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Benefits of B2B Marketplace
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Posted On :
Sep-04-2010
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Article Word Count :
507
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Internet has revolutionized the ways businesses used to be. Now people are busy buying and selling each and everything online. Internet provides a very promising ground for manufacturers, suppliers, traders, service providers to expand their business in newer territories.
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Internet has revolutionized the ways businesses used to be. Now people are busy buying and selling each and everything online. Internet provides a very promising ground for manufacturers, suppliers, traders, service providers to expand their business in newer Even buyers and retail shoppers are enjoying the benefits of better price and better quality products from all parts of the world. Having a website certainly gives vendors a good presence in online marketplace but this is not the only thing that can take your business global. You do need to promote your online business through various other online avenues where all buyers and sellers converge. For example there are b2c marketplaces which play a link between businesses and their end-customers, and there are b2b marketplaces which serve as a meeting point to suppliers, manufacturers, sellers and buyers from all parts of the world and provide an opportunity to find new business associates.
Buyers and Sellers both avail very much by registering their businesses with B2B marketplaces. Some obvious benefits that suppliers and sellers can avail from B2B marketplaces are:
Find New Business Partners: B2B marketplaces that allow memberships from all parts of the world provide you with opportunity to find new business associates and partners in other parts of the world. These portals host a lot of useful business information that you use to communicate with the vendors in other countries and fix new deals in mutual benefit.
New Products and New Markets: Sellers and traders who register with B2B market places get opportunity to get new product ideas to sell in their domestic market. Likewise this also provides them with opportunity to introduce their products, that are peculiar to them or their location only, to buyers, sellers and suppliers in other countries.
Low Cost High Profit: This can even be reckoned as the biggest benefit of B2B marketplaces. As they provide an open meeting point to buyers and sellers both, and do not come in between their transactions, they do not have to deal with any mediator and pay brokerage or commission on their deals.
Low Cost Publicity: B2B marketplaces not only introduce you to new buyers and sellers all over the world but also serve as good advertising medium to spread awareness about your products or services world over, that too at much lower cost than what you would need to pay to cover this large audience through conventional advertising mediums.
Market Watch: B2B marketplaces can be used by all big and large businesses equally. This provides a good opportunity to small businesses to keep a close watch on market trends and emerging demands in the market. They can do this by reviewing their competitorsÂ’ products and customers feedbacks published online.
It is a known fact that B2B marketplaces hardly cost anything to the business but serves lasting benefits to grow your businesses manifold. Aspiring business owners must make sure that they register their business with some high PR b2b and b2c portals to claim their share of prospects.
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Article Source :
http://www.articleseen.com/Article_Benefits of B2B Marketplace_31851.aspx
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Author Resource :
Join Global b2b marketplace at www.2828.bz provides a platform to Importer and Exporter to generate Trade leads, B2B directory, Post sell offers and buy offers etc.
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Keywords :
Post Product video, business leads, trade leads, sell offers,
Category :
Business
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Small Business
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