The 10 Most Prominent B2B Marketplace Examples
Online B2B marketplaces are a great tool to conduct your business operations. A vast majority of businesses face difficulties in finding a trading partner or supplier. Especially those who focus on one or few products and services.
Similarly, this is the case with buyers as well – having so many suppliers makes it difficult to choose the best one. This is due to the lack of transparency and information about them as most companies only list their company name and contact details without any detailed product/service description.
Online B2B Marketplaces
Searching for a mutually beneficial trading partner or supplier becomes much easier with the help of B2B marketplaces. As suppliers can promote themselves through their listings. On the other hand, buyers have access to a bigger pool of potential partners ready for cooperation at any time.
The big opportunity for companies is to conduct their business through online B2B marketplaces. They are able to list more details about the business, the products/services they offer jp54 buyer and provide reviews of other existing customers.
Based on our research, we’ve shortlisted top 10 most prominent online B2B marketplaces that are worth your attention.
eWorldTrade is a top most b2b website in the world that provides over 1 million verified companies’ profiles to choose from. This e-marketplace is perfect for small, medium and large businesses as it empowers. They to have time-saving search options to find the best business partners with ease.
eWorldTrade has a user-friendly interface that allows you to easily create an account or login via your Facebook, Twitter or Google accounts through OAuth authentication system.
Additionally, eWorldTrade offers other features such as lead generation forms integration for free, created specifically for B2B buyers. Who are seeking trusted suppliers based on their needs and requirements. There is also a simple messaging option that allows direct communication between the company and its traders at any given time.
Alibaba is often referred to as the Amazon of China. As far as B2B marketplaces go, Alibaba holds the largest number of suppliers in any industry. Which enables you to find almost anything. Clothing and electronics to healthcare equipment, machinery, tools and much more.
Being one of the most popular online portals in Asia with over 845 million products listed. This marketplace offers a wide range of business possibilities for companies looking to expand their business globally. On top of that, an average successful transaction on Alibaba reaches even up to $700 billion!
A registration process requires you to create your personal account through Alibaba’s system and provide all necessary data such as company name and address so they can give you a brief introduction about yourself and your company.
3. Amazon Business
Amazon is a worldwide known company that aims to provide customers with fast and easy access to products from various industries. That Marketplace caters for different small, medium and large companies by enabling them to find business-related products in one place.
It’s a perfect platform for buyers who are looking for a specific product as has a simple search option. You can either enter the exact product name or use keywords. Which will return much more accurate results compared to Google. Additionally, Amazon Business Provides detailed information about suppliers such as their location, product lists, trading practices and much more.
4. Global Source
Global Source is a worldwide B2B marketplace based in China and Hong Kong. It was founded by enthusiasts of the manufacturing industry who aimed to help buyers find quality suppliers and manufacturers for their products with ease and convenience.
As a third-party service provider. This platform aims to simplify your supplier search as they have over 400 thousand registered companies from all over the world. In addition, Global Source provides different payment options as well as product protection plans. That allow you to increase your online security when buying products on their website.
5. Alibaba Cloud
Alibaba Cloud is a subsidiary of Alibaba Group which specializes in providing computing resources across cloud computing, big data analysis, storage and content delivery network services through data centers around the world, especially in China.
Apart from the B2B marketplace, Alibaba also has their cloud computing service provider. Alibaba Cloud – which holds over 6 million users and 1 million businesses’ data on their cloud systems. This company is for individuals or companies seeking secure, reliable and scalable solutions for online services like e-commerce websites, mobile apps, gaming platforms and much more.
TradeMachines provides an efficient way to expand your business globally with end-to-end automated international trade software that enables you to access all the necessary tools you need to find the perfect supplier, import / export products efficiently across borders, manage customs documentation all in one place.
It’s not just a regular B2B marketplace as it has other solutions like:
– Multi Market – a single window to search through all the different online and offline marketplaces and networks (Alibaba, Amazon, eBay and more);
– ONE – an automated system for efficient importing / exporting of products from one platform to another;
– Global Express – an intelligent management tool providing landing cost estimations.
Upwork is a popular global online work platform that enables freelancers who are looking to find clients and companies who are searching for talented individuals.
Freelancers can pick from the list of job offers. Create their own profile and wait to be contacted by potential employers. Companies also have the option to post jobs and search through thousands of applicants. Whoever fits their job best will be hired for this position. Some people believe Upwork is a great tool when it comes to finding professionals for your business. While others argue that it’s better used as a last resort if you simply cannot find someone suitable in other ways.
This marketplace has over 14 million registered users so consider it as another opportunity if you’re on the lookout for skilled employees.
Packhelp is a unique B2B marketplace which combines an online shop and a service that allows you to order custom built cardboard packaging for your products.
The process of getting a customized package starts on their website where you choose the product. Its size and color then opt for a special design if available. After that, the buyer enters the address details and selects a delivery method. Once all this is done, they proceed to checkout – make payment – wait until their parcel arrives in 10-15 business days from when it was made.
This company believes in sustainable solutions as 80% of cardboard waste can be recycled compared to 5% plastic waste. Instead of using harmful materials like plastic or Styrofoam, Packhelp decided what to do next.
TradeFord is yet another B2B platform where businesses from all over the world trade global agricultural, industrial, financial and natural resources with ease through an open marketplace.
It has over 2 million registered users which are growing in numbers by the day. Offering numerous opportunities to reach potential customers from anywhere around the globe.
B2B marketplaces are an excellent source of new customers because they’re already looking for products and services similar to yours. If your business is related to any of these trade areas – agriculture, industrial goods etc. Then there’s nothing stopping you from reaching out to other entrepreneurs or companies working within this realm.
Zageno is a B2B platform that provides an excellent way for companies like yours to find and engage with early adopters. The best thing about this marketplace is that it allows all types of professionals from various industries. Test your products before you take them out to the wider market.
Businesses can also publish product announcements and gather opinions and feedback. Which is an efficient way of communicating with potential buyers who might be interested in their service or product. You can even charge users if they want access to specific features available on your website, although that’s optional. Basically, Zageno believes people should pay for what they use so it impacts positively on business’ profitability.B2Becommerceonline business