What Is B2b (business To Business)?

By Author: Subho Chowdhry
Total Articles: 457
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For every B2C exchange, there are many B2Bs. Why and what does it mean? When you order something online it is a B2C or business-to-consumer exchange, B2B or business-to-business is the exchange of products, services or information between two companies. The B2B market is huge and includes everything from payroll processors to industrial vendors to software developers. B2B companies exist in all industries and every B2C company generates B2B activities. For example the automotive industry. Every truck driver's car that lands in a consumer's driveway contains dozens of parts and products that the manufacturer bought from various suppliers. B2B transactions generally occur under three circumstances. When a company purchases materials such as car parts, when a company purchases services such as hiring an accounting firm to manage its finances, or when a business sources finished goods for resale such as a dealership, buying a car from the manufacturer to sell to a customer. There are many more B2B transactions than B2C. Because for every B2C transaction, there are dozens, hundreds, even thousands of B2B transactions that need to be completed first.

Ambit Technologies (P) Ltd. is a front-line full spectrum web and mobile development company providing result-oriented cost-effective solutions to enterprises - big, medium and small - spread across the world. It is also a reputed IT outsourcing solution provider having catered to customers spread across 78 countries of the world. Ambit Technologies (P) Ltd. strives to keep abreast of the latest of technologies and bring in innovative ideas constantly in the projects it undertakes.