B2B Marketplace And Internet
B2B Marketplace And Internet
B2B Marketplace And Internet
B2B marketplace (Business to business marketplace) a platform where business oriented people like manufacturers, suppliers, exporters, importers, buyers from different industries comes together for their mutual trade interests and perform trading activities. It is a hub for all traders where they can get the people with their similar trade or business profile and get best deals for their requirements. B2B marketplace is the place where one can get the niche market players who are doing their businesses in their segments with trust factor, because these are not merely marketplace, better we can say they are the business community hub and every body is proving themselves in this common platform because they are the places where they come for business and their each and every activity is monitored by others. So here the probability of fraudulent gets minimizes.
Combination of Internet & B2B marketplaces introduces global avenues to local traders and business oriented people. B2B marketplaces on internet or what we can say online B2B marketplaces, gives a revolutionary change to global business. They bring huge business offerings to all in a very economical way. Small and medium enterprises get a great boost up. Now the businessman's who have great potential but not able to cross the country nation boundaries because of any xyz reason now gets the chance to expand its business and cross the boundaries. This again helps the economy of growing nations. Because countries economy very much depends upon the growth of its micro, small and medium enterprises.
In last few years many online B2B marketplaces came into existence which provides good competition and forcing each other to provide better online solutions to their users or members which ultimately helps the users to get best possible services. In china we have Alibaba.com which attracts the buyers and suppliers not only from china but also from all across the globe. We also have other B2B marketplaces from china like made in china and many others. In India, we have IndiaMART.com, which is India's largest B2B marketplace. It is manufacturer's directory which provides free listing to its users and provides business enquiries as per their requirement.
So at the end we can say that the role of B2B marketplaces on internet is incredible which brings unbelievable business opportunities to local small and medium enterprises. Online B2B marketplaces enables small and medium enterprises to post their buy leads and receive respective trade responses from global traders.
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