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The Role of B2B in E-commerce
The Current State of Global
B2B E-Commerce
China is projected to
be the largest online
B2B market in the
world by 2020, with
approximately
$2.1 trillion
in sales.
Projected global
B2B sales to have
an online component
within the next
five years
27%
B2B and B2C E-commerce
0%
5%
10%
15%
20%
B2B B2C
Growth
0%
5%
10%
B2B B2C
Average Conversion Rate
19% 17% 7% 3%
$6.7 trillion
Global B2B
ecommerce sales
$3.2 trillion
Global B2C
ecommerce sales
YEAR 2020
B2B E-Commerce in the U.S.
$1.1 trillion
B2B commerce
by 2020
12.1%*
B2B overall sales
$780 billion
B2B commerce
at the end of 2015
9.3%
B2B overall sales
*Forester estimate
B2B shoppers
say buying from
a website is
more convenient
than buying
from a sales
representative
74%
B2B shoppers
prefer to buy
online when
they’ve already
decided what
to buy
93%
B2B Buyer Behavior Facts
B2B Buyer Behavior Facts
B2B shoppers are more
likely to have their product
discovery process aided by
social media
59% of shoppers
than company blogs (52%).
Why B2B E-Commerce?
B2B executives say they have reduced their
customer-support costs by migrating offline
customers online.
52%
B2B executives say they have customers
they can only serve profitably online.56%
B2B companies say their B2B buyers spend
more overall when they interact with sellers
through multiple sales channels.
60%
Top B2B Shopper Requests
Product recommendations based on
past purchases
1
2
3
Prominently displayed product price
Product reviews and expanded product
information
Targeting customers with dynamic promotions4
E-Commerce Module Series
B2B E-commerce can take your business more places,
connecting you to more opportunities,
with more access to more customers than ever before.
Join BEAM and find out how.
B2B E-commerce for Advanced Manufacturing
Payments
An overview of payment solutions
in a rapidly changing solutions industry
Marketing
How to build a target market priority
list for overseas customers
Program Elements
Program Elements
Logistics
Supply and distribution relationships
necessary to serve a global market
Legal
Customer rights, data protection, legal
factors unique to e-commerce sales
Additional Program Benefits
ü  Access to content, videos, and
interviews from leaders in the
B2B E-commerce space
ü  Participate in GRIN Leadership Labs
ü  Attend country-specific workshops
with service providers
For more information:
www.citdlb.org/beam
Our Partners:
GETTING TO GLOBAL
Leah Goold-Haws
Director, Global Initiatives,
Center for International Trade Development
at Long Beach City College
www.citlb.org
(562) 938-3240
info@citdlb.org

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The Role of B2B in E-Commerce

  • 1. The Role of B2B in E-commerce
  • 2. The Current State of Global B2B E-Commerce
  • 3. China is projected to be the largest online B2B market in the world by 2020, with approximately $2.1 trillion in sales. Projected global B2B sales to have an online component within the next five years 27%
  • 4. B2B and B2C E-commerce 0% 5% 10% 15% 20% B2B B2C Growth 0% 5% 10% B2B B2C Average Conversion Rate 19% 17% 7% 3%
  • 5. $6.7 trillion Global B2B ecommerce sales $3.2 trillion Global B2C ecommerce sales YEAR 2020
  • 6. B2B E-Commerce in the U.S. $1.1 trillion B2B commerce by 2020 12.1%* B2B overall sales $780 billion B2B commerce at the end of 2015 9.3% B2B overall sales *Forester estimate
  • 7. B2B shoppers say buying from a website is more convenient than buying from a sales representative 74% B2B shoppers prefer to buy online when they’ve already decided what to buy 93% B2B Buyer Behavior Facts
  • 8. B2B Buyer Behavior Facts B2B shoppers are more likely to have their product discovery process aided by social media 59% of shoppers than company blogs (52%).
  • 9. Why B2B E-Commerce? B2B executives say they have reduced their customer-support costs by migrating offline customers online. 52% B2B executives say they have customers they can only serve profitably online.56% B2B companies say their B2B buyers spend more overall when they interact with sellers through multiple sales channels. 60%
  • 10. Top B2B Shopper Requests Product recommendations based on past purchases 1 2 3 Prominently displayed product price Product reviews and expanded product information Targeting customers with dynamic promotions4
  • 11. E-Commerce Module Series B2B E-commerce can take your business more places, connecting you to more opportunities, with more access to more customers than ever before. Join BEAM and find out how. B2B E-commerce for Advanced Manufacturing
  • 12. Payments An overview of payment solutions in a rapidly changing solutions industry Marketing How to build a target market priority list for overseas customers Program Elements
  • 13. Program Elements Logistics Supply and distribution relationships necessary to serve a global market Legal Customer rights, data protection, legal factors unique to e-commerce sales
  • 14. Additional Program Benefits ü  Access to content, videos, and interviews from leaders in the B2B E-commerce space ü  Participate in GRIN Leadership Labs ü  Attend country-specific workshops with service providers
  • 15. For more information: www.citdlb.org/beam Our Partners: GETTING TO GLOBAL
  • 16. Leah Goold-Haws Director, Global Initiatives, Center for International Trade Development at Long Beach City College www.citlb.org (562) 938-3240 info@citdlb.org