5 Reasons Why You’re Missing Out on B2B Revenue Without a B2B Storefront
Discover why B2B storefronts are becoming so important for businesses and how they can take your business growth to new heights.
What is a B2B storefront?
Just like how B2C (Business-to-Consumer) websites serve as digital storefronts for consumers, B2B storefronts are the online showrooms where businesses can display and sell their products to wholesalers or retailers. In B2B transactions, where quantities and amounts are usually larger, a personalized buyer experience is a must have. Designing a smooth buyer experience can increase customer satisfaction and lead to business growth.
On the user experience side, B2B storefronts are slightly different from regular online shops for consumers. The B2B storefronts are specifically designed for the repetitive actions retailers and wholesalers do on a daily basis. These platforms should be the go-to place where clients can easily and quickly browse product catalogs, place B2B orders, and manage their accounts effortlessly.
In addition to this, a good B2B storefront should act as a helpful and intuitive product showroom. This means not only showcasing products that clients regularly buy but also introducing them to similar items or new products they might be interested in. With a proactive approach, businesses can enhance the B2B shopping experience and even encourage additional purchases.
“The global business-to-business e-commerce market size is estimated to reach USD 20.9 trillion by 2027 (…).”
5 Reasons you’re losing B2B revenue without a B2B Storefront
- Harder to be found: Without a B2B storefront, it’s like having your business tucked away in a hidden corner of the internet. Potential B2B customers might struggle to find you among the crowd, which means you’re missing out on valuable opportunities to connect with them.
- Inconvenient for customers: Think about it like this – if your B2B customers can’t find you online, it’s like making them jump through hoops just to place an order. They might prefer the ease of browsing and buying online, and without a storefront, you’re not meeting their needs.
- Wasting time and resources: Without a B2B storefront, you might find yourself stuck in the past, using outdated methods that eat up time and resources. Manual processes can be slow and prone to mistakes, leading to frustration for both you and your customers.
- Missing growth opportunities: It’s kind of like trying to grow a plant without sunlight – possible, but not ideal. Without a storefront, you’re limiting your business’s potential to reach new customers and expand your reach. Embracing digital storefront technology opens up a whole new world of growth possibilities.
- Falling behind the competition: Picture this: while your competitors are busy setting up an online shop and attracting new customers, you’re still stuck in the old ways. Without a B2B storefront, you’re giving them a head start and risking being left behind in the race for B2B sales.
Why are B2B storefronts so important?
Easy transactions: Think of B2B storefronts like the express lane at the supermarket – they make transactions between businesses quick and painless. No more paperwork or back-and-forth emails; everything happens seamlessly online.
One-stop-shop: B2B storefronts are like a one-stop-shop for businesses. They provide all the information a B2B customer could need – product details, prices, order history – in one convenient place. It’s like having your favorite store right at your fingertips.
Better B2B experience: B2B storefronts are all about making life easier for customers. They offer self-service options, personalized recommendations, and easy navigation, so businesses can find what they need without any hassle. It’s like having a personal shopper guiding you through the process.
Room to grow: With a B2B storefront, the sky’s the limit. Businesses can reach new customers, expand their market presence, and discover new revenue opportunities. It’s like opening up a whole new world of possibilities for growth and success.
A plug-and-play B2B storefront with Turis
For businesses wanting to avoid development downtime, expensive customization costs, and security issues, Turis offers a plug-and-play B2B storefront solution. Setting up a fully functional storefront is straightforward, with no coding required. Business owners can customize their storefronts with their brand elements easily. Turis App provides a seamless integration of customization and ease of use, ideal for enhancing online presence and streamlining B2B transactions.
