Business to business or B2B means transactions and transactions between businesses and merchants, such as suppliers with wholesalers or wholesalers with retailers. In this type of business model, there are several firms in the value chain of each product until it reaches the customer. Each firm adds value to the value of the commodity and sells it to the next firm. These sales are called B2B or Business 2 Business. In this model, the volume of transactions and the financial volume is usually very high. To get the most out of your product or service, having a reputation should be your top priority. It is done by providing exceptional customer service, and loyalty is achieved through the exclusive supply of goods and maintaining a healthy relationship through price and effective delivery. In this digital environment, all of this is possible through a website. We will introduce the best B2B websites.
China has the highest B2B-style sales rankings, followed by the United States, India, and Hong Kong.
Benefits of B2B Business That Helps Business
- Speed and security of communications
- Direct integration of data into the company’s computer systems
- Ability to receive more offers and requests and expand competition
- Depersonalization of payments to prevent possible misconduct
B2B websites
Most small and medium-sized B2B organizations are experiencing slow growth in their business and have no experience or knowledge to achieve global fame. Growing your business globally, no matter where you are is not your current problem. These websites bring together suppliers and buyers worldwide and provide them with services that are useful to both parties in buying and selling products.
The evolution of digital technology has changed the horizons of business and the financial sector worldwide. Consumers no longer buy the same way, and companies no longer sell the traditional way. Day by day, competition, supply, and demand change and naturally increase.
The new demands of this market have led to the creation of new technologies and online commerce. Wherever a customer wants to make a purchase, there is a company that offers to sell it. But in the case of business in the trading industry, there is another type of relationship far from end customers.
Traders can safely export and import goods without hassle or even pay for travel to other countries.
In the following, we will introduce the best B2B sites that are famous all over the world:
Ali Baba
Alibaba Group Is a Chinese multinational e-commerce company that provides sales and after-sales services through customer-to-customer, business-to-business, and business-to-business web portals.
The group operates in areas such as an online store, retail systems, and cloud computing and has a diverse range of companies worldwide.
In September 2014, it had a stock market value of $ 25 billion in the open market, which was the highest amount of free stock until then and was valued at $ 231 billion. Alibaba is one of the ten most powerful companies in the world. In 2020, Forbes Global ranked the company as the 31st largest public company globally. In 2018, Alibaba was the second Asian company to cross the $ 500 billion mark after its rival, Tencent. By 2020, this company will be one of the six companies with the highest value in the world.
Alibaba is the world’s largest retailer and one of the largest e-commerce companies in the world. In 2020, the company became the fifth largest artificial intelligence company. Alibaba is one of the largest investment companies as well as venture capital. The company hosts the largest markets, alibaba.com and Taobao, and Tamil. The company has become a media company, and its revenue is tripling every year. [11]
The Alibaba deposit trading feature is one of the luxuries of digital commerce. Businesses no longer have to risk paying large sums for good imports or exports with features like this.
Alibaba is now listed on the Hong Kong Stock Exchange, easily one of the oldest and largest online B2B platforms globally, with over 35 million users. The only problem with this site is that some companies; are commercial companies and not manufacturers.
The purpose of launching Alibaba
Jack Ma launched the Alibaba site to facilitate business transactions between buyers and sellers and remove time and space constraints. The site was initially set up with a group of 18 people and a small investment, and gradually efforts were made to expand it worldwide. The company currently has 25,000 employees and nearly 300 million customers. Jack Ma, CEO and founder of Alibaba, believed that people should be able to do business on the Internet much more easily than before.
Jack Ma also paid full attention to the fact that many people may not be able to use electronic websites and, in other words, do not have the knowledge and skills, so the very simple and, at the same time, the clever design of the site is one of the attractive factors of this type. It will be a trade. In this way, everyone, regardless of whether they are experts in Internet commerce or ordinary people with common knowledge. It will be able to use the capabilities of digital companies, so he launched the Alibaba website in China with this in mind. With this in mind, Jack Ma has introduced “Alia Baba.com” to the world as China’s digital silk road on the World Wide Web.
Alibaba website values
1) Our customers are always the priority
The benefits and satisfaction of the customer and business community for Alibaba.com are a top priority. For Alibaba.com, this is the most important core value. Alibaba.com Alibaba.com believes that its customers make the essence of their lives. Therefore, the first core value in Alibaba.com’s business is customer satisfaction because only satisfied customers will continue their cooperation with the collection.
2) Teamwork
Alibaba.com Alibaba.com believes that teamwork enables ordinary people to achieve extraordinary things that they have never achieved alone. The Alibaba Group believes that if customers are first and company members are next, such a collection will never have dissatisfied shareholders.
3) Embrace change!
