Let’s start with the proof!
According to Digital Commerce, last year the combined sales from the US manufacturers and distribution companies were around $14.87 trillion. And we can’t ignore the fact that 7 out of 10 buyers see online buying as easier and prefer to do so when ready to buy.
These states show how easy it is for buyers to buy online and how much the industry is booming because of this. The statistics lead to the idea that online eCommerce is the best way to enhance your business efficiency.
So, if you are one of those businesses who want to get a chance to trade online with businesses from all across the world. Then check out the following top b2b eCommerce platform options that you can’t miss.
A Little Guide to Choose the Right B2B eCommerce
| Criteria | Key Considerations |
| Your Business Needs | What is their specialization? What industry do they focus on and their global reach? |
| Research Platform Wisely | Compare features like usability of the website, scalability, and integration of third-party tools. |
| Analyze User Reviews | Carefully analyze the feedback from businesses similar to your niche for real-world insights. |
| Pricing Options | Examine their pricing structure – subscription fees, commission-based models, and more. |
| Security & Compliance | Make sure that the platform data is secure and adherence to regulations. |
| Trial/Demo | If they provide a demo version or not to test useability and features before committing. |
Top B2B eCommerce Platform Options
Now you are aware of the criteria to choose the right platform for your business. Let’s head to the list of our top selected platforms that you can choose from. We make sure that every platform on this list is the best and up to the mark.
- eWorldTrade
eWorldTrade is one of the leading platforms that has continuously grown and made waves for its focus on connecting buyers and suppliers all across the world.
The specialty of the platform is that it is useful for businesses that want to source products in multiple sectors – like agriculture, apparel, machinery, chemicals, and more. The marketplace is that it builds trust between buyers and sellers. There are features like;
- Supplier verification services
- Detailed production description
- In building communication channels
And many other features that help you get what you want. Apart from this, it also emphasizes promoting small and medium-sized businesses to benefit the suppliers who might overshadowed on larger platforms.
- Alibaba
Alibaba is One of the largest and most popular B2B platforms on a global level. It offers you a variety of products that range from electronics to fashion, automobiles, and more. The marketplace is popular for businesses that source products from manufacturers in China. But this is not the end, you can also connect with businesses from other countries too.
If you are a buyer then there are benefits such as Trade Assurance Program. The program helps you secure transactions and offers refunds in case there is a problem with the quality or delivery of the product.
Although, the popularity of the platform means that there is fierce competition among sellers. And that makes it more difficult for small businesses to stand out.
- Amazon Business
Amazon Business is another giant in the b2b eCommerce marketplace because of its massive infrastructure. Amazon has built brand trust in all these years in the B2C sector which leads the audience to trust in its B2B model too. Even though there are many differences in B2B vs B2C as explained in Attrock guide, Amazon has performed significantly great in both the areas. If you are a business that uses Amazon Business, you can get benefits such as;
- User-friendly interface
- Trading system
- Multiple user accounts
- Approval workflow
- Detailed spending analytics
- Rating checks
- Shipping options
- Comparison of sellers
And much more that makes it easier for you to manage your purchase. As a seller, the platform gives you a huge customer base. You are a startup or your company ranks in Fortune 500 companies. It has a tool for scaling and improving your visibility to grow.
Consideration: High fees can be a consideration for small sellers.
- Global Sources
Global Sources is known as the major B2B eCommerce for businesses importing or exporting from China and other parts of Asia. It is known especially for hosting large trade shows in Hong Kong. If you want access to verified manufacturers and suppliers across multiple industries, then it can be a good choice for you.
The strong suit of the platform is that it offers you a detailed supplier profile, so you can get insights into what the supplier is offering. Transparency helps you to make the right decisions while you select suppliers.
Do you want to buy a product in small quantities, then keep in mind that the minimum order quantities at Global Sources are higher than some other platforms. It makes the platform better for the business that wants to order in high volume.
- ThomasNet
ThomasNet is also not a new name, but a recognized platform among the buyers as well as the suppliers. It mainly aims to connect the buyers with the suppliers in the US and has a broad directory of companies in the region. It can be the right choice for the business that wants parts, raw materials, or industrial services.
If we talk about the unique thing about the platform then it would it how it offers you certification about the manufacturers and controls the quality of the products. It is a fit for you if you need specific products or services. Here, you can also make sure that the suppliers are meeting certain regulation standards.
While ThomasNet provides industrial goods it is not for everyone – it excels in its niche. The platform offers unmatched resources for companies that are operating in the industrial sector.
Conclusion
So, these are the top b2b eCommerce platform that gets you on the right track. Your goals will be theirs as they provide you with everything to achieve them. These platforms are not just the marketplace but your partners towards success. All you have to do is to give them a chance and see what they bring to the table.
