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Tuesday, May 27, 2008

"B2B or the business to business e-commerce"

Large numbers of companies are making the use of Internet to cut the time it takes to acquire materials from the suppliers, to interact with the third party producers, in some ways to spin the business culture on top and this process of doing business over Internet is called as e-commerce. Especially the volume of trade between B2B (business to business) has been tremendously mounting at steady pace. Under, B2B e-commerce the purchase happens more quickly. The main idea of the business to business e-commerce is to purchase and sell products and services for consideration. The consumers avail products and services in B2B whereas the sellers proffer the products and services to the buyers. The producers, consecutively, vend it either to the consumers or to the sellers through global sourcing.


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