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Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G). B2B branding is a term used in marketing.
The overall volume of B2B (Business-to-Business) transactions is much higher than the volume of B2C transactions.The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub components or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer. For example, an automobile manufacturer makes several B2B transactions such as buying tires, glass for windscreens, and rubber hoses for its vehicles. The final transaction, a finished vehicle sold to the consumer, is a single (B2C) transaction. Example for B2B site - bizbilla.com , and for B2C flipcart.com
Get More Information at: en[.]wikipedia.org/wiki/Business-to-business
Wiki User
∙ 9y ago
Business to business (B2B) refers to the transaction of goods, services, or information between two businesses rather than involving individual consumers. It involves the selling of products or services from one business to another, usually in larger quantities. B2B transactions often involve longer negotiation processes, specialized products, and contracts tailored to specific business needs.
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IS
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