B2B Marketplace or My Own B2B website
Admin - 06/07/2022
B2B online website or Join B2B MarketPlace?
Building your B2B shop requires significant investments and digital management at your End. Digital Presense is something Serious and must be considered as Physical Presense of the Business. Branding and personalization of your B2B website too.
Marketplace B2B Platform is an eCommerce website which manages data, information, orders, digital presense of multiple business. It has a wide variety of products, which attracts various types of clients. The B2B platform can be considered as a Big shopping mall if it is Horizontal oriented or a Big Expo if it is Vertical Oriented. In both cases the digital presense is manageable by the Business itself.
Advantages and Disadvantages of owning your B2B Shop
Owning a personal e-commerce website includes many benefits. The first benefit e-commerce website gives to your business is the total control over your business at every stage. Another benefit is that you have the freedom to personalize the online shop look. After the launch of the online store, there will be no visitors, because your future clients are unaware of your brand. To bring traffic to your e-commerce website, improve search engine ranking and make sales, you need a comprehensive marketing plan and marketing budget. Only a few businesses can afford a custom e-commerce website development because it is costly. For that, small and medium companies use SaaS or open source platforms to create an e-commerce website. However, to develop an online store, you still need time and money. You also need to buy a domain name and pay for secure HTTPS certificate
Advantages and Disadvantages of Joining a B2B MarketPlace
Benefit of online B2B marketplace is that all the required information is organised and presented at one Place. Your potential customers are already there. It is not necessary to have a marketing budget. If you have no experience with web development, you can still easily add new items to the product catalog or change prices. Moreover, when trading in the marketplace, you do not need to worry about security issues and payment gateway. Online marketplaces have minimal space for seller profile’s personalization”
Why should i join a B2B marketplaces even if i have my B2B website?
B2B MarketPlace and especially the vertical should be consider as an Online Expo Center. Where you can Present your Company and Products to potential Clients.
Joining a B2B MarketPlace is another Sales and Presentation Channel for your Business which is not competitive to your existing B2B sales Channel.
Globally more than 55% of users are prefering MarketPlaces for their orders than simple B2B websites. Usage, time spending and common interface are the main reasons.
Gain from MarketPlace's awareness and introduce your Company to clients might didn't know your existance or your competitive advantages.
Why Choose participating in SupFolio's Family
SupFolio is designed by Experts in B2B Commerce to integrate and automate processes between customers and Suppliers in order to improve the speed and efficiency of procurement.
Complete Corporate and Product Presentation of the Suppliers participating in SupFolio. Grouped in one Space, like a Sector Exhibition.
All in One Platform
We provide a single platform for all procurement activities, providing stakeholders and managers with a central platform for management and control.
SupFolio provides real-time updates for suppliers and partners, eliminates ordering errors, and digitizes process.
Benefit from developing new partnerships with other Suppliers you may be interested in, Expand your Supply Portfolio and Options and strengthen existing partnerships with Suppliers you are interested in.