Wholesale trade, also called business-to-business or B2B trade is rarely discussed because it doesn’t involve direct interactions with end users. Because of this, wholesale businesses are often forgotten. But the fact is that these stores are the most important part of the retail sector. In this arrangement, two companies (usually a retailer and a wholesaler) do business with each other directly, without the help of a third party. In the same way that business-to-consumer (B2C) online shopping has grown in recent years, so has ecommerce for wholesale distribution. In 2019, the market value of business-to-business sales was estimated to be $12.2 trillion, six times that of consumer sales.
Business-to-business (B2B) websites are getting more requests for business-to-consumer (B2C) features because e-commerce has grown so much in the past few years. That means the buying and shipping process is easy.
In this wholesale market in China, there are a lot of different kinds of businesses. It has a wide range of items in stock, and users can sign up for free and compare prices from different sellers to find the best deal. The platform puts the experience of its users first by letting them set it up easily, pay in different ways, and use more than one language. It also gives guarantees for trade and logistics. There will be service charges of up to $100.
Amazon Business only works for business-to-business (B2B) deals between wholesalers and retailers. To get the best price and selection, it’s easy to sign up for free and start comparing offers from different sellers. You can use several ways to pay, such as multiple user accounts. With Amazon’s fulfillment services and Prime membership, you can get your items faster and choose from a handpicked selection. A seller account on Amazon costs US$39.99 per month, and there are transaction and fulfillment fees.
X Cart is another top-notch eCommerce platform with more than one vendor for wholesale transactions. Also, X Cart says it will be 66% less expensive than other solutions. It’s also easy to use because you don’t have to write code to connect your ERP, CRM, and POS systems. It also works with many languages and lets you manage content across all channels.
From this hub, you can get both business-to-business and business-to-consumer services. It focuses on the Indian market and has more than 3 million sellers. It is widely thought to be the best eCommerce platform for wholesale sales in the area.
Made in China
Another successful wholesale distribution network that started in China is Made in China. It is especially well-known in the field of electronics. China and Taiwan are both important parts of this market.
This Hong Kong-based online store is both a veteran of the business and a rising star. A good business-to-business sales strategy makes it easier for wholesalers and retailers to work together productively.
DHGate is another Chinese online market-based in Beijing and has offices in the United States, the United Arab Emirates, India, and the Philippines. This distribution hub helps large retailers and small and medium-sized businesses (SMEs) because it connects over 1.2 million Chinese suppliers with customers in over 200 countries.
This platform is managed from Karachi, Pakistan, even though its headquarters are in Dallas. It was built as part of the China–Pakistan Economic Corridor (CPEC) project. This project aims to make it easier for China and Pakistan to do business with each other. This platform has the fastest expansion rate in the area.
TradeKey is one of the top wholesale platforms in Asia, and it focuses on nations like China, Pakistan, Bangladesh, India, Taiwan, and Malaysia. You can look for goods and services or get prices on anything.
In particular, this system lets small and medium-sized enterprises (SMEs) do wholesale distribution. There is a strong emphasis on the customer experience on this platform. Users can post ads with details about their needs and get bids from vendors. It is used by many small and medium-sized businesses in the food industry, including processors, bakeries, and eating establishments.