Wholesales, suppliers, and manufacturers who have ventured in B2B eCommerce are earning higher profits as compared to their competitors who have not. The fast growth in B2B eCommerce is a result of technological advancements and customer expectations.
B2B customers now expect the same convenience and options they get as private buyers who place orders online after doing their research. We can see this trend becoming prominent as more and more millennials become a part of B2B buying decisions.
Meanwhile, advancements in technology allow manufacturers to build manufacturing eCommerce platforms that can handle complex re-ordering, payment, purchasing, and configuration processes.