Apart from business-to-consumer highly popular model of conducting business, there is another form of commerce unit known as business-to-business. It is considered a different type of trade, as different participants are involved. In case of the business-to-consumer scheme, there are people who offer services or products and they serve as end products for people who buy them because customers are not likely to do anything else with the purchase other than using it themselves. On the other hand, B2B model is set up in such a way that both parties are exchanging some products or services intending to use it somehow in the future, either for the creation of their own product/service or aiming to resell for profit generation. Currently most all big and small businesses and entrepreneurs recognize the importance and overall benefits of using the Internet. Both models of business welcome the possibility to cut down production costs, elimination of multiple intermediaries and costs savings as a result of technology usage.
Regards: Eva Patillo
Specialist: Voodoo Spells Pay After Results