Magento is focusing on B2B market too

Magento is doubtlessly the best of the e-commerce platforms.  With assistance of an expert Magento web development company, it can serve multiple purposes. It has ability to promote content and gain awareness to the products/services hosted on Magneto based sites. It goes easy with email marketing, SEO and a lot of other things.  For now majority of online store are powered with Magento CMS. They aren’t only small-medium enterprises but also, many largest companies in the world are daring to use Magento for their stores.

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The recently launched Magento B2B Program is aimed at advising manufacturers, wholesalers and distributors on how to use Magento CMS based e-commerce platform to get more out of their businesses.
The eBay’s company wants to take the advantages of growing B2B market.  A lot of businesses engaged in B2B market are already using Magento technology. Need of using the technology is also growing among big branded manufacturers, distributors and retailers. They want to leverage the platform for their B2B setups.
Let me refer a study of Forrester Research Inc. and Internet Retailer which details out that B2B buyers are completing half of the work-purchases online and this percent will double by the year 2017 as it increased 26% from 2013 to 2014. 

Magento is learning from the fact that 30% of B2B companies are already using Magento based websites to sell their products /services to other businesses. It will use this knowledge to offer directions to B2B companies which are interested in selling online.

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Magento has already been the successful technology for retailer websites. A big percent of online companies have powered their stores with Magento CE and EE CMSes. Let’s see how advantageous is Magento proved for online B2B world.

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