Product Description
Business-to-business, commonly known as B2B, refers to commercial transactions or interactions between businesses rather than between businesses and individual consumers. In the B2B model, companies provide goods, services, or solutions to other companies to support operations, production, or overall business needs. Examples include manufacturers selling raw materials to other manufacturers, software firms providing tools to enterprises, or wholesalers supplying retailers. B2B transactions often involve larger volumes, longer sales cycles, and more complex decision-making compared to B2C (business-to-consumer) interactions. This model fosters strong partnerships and is crucial in supply chains, facilitating the seamless exchange of resources, expertise, and value.
Technical Details