B2B eCommerce platforms are growing exponentially and estimated to continue the momentum years after years. Accordingly to the Forbes, the B2B ecommerce is estimated to be 2X bigger than the B2C industry in 2020. The industry is expected to be the largest growing area from 2020 to 2025.
This has created a golden opportunity for entrepreneurs and therefore they’re eying to reap this business opportunity by launching their own B2B marketplace. If you’re one of them, hold a moment and check out these top B2B ecommerce companies. I’m sure that these B2B E-commerce websites will inspire as well as guide you to launch and successfully run your B2B eCommerce business.
But before we proceed, knowing exactly about B2B ecommerce is essential.
A B2B or Business to Business company is one that is involved in business transactions with other business entities. Simply put, when a business transaction takes place between two business entities, then both of the entities involved in the transaction are known as B2B companies. Such business transactions do not take place individually but the entire team of decision-makers, composed of stake owners, share-holders, etc, are involved because all of them are affected by the decision that would be eventually made. And an online platform that provides businesses with the same purpose is called a B2B eCommerce platform.
The entities of this article are based on an online survey, based on user reviews, rating and performance.
Top 10 B2B eCommerce Companies of 2020
Founded by Jack Ma and Peng Lei in 1999, Alibaba has stormed the B2B marketplace. This Chinese company stands in the first position of my top 10 B2B ecommerce companies. Exceeding the online sales profit of other ecommerce platforms — Amazon, Walmart and eBay (combined), according to Fortune, Alibaba has become the most admired company.
The ecommerce that initially aspired to be a traditional brick & mortar company, also came out to be a full-fledged B2B, B2C, and C2C platform later. The company’s online selling system is much sorted and its website is worth visiting.
2. PrintShop by Designhill
PrintShop by Designhill is a rapidly growing B2B creative marketplace. Artists and designers can open their online store to showcase their artworks that reach to the art lovers across the globe and can make money online. The platform is also an ideal place for those who want to start a custom t-shirt business. After designing t-shirts using its t-shirt maker — a DIY tool, they can either sell them on its platform or from their own physical store.
So if you’re a designer or artist and looking for earn some extra bucks, this is the best platform you can choose. Its website loads quickly that gives users a great shopping experience. You can also access its website on the go via your smartphone.
IndiaMART is also a leading B2B ecommerce that operates actively within and outside India. Founded in 1999 by Dinesh and Brijesh Agrawal the company is pacing up the growth with the global trends.
The company’s website is very light, takes very less time to load and doesn’t lag. The structure of the website supports tablet and mobile environments. Have a look at its website for inspiration.
DHgate stands fourth in the list of top 10 B2B ecommerce companies of 2020. Founded in 2004 by the current CEO Diane Wang, the annual revenue collection of the company is $511.2K.
The DHgate website loading time is very less both on PC and smartphones that makes it a preferred destination for its prospective customers.
Although eWorldTrade is comparatively new to the industry, it has gained tremendous popularity quickly. The company is a subsidiary of Reckon Media LLC — a leading digital media and technological services provider—based in the US and the operational units across the world.
Having most manufacturers from China, this B2B platform has many big & small businesses from the USA, India, Pakistan, and Malaysia.
6. Global Sources
Global Sources is one of the world’s leading B2B media companies that are salient facilitator of international trade with Mainland China.
The company was founded in 1996 and headquartered in Hong Kong.
This platform is an ideal place for one looking for reliable suppliers, exporters and manufacturers.
7. Made In China
Established in 1996, Made-In-China is a leading B2B ecommerce platform that provides business opportunities for both Chinese suppliers as well as global buyers. The platform provides a comprehensive database of plethora of products and suppliers. It also provides trade related information.
8. Global Market
Global Market is yet another popular online M2B (manufacturer-to-business) platform that lets global buyers connect with accredited Chinese manufacturers efficiently, cost-effectively, and timely.
This prestigious marketplace is adept in offering the quality based services in an array of products, ranging from toys to agriculture and textile products.
9. Thomas Net
Thomas Net is perhaps the world’s biggest Industrial B2B marketplace that works as a bridge between industrial buyers and American manufacturers globally via top notch online B2B platform.
Grainger is a B2B ecommerce platform that focuses primarily on making the website user-friendly so that customers can easily work with a seller. The marketplace is a big name in supplying industrial materials.
Some salient features of this website are:
- No need to log in, you use as a guest as well
- Easy ordering
- The extended search filtering options
- A well-designed mobile app
The bottom line
These are some of the top B2B ecommerce companies that I found worth mentioning. Choose one as per your business type and the requirement that you’re looking for.