 71% of B2B buyers prefer not to interact with a seller.
- 57% of the purchase process is completed before committing to a seller.
- 59% of B2B shoppers report that personalized recommendations have influenced their purchasing decision.
- 70% of all B2B decision makers today are web-ready millennials.
- Agile B2B people are 70% more likely to achieve better organizational health than their peers.
- More than 69% of B2B businesses plan to stop printing catalogs within five years.
- More than 98% of B2B shoppers are looking for the same shopping experiences across all channels. As a result, more than 80% of companies invest in omnichannel experience.
- 41% of buyers are frustrated by incomplete pricing information. 74% would make a purchase from a competitor if the experience on your marketplace does not match the purchase expectations.
- Improving the user experience with this data can bring you an additional 9% revenue creation.
- 86% prefer to use self-service tools to place orders rather than talk to a salesperson.
- Strong brands outperform weak brands by 20%, on average. 77% of B2B customers make purchasing decisions based on brand name. 84% of B2B buyers are willing to pay more for exceptional branding experiences.
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