According to the recent survey around 80% of total population is internet user. Hence online business presence will be a great initiative if you want to drive your business to success.
Today every industry whether it's Shopping, Technology, Fashion or Retail are registering themselves on new age B2B Marketplace such as Amazon, Alibaba or creating an an E-commerce website. According to the growth expert by 2020 online B2B sales will be double that of retail sales and revenue will reach $6.7 trillion. Amazon and Alibaba are booming now as they provide an excellent shopping experience to their customers and also allows them to act as a seller and start promoting and selling their products.
Alibaba, a Chinese E-commerce company founded by Jack Ma is booming among B2B SME platforms. According to the report at the end of 2015, their international sale was $97m and is growing high. Therefore it would be great if you own a business and took the initiative to invest in B2B E-commerce marketplace. Listed below are the 5 reason why you should invest your money on E-commerce marketplace.
Helps in Building Company Branding
You must build an online presence for your business no matter whether you are selling your products online or not as now people checkout for organization product, services, and reviews before they contact the company and get the deal closed. Therefore investing your money on online presence will strengthen your company brand and popularity.
Can Do Business 24 hours
By launching your shop online, you can promote and sell your products 24 hours a day. It's a virtual shop which always remain active on the internet and never close.
Not to Worry about Investment
Money investment is less for setting up an online business as compared to brick-and-mortar business as their you need to purchase and set-up the shop but in the case of online business you only need to invest on online promotion, website and so on. There are various strategies like Affiliate Marketing, Outsourcing, and freelancing which can be implemented to build up a profitable output for your business
Can Build Up Strong Customer Base
As you build online presence you can grab the leads database by paying a normal fee so as use it for E-mail marketing and let your customers know about your product and services.
Flexibility to Work
You just need to find a convenient place with an internet connection and you can go ahead with your task. Many entrepreneurs and store owners use to explore their business by spending more time with their family.
It's a high time when you need to invest in B2B E-commerce marketplace as we all know that B2B market is earning great and rising high. So if you are looking for developing any E-commerce marketplace then panacea infotech is a great platform as we have domain expertise in developing the marketplace website. Look out some of our porfolios which we have recently developed such as Marketplace, Helpmarket, Dental Market and much more. Therefore, for any queries or business requirement you can write us at firstname.lastname@example.org or contact our expert.