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Why Manufacturers Should Care About B2B Vertical Marketplaces

E-commerce is no longer a new concept. Consumers have been buying goods online for years, and since the pandemic, online sales have been rising faster than in-store sales. According to the U.S. Department of Commerce, total retail sales saw a 6.9 percent increase in Q4 2020, and e-commerce sales rose 32.1 percent in the same period. Today, e-commerce sales make up about 14 percent of overall retail sales. 

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Make Use of Substitute/Alternative Items

Bay Supply offers a number of top brands, imports and our own brand of BayFast fasteners in order to serve the economic demands of our distributors.  We have invested many resources in cross-analysis of fastener specifications to establish substitute or alternative brands at various price points. When a distributor identifies a desired fastener on our website and visits the item detail page, below the item specifics are a list of Substitute/Alternative brands offered that meet exact or similar specifications of the item sourced.

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