B2C vs. B2B eCommerce
At the most basic level, B2C companies sell to consumers while B2B companies sell to businesses. Let’s look more closely at each strategy, and the key differences between them.
What is B2C eCommerce?
Business-to-consumer (B2C) means selling to individual customers. The sales process, therefore, is focused on the needs of a single customer and moving prospects from initial interest to purchase is relatively straightforward. Sales cycles are shorter and more emotionally driven.
What is B2B eCommerce?
Business-to-business (B2B) means selling to businesses. Businesses have multiple stakeholders, compliance requirements, and many other factors that make the sales processes more complicated. Sales cycles are longer and driven by logic and rationality.