B2B marketplace business is growing every year, every merchant much takes this opportunity to scale their business by selling via a B2B marketplace platform.
You know what, still the B2B segment remains an untapped potential as it offers extensive access to a wider audience base and global reach.

B2B merchants can use up this marketplace platform for selling their product online directly to another business. In most case, B2B business models look and works similar to B2C, but there is some way that B2B stands out, where the regular B2C can’t compete with.

How B2B marketplace differs from the B2C marketplace?

Before getting into the wider picture in detail, let’s consider both the B2C and B2B marketplaces here. Online marketplaces like Amazon, eBay, and Alibaba mostly have both B2B and B2C marketplace characteristics of their website.

The B2B marketplace platform connects one business to another business to carry trades in exchange for their goods and services. Whereas the B2C marketplace connects buyers and sellers around all under a single roof called a marketplace platform.

B2B marketplace platform - Vendor catalog management

B2B marketplace vendor catalog is an extensive feature that sorts out a huge problem called “Inventory Source”. Because here the scenario is different, finding the right vendors for the multi-vendor marketplace is hard. There are many factors for the B2B marketplace that moves to b2b multi-vendor catalog management:

• Retailers will have various filters such as attribute, category, and price filters
• B2B shopping list can be added based on retailers
• Provides all SKU for all products to vendors
• Need to provide catalog based on - categories and groups
• Either flexible or fixed price list based on vendors

As per the above screenshot, vendors can have varied options to choose the products. This would be the best way to provide present the vendors with a complete wholesale catalog.

B2B Marketplace Inventory Management

B2B multi-vendor marketplace always finds difficulty in managing inventory, so in order to bypass or to source the perfect inventory, it is better to go with drop-ship stores like Alibaba.

Every B2B marketplace should opt for inventory management similar to how Alibaba marketplace does. Their B2B business approach is considered as good as it allows vendors to make search catalog completely, the whole marketplace in literal.

Also, there is another prime aspect called “select and sell” referred to be best among expertise.
Retailers choose to select and sell

Retailers always choose to pick the best system that has better handling in “select and sell”. A B2B multi-vendor marketplace vendor catalog provides easy and seamless options such as “Search select and sell". Here, the vendors have the upper hand to search the entire product database.

Also, they will be able to add, manage whatever they want to sell, and add that information to their profile.

Webnexs is one of the finest B2B marketplace service providers with a wide range of offerings of B2B, B2C, and C2C marketplaces.

Discuss your B2B multi-vendor marketplace needs now, click here.

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