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The Best Bet

By: DYLAN

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The E-business, in short, 'e-biz' is conveniently called as B2B which mean and stand for business to business. It facilitates trade of products and services between businesses to businesses. In some cases, it also offers information between one business and another business. However, it does not include Business and Consumers. Formerly, there was a lot of interest on 'e-tailing', the internet form of retailing. It is expected that revenue from B2B will be more than B2C revenue.

There are different types of B2B web sites. Primary among them is Company Web Site which deals with business to business. Under this category of B2B sites, the objective target addressees for the website are other companies and the employees working in them. The B2B company web sites act as a round the clock serving business to business, 24 hour mini trade exhibit. Some B2B company websites offer services from business to business as entry to selective extranet which is accessible only to its customers or to the site users who have registered in the internet. Companies through e-tailing, make direct sales from their websites to other businesses.
Another key activity of B2B is the Procurement exchanges and supply of products. Under this category purchasing agent of company can do shopping from vendors by requesting proposals for business to business. Some times a bid is also made in B2B website to make a purchase decision from a business to business at a preferred price. These types of B2B sites are also called as e-procurement sites serving business to business. There are B2B sites which focus on a wide range of industries and sites which focus only on niche market.

Vertical Industry Portal or a Specialized Portal provides information network, discussion groups, product listings and some other features. A broader purpose is served by the vertical portal sites. However, procurement sites do not have broader purpose though buying and selling is supported by them between businesses to business.

Another important and interesting category of B2B sites are Brokering sites between business to business. These B2B sites, as the name suggests, acts as a broker or an intermediary between business to business i.e., product and/ or service and its potential product/ service providers. Equipment leasing can be cited as an example for B2B site. Infomediary sites or in other words, Information Sites are also another kind of important B2B sites serving business to business. These sites provide information and knowledge between business to business about a specific industry for the purposes of its company and employees. These sites comprise in them B2B sites of Trade & Industry Standards Organisation and also specialized search sites for business to business.

There are more and more B2B evolving day by day for business to business. Software sector in building these type of B2B web sites are another important category to be noted. These sites include templates, site building tools, methodologies, database, and transaction software. B2B establishes an e-commerce between business to business. Before the advent of internet and online B2B, EDI, which stands for Electronic Date Interchange was used.

Article Source: http://depositarticles.com/

news.tootoo.com, which is the shortcut to China's industrical resource belonging to China's leading B2B Portal and Vertical Search Engine, tootoo.com.

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