B2C e-commerce

Flexibility crucial for warehouse management tech, expert says

Global e-commerce sales are projected to reach $6.09 trillion in 2024, an 8.4% increase from $5.62 trillion in 2023, according to Shopify. This marks a transformative shift, as businesses and consumers adopted digital-first behaviors rapidly during the pandemic, compressing a decade of digital adoption into just a few years.

Smitha Raphael, chief product and delivery officer at warehouse management platform SnapFulfil, said in an interview that 2024 has seen a major influx of requests from...

https://www.freightwaves.com/news/flexibility-crucial-for-warehouse-management-tech-expert-says

B2B e-commerce is growing, but hurdles remain

B2B e-commerce suffering growing pains

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

BigCommerce sees big opportunity in B2B e-commerce

In June 2021, BigCommerce launched its B2B Edition, a global software-as-a-service e-commerce platform designed especially for business transactions. As 2022 winds up, the company continues to focus on growing its B2B e-commerce offerings.

“We are continuing to bet big on B2B,” Mark Ostryniec, chief sales officer for the company, told Modern Shipper at the recent National Retail Federation’s Big Show in New York City. “There is more B2B e-commerce than all of B2C.”

A 2021 white paper from DHL...

https://www.freightwaves.com/news/bigcommerce-sees-big-opportunity-in-b2b-e-commerce

B2B e-commerce payments remain stuck in the past

Balance seeks to revolutionize B2B ecommerce payments

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