11-10-2014, 09:49 AM
Abstracts: This web application would include both buyer and seller as vendor. In that the buyer (i.e. vendor) would get expected seller(i.e. vendor) and the seller(i.e. vendor) would make contact to required buyer(i.e. vendor). Seller can also give advertisement of their products. Most B2B products are purchased by companies to be used in their own manufacturing, producing goods and services to be sold on. The value added product can then be either sold to yet another company; or to the consumer. B2B products and services are sold from one company to another. The overall volume of B2B (Business-to-Business) transactions is much higher than the volume of B2C transactions. The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub components or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer. There would be a major problem for vendors, if B2B web applications are not there. In this century, time is very important factor for every human being. Without existence of B2B web applications, a product may take too much time to develop as well as it may have higher cost. One of the characteristics of a B2B product is that in many cases it is bought by a committee of buyers and sellers who are really interested to buy/sell goods or raw material in lower cost and having good quality.