Hybrid B2B & B2C eCommerce Platforms – Benefits and Features - PowerPoint PPT Presentation

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Hybrid B2B & B2C eCommerce Platforms – Benefits and Features

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There has been a drastic change in eCommerce, with businesses forming plans to market their goods and services to B2C and B2B. Although some B2C businesses target corporations for their goods, B2B companies that market directly to consumers (DTC)are much more popular. The lines are blurring, and merchants can no longer be easily divided into either a B2B or B2C company. – PowerPoint PPT presentation

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Title: Hybrid B2B & B2C eCommerce Platforms – Benefits and Features


1
Hybrid B2B B2C eCommerce Platforms Benefits
and Features
  • There has been a drastic change in eCommerce,
    with businesses forming plans to market their
    goods and services to B2C and B2B. Although some
    B2C businesses target corporations for their
    goods, B2B companies that market directly to
    consumers (DTC)are much more popular. The lines
    are blurring, and merchants can no longer be
    easily divided into either a B2B or B2C company.
  • The challenge faced by online retailers is that
    eCommerce sites are mostly adequate to market
    only to firms or customers, but not both. An
    all-encompassing approach cannot be easily
    managed by the different channels these brands
    use for each category of the market. Hence,
    brands require a completely featured hybrid
    eCommerce system that allows them from one
    dashboard to handle B2B and B2C commerce.
  • B2C vs. B2B eCommerce
  • B2C companies market to customers at the most
    fundamental level, whereas B2B companies sell to
    enterprises. B2C eCommerce Business-to-consumer
    (B2C) indicates marketing to private consumers.
    Therefore the sales process is based on a
    specific clients needs, and it is reasonably
    easy to shift prospects from an initial desire
    to acquisition. There are faster and more
    intensely motivated sales periods.
  • B2B eCommerce Business-to-business (B2B)
    indicates advertising to firms. Businesses have
    different owners, regulatory criteria, and
    several other variables that confuse the
    distribution processes. Sales intervals are
    longer and motivated by reason and logic.
  • 5 basic differences of B2B vs. B2C eCommerce
  • Target audience Typically, B2C companies have
    much larger target audiences, while B2B
    companies have unique product target markets.
  • Order size volume B2C firms typically have
    smaller order sizes at cheaper costs, but a
    larger average volume of transactions. There are
    typically bigger orders or higher pricing points
    for B2B brands but less total sales value.
  • Decision-maker B2C orders are often made by
    individual buyers, while several owners or whole
    business divisions are interested in B2B
    transactions.
  • Customer Loyalty Value (LTV) B2C businesses
    typically have lower LTV customers with smaller
    order volumes and fewer return customers,
    although better customer satisfaction allows B2B
    companies to have a higher LTV.

2
5. Consumer acquisition vs. retention B2C
businesses frequently rely on customer additions
with a larger customer base and lower LTV, while
B2B firms with narrower target audiences focus
on retaining customers and brand
recognition. Features of B2C and B2B eCommerce
platforms The variations in business strategies
and target audiences are expressed in the
critical features that each class of retailer
demands from eCommerce platforms. User interface
A B2CeCommerce platform for users include a
quick shopping method such as intuitive web
browsing, seamless customer payment, and the
capability for buyers to quickly scan product
catalogs. Advanced functionality like access
rights, order management solutions, account
cost, and credit line choices are required for
B2B software. Content customization B2C
marketers require highly appropriate and
customized products that cater to the
preferences of users, whereas B2B brands need
features that customize content to particular
user positions, such as managers or customers,
and navigate them. Checkout process B2C best
eCommerce platforms need the ability to checkout
as a guest or create accounts with minimal
hassle, while B2B companies need the
functionality for multiple accounts, budgeting,
compliance, and other requirements for business
customers. Overall consumer service B2C brands
need to have a user-friendly and smooth customer
experience across a spectrum of touchpoints,
whereas the corporate decision-making process
must be allowed by B2B firms. What is a hybrid
eCommerce platform? In the same architecture, a
hybrid eCommerce platform has the necessary
features to satisfy the demands of both the B2C
and B2B sectors. At the same time, different
platforms within each industry function for
certain firms, a hybrid approach that blends the
best of both worlds has immense advantages. When
reusing information and data through contact
points, users can adapt to all types of markets
and evaluate consumer dynamics all from a
single dashboard. Hybrid eCommerce platform
features Making different interfaces A hybrid
interface will configure several separate portals
for customers. It is important for DTC
strategies to provide multiple eCommerce
interfaces because pricing will differ
significantly. Although prices can be set for
buyers, the price is also decided for business
clients depending on the number of sales, the
duration of the business partnership, and many
other aspects. Users can personalize the
eCommerce pages for individual consumer
categories with hybrid networks leveraging
multi-site capabilities. Having a centralized
data store Although the target audiences can be
different, it is possible that the fundamental
knowledge about the goods is somewhat similar or
even equivalent. It is extremely costly to
create redundant content on different eCommerce
sites. Thus, one unified data store portal makes
it easy for the sales and marketing departments
to produce content. Stop the nightmare of using
a hybrid eCommerce site to maintain two or three
product catalogs. Obtaining an omnichannel client
perspective Integrated eCommerce solutions
allow marketing departments to get a
comprehensive view of their clients both
enterprise and customer through a single
dashboard. It is important to monitor experiences
through all touchpoints and apps in the
3
modern age to obtain visibility into the purchase
experience for consumers. With a full omnichannel
client view, hybrid eCommerce systems eliminate
data silos and inconsistent analytics. Future-proo
fing the organization The distinctions between
eCommerce B2B and B2C are blurred. Its not only
B2B coming into DTC, but also brands that are
consumer-oriented are moving into selling to
corporations. A hybrid model means that retailers
are ready without having to re-platform for
swift shifts in the marketplace. Realizing that
the platform can promote eCommerce for all forms
of markets, users have the ability to adjust
distribution tactics. Final Thoughts Without
keeping anyone back, the eCommerce platform must
encourage users to enter whatever markets make
sense. A hybrid eCommerce platform will encourage
the marketing team to build strategies that
cater to different segments of the market, from
B2B to B2C, and users will have the
technological characteristics to help them.
People would have a clearer view of the target
audiences, more structured content workflows,
and potential evidence of emerging new tactics
for the company. About 360Quadrants 360Quadrant
s is the largest marketplace looking to disrupt
the US 3.7 trillion of technology spends and is
the only rating platform for vendors in the
technology space. The platform provides users
access to unbiased information that helps them
make qualified business decisions. The platform
facilitates deeper insight using direct
engagement with 650 industry experts and
analysts and allows buyers to discuss their
requirements with 7500 vendors.Companies get to
win ideal new customers, customize their
quadrants, decide key parameters, and position
themselves strategically in a niche space, to be
consumed by giants and startups alike. Experts
get to grow their brand and increase their
thought leadership. The platform targets the
building of a social network that linksindustry
experts with companies worldwide.
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