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B2B Portals- “the new Age Shopping Sites”

| Sunday, May 31, 2009

A portal can be defined as the root destination for users that combines web links, features and services. At its beginning it was used as a generic word for popular search engines and internet access providers such as AOL, MSN and Yahoo but in recent days it has bought revolution in covering and converging business websites, where a corporate portal or enterprise information portal acts as a source for employees, customers, suppliers and other associates of a company to access corporate information and web services. B2B portals refer to websites that are natured to carry out electronic business and manage considerable parts of corporate business processes.

A B2B portal brings you an uncountable number of advantages. They lace your business with features like faster and easier access to product information, quicker response to client requests and better support. This not only increases the existing customer base but also reduces the cost of acquiring new customer significantly. They allow a business power the benefits of e-commerce for promotion and branding for instance an export business. These B2B portals integrate the whole marketplace into one and let you choose from variety. You can either place an order for purchase or directly buy products using your credit card. Whole transaction is managed by a consolidated workplace reducing the time in document process. As far as your research is concerned the company directories and E-catalogs do a very good job. If you want to go more in-depth then refer to those user and expert reviews posted on these portals along with the buying guides detailing product features.

Other than providing ease to your costumers, B2b have got a lot to offer to you internal business functionality. It augments the performance of the supply chain management system, internal messaging system product content adding system. It not only gives bells and whistles to your information exchange and product adding mechanism but also increases your return on investment.

With all the above offerings B2B portals is the future to come. They are growing day by day and helping the import/export companies in making their business more effective. Whenever you need to avalanche your business to the next level, this is the new option, other than traditional advertising, with added cost effectiveness. Overall, B2B portals are the lifeline of ongoing leading business companies and therefore play an influential role in the success of any business.

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