B2B (Business-to-Business) Marketplaces are the online platforms where one business sells to another business. The deals happen between two businesses. It is different from B2C and C2C in the simple sense that the parties (buyer or seller) are business entities.
So, we have compiled the list for online marketplaces where both the parties are businesses. The trade portals provide a platform where two businesses connect with each other and deal in something which proves to be beneficial for both the parties.
Top 10 Online B2B Marketplaces: An Ultimate List of Best B2B Sites in the World.
|Top 10 B2B Online Marketplaces (Sites) in the World|
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Global B2B Marketplaces and B2B Websites List:
B2B trade portals are a big hit for the sellers from all across the globe but for sellers from the developing countries like India and China these trade portals are a bliss.
The import-export industry which was highly unorganized have found better channels and is now transacting like never before. It has brought everyone on the forefront and engage in trade activities equally.
The manufacturers which were earlier heavily dependent on the exporters and intermediaries to find buyers are now selling directly to the buyers. Buyers are enjoying better rates with the eradication of intermediaries and they also have better information about the quality and manufacturing issues. Thanks to the B2B marketplaces. Let’s discover more…
1. Alibaba: the largest B2B Marketplace on the Internet
Alibaba which is a Chinese e-commerce player is the biggest B2B e-commerce marketplace with a revenue of 12.29 Billion dollars. Alibaba.com is a haven for importers and exporters from around 240 different countries.
It connect the buyers and sellers in their respective segments to smoothly carry on the business transactions as per their requirement.
It has also launched another portal aliexpress.com which allows small business to buy small quantity but quality goods at the wholesale price.
Other services and products of Alibaba group are:
It also operates in B2C and C2C space under e-commerce umbrella. It also has a payment processing service by the name of Alipay.
Popular News and latest stories about Alibaba
2. Indiamart: The largest B2B, B2C and C2C Portal in India
With around 1.5 million suppliers listed on its website and about 10 million buyers visiting the portal every month, Indiamart is the second largest in B2B marketplace category. Indiamart is a leading B2B and B2C portal for retailers and wholesalers.
Dhgate.com connects Chinese manufacturers and sellers to the buyers from all across the globe who wish to buy the products manufactured in China. More than 50% of the buyers are from north America and European countries.
DHgate.com is a great B2B portal for buying wholesale products from Chinese sellers.
DHgate has more than 5.5 million buyers from 225 countries more than $500 million sales annually.
The portal is also a point of attraction for affiliates and online marketers around the world as they get around 10% commission from the reference they send through.
4. Global Sources
Global sources is a Hongkong, China-based company which facilitates trade from China to the rest of the world.It provides sourcing information to the buyers ad also verifies the quality of the manufacturers.
5. Trade India
With over 1200 product categories and subcategories Trade India provides information about Indian and overseas sellers who are willing to transact globally. The main services offered by the portal are, dial B2B, trade leads, trade alerts, cellmefree, business catalogues and credit reports.
To further cater to the requirements of SMEs Tradeindia also launched a news portal SME times.
Tradekey is considered to be one of the largest B2B players in electronics segment.
With its presence in over 240 countries, it connects traders with buyers, distributors, importers and exporters, wholesalers, retailers and manufacturers across all 240 countries through a single platform.
Ec21.com is South Korea based company which is facilitating trade opportunities to small -medium-business. It claims to have more than 1.5 Million registered business and over 3 Million products.
Global market is a M2B (manufacturers to business) marketplace which connects the Chinese manufacturers to the marketplaces.
To ensure quality suppliers globalmarket.com gives certification to its suppliers after verification and screening for quality.
Tradeholding.com helps business to network with other businesses for trade purpose. Sellers can become a member of their portal and start trading with the buyers in the location of their choice. The portal lists its members based on the categories.
Although, this is not an exhaustive list and there are many upcoming B2B marketplaces doing well and starting to occupy good market share but, these are the best ones.
In our next article, we would try to cover in detail how to do business transactions effectively and successfully on these B2B portals and get the most out of it.
List of Top 10 Trade Portals in India in 2020 for B2B Sales and Trade …