B2B (Business-to-Business) e-commerce is the process of businesses exchanging products or services with each other online. In this model, businesses trade with each other rather than with consumers. B2B e-commerce usually involves transactions such as bulk purchases, raw material procurement, production equipment sales and business-to-business services.
Such e-commerce platforms offer specialized tools and features for businesses to showcase their products and services, manage order processing, maintain customer relationships and communicate efficiently with business partners. B2B e-commerce enables faster, cost-effective and automated transactions between businesses.