Using E-Commerce to Grow a Business
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Using E-Commerce to Grow a Business
Abstract
In today’s society, fast and efficient are just two of the things that consumers and businesses alike are looking for. By utilizing technology applications a business can computerize and streamline a lot of their operations, making their business more efficient and thus passing this efficiency onto the consumer.
Electronic Marketing Resources
Business to Business (B2B) technology entails the provision of resolutions of Information Technology or IT to all sorts of businesses, whether large or small. B2B applications, as the name suggests, deals with the relations between two or more businesses. It entails the interaction of two or more businesses through activities of marketing or selling. Among the businesses that apply B2B applications are companies that offer solutions of e-commerce (or Business to consumer transactions) to others or even those that offer their activities of selling their goods or services over the internet through the website of the company (Elliot, 2000).
B2B applications that are popularly known include sell-side B2B applications, buy-side B2B applications and trading associate agreement B2B applications. Buy side Business-2-Business applications enable the storage of the logic of the business on the procuring firm’s side and they prevent nonconformist from buying since only the e-catalogs that are commended are given access (Elliot, 2000).
Through prevention of maverick buying, a lot of costs are saved since this kind of buying may advocate for evasion of the procedures of buying, which calls for paying of extra cash for the supply of products. By using buy-side B2B applications, the struggle of having to bargain over the stated price of a commodity is avoided. This is because these applications allow for the pre-negotiation over the price of a commodity. Some buy-side B2B applications are characterized by a workflow for the process of approving procurement and this helps...
Abstract
In today’s society, fast and efficient are just two of the things that consumers and businesses alike are looking for. By utilizing technology applications a business can computerize and streamline a lot of their operations, making their business more efficient and thus passing this efficiency onto the consumer.
Electronic Marketing Resources
Business to Business (B2B) technology entails the provision of resolutions of Information Technology or IT to all sorts of businesses, whether large or small. B2B applications, as the name suggests, deals with the relations between two or more businesses. It entails the interaction of two or more businesses through activities of marketing or selling. Among the businesses that apply B2B applications are companies that offer solutions of e-commerce (or Business to consumer transactions) to others or even those that offer their activities of selling their goods or services over the internet through the website of the company (Elliot, 2000).
B2B applications that are popularly known include sell-side B2B applications, buy-side B2B applications and trading associate agreement B2B applications. Buy side Business-2-Business applications enable the storage of the logic of the business on the procuring firm’s side and they prevent nonconformist from buying since only the e-catalogs that are commended are given access (Elliot, 2000).
Through prevention of maverick buying, a lot of costs are saved since this kind of buying may advocate for evasion of the procedures of buying, which calls for paying of extra cash for the supply of products. By using buy-side B2B applications, the struggle of having to bargain over the stated price of a commodity is avoided. This is because these applications allow for the pre-negotiation over the price of a commodity. Some buy-side B2B applications are characterized by a workflow for the process of approving procurement and this helps...