Global online sales on the B2B platform have increased over the past few years, rising from 17.8% to $1.6 trillion. This demonstrates how e-commerce is developing and how companies should concentrate on online platforms. When two business entities transact with each other in large quantities, it is called a B2B eCommerce business or a marketplace. In a B2B transaction, raw materials are bought for use in manufacturing as part of the supply chain. However, to conduct business, a company first needs a solid platform.
B2B marketplaces have proven to be the most efficient and goal-oriented trading platforms for consumers, businesses, and wholesalers. Many companies are searching for the best B2B marketplaces today so they can get access to a variety of features, offers, and services that will help them expand quickly. Many such platforms offer fantastic sales and growth opportunities. Here is a list of B2B online marketplaces that give you the best chance to interact with a large audience.
Alibaba
The leading B2B marketplace for wholesale goods is Alibaba, which Jack Ma and Peng Lei founded in 1999. As a platform for Chinese businesses to advertise their goods, it has grown particularly popular. Alibaba is one of the most efficient platforms for B2B, B2C, and C2C trading services, with millions of active users. Its customers have access to a wide range of services, such as digital auctions, mobile commerce, online fund transfers, and online shopping.
Amazon Businesses
In 2015, Amazon launched the enterprise-to-business Amazon Business marketplace for businesses of all sizes. It is more like a B2C market. Enterprises that need to buy wholesale products include those in education, healthcare, hospitality, and several other industries. Any size registered business can find a purchasing option on Amazon Business. According to the requirements of the business, the primary administrator can manage methods of payment, delivery addresses, transaction processing, and reporting options, among other things. They can also add or remove authorized users depending on the business requirements.
IndiaMART
The largest business-to-business online marketplace in India, IndiaMART connects buyers and suppliers. The channel focuses on providing a platform for all sizes of businesses, including Small and Medium-Sized Enterprises (SMEs), Large Enterprises, and individuals. With a whopping number of daily users and a large sum of registered users, it offers its customers a range of seamless services through basic and premium membership.
TradeIndia
The second largest B2B marketplace in India, TradeIndia, with its headquarters in New Delhi, has millions of registered users. This marketplace offers basic and exclusive membership options to its vendors and takes part in regional, national, and international trade shows. It offers a range of services to retailers, including value-added services, business catalogs, trade reports, leads, and dial-b2b services. It provides a range of industries with a large range of product types and subcategories, including industrial, home décor, and agricultural. In addition to these successes, TradeIndia is Google’s chosen SME partner.
Udaan
This B2B online marketplace was established in 2016 and has quickly experienced splendid success. It operates in a variety of industries, including general merchandise, FMCG, pharma, toys, home & kitchen, staples, fruits & vegetables, and electronics. Udaan, which ranks among the top business-to-business apps in India, serves as a catalyst for the over 60 million MSMEs, thereby enabling transparency, affordability, accessibility, and national reach for millions of manufacturers, retailers, and institutional businesses.
ExportersIndia
The Gupta brothers, Ankit, and SK founded this online marketplace in 1997. The business enterprises that have benefited from the crucial promotion and exposure in the current global market environment are in Exporters India. One of the top companies for web design, development, and e-commerce solutions, weblink.in Pvt Ltd., is the owner and operator of this portal. Due to the fact that this online B2B directory is the home to many goods and companies from all over the world, it is the perfect place for anyone who wants to see an increase in the state of international trade.
JioMart
Reliance Retail and Jio Platforms have partnered to create JioMart. This wholesaler and manufacturers’ market serves about 200 cities and towns across India and offers goods for the home, clothes, food, and much more. This marketplace provides goods for both immediate consumer use by customers as well as for businesses (kirana stores). Over 750 million users have so far used the platform. They also have over 15,000 item categories on their platform and deliver to more than 200 cities.
Given the scale of business generation, the position of B2B eCommerce is becoming increasingly important with the global markets’ onset of digitization—or, as one might say, “positive learning of the pandemic.” The B2B retail market, currently worth $700 billion and up, has the potential to grow to $1.3 trillion by 2025. Sustainable, user-friendly, and cost-effective solutions combined with cutting-edge technology are the key to achieving this lofty objective. The key drivers for small and new B2B eCommerce marketplaces to grow locally and internationally are trustworthy and inclusive digital ecosystems. By bridging the gap through digitization, businesses and the economy will eventually grow, resulting in a wider range of goods and services being offered on a global scale.
With this concept in mind, another excellently planned and executed marketplace for wholesalers and manufacturers is Rolloverstock. Although these are the well-known B2B marketplaces in India, you can take a look at Rolloverstock if you’re looking for a young startup that offers more advantages for buying manufactured and wholesale goods in India. Although there are numerous markets and portals, only Rolloverstock allows for direct communication between buyers and sellers. You can choose from the largest variety of goods at the lowest prices thanks to this. You need to look no further than Rolloverstock for the best B2B marketplace for manufacturers and wholesalers.
Why should Rolloverstock be your go-to marketplace if you are a wholesaler or a manufacturer?
- Rolloverstock offers an online marketplace for business-to-business exchanges between retailers and manufacturers so that they can efficiently trade their products in bulk. As a consumer, you have access to an incredible selection of different types of products if you prefer to purchase the products in bulk.
- To access a large customer base of more than 2 crore customers, you simply need to register as a seller. Vendors are not required to pay any fees for registration or onboarding. Customers simply need to register and browse the numerous product categories to purchase from.
- Sellers can list and sell their stocks on Rolloverstock portal and generate good revenue from bulk stock instead of reselling it for loss.
Rolloverstock is a fascinating eB2B marketplace in India for wholesalers and manufacturers, thanks to all these features.
