One can’t oversee the truth that Magento e-Commerce solution has brought transformative changes in the manner B2C business has functioned and performed over the years. Today Magento is a big name in B2B due its segmentation options, unique catalogs and flexibility.
According to recent reports “In United States alone B2B E-Commerce was over two times the size of B2C.” As per the reports B2B was a whopping $780 billion and B2C at $325 billion, that’s just less than half.
You must be aware of how Magento can do wonders for your online business? The basic necessities of a B2B portal are same as that of B2C, such as:-
- Invoice and order history
- Information on order status and shipment
- Live assistance in the form of customer care
- Wishlist, favorite products and recommendations
- Discounts and offers
- Multiple images of the product, detailed specs, download able data sheets and manual and video tutorials
- Invoicing and incomplete shipments
- Easy and fast reordering feature
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