| What is B2B? | | | | to Start your local Business - Check Your Local B2B |
| B2B is short for "business-to-business". Most local | | | | Directories. |
| business relies on this type of electronic commerce | | | | Electronic intermediaries |
| where the transaction is usually done directly by the | | | | This is based on the IT side and the business |
| manufacturer and a wholesaler, or between a | | | | infrastructure of B2B directories to become in order |
| wholesaler and a retailer. B2B implies that both the | | | | and help build the trust and integrity of the market |
| seller and the buyers are business corporations; while | | | | participants ensuring them a legitimate transaction has |
| business-to-business electronic commerce implies that | | | | been performed. In traditional markets there are no |
| the buyers are individual consumers. Some related | | | | electronic intermediaries involved. |
| terms are B2C which means business to consumers, | | | | Just in time |
| and B2G which is business to government | | | | JIT delivery is the part about maintaining an |
| What B2B Directories can offer your local business? | | | | inventory. It helps your business from getting |
| 1. Regarding your Product - it's price, and tracking its | | | | overstocks and keeping production lines moving. This |
| sales history | | | | means that a supplier must be able to provide |
| 2. For your customers - sales history and forecast. | | | | just-in-time (JIT) delivery - reliably getting products |
| 3. For suppliers - Product line and lead-time, sales | | | | there just before the customer needs them. |
| terms and conditions. | | | | Electronic Data Interchange |
| 4. In terms of product process - capacity, product | | | | EDI is the electronic exchange of specially formatted |
| plan. | | | | standard business documents such as orders, bills |
| 5. For fellow competitors - market share, product | | | | approval of credit, shipping details and confirmation |
| offerings. | | | | sent between business partners. This is an important |
| 6. In terms of sales and marketing - marketing | | | | part in integrating a B2B. |
| promotions | | | | What are the advantages of B2B Directories? |
| 7. The supply chain process - the quality, delivery | | | | The main advantage of making your local |
| time etc. | | | | business rely with B2B directories is for dramatic |
| Electronic Marketing | | | | changes in cost reduction. |
| A B2B directory can be used to sell the company's | | | | Since we are in the era of getting more |
| product and services to business customers on the | | | | advanced in technology B2B directories mainly rely |
| Internet. Maybe termed as seller marketing because | | | | with |
| customers visit the web site that the supplier has | | | | Electronic commerce. |
| prepared. | | | | B2B directories helps your business lower the |
| Procurement Management | | | | cost and still get an effective marketing strategy |
| This process will help your business in terms of | | | | It shortens the selling cycle |
| purchasing goods and services from other external | | | | Electronic Data Interchange or EDI where |
| suppliers. In B2B directories they will provide your | | | | electronic funds transfer is used |
| local business on how to issue Purchase Orders, | | | | The most important of all is B2B's can promise |
| receive and approve deliveries, endorse supplier | | | | JIT or just in time delivery where the company can |
| payments and manage suppliers against their | | | | track their goods through online tracking. Without B2B |
| contracts. To cut it short, this means letting the | | | | Directories - Business were never so easier. |
| buyer know they get what they have paid for. Want | | | | |