Wednesday 21 August 2019

B2B eCommerce

Best Practices Guide


B2B eCommerce sales are growing explosively, and most experts attribute that growth to companies that are borrowing design and user-experience tips from B2C playbooks and creating better user experiences for their customers. Every business buyer is also a consumer who often appreciates the conveniences and personalized design features that retail websites offer. However, there are real functional differences in how business platforms operate, so comparing the two marketing strategies is similar to comparing. but their underlying purposes, functionality and capabilities couldn’t be more different.
This guide to building a B2B eCommerce platform explores those issues to educate company decision-makers about the benefits, risks and details of designing a world-class business platform. It’s appropriate to note here that the guide often refers to business-to-business websites and operating software as “B2B eCommerce platforms” instead of websites, software and eCommerce stores or websites. That’s because building a platform has many requirements that regular B2C commerce doesn’t. For example, Garments, Electronic product — regardless of features or advanced capabilities — always has areas where customizations and configurability are needed. Each B2B platform has unique needs, sales processes, third-party integrations, enhanced shipping and handling requirements and other variables. No out-of-the-box software will adapt to every business, and only a few of the most basic operations can work within those limitations without changing their business processes to accommodate the software.
B2B eCommerce & Integrations understands these issues and developed this guide to expose planners to some of the intricacies involved in building, designing and launching a thriving B2B eCommerce solution. The company’s years of combined experience in developing B2B platforms and customizations have revealed deep insights into functionality, core features, custom features, front-end applications, back-office systems, the design process, deployment architecture, how to build a development team and how to select an operating platform. 

If a business is a startup company or an operation with little business infrastructure, an eCommerce software product might suffice for handling today’s needs. However, even the most basic operations may find that their needs evolve dramatically in just a couple of years and will discover that a more robust platform is needed. About 99 percent of B2B companies don’t fit that simple business model, however, because they need complex integrations such as custom workflows, customer analysis, segmentation and personalization, multi-tiered pricing, multiple currency conversions, expanded payment options, expanded shipping and handling features, custom user interfaces and user experiences, drop-shipping capabilities and special ERP and CRM customization needs.

A B2B platform, as opposed to a software product, adjusts software to fit the business and automate operations. Platforms are built in modular fashion from “building blocks” that can be configured in multiple ways to handle business today and rearranged to meet new challenges and business opportunities. A robust API is the engine that provides access to all the endpoints of functions and features within the platform that transfer data throughout the system. This layer is used to integrate with applications, open source software, sources of business intelligence, offsite databases and internal operating systems to customize sales reports, user experiences, responsive design, special products and pricing features and hundreds of other business applications.

Never think that any business in today’s competitive market is safe because of its loyal customers, unique products or superior quality of its inventory or customer service. Business is a competitive race where passing a competitor doesn’t mean anything when there are thousands of others in the race. The race is a continuous process involving many vehicles where each racing car represents one of the company’s interests. Racing teams need pit crews, and B2B companies with many cars in the race, need an extraordinary crew to monitor analytics, develop sales leads, manage inventory and internal accounting, market the company through multiple channels, develop new products, and customize platform capabilities to drive new business.

Upgrading IT Infrastructure

Regardless of software, it’s critical to upgrade B2B IT infrastructure for more efficient business operations today and collaborative eCommerce and third-party integrations in the future. Robust platforms include a middleware layer that facilitates connections with specialty applications and back-office operating systems, an application server for connection-pooling and load-balancing, browsers to run software, development tools to build applications and customize features and Web servers outside the firewall to connect to the Internet and act as security buffers.