Subscribe to Entrepreneur for $5

Going, Going.

A review of online B2B auction sites selling everything from administrative services to office equipment

This story appears in the October 2000 issue of Entrepreneurs Start-Ups magazine.

B2B e-commerce is big business-and getting bigger. Forrester Research predicts that online b2b trade will be worth $2.7 trillion by 2004, or 17 percent of all b2b transactions in the United States. The new economy is taking advantage of new business models, such as reverse bidding and barter systems, leading to a boom that just keeps getting louder. But by far, the most popular and cost-efficient tool of business owners is the online b2b auction house.

With dozens of business auctions to choose from, covering everything from administrative services and agricultural products to employee training and warehouse storage or office equipment, you and your business can readily turn to the auction block of cut-priced goods and services. Shopping this way can save you precious cash and help keep your business afloat.

Continue reading this article -- and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!

Get 3 months free with code ZENDESK

Presented by zendesk

Get 3 months free with code