Top 10 B2B eCommerce Platforms For MSMEs in 2023

B2B eCommerce Platforms

In today’s online world, traditional sales models are dying, and the advent of top B2B eCommerce Platforms For MSMEs has made it easier for businesses, particularly MSMEs, to buy and sell products and services from each other using digital means.

With B2B eCommerce, the Possibilities are Endless. According to market research, the global B2B eCommerce market was valued at $7.08 Trillion in 2022 and is expected to reach a value of $26.59 Trillion by 2030.

global B2B eCommerce market

 

B2B eCommerce is expanding at a breakneck speed and businesses need to select the right platform to be a part of this eCommerce revolution.

The Good and Bad thing when it comes to choosing the best B2B eCommerce Platforms For MSMEs is that you have choices. There are numerous B2B eCommerce platforms available in the market but only a few are worth investing in. Let’s discuss some top-notch B2B eCommerce platforms along with their advantages and disadvantages, providing businesses with a crystal-clear idea of what suits them as per their requirements.

Top 10 Best  B2B eCommerce Platforms For MSMEs to Consider for Your Online Business (2024)

MAGENTO (ADOBE COMMERCE)

Magento b2b ecommerce

Magento is an open-source eCommerce platform written using the PHP language and its source code is distributed under the Open Software License. It is a highly flexible and scalable platform that helps businesses create feature-rich B2B, and B2C, Search Engine Optimized Online Stores.

Adobe’s acquisition of Magento has given it a tremendous boost. With Adobe’s backing and newer versions like Magento 2 and Magento 2.4.6, the future of Magento eCommerce Services for B2B and B2C is bright and promising.

Some famous brands that use the Magento platform for their websites are Ford, Coca-Cola, HP, and more.

Advantages:

  • High Flexibility and limitless Customization
  • Rich Feature List
  • Optimal Scalability
  • A Large Community of Users and Contributors
  • Mobile Friendliness
  • Unrivaled SEO Capabilities
  • Data Regulations & Compliance

Disadvantages:

  • Steep Learning Curve
  • Time-Consuming Projects
  • The Need for Powerful Hosting
  • High Technical Barriers

Many enterprises fail to harness the opportunities offered by Magento due to various factors such as lack of technical expertise, outdated IT infrastructure, budget constraints, fear of failure, and others. To fully leverage Magento’s capabilities, consider hiring Magento 2 developers in India as the best option. They can customize your store, integrate third-party solutions, and ensure a smooth and efficient eCommerce operation.

Read More: An Outstanding Magento eCommerce Store Development Company in India

 SHOPIFY

Shopify b2b ecommerce

Shopify is a popular subscription-based, cloud-based eCommerce website builder that small businesses can use to build online stores or sell products on third-party marketplaces or social media platforms. Additionally, Shopify provides point-of-sale, or POS, software that small businesses can use in their brick-and-mortar stores.

Some famous brands that use Shopify for their eCommerce stores are Goodfair, Tentree, Naja and more.

Advantages:

  • Require No Tech Skills
  • Built-in Payment Processing System
  • Easy to Use
  • Available Customer Support
  • Variety of Themes
  • Apps and Plugins
  • SEO & Marketing
  • Hosting and Security

Disadvantages:

  • Difficulty With Content Marketing
  • Limited Customization
  • No Email Hosting
  • No Access to Marketing Automation

BigCommerce

BigCommerce eCommerce

BigCommerce is an online storefront that offers software as a service (SaaS) to retailers of all sizes and is listed on the NASDAQ. The company’s platform offers services including building online stores, SEO, marketing, hosting, and security for small to enterprise-sized businesses.

Some famous brands that use BigCommerce as an ideal B2B eCommerce Platforms For MSMEs are Sony, Ubisoft Store, Skullcandy and more.

Advantages:

  • Automatic Integration with Multiple Channels
  • 24/7 Customer Support
  • No Transaction Fees
  • Tons of Features
  • Scalability
  • Solid SEO Features
  • Built-in Marketing Features

Disadvantages:

  • Limited Free Themes
  • Advanced Tech knowledge is Required
  • Complexity
  • Steep Learning Curve
  • Can be Expensive

WooCommerce

WooCommerce eCommerce

WooCommerce is an open-source eCommerce plugin for WordPress-based websites. It was launched in 2011 and is designed for small to large-sized online merchants. WooCommerce quickly became popular for its simplicity in installation and customization, and it comes with a beginner-friendly interface; thus, you don’t need to be an expert in IT or coding to get started.

Some famous brands using WooCommerce as their eCommerce solution include ClickBank,  Book Riot, Craftsy, and others.

Advantages:

  • Excellent CMS and Design Options
  • Top-Notch Search Engine Optimized Online Stores
  • No Fee for Core Plugins
  • Limitless Customization
  • Less Expensive Over Time
  • Scalability
  • Affordable Multilingual Support

Disadvantages:

  • Few Integrations
  • More to Manage and Upkeep
  • No Phone-Based Customer Support
  • High Risk of Technical Issues
  • Hosting isn’t included

Amazon

Amazon

Amazon Marketplace is both a B2C and B2B e-commerce platform operated by Amazon that enables third-party sellers to sell products and services directly to consumers and allows B2B sales on Amazon Business (A marketplace to serve the needs of Business Customers). Amazon’s product line includes books, health and beauty personal care products, industrial and scientific supplies, toys and games, and more.

