The first and foremost step is to select a suitable platform from the pool of options. In reference to eCommerce platforms, one of the most popular forums is Magento B2B eCommerce. With the availability of tons of extensions and features, the B2B mode of this platform, can welcome businesses of all scales. The rest of this article will highlight key Magento B2B benefits and features. Therefore, whether you are already using the Magento eCommerce platform or you are planning to incorporate the Magento B2B eCommerce solution, read on to know more.
Some Intriguing Features of the Magento B2B eCommerce Solution Platform
The platform comes with a wide range of features that make it perfect for businesses of all sizes. The solution helps businesses of all scales to sell their products online. Let’s take a deep dive into the details of some interesting features of the Magento B2B eCommerce solution.
Advanced Quoting Features
The cost of B2B business is much more personalized. Therefore, customers can easily negotiate with certain sellers by asking for better prices. It is possible only then when there is a purchase of a large volume taking place. Therefore, a quoting system is crucial for streamlining negotiations for price. When Magento developers use the feature of the B2B quoting system, buyers can start their deals at some better prices on the storefront. Once buyers place their request for better prices, it will be auto-directed into a grid at the backend of the store. Once it is updated, the quote management can approve or reject the request.
It is a known fact that B2B businesses always target a variety of buyer segments, such as wholesellers, manufacturers, and distributors. They usually do not purchase any product or service for the purpose of consuming it. In this process, instead of one person, there are multiple people involved in the final decision-making procedure. So, the company account function is crucial for any business to give access to customers with predefined permissions and roles.
Quick Requisition Lists and Order Entry
Magento B2B comes with a feature called requisite lists and quick order. The feature helps in streamlining the ordering process. By using quick order and requisite lists, Magento B2B developers, besides streamlining the ordering process, help customers find their preferred products. The Quick Order function allows users to find and order multiple products by selecting names or entering SKUs manually in the given form. Buyers can further import a CSV file including each of the products’ information. After that, they can add these products to the cart with just one click.
The Magento requisite list lets the customers save more time. They do not have to go through the same process while purchasing from the storefront like the first time they did. They also do not have to look for the products again and add them to the cart. The preferred items of the users will be automatically added to the cart, removing them from the list.
Customized Price Lists and Catalogs for Buyers
Magento B2B helps in customizing prices and catalogs to match customers’ specific needs. You can easily create requisite lists that make it simpler for buyers to reorder the products. The function of the Magento B2B eCommerce platform assists in finding tiered pricing. It allows the customers to opt for the discounts depending on their large volume purchase. To use this feature, you need to streamline all your operations. It will further provide a good buying experience for your customers.
Advanced Shipping Options
Your shipping options in B2B eCommerce should be as adaptive as feasible to your customers. Some clients, for example, may request that things be delivered to multiple locations. Offering a delivery option following a few sections in this scenario will improve the customer’s buying experience.
Inventory Management Features
Inventory management capabilities in Magento B2B are designed to save time and money for businesses by automating the process of keeping track of stock levels. The replenishment rules in Magento B2B allow businesses to automatically refill products when they run low, ensuring that they never run out of stock. Inventory management tools in Magento B2B assist businesses in keeping their operations operating smoothly and efficiently so they can focus on their core business objectives. Businesses that wish to streamline their inventory management process and save time and money would love Magento’s B2B capabilities.
The Final Thought
The Magento B2B eCommerce platform is a strong platform that enables businesses of all sizes to streamline their online sales. The extensions of the Magento B2B solution provide some enriched features needed to manage inventory, customers, shipping, and orders. In addition to this, with the profound assistance of this solution, businesses can save resources and time. Customers have a superior shopping experience with Magento B2B platform features.
- What is Magento eCommerce B2B?
B2B for Adobe Commerce (Business to Business) is designed to suit the demands of sellers (Magento merchants) whose clients are largely businesses—possibly with complicated organisational structures and different users with varying responsibilities and levels of permission.
2. Is Magento good for eCommerce?
Because it is fast, optimised, and user-friendly, Magento is the best multi-channel eCommerce platform. The rivalry is heating up, and internet sales are soaring. You may use CRM for eCommerce to make the most of your Magento store and achieve a competitive advantage by streamlining all of your business procedures.
3. Is Magento like Shopify?
The primary distinction is that Shopify is a hosted platform, whereas Magento is self-hosted. Shopify, for example, is a hosted platform that takes care of all your hosting concerns. All hosting costs are included in your monthly plan, so you don’t have to do anything additional.
4. What is PWA Magento?
The Magento PWA Studio project is a collection of developer tools for building, deploying, and maintaining a PWA storefront on Magento 2.3 and higher. It creates a build system and framework that adheres to the Magento idea of extensibility by utilising contemporary tools and frameworks.