B2B
Business-to-business
Example
I need the summary of our B2B transactions from Q1
B2B definition by Slang.net
This page explains what the acronym "B2B" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.
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In the worlds of commerce and finance, B2B stands for business-to-business. This acronym describes situations in which businesses conduct transactions with each other.
Some businesses specialize in providing goods or services to other businesses. For example, Salesforce provides customer relationship management (CRM) software to other businesses. These businesses may describe themselves as B2B firms, because they sell only to other businesses.
In contrast, B2C (business-to-consumer) firms sell products directly to consumers. Many businesses are both B2B and B2C firms. For example, McDonald's buys raw ingredients from other businesses and sells "food" to consumers.