B2BElectronic Commerce

Tradition is gone, digitalization is coming From B2B e-commerce Guide

The following is the Tradition is gone, digitalization is coming From B2B e-commerce Guide recommended by recordtrend.com. And this article belongs to the classification: B2B, Electronic Commerce.

It is predicted that in the next few years, B2B e-commerce market will usher in strong growth. By 2025, 80% of the sales interaction between suppliers and buyers in the B2B field will be conducted in digital channels. COVID-19 has pushed the digital process forward. At the same time, millennials who are keen on and proficient in technology are increasingly influential in purchasing behavior. These are the main driving forces for the growth of global e-commerce business.

In the past few years, the prediction of the future development trend of B2B industry can be seen in the remarkable growth of B2C e-commerce. DHL Express e-commerce business achieved substantial growth, especially in the peak seasons such as Easter and Christmas, as well as large shopping festivals such as black Friday and double 11. In 2020, the volume of B2C e-commerce in DHL express network will increase by about 40% compared with that in 2019.

The continuous development of digitization and the continuous change of consumer behavior not only promote the development of B2C e-commerce. In 2019, before the outbreak of the epidemic, the global B2B e-commerce website and transaction volume in the market has increased by 18.2%, reaching US $12.2 trillion, exceeding the market scale of B2C industry.

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