A popular application of the__________, which is a major business-to-business (B2B) e-commerce model, is e-procurement.

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01-07-2021
Business

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A popular application of the__________, which is a major business-to-business (B2B) e-commerce model, is e-procurement.

Sagot :

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Lanuel Lanuel · Answer 1 · 2021-07-02T14:41:23-04:00

Answer:

seller-side marketplace model

Explanation:

B2B (business-to-business) is a marketing strategy that deals with meeting the needs of other businesses, by selling products or services to the organizations for resale to other consumers, used in production of goods or for the operation of an organisation.

B2B (business-to-business) model focuses on facilitating sales transactions between businesses.

Under the B2B, the producer sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

A seller-side marketplace model is a type of business transaction that involves selling goods to the customers of an organization.

One of popular application of the seller-side marketplace model, which is a major business-to-business (B2B) e-commerce model, is e-procurement of goods through the use of internet which eliminates the option of physical buying or procurement.

Sagot :

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