What does "B2B" stand for in e-commerce? 🔊
"B2B" stands for Business-to-Business, which refers to transactions between businesses rather than between a business and individual consumers (B2C). In a B2B context, companies sell products or services to other companies, often involving bulk purchases, long-term contracts, or ongoing partnerships. The B2B model is essential for industries such as manufacturing, wholesale, and technology, where collaboration between businesses is crucial for growth and efficiency.
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