Amazon, Shopify, eBay and even Craigslist have revolutionized the shopping experience for consumers, allowing them to order and receive items without leaving the couch.
For businesses, though, commerce has largely remained stuck in the past, riddled with archaic manual processes that make it tough for companies to buy from and sell to one another.
But companies like Inxeption are looking to bring B2B commerce into the present. The Cupertino, California-based firm on Wednesday announced a...
SCOTTSDALE, Ariz. — The shift to online buying in the business space is no longer just a trend in the making. A report from Amazon Business released Wednesday morning at its Reshape Conference found that 91% of B2B buyers prefer online purchasing.
Complicating matters, though, is the delivery of those items. A majority of respondents to the survey (58%) said that purchases must now be delivered directly to an employee’s personal residence as work-from-home has firmly taken hold across the...
https://www.freightwaves.com/news/b2b-procurement-moves-online-in-2022
E-commerce burst onto the scene in the consumer space, but as the younger generations that grew up with Amazon have moved into business leadership positions, they have taken those same online expectations into the workplace.
Unfortunately, many online sites are still trying to figure out the business-to-business e-commerce experience.
According to a recent DigitalCommerce 360 survey of manufacturers, B2B e-commerce is falling woefully short of expectations. The survey found 58% of B2B...
https://www.freightwaves.com/news/amazon-business-wants-to-improve-b2b-e-commerce-journey
E-commerce isn’t what it used to be. Customers began shopping online at unprecedented rates during the pandemic, but digital sales have since slowed significantly and caused e-commerce stocks to plummet.
Shopify (NYSE: SHOP) has been one of the biggest losers. If you were to pull up a chart of Shopify’s stock performance since the beginning of 2020, you would be met with a worrying sight. Since reaching a pandemic high of over $1,600 a share toward the end of 2021, shares have returned to where...
https://www.freightwaves.com/news/shopify-has-been-hunting-for-a-catalyst-did-it-find-one-in-b2b
BigCommerce, an open software-as-a-service e-commerce platform serving brands like Ben & Jerry’s, SC Johnson and Vodafone, announced that it has acquired BundleB2B, a technology company that provides added functionality for online business-to-business sales.
BundleB2B, a longtime partner of BigCommerce (NASDAQ: BIGC), has an offering geared specifically toward B2B merchants on the Austin, Texas-based company’s platform. The two companies already partnered this past June to roll out BigCommerce...
https://www.freightwaves.com/news/e-commerce-platform-bigcommerce-acquires-bundleb2b
Business buyers are increasingly turning to e-commerce to fill their needs, but transparency — in terms of fulfillment, inventory and shipping — remains a concern.
A new survey from e-commerce platform BigCommerce noted that 45% of B2B buyers in a Wonderman Thompson report want more transparent fulfillment information. But a BigCommerce survey found that just 22% use shipping and fulfillment software.
“Given the same people who are behind B2B orders are the same people buying things on other...
https://www.freightwaves.com/news/b2b-e-commerce-is-growing-but-hurdles-remain
Millennials now make up more than one-third of the workforce. Defined as those born between 1981 and 1996, they are the first generation that has been raised entirely on computers. And they are quickly moving into middle management and even senior management positions with companies.
The generation that powered the business-to-consumer (B2C) e-commerce boom is rapidly changing the business-to-business landscape. A white paper from DHL Express earlier this year said that by 2025, 80% of all B2B...
https://www.freightwaves.com/news/b2b-e-commerce-payments-remain-stuck-in-the-past
Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients’ branches, the likely response was that it’s “just the cost of doing business.” After all, nothing comes for free. However, the cost of doing business has risen from a few hours of boredom to contracting a potentially deadly virus, and it’s a price that not many are willing to pay. The solution many have discovered is to change the definition of “doing business.”
Pretty much everyone is aware...
https://www.freightwaves.com/news/first-retail-now-b2b-in-person-deals-are-plummeting