What does the acronym "B2B" refer to in the context of digital commerce? 🔊
In the context of digital commerce, the acronym "B2B" refers to business-to-business transactions. This model involves sales of products or services between two businesses, as opposed to selling directly to consumers (B2C). B2B e-commerce encompasses various industries, including wholesale distribution, manufacturing, and services, and often requires specialized platforms capable of handling complex transactions, bulk orders, and long-term contracts.
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