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Business to Business (B2B)

What is Business to Business (B2B)?

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Business to Business (B2B) describes transactions and relationships between businesses, as opposed to those between businesses and individual consumers (B2C).  

Core components include:

  • Developing strong partnerships and networks to facilitate transactions
  • Understanding complex buying processes and long decision-making cycles
  • Prioritizing long-term relationships over one-time sales

B2B practices support industries like manufacturing, wholesale, and services, providing products and services that help organizations operate effectively. This model is pivotal for driving industrial economies and fostering innovation.