Startup Dictionary
B2B
Definition
Business-to-Business; a model where a business sells products or services to other businesses.
Deep Dive
B2B, or Business-to-Business, describes a commercial model where one business sells products or services directly to another business, rather than to individual consumers. Transactions in the B2B space are typically characterized by higher average order values, longer sales cycles, and more complex decision-making processes involving multiple stakeholders within the client organization. The emphasis in B2B sales is often on delivering measurable return on investment (ROI), efficiency gains, or strategic advantages to the purchasing business.
Examples & Use Cases
- 1Salesforce selling its CRM software platform to other companies to manage their customer relationships
- 2A manufacturing company supplying raw materials and parts to an automobile factory
- 3A digital marketing agency providing SEO and content strategy services to a retail chain
Related Terms
B2CSaaSEnterprise SalesSupply Chain