Consumers have been going on line to buy products with increasing frequency. Now, however, online marketplaces are becoming a favored channel for business-to-business buyers as well.
TradeGecko, a maker of inventory management software, recently surveyed 200 businesses around the blog—and they found that, especially when acquiring new customers, online is the place to be. Meanwhile, consignment and telesales seem to be a thing of the past.
Take a look at the infographic and let us know where you see the promise of hybrid business models that include combine e-commerce and traditional wholesale business models. How do these figures synch up with what you're seeing in the industry? Let us know in the comments section below.
— Hailey Lynne McKeefry, Editor in Chief, EBN