38% of U.S. manufacturers are planning to spend from 26% to 50% more on B2B website operations, and this is because they realize that a successful eCommerce store will be crucial to their sales roadmap and customer acquisition going ahead. The switch to eCommerce is more critical now than ever before.
Most brands already have an eCommerce presence and 70% of the ones that don’t are expected to launch one very soon; attributing improving sales and understanding buyer behavior as the top reason.
Less than 50% of manufacturers have a B2B eCommerce site
Getting the word out to drive revenue and increase brand visibility via digital and social media marketing is a top priority for most manufacturers. The way your audience engages with you will serve as the architect of their entire buying cycle.
Manufacturers should realize that by creating these robust online marketplaces, they can support their venture both online and offline in a unified fashion that helps you to go the omnichannel way and give consumers a personalized, low-cost, and reliable solution everywhere for all their needs.
% of increase in Spend in B2B eCommerce against 2018
45% of manufacturers already list B2B eCommerce as a new way to sell to retailers, wholesalers, and distributors and with 70% of buyers preferring to purchase online; you don’t want to get left behind in the eCommerce manufacturing race. Help the clients discover your brand by adopting eCommerce.
Let eCommerce assist your workflow & witness your B2B manufacturing dream getting fast-tracked. Begin your digital journey or strengthen the one you’ve already got to enhance your status & outrace your rivals.
In the “IoT age” make your back-end complex operations more efficient by utilizing tools to integrate with your existing PIM, CRM, ERP, CPQ, transportation management system and other business systems in place. The impact of IoT is predicted to be nearly $4 trillion by 2025.
Front-end operations are simplified as you rely on bots, instant quote calculators, auto order status, refunds, and shipping prompt to accomplish miscellaneous tasks. Customer service can focus on acquiring leads, building relationships, and creating more revenue-generating activities.
Give buyers a shot at customizing products with a product configurator, make the part numbers, properties, dimensions and other specs available online, heavy paperwork comes down, and your business becomes more streamlined.
Taxes will no longer be a concern as simple extensions will handle the task with ease. Merchants get time off from this tedious chore of handling spreadsheets to focus on growing the business. Automate your sales tax calculations, reporting, and filing.
Use a modern Cloud-based B2B eCommerce platform to speed up your order fulfillment processes. Accurate data synchronized between systems leaves sellers with correct and timely information. These systems can also manage inventory updates along with handling partial delivery and multi-warehouse shipping.
Take shipping to another level with Drop shipping, with no need to stock the product and to get new items added with ease; you no longer bear the burden of ordering items in bulk. Besides this, the cost of freight and warehouse employees no longer skim the profits.
Work social media in your favor. Showcase your SKU’s in mesmerizing ways and keep the buzz around your brand active 24×7. A resource like this will curb the geographical restrictions and helps the team penetrate a global audience. Now, no region will ever be out of your reach.
eCommerce for manufacturing companies delivers the best ways to retarget your customers, deal on the device you wish, with a vast audience, manage testimonials, run exclusive offers/promotions, give detailed info, certifications, run analytics & minimize human errors to consolidate your business and scale it further when needed.
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