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Magento Closes Record Second Quarter, Adding Over 50 New Customers to Rapidly Expanding B2B PortfolioCAMPBELL, Calif., July 20, 2016 /PRNewswire/ -- Magento Commerce, the worldwide leader in cloud digital commerce, today announced that it has closed a record second quarter, adding over 50 new B2B customers to its expanding portfolio, which includes global organizations like CentiMark Corporation, Peak-Ryzex, Inc. and Carlsbad Manufacturing Corporation. Recognized as the No. 1 platform in the Internet Retailer B2B Commerce 300 Guide, Magento enables B2B merchants to get to market quickly with B2C-like shopping experiences that business buyers desire. "B2B businesses increasingly understand that B2C-like shopping experiences for their customers are foundational to their self-service commerce initiatives," said Mark Lavelle, CEO of Magento. "Magento's success in the B2B commerce market really is driven by this shift." According to Forrester Research, 93 percent of B2B buyers state that they prefer to purchase online with self-serve information and ordering options from their vendors. By 2020, the U.S. B2B eCommerce market will be worth $1 trillion. Magento's ecosystem of B2B-focused partners and developers offers a broad range of off-the-shelf extensions available through the Magento Marketplace so businesses can quickly create customized buying and self-service experiences for their customers. Magento supports key B2B merchant needs including:
Magento's continued growth in B2B commerce comes on the heels of its ranking as a top platform for retailers for the fourth straight year on the 2016 Internet Retailer 1000, and Forrester Research citing Magento as a strong performer in the Forrester Wave B2B Commerce Suites. To learn more and keep informed of updates to the Magento B2B platform, visit magento.com/b2b. About Magento Commerce
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/magento-closes-record-second-quarter-adding-over-50-new-customers-to-rapidly-expanding-b2b-portfolio-300301180.html SOURCE Magento Commerce |