The pandemic has turned the economy on its head, leading to massive job losses and employment uncertainty for many. Lockdowns and restrictions, put in place to slow the spread of COVID-19, have forced countless brick-and-mortar shops to close or drastically change their retail practices. Despite these challenges, manufacturers, suppliers, and retailers have found new and … Continue reading Lessons learned from 2020 and the pandemic
The coronavirus is forcing B2B (business-to-business) and B2C (business-to-consumer) companies to scramble to find ways to remain afloat during the pandemic. Not only are consumers’ behaviors rapidly changing (which impacts B2B, as well), but the way you are doing business is also changing. The contagious nature of COVID-19 has forced non-essential businesses in some countries … Continue reading B2B Business & Coronavirus: What to Do Right Now
With the testing capacity for coronavirus increasing across the globe, so too are the number of confirmed cases. This has left businesses scrambling to establish online solutions to mitigate risk to their employees and customers due to face-to-face interactions. “Businesses need to work on modifying their store hours on their key profiles (such as Yelp … Continue reading Adapting Your B2B Company to Face Coronavirus
In order to keep up with this kind of expansion, your business has to keep up with the B2B ecommerce trends. It needs
to optimize around providing the best possible customer experience using
emerging technologies and best practices as guides.
Here are some of the top B2B ecommerce trends
to watch as we near the end of 2019 and beyond.
Business is money, and money is the Finance department’s specialty. From financial planning and budgeting to auditing and accounting, Finance is responsible for managing the business’s money and issuing accurate and timely financial statements. The unique opportunities (and challenges) of managing an ecommerce channel create a specific list of requirements that Finance teams and the … Continue reading Ecommerce for Finance and the CFO: Your Basic Checklist for Success
This article on e-commerce and B2B sales was originally featured in ERP SoftwareBlog. You can read the original article here. E-commerce has changed the face of B2B sales. B2B companies are increasingly adopting online channels as at least an element of their overall business strategy, while a sizable majority of B2B executives consider B2B e-commerce critical to … Continue reading Omnichannel Consultant: The Changing Role of B2B Sales
This article was originally featured in ERP SoftwareBlog. You can read the original article here. The Chief Information Officer (CIO) has one of the most critical jobs in any organization. The IT department he or she oversees is responsible for the swift, reliable, uninterrupted flow of business data between the company’s various systems. Often, these systems and … Continue reading The CIO’s Guide to a Bulletproof Ecommerce Investment
A well-designed, ERP-integrated e-commerce website is arguably the most powerful tool in a marketer’s arsenal. But it isn’t enough to just put up a web store. Your platform must continually adapt and evolve based on your target audience, product performance, and promotional strategy.
So how does an e-commerce marketer harness the full potential of an ERP-integrated web store platform? Which features are the most important for maximizing that conversion rate?
Global B2B ecommerce sales are slated to break $4.88 trillion by 2021, with mobile sales alone accounting for $2.32 trillion. So it comes as no surprise that over 90% of North American B2B executives consider ecommerce crucial to their strategic positioning and long-term success.
Rapid, tremendous growth is happening in every niche and industry. But securing the greatest possible share of that growth requires a carefully thought-out B2B ecommerce investment. Executives considering an online channel must navigate a wide range of options to find an efficient solution adaptable to their business needs.
B2B ecommerce is exploding. A majority of the B2B companies who do not already have an ecommerce web site plan to launch one within the next two years. And global B2B ecommerce sales are expected to overtake B2C sales by 2020.
For most companies, then, it’s not so much a question of if as of when. But just as different industries and businesses have different needs, even the different B2B decision makers within a given company have different ecommerce requirements.