The term B2B was coined by the U.S. Department of Commerce in the 1980s, but it had been used before then, even as early as the 1940s.
The first known use of B2B was in 1953 by U.S. Steel Corporation when it established a “special distribution system” to sell its products to other steel manufacturers and distributors exclusively through trade shows, exhibitions and trade publications rather than through more traditional channels such as retail stores and wholesale outlets.In 1983, the United States Department of Commerce published a report entitled "A New Concept in Marketing" which defined "business-to-business marketing"
Business-to-business (B2B) is a type of business that provides goods or services to other companies. B2B can be seen as a form of vertical integration, where the company moves up the supply chain from selling to retailers to selling directly to other businesses.A typical example of a B2B transaction would be when one company sells raw materials to another company which then produces the finished product and sells it on. The business that buys the raw materials (the "upstream" company) would typically have a contract with the business that produces the finished product (the "downstream" company).
B2B directory is a resource that provides information on businesses. It is a trusted source for consumers and companies. The directory is updated with new information every day and it makes sure to include everything from the latest news, to company profiles, to contact details.The B2B directory has been around since 2008 and has made the industry more competitive with its quality content.
The term B2B was coined by the U.S. Department of Commerce in the 1980s, but it had been used before then, even as early as the 1940s.
The first known use of B2B was in 1953 by U.S. Steel Corporation when it established a “special distribution system” to sell its products to other steel manufacturers and distributors exclusively through trade shows, exhibitions and trade publications rather than through more traditional channels such as retail stores and wholesale outlets.In 1983, the United States Department of Commerce published a report entitled "A New Concept in Marketing" which defined "business-to-business marketing"
Business-to-business (B2B) is a type of business that provides goods or services to other companies. B2B can be seen as a form of vertical integration, where the company moves up the supply chain from selling to retailers to selling directly to other businesses.A typical example of a B2B transaction would be when one company sells raw materials to another company which then produces the finished product and sells it on. The business that buys the raw materials (the "upstream" company) would typically have a contract with the business that produces the finished product (the "downstream" company).
B2B directory is a resource that provides information on businesses. It is a trusted source for consumers and companies. The directory is updated with new information every day and it makes sure to include everything from the latest news, to company profiles, to contact details.The B2B directory has been around since 2008 and has made the industry more competitive with its quality content.
China has been known as the factory of the world for a substantial period. An ample amount of goods from distinct regions of the country belonging to a variety of industries are exported daily. If you - Read more