Some top brands using Amazon are Philips, Reebok, Sony and more.

Advantages:

  • Large Customer Base
  • International Reach
  • Ship with Amazon
  • Customer Trust
  • Site Reliability
  • Hassle-Free Setup

Disadvantages:

  • Direct Competition with Amazon Itself
  • No Access to Customers list
  • Branding is hard
  • Customer-Centric Return Policy

PrestaShop

PrestaShop eCommerce

PrestaShop is a freemium, open-source e-commerce platform that is published under the Open Software License (OSL) and provides Multi-Vendor Marketplace Development Solutions to online merchants. It is written in the PHP programming language and is available in 60 different languages.

Some big brands using PrestaShop are Samsung, Vodafone, Decathlon, and more.

Advantages:

  • Easy to Install
  • Budget Friendly
  • User Friendly
  • Easy Customization
  • Demographic Assistance
  • Secure Payments

Disadvantages:

  • Limited Scalability
  • Unprofessional Design
  • No Official Team Support
  • Technical knowledge Necessary
  • Add-ons Quickly Drive-up Costs

OpenCart

OpenCart eCommerce

OpenCart is a free online store management system for online merchants. It is a PHP-based Omnichannel Retail Management Solution that provides support for different languages and currencies. It is freely available under the GNU General Public License, and it comes with free downloads and updates.

Some top brands using OpenCart are Shore Lines, GT Omega, Everbuild and more

Advantages:

  • Supports Multi-stores
  • Provides Reporting Tools
  • Easy to Manage
  • Supports 50+ Payment Gateways
  • Has Dedicated Technical Support

Disadvantages:

  • Complicated Installation
  • Difficult to Import Inventory List
  • Slow Loading Speed
  • Moderate Community
  • Limited Caching and Require Extensions for SEO

Shift4Shop (formerly 3dcart)

Shift4Shop eCommerce

ShiftShop is an easy-to-use e-commerce solution for both B2B and B2C sellers. It is a cloud-based e-commerce solution and comes as a Software as a Service (SaaS) model with monthly subscription fees.

Some top brands using Shift4Shop are Tigerpak, Microframecorp, Electriduct and more.

Advantages:

  • User-friendly Platform
  • No Additional Transaction Fees
  • Built-in Marketing Tools
  • A wide Selection of Payment Gateways
  • Scalability with Enterprise-level Plans

Disadvantages:

  • Limited Free Templates
  • Installing an App is a Must
  • Expensive Fee for Payment Processors

CS-Cart

CS-Cart ecommerce platform

Cs-cart is a cutting-edge, multi-functional B2C or B2B eCommerce platform for creating and running online stores. CS-Cart is really simple to set up and use. The platform can be used without making any particular effort. Businesses from all around the world use CS-Cart to manage their online presence.

Advantages:

  • Intuitive Admin Panel
  • No Programming language is Required for Setup
  • Easy Addition of New Languages
  • Unlimited Category Nesting
  • Frequent Updates

Disadvantages:

  • Steep learning Curve
  • Occasional Technical Issues
  • Limited Customer Support
  • Features Can Slow Down Server 

 NetSuite SuiteCommerce

NetSuite eCommerce

NetSuite enables B2B merchants to engage business buyers with a B2C-like e-commerce experience with functionality designed for the unique requirements of business users, including online quote requests, viewing account balances, and making online invoice payments.

Advantages:

  • Unified E-Commerce Management
  • Real-time Visibility of Data
  • Document Management
  • Scalability

Disadvantages:

  • Extra Cost for Advanced Modules
  • Customization Complexity
  • Steep Learning Curve

Looking For a Magento B2B eCommerce Portal Development Service Provider? Look no Further!

Work with a reputable Magento development company to bring your business ideas to life and take your B2B eCommerce store to new heights. One such Magento eCommerce store development company that is helping businesses tap into Magento’s full potential is Magento India.    

Magento India: Top Magento eCommerce website development company in India

To meet the rising demands of B2B eCommerce businesses, we offer customized B2B Magento eCommerce development services. By fully utilizing this platform, we can give customers access to online stores that excel in user interface and user experiences.

Why Choose Magento India for Your Project?

From Magento eCommerce design to Cost-Effective Multi-Store Development and Magento store migration to wholesale B2B commerce management solutions, our experts have got you covered.

WRAPPING THINGS UP……   

“eCommerce is not an industry; eCommerce is a tactic.” – Tobias Lütke

When it comes to deciding what kind of B2B eCommerce Platforms For MSMEs you should choose, there is no absolute right or wrong answer. Whether you choose Magento, or any other B2B eCommerce Platform, for your store development, make sure your decision aligns with your business objectives and user expectations.

Frequently Asked Questions

  • Does Magento India offer ongoing Magento support and maintenance services?

Yes, we do provide Magento maintenance and support services to fix bugs, security vulnerabilities, and compatibility issues in Magento eCommerce stores to ensure their functionality, safety, and up-to-date state.

  • Can I hire a dedicated Magento 2 developers’ team for my project?  

Yes! You can choose either a single Magento 2 developer or an entire team to work on your project. We offer a variety of options to meet the requirements of your project.

  • What is the cost of building a Magento B2B eCommerce store?

The price of building a B2B eCommerce store depends on its features, complexity and the customization involved. Share your project requirements with us to receive an accurate quote.

Get a free consultation from an expert to learn more about right B2B eCommerce platform.

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