Key differences between B2B and B2C:

FEATURE B2B ECOMMERCE B2C ECOMMERCE
Target audience Businesses like manufacturers, retailers, etc. Individual consumers
Motivation Logic, efficiency, business needs Emotion, personal desire, convenience, price
Sales cycle Longer, more complex, multi-stakeholder approval Shorter, often involving an individual decision-maker
Order value High, often bulk, or recurring orders Cart sizes and average order value are relatively small compared to B2B
Pricing Negotiable, tiered, customized per account Fixed, transparent, often public promotions
Relationship Long-term, ongoing partnerships, repeat business is crucial Shorter sales cycle, focus on both acquisition and long-term loyalty
Customer support Detailed, technical, ongoing account management Quick, self-service options, FAQs
Payment options Purchase orders, credit terms, invoicing Credit cards, digital wallets, immediate payment
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B2B ecommerce FAQs

B2B ecommerce is the online exchange of products, services, or information between businesses. It involves digital transactions and interactions between companies, distinct from consumer-facing sales.

B2B transactions involve larger order volumes, complex pricing, and longer sales cycles, often requiring custom solutions. B2C focuses on individual consumer purchases and more straightforward transactions.

Benefits include increased efficiency, reduced operational costs, improved customer experience, expanded market reach, and enhanced data analytics for better decision-making.

Key technologies include ecommerce platforms, CRM systems, ERP integration, payment gateways, and order management systems designed for business-specific needs.

It offers personalized buying experiences, self-service options, 24/7 access to products, and streamlined ordering processes, enhancing customer satisfaction and loyalty.

Challenges include integrating legacy systems, managing complex product catalogs, ensuring data security, and adapting to diverse customer requirements and compliance.

Yes, it is crucial for businesses aiming to stay competitive, streamline operations, and meet evolving customer expectations in a digital-first economy.

B2B ecommerce streamlines the buying and selling process between businesses, making transactions more efficient and convenient. It enables businesses to place orders, manage accounts, and access product information online, leading to faster sales cycles and improved customer relationships.

Examples of B2B ecommerce companies include Alibaba, a global marketplace connecting manufacturers with buyers, and Amazon Business, which caters to the procurement needs of businesses. Many specialized distributors and wholesalers also operate B2B ecommerce sites to sell directly to other businesses.

B2B companies should consider ecommerce platforms with unified commerce features like Salesforce Commerce Cloud. Salesforce offers robust features designed to handle complex B2B sales processes, including bulk ordering, tiered pricing, and account management.

Must-have features in a B2B ecommerce platform include customer-specific pricing and catalogs, solid account management capabilities like multiple buyers per account, order approvals, and self-service options for reordering and invoicing. Also, integration with existing ERP and CRM systems is also crucial for seamless operations.

You can start your B2B ecommerce business by defining your niche and target audience. Then create a business plan covering products, marketing, operations, and finances. Finally, choose a B2B ecommerce platform with features like account management, online storefront, and checkout.