In this rapidly changing world, Alibaba.com strives to be flexible, innovative, and ready to adapt to new business conditions by taking advantage of this core value to be dynamic for at least 102 years. Stay.
4) Truth and correctness
Alibaba.com Alibaba.com expects its employees to have the highest standards of honesty and integrity because, without these key elements, no business will be successful.
5) Passion
Alibaba.com Alibaba.com expects its people to work hard for the assigned tasks, to meet the fire of challenges! And they never stop doing what they believe is right.
6) Commitment
At Alibaba, employees who show perseverance and excellence are highly rewarded. Nothing should be done lightly because Alibaba.com encourages people to “work happily and live seriously.”
These six core values of the Alibaba collection have been extremely useful to Alibaba.com and its customers. During the tough economic downturn in early 2009, when businesses in the United States and China struggled to survive, Alibaba.com based its values on loans to loyal customers to help Show them. The company lent more than $ 7.9 billion to suppliers in Guangdong, Jiangsu, Shandong, and Shanghai provinces.
DH Gate
DHgate Introducing the Best B2B Sites is a B2B platform that allows importers worldwide to buy small quantities of high-quality Chinese goods at wholesale prices online. This site is like most popular Chinese B2B sites but supports English. You can buy products such as digital accessories, clothes, decorative items, sports accessories, etc.
Like eWorldTrade, it facilitates the purchase and sale of products made by small and medium-sized business owners. This site offers secure international payments and product delivery services. Although headquartered in Beijing, it is located worldwide, such as the United States, United Arab Emirates, The Philippines, and India have active branches.
DHGate has more than 30 million products in 227 countries worldwide. The service has more than 5 million customers worldwide and is currently among the 2100 most visited sites globally.
Facts about dhgate.com
- It has about 1.2 million sellers worldwide.
- Ten million participants and buyers from more than 230 countries and regions.
- Over 33 million product lists
- Trade every 3 seconds
- Multilingual sales: English, French, German, Italian, Portuguese, Russian, Spanish
- Cooperation with: American Express, DHL, FedEx, MasterCard, Visa, UPS
Purpose and vision of dhgate.com
- Main purpose: The purpose of dhgate.com is to empower people to do business globally and realize their entrepreneurial dreams.
- Perspective: Recognized as a leader in the global market
- The ultimate goal: Leading the activation of anyone to buy any product from anywhere, anytime.
Important points about security and trust in dhgate.com
- Vendors and business owners are automatically and manually verified.
- Vendors’ behavior is monitored 24/7.
- Sellers will punish buyers if they do not comply with commercial laws.
- Invalid merchant accounts are immediately blocklisted and permanently blocked.
- The quality control system prevents counterfeit, illegal, and unauthorized products.
- Quality control specialists inspect products before shipment.
- Customer information is encrypted and protected from hackers.
India Mart
Made in China
Introducing the best B2B sites This collection is another of the most popular and best B2B websites. Focus Technology Co., Ltd. operates the company from China. The company is a leader in the e-commerce industry, all of which products are made in China or Taiwan.
Although Made-in-China had problems with the United States in 2007, Canada, Australia, and the European Union have had customers in various products. It remains one of the most successful websites in business-to-business sales.
eWorld Trade
Introducing the best B2B sites One of the sites has just been added to the B2B industry. EWordlTradely is finding its place among popular sites. The American subsidiary of Reckon Media LLC, a company that provides technology-based services and digital media. This site has an operational unit in most parts of the world.
This site is a B2B police market that offers you ten prices for each product. It is a turning point for businesses, which can be seen through its growth over the past few years. Most of its manufacturers are from China, but other countries such as the United States, India, Malaysia, and Pakistan are also present on this site.
Global Sources
GlobalSources is a Hong Kong subsidiary registered with GSOL and NASDAQ. Global Source is a relatively old company, registered in 1970 by Merle A. Hinrichs and C. Joseph Bendy as Trade Media Ltd.
The site grew exponentially in 2018 and had more than one million international buyers. This site has an incredible B2B sales strategy, and that is why it can compete with its current competitors and grow every day. At the end of 2012, the online police market had a revenue of $ 231.7 million.
The selling point of this platform is that it evaluates and validates the quality of manufacturers, a service that only several other platforms in the world offer. The site has specialized exhibitions around the world that bring buyers and suppliers together in a quality evaluation environment.
Trade India
This website is an Indian company headquartered in New Delhi. The site currently has over 3 million registered users and acts as one of the best B2B websites worldwide for selling Indian products and global trade. From home decor to agriculture and machinery, this site supports various products.
This site is especially suitable for small businesses in India. This site was established in 1996 and has established many branches in 35 cities and has more than 1,200 specialized employees.
Its basic function is to provide an online directory service to the global import-export community.
