B2Bs,Churn,Out,Big,Money,Nowad business, insurance B2Bs Churn Out Big Money
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Nowadaysone tends to hear a lot of news related to Business to Business (B2B) portals.Yet many traders are totally clueless about the features and advantages ofthese portals. B2Bs are termed as international trading tools with a databaseof international traders and international service providers in varied sectors.Leading portals have segregated each department by status, sector andsub-sector to enable the user to fulfill the respective need with no delay. Someportals even provide information about trade shows happening around the globewith a region-wise search. At a glance, B2Bs seem to be just a directory whereone can search for traders with related products and/or services. But theseportals are much more than that because they allow a trader to interact withtraders and experts with the available tools. Leaders inthis field have evolved to an extent that they even provide the user to getupdated with the breaking news from the business world. Some of these news andanalysis enable the trader about the recent developments in one's tradingregion. Besides, the leading portals have a platform to exchange one'sexperience and concerns in the section called the Forum. A beginner to a B2Bportal is predisposed to search for the products and/or services of one'sinterest. Surveys clearly show that, apart from interacting for trade; theusers often engage in the day to day activities of B2Bs including the Forum andTrade News. Surprisingly, some of their business moves are clearly based on theinputs they have gained through these sessions. Everyonestarts a business with an intention of making money or in other words profit.Interestingly, for a new entrant to business; that is something one gets in theend, if there is any. Keeping those constants intact, one can assume that everyuser of B2Bs visit these portals with an intention of making money. An Importerutilize B2Bs to get products and/or services which either unique or are ingreat demand to one's domestic market. Whereas an Exporter showcases one'sproducts and/or services to get higher margins or to expand one's market.Transporters cash in on by providing logistic solution and InternationalService Providers act as subsidiaries to the intangible needs. Putting thebasic interest of making profit into perspective one can strongly say thattoday B2Bs have emerged as the fastest and cheapest mode to increase one'sbusiness. Even though the concept of B2B was to attract and encourage tradersof small and medium size, the opportunities created by these portals havetempted big businesses too to evince interest in these services. Thetestimonials from the successful members of the leading portals have sparkedoff mushrooming of several nondescript B2Bs. Althoughthere is no data to show the amount of business done through B2Bs, thetestimonials stand witness to the big buck deals going on through thesechannels. B2Bs have finally come of age to prove that the future ofinternational trade is going to be in the lap of these portals. With just adecade old history in the e-commerce space, B2Bs can proudly claim that theywere able to convert many small businesses into large ones in a short period oftime.
B2Bs,Churn,Out,Big,Money,Nowad