Business-to-business cyberexchanges may have fallen below the radar after the former dot-com surge, or on the front page for the wrong reasons (like Enron's energy-trading site), but B2B "is quietly trucking along," with scores of smaller sites replacing the former few massive hubs, according to a report from E-Commerce Times
The smaller sites, says the online cyberbusiness journal, let business trade wares, cut the expense, time, and hassles of dealing with partners and customers – and may mean B2B is still just in relative infancy, hitting a second growth spurt, rather than having gotten old before its time.
"Companies gravitate to online supply purchasing when they see it has real benefits for them," Forrester Research analyst Jim Nail told E-Commerce Times. So how do you build a B2B hub? Say experts to E-Commerce Times: Dream big, start small.
