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B2B markets, Difference from B2C, and Introduction to Globy

by Busines Newswire
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The B2B model has become popular lately, as it has many advantages. The idea is that one company sells goods to another in order to make a profit. So, legal entities meet on a third-party platform, where they get initial information about each other and get an idea of prices. In such markets, you can buy everything from raw materials to completed products. It is convenient for the buyer that all the products they are interested in are on one website. Also, there is no limit on the number of offers: the supplier can place as many cards on the website as they want.

In this article, we look at how B2B markets vary from B2C and why both of these economic models have the right to exist. We also analyze the promising Globy company, which, among other things, offers several convenient tools. For example, after selecting a supplier, you can instantly find out shipping rates and analyze the route of the freight. At the end of the article, we will summarize the information and give recommendations.

Difference Between B2B and B2C Markets

B2C stores are designed for the customer to use the purchased product. On B2B markets (from business to business), goods are purchased not for direct use, but for resale, processing, or for use for technical purposes. For example, the company buys chemical raw materials for the production of a glass cleaner. Another organization buys bushings for a bicycle manufacturing plant. A third company buys dried cloves to resell them to a food spice company. In all these cases, the buyer did not use the product directly. Finished products are distributed through B2C stores.

Then why do B2B markets have household appliances? The answer is simple: a large batch can be purchased by an entrepreneur for distribution through small offline shops or for placement in online stores operating under the B2C scheme (from the business to the customer). That is why both models are required for the full functioning of the business.

Getting to Know Globy

Globy is a popular B2B platform, where you can find a wide range of products, as well as place your cards after registering as a supplier. This portal is appropriate for entrepreneurs who are involved in import or export and focus on large shipments. Using the tools on the website, you can expand your business, focusing on foreign trade. The fact is that here you can order goods from all over the world, choosing one of the convenient delivery methods. It is cheaper to transport goods by sea and, today, such an opportunity exists. On the website, you can choose the container of the required size yourself and negotiate with the supplier about the nuances. Unclaimed cargo can be purchased at a substantial discount. The functions are available only to companies that have registered on the official Globy website.

Main Advantages

The main advantage is that you can find a direct supplier and make deals without intermediaries. Of course, this is a mutually beneficial deal. You can act as a seller yourself. To do this, you should post information about your organization on the website and create product cards with characteristics. It is not obligatory to trade only on Globy. In the future, you can expand your business and start using other markets. The more intensively you advertise your products, the more likely they are to attract a potential buyer. The platform offers mutually beneficial cooperation and does not take a percentage of the transaction. The following advantages are relevant today:

  • Direct cooperation between the supplier and the buyer;
  • Transportation of goods around the world;
  • No commissions when making deals.

Conclusion

We explained what B2B markets are, got to know the Globy platform, listed the main advantages, and also explained how the B2B economic model differs from B2C. We recommend registering your company on Globy and starting the search for new suppliers or buyers today.