Business to Business: B2B2B
Business to business: B2B is a more specialized form of business than the business to consumer type. Business to business is more often than not an occurrence where two companies make a commercial transaction with each other. This typically occurs when the businesses involved are selling to the general public or the specific product or service they are offering is in a retail store or an office. In this way, the business to business transaction is not as generalized and universal as the business to consumer type.
There are a few different types of business to business deals that take place in this manner. The most common is between a retail store selling merchandise for its own personal use and another business selling similar products or services to the store owner. Often, the companies making these sales are the same company. For example, a retail store selling children’s clothing would likely be dealing with the same business to business transaction as would a clothing manufacturer that is selling its products to the department store or even a clothing retailer that is selling to the high-end fashion boutiques in the area.
Business to business: B2B transactions do not have to be restricted to the two business to consumer type cases. A company selling a particular product that is unique to them or being sold in a retail store can also take advantage of such transactions. The company could have special orders for this product or they could simply have been selling the item at a different location. The products they sell would have an identifiable location that has been determined by the business to business: B2B deal.
The company being sold the product from the retail store would make an offer to the company in charge of the sale. The offer would include the product that has been offered, the name of the company selling the product, the contact information for the company selling the product and the price the company would be willing to pay for the product if they were selling it to the customer. The company would usually work out the price with the person in charge of the business to business: B2B2B deal to get a reasonable amount of payment for the sale.
When companies have this type of business to business: B2B2B deal, they can usually avoid the hassles associated with conducting an ordinary business transaction through the use of the Internet. The Internet is generally used to conduct the business to business: B2B2B transaction, but there are times when it is not. a good idea to conduct the transaction through the Internet.
One time uses of the Internet can be very beneficial in conducting business to business: B2B2B deals, but there may be times when this type of transaction is not a good idea. For example, a company who sells a unique item that the public does not know about or who sells only a select number of products may want to make the transaction over the Internet for fear that if it is not completed on time the item will not sell and the company will be left holding the merchandise without being able to get any money from it.