Retain your B2B Customers with a PunchOut Catalog
If you want
to keep your B2B customers happy, what better way that offering a PunchOut, a
protocol that makes it easier to buy items through procurement system. It
allows you to personalize the shopping experience of customers. Every vendor
provides his own features to make it easier for customers to shop through PunchOut catalog.
For instance,
quite a few PunchOut vendors offer the ‘Add to Favorites’ feature that allows a
customer to create a collection of products that he frequently buys. ‘Bulk
Order Pad’ another feature allows users to quickly add large number of products
in the cart. There are many other functionalities within this protocol that help
to provide a more user-friendly buying experience for the shoppers.
Buying
through PunchOut catalog solution is fast and convenient as the protocol
directly connects the buyer’s procurement system with the supplier’s site. Also,
all products that are accessed through this protocol are all under contract. This
means the customer will never buy products that violate purchasing policies.
The contract catalog is tailored as per the customer requirements.
In order to
prevent shopping cart abandonment and improve conversion rate, it is important
to have a simple checkout process. With this protocol, your customers can
checkout with ease, just a single click takes them back to their procurement. Moreover,
customers can access the vendor’s site from their system with a single click.
All this helps in accelerating their procurement process. Moreover, the connection
is such that the customer is also able to view detailed product information
along with pricing and availability information in real time.
On the whole,
whether your B2B customers are using Ariba or JD Edwards procurement system, a
PunchOut solution can certainly help to ease the purchasing process. JD Edwards PunchOut can
certainly help to improve customer engagement and loyalty, which in turn can
drive business growth.
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