Difference between B2B and B2C
B2B are portals that allow businesses to deal directly with their suppliers and distributors online. A B2B site deals primarily with other businesses, not the general public, a B2C site sells directly to the end user. B2C websites are intermediary portals to link customers to suppliers.
Customer requirement is the most important difference between B2B (Business to Business) and B2C (Business to Customer). Customers are focused by the B2C for their individual transactions. whereas B2B focuses on other businesses as the consumer. This difference creates different needs for B2B applications.
Type of order is the next difference between B2B and B2C. Repeat and standing orders are a common B2B requirement. For example, when you order office supplies or parts, usually you order the same products as well as the same amounts at fairly regular intervals. But B2C concerns itself with selling to the end user.
Type of payment is also a different requirement for B2B transactions. When your company makes a purchase, you rarely use a credit card for payment. Mostly, you use the forms of payment such as lines of credit and open orders. B2B applications are designed with these requirements in mind. These are portals that allow businesses to deal directly with their suppliers and distributors online.
Type of search function in B2B applications is the another difference. A catalog to browse through is not necessarily a requirement, depending on the type of B2B purchase you want to make. When shopping for specific items, your company may benefit from a configurator and bid function rather than browsing and searching an online catalog.
The type of connection between B2B and B2C differs. When you are connecting to a B2B application to make a purchase, you are normally connecting to one partner or several trusted partners.
B2B applications have these unique characteristics that set them apart from B2C applications:
Different types of purchases and authorizations
Unique contracts, terms, and conditions for different business customers
Participation in customer’s supply chain
Variety of customer sizes, demands, and requirements