Be ready for the Future of B2B eCommerce
The B2B eCommerce channel is undergoing massive changes in the coming years, to succeed well into the future, your eCommerce platform must be ready, flexible and scalable to handle the enormous volumes of B2B sales. The key questions that any B2B retailer should introspect is,
- Whether your existing eCommerce platform or strategy equipped to capitalize on this opportunity?
- Will you lose out as customers abandon you for more powerful, feature rich, and user-friendly B2B eCommerce websites?
B2B eCommerce Features
A significant percentage of B2B eCommerce purchases, involve approvals and workflows that pans across various verticals of an organization.
Integrating the Magento store front with an ERP, combines the features of two robust platforms to create a powerful eCommerce engine.
An advanced Order processing mechanism is needed in B2B, which involves bulk orders, sample orders, customized orders and many more.
Purchasing & Invoices
B2B purchases usually involve a purchase order processing along with different payments that includes credits, invoice and advanced payments.
Quotes & Pricing
Retailers can now provide custom pricing options including negotiated prices, volume discounts and flexible payment terms.
Inventory management includes real time tracking along with setting up indicators for optimal stock levels and pre-orders.
Customer Success Stories
PDC Solutions, a prominent global healthcare solution provider, was experiencing issues in order processing in their B2B business, since it involved very complex business logic. To resolve these issues, we implemented a fully functional B2B store front in Magento.
Salter Labs, a leading B2B healthcare solutions provider, was using Oracle ERP for their day to day business activities. Integrating their Magento B2B store with Oracle ERP enabled Salter Labs to achieve better customer relationship by synchronizing data between the two systems.