Capterra Glossary
Collaborative product commerce (CPC) describes an e-business strategy that uses new web-based commerce opportunities throughout the product development and product life cycle processes. CPC is often comprised of a collection or suite of web-based software and services. Enterprises and SMBs can collaborate more easily in product design, creation, development, and production by using a CPC suite.
SMBs can benefit from implementing CPC suites if they collaborate with other businesses to profit from the same product. It is an innovative way for B2B co-operation that is entirely web-based and allows stakeholders in all involved businesses to monitor and provide feedback about the product at every step of creation, production and sales process. This technology-based approach to product development and sales allows all parties to collaborate across geographic distances and with security. This saves businesses time and money.