{"id":11435,"date":"2015-04-08T15:23:03","date_gmt":"2015-04-08T19:23:03","guid":{"rendered":"http:\/\/www.mgb2b.com\/blog\/?p=11435"},"modified":"2016-07-05T10:58:20","modified_gmt":"2016-07-05T14:58:20","slug":"b2b-e-commerce-sales-set-to-explode","status":"publish","type":"post","link":"https:\/\/www.mgb2b.com\/blog\/b2b-e-commerce-sales-set-to-explode\/","title":{"rendered":"B2B E-Commerce Sales set to Explode"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-11439 size-full\" src=\"https:\/\/www.mgb2b.com\/blog\/wp-content\/uploads\/2015\/04\/b2b-e-commerce-sales.gif\" alt=\"U.S. B2B e-commerce sales expected to grow\" width=\"663\" height=\"336\" \/><\/p>\n<h3>According to a recent study from Forrester, <strong>B2B e-commerce sales<\/strong> in the U.S. are expected to hit\u00a0$1.13 trillion in 2020 &#8211; is your B2B website ready?<\/h3>\n<p>The study, entitled &#8220;<a href=\"http:\/\/adage.com\/article\/btob\/b-b-e-commerce-revenue-hit-1-1-trillion-2020\/297905\/\" target=\"_blank\">US B2B eCommerce Forecast: 2015 to 2020<\/a>&#8220;, cites the following\u00a0factors as major contributors to the projected\u00a0growth in B2B e-commerce sales in the United States:<\/p>\n<ol>\n<li><strong>Shift in B2B Buying Habits<\/strong> \u2013 Many\u00a0B2B buyers are now both researching and purchasing online.\u00a0In fact, Forrester is projecting that\u00a0by 2017, \u00a0a majority of those same B2B buyers (56%) will complete at least half of their work-related purchases online.<\/li>\n<li><strong>Cost Savings<\/strong> \u2013 The cost of servicing an online customer vs. a traditional, offline consumer can be significantly less in some cases.<\/li>\n<li><strong>Omnichannel Consumer Development<\/strong> \u2013 Multichannel B2B customers tend to spend more and are also more likely to become repeat customers.<\/li>\n<\/ol>\n<p>Whether you are currently doing business online or are planning to start, B2B\u00a0e-commerce sales will be\u00a0a\u00a0fertile growth area for companies in the coming years. While the initial cost outlay can seem daunting, if planned and executed properly, an e-commerce website can prove to be a profitable growth area for B2B companies for many years to come. (Oh, and whatever you do, <a href=\"https:\/\/www.mgb2b.com\/blog\/upgrade-to-mobile-friendly-website-design-april-21\/\">make sure it&#8217;s mobile-friendly<\/a>.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a recent study from Forrester, B2B e-commerce sales in the U.S. are expected to hit\u00a0$1.13 trillion in 2020 &#8211; is your B2B website ready? The study, entitled &#8220;US B2B eCommerce Forecast: 2015 to 2020&#8220;, cites the following\u00a0factors as major contributors to the projected\u00a0growth in B2B e-commerce sales in the United States: Shift in [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[218,220,211,219,217,221],"class_list":["post-11435","post","type-post","status-publish","format-standard","hentry","category-technology-and-mobile","tag-b2b-e-commerce-sales","tag-b2b-website-design","tag-mobile-friendly-web-design","tag-online-sales","tag-responsive-web-design","tag-web-design"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>B2B E-Commerce Sales set to Explode in U.S. by 2020<\/title>\n<meta name=\"description\" content=\"According to a 2014 study, B2B e-commerce 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