7 major benefits of B2B eCommerce
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A decade back, it was hard to imagine the tremendous growth which eCommerce domain has achieved. Starting from the B2C landscape, it has gradually made its way to the B2B domain. In the latest developments, the trends are constantly shifting and evolving to generate better growth prospects for companies and startups. It is unquestionable that the B2B segment has surpassed the B2C sales in terms of the amount spent on online transactions. Soon, digital commerce will take over the sphere of total B2B share from 14% in 2020 to 17% by 2023.
Here are the major benefits of B2B eCommerce in 2020: