B2B Ecommerce is the business to business trading where manufacturers to wholesalers, wholesalers to retailers and more trade. These companies deal with large volume of products.
This segment of Ecommerce is growing at the pace of B2C Ecommerce. The demand for B2B portal is upraised to automatize the procurement process and alleviate the stress of handling the B2B business with manual ordering, inventory management, pricing and pretty more.
The intuitive platform enables the B2B customers to quickly order and track the items at the fingertips that gives them the best experience and drive operational efficiency.
All seems great!
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When it comes to building B2B portal, the businesses get puzzled and unable to decide which platform works best. Just the way Magento is popular for B2C Ecommerce solutions, the platform also works best when leveraged to build B2B Ecommerce store.
According to the Forrester research, “The Magento B2B solutions acting as a strong performer.”
How one can set up the Magento B2B Ecommerce with no hassle?
Well, developing Magento B2B Ecommerce solution is a breeze that can be made ready without much coding. Also, the B2B Magento extensions can turn the Magento store into a powerful Magneto B2B solution. Have a look at the tips:
1) Manage product catalogue
The companies can easily import the products in bulk due to the default functionality of the Magento and display the details of the product that can be updated later. Also, the products shown can be enabled or disabled anytime.
2) Enable you to sell differently
The inbuilt feature of Magento Enterprise allows the store to display or hide the prices for non- registered users. Also, the different customer groups can be invited to make the purchase at varied discount rates.
3) Update the price distinctively
The price display for the customers may vary. For instance, the B2B Ecommerce wanted to display pricing, payment and shipping methods differently for the different types of customer groups such as for wholesaler and retailer. The Magento Enterprise edition enables the store to configure the prices, catalogues, and payment so that different products and prices visibility for various customer group can be maintained at ease.
4) Speed up the ordering
Unlike the B2C store customers, the B2B customers are pretty clear about what they want to purchase and know the products SKU as well. It’s better to let them directly search the products by SKUs or names, or allow them to import the product to cart directly from a CSV file with the integration of quick order extensions that will ultimately speed up the ordering process.
Also, the customers can be allowed to directly re-order the products from ‘My account’ section.
5) Handy checkout
Payment and shipping method access level can be defined for different customer groups. Some customers are enabled to pay through certain methods and even their credit limit can be defined by extension integration.
Only those shipping methods are shown on the shopping cart page that are assigned to the customers and customers can get the shipping quotes only for one of those assigned shipping methods.
6) Sync the Magento store and ERP
To get the advantage of automated ordering process, having an ERP system that’s connected with Magento store is essential. So, the ERP containing product catalogue, products in stock and product price information, customers’ data, the price display for customer group, and order data must be in sync with the Magento Ecommerce store.
Conclusion
The Magento Enterprise edition is packed with amazing features that help Magento store to improve the B2B customers buying experience. The third party extensions are the add-ons that will enhance the B2B Ecommerce functionality.
Magento powers the B2B store by making it mobile responsive, customizing customers account based on the negotiated price, enabling quick ordering in bulk, easy inventory tracking and connecting ERP with Magento.
Additionally, all the features can be tailor-made as per the business specific needs. It’s awesome. Isn’t it?
Now, it’s not the time to see and wait for more Magento B2B Ecommerce store to create the history.
Instead, you should leverage the expertise of Magneto B2B Ecommerce development service provider and grow your online business.
