B2B business Portal

The business-to-business (B2B) portal enables companies to grow sales and expand to new markets. With a wide variety of extensions, it makes sure simple usage and lowers operating costs, unnecessary stock, physical locations and staff. The outcome is improved profitability, easier perception of business opportunities and easier response to said opportunities.

Trawex B2B is an ultimate product for B2B business Portals and travel agents and other sub-agents to book flights, hotels, buses, cars and holiday packages. It is essential for travel agents and agencies to operate reservation platforms from several branches and sales channels into one single place and for that a consistent management & processing of these bookings.

B2B Business Portal Booking System has all the basic modules included, you can adjust markup and pricing policies dynamically, display hotel rooms availability in real-time, manage credits limits, and manage cancellation policies and fares. We give an excellent online booking platform for all travel agents and tour operator companies.

How does B2B work?

In B2B, one business sells a set of products or various services to another business. Typically, there is a group or department that uses the dealer’s products and services. Occasionally, a single user on the buyer side makes a transaction in support of the company’s business objects.

Most local and online businesses prefer to use these B2B business portals and marketplaces as they offer a wide range of products and services, have many suppliers, and provide an easy way to compare prices.

With the increase of internet users and online businesses in globally, there is a need for portals and marketplaces that can facilitate transactions between buyers and sellers.

•               Business-to-business (B2B) is a transaction or business conducted between one business and another, such as a wholesaler and retailer.

•               B2B transactions tend to happen in the supply chain, where one company will purchase raw materials from another to be used in the manufacturing process.

•               B2B transactions are also commonplace for auto industry companies, as well as property management, housekeeping, and industrial cleanup companies.

•               Meanwhile, business-to-consumer transactions (B2C) are those made between a company and individual consumers.

Types of B2B Portals We Deliver:
·             B2B ecommerce portal (B2B trading portal)

·             B2B vendor portal

·             B2B customer portal

B2B ecommerce portal (B2B trading portal):

B2B ecommerce portal is used to manage wholesale orders and shipping. The B2B business portal can be owned by one big seller or a group of sellers who look for potential buyers online or by a party not directly involved in the transaction process.

B2B vendor portal:

B2B vendor portal belongs to a single big buyer or a group of buyers and is used for providing comprehensive vendor information, organizing bidding, managing repeated B2B business supplies, etc.

B2B customer portal:

B2B customer portal give customers with access to structured information on your products or services, offers self-service functionality, and the ability to request or schedule needed services.

Benefits of B2B:
The following are benefits of B2B:

·             Large average deal size.

A B2B company can increase sales with a smaller number of high-value deals compared to a B2C company, which may require thousands or even millions of individual sales.

·             Higher switching costs.

B2B customer loyalty is likely if they are completely satisfied with the product and service. In contrast, B2C customers can be finicky and not loyal, resulting in large rates.

·             Large market potential.

B2B companies can target enterprises across more industries and geographies, resulting in a big playing field. Or they can specialize in one industry, such as technology, and become director in that field.

B2B organizations advertise their products and services and conduct business online, making it easy for clients to place total orders via an efficient digital transaction model.

·             Faster delivery.

Because B2B e-commerce tools create the sales process efficient for sellers, they accelerate the process for buyers. Integrated systems able the transacting companies to sync data across channels, automate fulfillment and inventory updates, and manage complicated orders.

·             Built-in order management.

Cloud-based e-commerce platforms easily integrate with back-end systems or order management systems. This enables B2B sellers to synchronize order inventory and customer data across every channel.

·             Reduced time-to-market for any new functionality

·             Common platform for all digital experiences

·             Open, technology-agnostic and complete in the cloud

·             API-first platform for multi-channel use cases reducing integration costs and complexity

·             In-built business insights for faster decision-making

B2B business portal success factors:
A B2B business portal’s long-term value derives from a positive customer journey and the ability to move the customer smoothly between portal, product and your teams. The less a user notices how many cogs are turning within your company, the better.

A successful B2B portal:

·             is extremely user-friendly

·             has a premium look and feel

·             contains value-creating content and information

What are the requirements of a B2B portal?
● Ecommerce platform

Trawex is one of the leading open-source platforms and comes with many features to run a successful ecommerce business online.

● Cloud hosting

Cloud-based websites can promise uptime and great customer support.

● Business analysts

They study your business, customer, and completions, and provide analysis to develop an advanced and influential web portal.

● Web developers

Hiring good developers plays an important role in building a robust website with profound solutions to prevent mistakes.

● Content providers

Content providers are an essential part of any web portal because they drive your customer to complete the shopping experience. Experts follow strict guidelines to get content right because everything depends on it. This includes pictures, colors, words, and all-over graphics.

● UI and UX

The first impression is the last. It is thus important to make sure that the web portal is compatible to all devices and platforms and has a user-friendly interface. This makes the customers can feel comfortable while shopping.

● Web portal optimization

Optimization of the website can decrease loading time which allows customers to browse products faster and seamlessly.

● High-end security

Customers love to shop on ecommerce websites that are secured and guarantee their data is safe. It is advisable to follow and take all the security measures to protect your business and user data.

● Digital marketing team

Having a digital marketing team helps you reach more customers and spread the word quickly. A digital marketing team has techniques to beat your competitors and put you first in the customer search.

For more details, please visit our website: https://www.trawex.com/b2b-business-portal.php