With the economy recovering post the Covid-19 pandemic there has been a significant shift in the way Micro Small and Medium Enterprises (MSMEs) buy, sell and operate. While a lot has been written about the B2C e-commerce boom in India, it is B2B e-commerce that is silently turning the wheels of the economy by facilitating critical everyday commerce between businesses.

Driven by necessity during the pandemic and by the government’s broader push for digitization of commerce, B2B marketplace platforms have been on the rise and are now an integral part of the operations of retailers, wholesalers, distributors, and even your friendly neighborhood kiranas.

While 2022 saw accelerated adoption of end-to-end B2B platforms, trusted networks, alternative credit scores, and easier access to finance, we can expect several new and interesting trends to gain traction in this space in 2023 that will define how B2B e-commerce will develop in the coming years.

In the business world today, Marketing is evolving at a very quick pace. It is hardly surprising what marketing is capable of. However, marketing is not only just raising brand awareness but more; it is also about increasing sales, growing businesses, and engaging customers. In Simple terms, no business would be complete without marketing. Marketing is not just a component of business success; it is the foundation of business success.
Before we get into the reasons why marketing is important for businesses, Let’s first take a look at what is Marketing.
Marketing is the primary function of an organization. The term “marketing” refers to a wide range of activities that are all related to promoting your company’s products and services. According to some marketing professionals, the one thing that marketing is not is the sales act itself, which is the outcome of marketing.

A recent report states, “Business-to-Business E-commerce Market Size is Expected to Hit US$ 18.57 Trillion by 2026, Exhibiting a CAGR of 18.70%.”
The most recent study analysis indicates that the global Business-to-Business (B2B) E-commerce market is expected to reach.
The size and share of the market in 2020 were projected to be greater than 7.35 trillion USD. It is anticipated that the market will expand at a CAGR of 18.70%, reaching a value of more than USD 18.57 trillion by 2026.

The B2B industry has gained prominence over the years with big technology giants like Alibaba becoming trendsetters in the industry. Needless to say, technology is a basic need for B2B trade. Globalization has had a great effect on the entire industry. Modern B2B marketing strategies are based on technology, which includes real-time survey tools, automated mailings, and artificial intelligence-supported programming.

Over time in the journey, there has always existed an intrinsic link between Businesses’ success and WorldProNet. What brings so much interest to this area of Business Succeed? Read ahead to discover the answers.

When dealing with B2B, WorldProNet is
a global leader in business services and solutions. The company has a strong record of success in helping businesses of all sizes. Retain that definition as we proceed deeper into exploring the group of factors that Businesses succeed at WorldProNet.

Globalization has become a trendsetter in several businesses and B-2-B commerce. For those in the industry, commerce is no longer just commerce. It has been translated to E-commerce with the recent creation of a ‘global village by the internet. But what does this mean for the industry? There is huge anticipation and expectations, then there is reality.