B2B is the acronym for business to business transactions or communication
. This is basically any transaction or communication between two distinctive companies. To further explain an online B2B portal, it is a website used by businesses to increase their international sales. Most of the features are free but you can get additional tools by paying a premium membership fee. The price will depend on the portal you are interested in.
B2B Portals Worldwide
The portal with the highest internet ranking is alibaba.com which is a website that was launched more than nine years ago with a focus on Chinese manufacturers. They have successfully become the leader in this industry by diversifying to a global strategy to attract more international companies. China has become the largest manufacturer in the world and this has greatly benefited this website.
A newer website has also come on the market named Tradekey.com. They are successfully pursued a more global approach to the B2B marketplace market.
Latin America is a new and emergent market with endless business opportunities. Mercatrade.com has successfully captured this market and filled a void that other portals have left. They have selling and buying offers that will not be available on other websites making them extremely valuable as a portal.Their design also differentiates them. They have opted for a sleek and minimalistic approach with less banners flashing everywhere making their user experience much more pleasant than on other marketplaces.
As you can see, B2B trade portals and marketplaces have become a necessary tool for any serious business looking to expand and increase their sales in new markets.