This site has more than 12,000 product categories and subcategories. In addition to providing a B2B industry, It also supports Google-related events and is Google’s SME partner.
iOffer
A police market is almost identical to Amazon and eBay, and according to its slogan (“a place to buy; sell and trade”), anything can be bought and sold.
iOffer is a San Francisco-based e-commerce site founded in 2002. This website gained its reputation as one of the best B2B websites globally by claiming to have one million users, which includes 75,000 sellers.
The difference between iOffer and eBay is that this site offers solutions to prevent fraud in sales.
ECplaza
Introducing the best B2B sites Due to its B2B market leadership, this site is known as the best online and offline services provider with more than 100,000 users. The platform was established in 1996 in South Korea.
ECplaza is probably the best B2B website globally, full of potential customers, Product catalogs, and directories of companies. This site has limited English, Chinese, Korean, and Japanese languages.
The company seems to be growing slowly but steadily over the years and is now a global network aware of the top brand in the world. ECplaza is a secure online wholesale marketplace for global trading.
Fibre2Fashion
Introducing the Best B2B Sites While the most well-known B2B websites often include all sorts of product categories and product types, Fibre2Fashion focuses on one type of product, the trendy one. This site was created to strengthen and provide services to the textile industry. This portal currently has analytical reports; it offers business solutions, magazines, and much more with its products.
This site is a unique B2B police market for buyers worldwide. This website is Indian, so most of its suppliers are Indian. However, the quality of their products is impeccable.
Trade key
TradeKey Portal is one of the largest and most reputable B2B platforms in the world, which offers valuable solutions for the development and prosperity of international businesses (especially in the field of export and import) and, with more than 10 million monthly visits, is one of the largest It is the world’s B2B platform, which is officially represented in several countries has provided the conditions for business people to enter international markets more than any other platform.
Trade Wheel
The storm that TradeWheel has created on b2b sites as the fastest online trading platform can not be found anywhere else. A wide range of products from all industries and a diverse range of international vendors are the benefits of working in the TradeWheel online trading environment. If you are looking for reputable buyers and increasing your business’s credibility, join Tradewheel and connect with the best in your industry. As one of the most cost-effective and seamless b2b sites, I recommend TradeWheel, which is expected to win the 2021 largest b2b portals comparison.
Amazon
Amazon is the most creative b2b portal that led to competition between claimants. It is one of the largest B2B sites globally, operating in more than 15 countries around the world, including the United States, Canada, the United Kingdom, France, and Germany. In addition to online sales services, AMAZON provides market research solutions, the most secure international payment method, and a diverse list of international suppliers to create the most convenient transactions.
What was the reason for choosing the Amazon name for this site?
For many reasons, brands on the Internet are much more important than brands in the physical world.
On July 5, 1994, Jeff Bezos first registered his company under Cadabra, a word from the root Abracadabra, which means magic word in English. But a year later, it changed its name to Amazon.
The name change was that one day when Jeff Bezos was on the phone with Amazon’s first lawyer, Todd Tarbert, about some legal issues, he mistakenly heard the company name Cadaver. It caused Jeff Yebzos to notice the great similarity between the two words, so he decided to change the name of his company.
He also bought another domain in September 1994 called Relentless. But his friends convinced him that the domain name was still his.
To choose his company name, Jeff Bezos first started with a dictionary and eventually chose the name Amazon for his online store. He chose this name for several important reasons: Amazon was a very special name, and Bevis also intended his store to be unique. The Amazon, meanwhile, is the world’s largest river and the second longest river in South America, and Jeff Bevis has dreamed of one day becoming his largest online store.
Amazon starts with the letter (A), the first letter of the English alphabet. From this point on, Jeff Bezos thought that if someone made a list of company names in alphabetical order, Amazon would be at the top of the list one day. This priority will help to gain an advantage among users.
What is Amazon in the business world today?
Amazon started as a startup with little capital. After four years of operation, the company is now the largest e-commerce company (online retailer) globally in terms of capital and revenue—also the second company after Alibaba Group in terms of total sales.
As of July 4, Amazon’s assets were estimated at $ 4 billion, and on January 2, the company hired 1.5 full-time employees worldwide.
Amazon has online stores for retail in the United States, the United Kingdom, Ireland, France, Canada, Germany, Italy, Spain, the Netherlands, Australia, Brazil, Japan, China, India, and Mexico.
On September 2, it was announced that Amazon had more than $ 1 trillion in assets, making it the only $ 1 billion company with Apple.
ECV
ECVV has been one of the largest b2b sites since 2003. ECVV is an influential website with many buyers and sellers around the world, headquartered in Shenzhen, China. The diversity of the ECVV website is unparalleled, providing global customers with useful information about their suppliers and the products on display. The company has numerous offices and warehouses in developed countries such as the United States and parts of Europe.