While Business-to-Business marketplace can be defined as neutral Internet-based intermediaries that focus on specific industry verticals or specific business processes, host electronic marketplaces, and use various market-making mechanisms to mediate any-to-any transactions among businesses. B2B email list appears much more promising than B2C and sets to far exceed B2C financially.
It is expected that more than 25 percent of all business-to-business purchases will be carried out over the Internet by 2004. E-auction Express evolution of Internet technology brought it in to being. Electronic commerce also enables textile mills to correspond directly with internationally based buyers of wholesale fabrics. For instance, Phoenix Textiles, US-based buyer and distributor of textiles, employs the Internet to buy its fabrics from mills around the world. Then, through its website, Phoenix Textiles sells to individuals and small and medium-sized companies as well as large corporate bodies.
The company banks on the Internet to refill its inventory as needed. E-retailing The textile-retail panorama has been transformed with many 'brick-and-mortar' retailers putting an Internet shopping-component into their offering. Enter 'click-and-mortar' heavyweights Wal-Mart, K-Mart, Target, Barnes and Noble, to name just a few. With the allocation and storehousing infrastructure in place, these retailers have an upper hand over their 'brick-and-mortar' counterparts.