That includes goods, services, information, and money. Today, B2B eCommerce surpasses B2C in transaction value and is growing far more rapidly. A B2B Exchange is an electronic environment where buyers and sellers come to transact business. An eMarketplace, by contrast, is a business destination which provides a broad offering of products, services, and content, as well as a venue for business transactions including exchanges, etc. While these terms are often used interchangeably, Transora believes there are some significant distinctions between eMarketplaces and Exchanges.
Exchanges are all about commerce.
They exist to facilitate commerce between partners. Today's business interactions are complex and involve multiple participants, often in different parts of the world. In addition, many activities require information from diverse sources. Exchanges overcome many of these challenges by facilitating and enabling efficient business processes and transactions. Exchanges can be categorized in several ways.