The recent frenzy of Digital commerce has replaced the traditional brick and motor shelves on a wider scale. Besides startups, MSME’s and large scale enterprises are gunning for the online platform to enjoy the benefits of increased sales and higher revenue.
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The success of numerous digital services is drawing more and more visitors. According to a recent post by Bloomberg Technology, Alibaba Group Holding Ltd generated record $25.3 billion sales and handled 256,000 transactions per second! The e-commerce giant worked with B2B Businesses and sold products in at least 225 countries and regions. There was a whopping increase in sales by 39% that surprisingly exceeded Citigroup Inc.’s estimates.
Most B2B businesses offer a full suite of products online that ensures greater reach with better utilization of resources. This new era of digital gives lucrative expansion opportunities to manufacturing, consumer goods and software industries.
Mike Evans, president of Alibaba, in an interview with Bloomberg, especially emphasized on technological and data integration both online and offline with effective personalization of brand.
Online shopping means a whole lot of convenience and personalization. Customers do not like to see the ‘missed delivery’ sticky note time and again. With B2B e-commerce industry rapidly increasing, logistics play a dominant role, as shoppers tend to abandon a purchase if the delivery options do not suit them.
This dramatic shift to online mode as a part of the digital revolution will drive the future of B2B business that is already thriving. Intuitive e-commerce platform combines all B2B features in a single location on its highly integrated technology platform.
BoostMySale’s robust, enterprise-grade B2B commerce solution test the limit of cloud computing with special tools and features outside the regular purchase funnel that ensures seamless B2B engagement. The robust order fulfillment service along with distributed inventory management ensures personalization and quality service. Businesses can enjoy topline benefits with power-packed cross-channel features. Meticulous marketing insights give you a better understanding of your customer’s digital journey and help to maximize sales.
Source:
https://www.bloomberg.com/news/articles/2017-11-12/alibaba-singles-day-goes-global-with-record-25-billion-in-sales
http://mashable.com/2015/02/02/jack-ma-jeff-bezos-net-worth/#SKkjwv9yjaqw
This post first appeared on How To Start Selling On Flipkart In 5 Easy Steps?, please read the originial post: here
