The research by the top-notch statistics bureau statista states that by the year 2025, 70% of all the B2b trade will be held online. Much the same prediction, as well as overall trends towards digitalization, motivate entrepreneurs to Pursue the b2b Web Portal Development and create a digital space to conduct digital transactions with other Businesses.
Millennials are allegedly the reason to transform from call and email toward sophisticated technology of web portals. Be Millennials our savior or not! However, the b2b business owners are no longer confined to legacy systems.
And just as always, the newly discovered progressive ideas start to gain traction, and the skeptics out of nowhere, There is no such use as going all out and building a new b2b web portal they said condescendingly. A usual website portal fulfil all the same requirements and functions, Thank you, and good buy skeptics
We can estimate that this idea stems from their misunderstanding of the web portal. For this reason, before we elaborate and learn more about b2b web portal development, its types, and its benefits, we will first resolve the confusion and briefly understand the idea of the web portal.
What is a web portal?
In brief, The web portal is a digital platform, The content of which we retrieve by users via unique logins and passwords. Authentication is the most important action for a web portal, as it reach to help its primary goal: provide every user with a private login. Whereas the traditional web portal provides the unified information to all user.
You have probably noticed that the news about the topic you like more will pop up first once you are logged in to your yahoo account. The reason is that it is a web portal it deliver the data from different platforms to make you feel seen, heard and valued.
We can bet that you would be probably happy to bring the same user experience to your customers if a user is not an individual but another company.
What is B2B portal?
On of the Best example of B2B portal is Alibaba. Once you have logged in to Alibaba you will be presented a fully personalized store front.
The Idea of B2b web portal can be simply understand by the abbreviation of it self, Which stands for Business to Business. Hence these are the online platforms that allow for the exchange of the product or services and sharing the information between two enterprises in opposition to the Business to Customer (B2C) Portals where companies fulfill the requirement of individuals.
The concept of other business is to vague, Right? So before proceeding with the B2B portal development it is necessary to determine who you customer is
The end-user of your B2b portal can be the following: Producers, Resellers, Governments, and institution.