On Tuesday, e-marketplace eBay announced a major rebrand to its B2B offering, launching eBay Business Supply.
The company said the new offering brings its business & industrial category, SAP Ariba Spot Buy and EBay Wholesale Deals solutions all under the same umbrella.
The product offering on eBay Business Supply includes industrial subcategories under the areas of Construction and Metalworking & Manufacturing.
Construction has subsections that include:
- MRO & Industrial Supply,
- Building Materials & Supplies,
- Light Equipment & Tools,
- Mining Equipment,
- Protective Gear
- and others.
Metalworking & Manufacturing covers products of:
- Metalworking Tooling,
- Process Equipment,
- Metals & Alloys,
- Semiconductor & PCB Equipment,
- Welding
- and more.
Under MRO & Industrial Supplies, eBay's offerings include:
- Adhesives & Sealants
- Cleaning Equipment & Supplies
- Fasteners & Hardware
- HVAC
- Hydraulics & Pneumatics
- Lighting & Lasers
- Material Handling
- Pumps & Plumbing
- Safety & Security
- and others
The e-marketplace also includes products in Healthcare, Office, Lab & Life Science, Restaurant & Catering and Retail.
In a press release Tuesday, eBay cited Forrester research that shows the B2B e-commerce market is projected to grow from $780 billion in 2015 to $1.13 trillion in 2020.
"With eBay Business Supply, we will continue to address this opportunity head on by offering the broadest assortment of inventory, the best value, and a seamless buying and selling experience for all sizes of businesses," the company said in Tuesday's press release.
eBay also noted that it can help companies navigate common B2B e-commerce headaches, highlighting broad selection, ease-of-use, buyer and seller protection and financing.
The announcement comes about 15 months after Amazon.com announced and launched its B2B marketplace, Amazon Business, which absorbed AmazonSupply. In early May, Amazon said that Amazon Business topped $1 billion in sales in its first 12 months and that customer purchases were growing at about 20 percent each month. It added that it sold more than 300,000 business-made purchases on the platform in its first year and that 30,000 different business sold products on it. Third-party sellers were responsible for more than half of all orders.
