The time has come when no one can deny the role of e-commerce sites to make the customers’ lives easier. In addition, e-commerce has provided opportunities for business owners to reach even the most remote corners of the planet. B2 eCommerce is such an opportunity offered by the world of e-commerce. Although the B2B e-commerce market is quite new, it has a very promising future estimated by the experts. B2B e-commerce will increase its value as a B2C market value twice, and that’s a huge part.
Since the B2B market has a very promising future, it is a fact that competition in this segment is also more difficult. So, the first question that comes to our minds in this situation regarding the choice of the best e-commerce platform to facilitate a B2B business hassle-free in the long run.
Magento B2B eCommerce
B2B sites are very different from regular e-commerce sites and they have fairly complex features to facilitate a hassle-free system in the long run. If not chosen wisely, it will certainly be a big challenge to move on to any other solution as it involves a large number of direct attendees at all-level enterprise-level businesses as well as business-level customers.
Magento was the origin of a B2C platform. Gradually, it has evolved to meet the B2B features. Later, the Magento platform has acquired even the most complex B2B features that make it a perfect tool to compete even against specific B2B platforms. Let’s take some very important elements of Magento for B2B and find out how it is a wise choice for B2B websites.
Great flexibility for customization–
Magento has a great affinity for customizable features. Being an open source platform and built on the very popular PHP programming language, it has a wide base of Magento professionals who can work to customize it in many ways. This affinity and a strong Magento expert base make Magento a perfect option for B2B specific developments.
Magento B2B is relatively inexpensive than other B2B platforms-
Magento is relatively cheaper when it comes to leveraging its cost of implementation and business license. Other enterprise-level B2B solutions like IBM and Oracle are much more expensive than Magento for B2B solutions. In addition, due to a massive base of Magento developers, freelancers, and Magento development companies offer a good market power to the Magento requesting services. You can see the list of Magento development companies from TopXListing.
A large number of B2B Magento already developed Solutions-
Now, we know that Magento is a master of a large community of users, developers, freelancers and business owners, third party Magento developers are always ready with pre-developed solutions to make customization fast and cheaper. For example, the Magento multi-vendor market extension is a third-party Magento extension that converts a Magento store into a market site. This is a perfect example to explain that most advanced B2B features can be obtained in Magento without passing customization services. You can still find most Magento extensions and install them to extend the features in minutes.
Complex pricing system of Market- B2B
The B2B market also includes wholesalers and manufacturing companies that need a more complex and advanced pricing system. The pricing system includes individual and group discounts, location and prices based on sales volume, etc. This huge flexibility in the pricing system can not be handled by a simple e-commerce platform. Therefore Magento for B2b is best suited here because it offers great flexibility to decide the pricing according to all these factors. It is an ideal platform for managing the wholesale market and the manufacturer’s business.
Execution of orders in B2B websites-
Magento has a very robust order management system that allows the administrator to track each order in a single view. By clicking on each individual order show detailed information, including order status, payment information, pending payment details, pending details of orders, processed orders and much more. The billing system is also very flexible and you can send invoices to your customers from the rear control management interface itself. On the whole Magento for B2B gives you control and flexibility to showcase a very strong and error-free B2B experience to your customers.
Be that as it may, the nearest future is eagerly awaiting exponential growth in terms of e-commerce B2B activity. For this, you will need a tool on your side that will support your business in a long time. Magento for B2B is a solution that deserves attention.
