B2B Transactions
B2B transactions, or business-to-business transactions, refer to the exchange of goods or services between two businesses rather than between a business and individual consumers. These transactions often involve larger quantities and higher values, as companies typically purchase in bulk to meet their operational needs.
In a B2B context, companies may engage in various activities, such as wholesale purchasing, contract negotiations, and supply chain management. Common examples include a manufacturer buying raw materials from a supplier or a retailer ordering products from a distributor. These transactions are essential for maintaining business operations and fostering economic growth.