Maximise revenue and reduce costs whilst delivering benefits to your members and suppliers
With online sales increasing at a faster rate than ever, it's now essential for companies to have an effective eCommerce presence, however it is an area that has not been embraced by many buying groups due to the unique requirements that exist. The TrueCommerce Marketplace Solution revolutionises supply chain visibility and collaboration for buying groups, delivering a solution that provides benefits to not only the buying group but also its members and suppliers.
Increase revenue with a centralised online ordering platform for your members
Attract new and retain existing members, whilst avoiding lost transactions from members buying direct from suppliers, with a centralised online ordering platform. The TrueCommerce Marketplace Solution makes ordering quick and easy for your members, with access to products from all suppliers in one location and the ability to place one order across multiple suppliers.
Increase average order values (AOV) through a range of features which encourage members to purchase larger quantities less frequently thus reducing administration costs and improving profitability.
Reduce costs with B2B eCommerce self-service functionality
Enable your members to access and conduct all their post sales activities through their online account. Managing account finances, returns, back orders, obtaining copy invoices and live statements are all tasks that can easily be automated online through the TrueCommerce Marketplace Solution for Buying Groups.
The platform also allows your members to instantly view and pay invoices online by credit card, reducing their account balance and allowing them to place new orders without the involvement of your finance team.
With members ordering via your marketplace, you have the order information to conduct invoice matching which is proven to greatly reduce the number of invoice errors and queries received, again freeing up your finance team.
Connect to your back office system
Connect your marketplace to your back office systems to improve efficiencies and remove the need for rekeying, whilst increasing visibility across your business. The TrueCommerce B2B Marketplace Solution for Buying Groups has comprehensive integration capabilities with a powerful framework which allows for rapid integration with business systems including SAP, Sage, Microsoft & Oracle.
Engage your members and help them increase their revenue
With so much competition online, companies need to make the most of the content on their product pages to rank in search engines, boost conversions and return returns. With PIM functionality, the TrueCommerce Marketplace Solution for Buying Groups helps your members by providing rich product information includes descriptions, images, and videos. This rich, accurate product data can then be used to populate your members' systems and eCommerce platforms without you or your suppliers' having to spend time collating and sending out data.
Improve supplier relationships with added value for your suppliers
The benefits of the B2B Marketplace Solution for Buying Groups extend beyond those available to you and your members. There are also benefits to your suppliers.
With members ordering through the marketplace your suppliers will receive orders directly into their back office system via a range of comprehensive integration options. Not only will this increase efficiency due to the removal of manual processes and multiple order streams, it will lead to fewer invoice queries by enabling order matching.
The marketplace provides an endless combination of promotion and marketing options to your suppliers, for example marketing banners, best seller sections, cross-sell and up-sell capabilities. With one of the most sophisticated promotion engines available, the TrueCommerce platform is intuitive and easy to use, providing you and your suppliers with the flexibility to run promotions against pricing, choice of reward items, must buy items, free POS material and more.
The Buying Groups eCommerce platform
Here are some reasons why leading buying groups have chosen TrueCommerce as their Buying Groups eCommerce platform provider:
• All orders can be captured though a single B2B web platform
• All channels to market and supply chain data can be unified on one platform through one connection to one provider
• Our global trading partner network makes it quick and easy to connect to your entire supply chain
• Our buying group eCommerce platform is recognised and trusted by leading buying groups, manufacturers, wholesalers and retailers across the globe