As originally shared on the MarketWired, found here.
TradeGecko... unveils a feature set designed to bring a new level of customization to its B2B eCommerce platform, a private online store where wholesale businesses can invite their customers to buy from them online 24/7.
“It’s Shopify for wholesale. Whether you’re a consumer brand or an offline wholesaler, you can have an online B2B eCommerce store in a few clicks and customize it however you want,” said Cameron Priest, CEO of TradeGecko. “This means your B2B customers get private, branded access to your inventory and can place orders anytime at whatever cost you set for them.”
Estimated to hit $780 billion this year, U.S. business-to-business eCommerce sales are projected to reach $1.1 trillion by 2020, more than doubling the size of its B2C eCommerce counterpart. Not only is online B2B getting bigger, it’s also growing in market share and is forecasted to represent 12.1% of the total B2B market by 2020, up from 8.5% in 2014. Further enabling its customers to tap into this massive digital trend, TradeGecko’s latest update to its B2B eCommerce platform empowers wholesalers, and B2C retailers breaking into wholesale, by streamlining online commerce operations in just a few clicks.