b-to-b.co.uk

Business-to-business (B2B) commerce refers to transactions and relationships between companies, rather than between a company and consumers. B2B activities include wholesale supply, component manufacturing, professional services, software licensing and contract work. B2B transactions are typically larger in volume and value than consumer sales, often involving longer negotiation periods, credit terms and formal agreements. B2B models form the backbone of supply chains and commercial economies.