E-commerce is becoming increasingly popular among Manufacturers

Looking at trends from the established markets, manufacturers are excelling the spend on e-commerce projects. According to the B2B E-commerce report, 79% of all manufacturers indicated that they will spend more on e-commerce than previously. This ads up to a massive 10% increase from the previous period.

Electronic transactions are on the rise in the B2B environment. It has become a vital sales channel for manufacturers, distributors and wholesalers alike. Electronic transactions accounted for over 69% of manufacturers sales, and over 50% for Distributors and Wholesalers in 2018.

Although EDI systems largely account for transactions for manufacturers, all indications show that EDI’s share for electronic transactions will decline as B2B e-commerce becomes more popular due to the intuitiveness and scale-ability that e-commerce provides to companies.

Cassie van Wyk is the main author of this blog and has years of experience in the field of channel marketing and e-commerce respectively. He has a passion for writing and sharing knowledge, and does a lot of research in order to bring factual information to all the blog visitors. Feel free to reach out at any time!

Leave a Reply

Your email address will not be published. Required fields are marked *

x  Powerful Protection for WordPress, from Shield Security
This Site Is Protected By
Shield Security