The B2B eCommerce industry is worth roughly $1 trillion in the U.S. alone today, according to estimates from Gartner and Forrester Research. Not to mention the industry is growing at nearly four times the rate of B2C eCommerce, as distributors like you respond to the growing demand among buyers to purchase online and on-the-go.
In this second part of our e-commerce logistics e-book series (get part 1 about considerations & background here) we’ll go more in-depth of all the benefits going online and opening another sales channel gives manufacturers and distributors. We’ll also offer tips on how to go about getting started with best practices of execution in an e-commerce logistics practice. Get the ebook by filling out the form below!
Download the The Benefits & How to Execute an E-Commerce Logistics Practice for Manufacturers & Distributors E-book
Modern day technology is making B2B eCommerce platform adoption an easier transition and more manageable change for manufacturers across the globe. The cloud has become a low cost, more reliable way to deliver technology. Cloud companies are driving the cost of IT infrastructure to $0 with better reliability than you could ever create in your shop. For companies who have experienced large cost-of-ownership associated with the adoption and implementation of new technologies to the business, Platform-as-a-Service (or PaaS) offers dramatically lower total cost of software.
The reason manufacturers and distributors are realizing the benefit of B2B eCommerce today is simple: There are ways to save real cost in your demand chain and improve your relationship with customers. With the right B2B eCommerce platform, manufacturers can develop best practices for reducing order costs, simplifying complex processes and increasing order accuracy, along with adapting to a new generation of buyers.
Manufacturers should streamline their order management by adopting B2B eCommerce for several reasons.
E-commerce is a way for manufacturers to experiment with new products without risking a significant investment. Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store.