International,Trade,Gets,Eco-F business, insurance International Trade Gets Eco-Friendly through B2B

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Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-qformat:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin:0in;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:11.0pt;font-family:"Calibri","sans-serif";mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:"Times New Roman";mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Times New Roman";mso-bidi-theme-font:minor-bidi;}Asbusinesses are getting more environmentally conscious, this phenomenon hasfuelled businesses across the world to use Business to Business (B2B) portalsas their international business tool for all their trading needs. However, inthe early 1990's, though the concept was well accepted by the business world,traders were skeptical about the positive results. But today leading B2Bportals have proved beyond doubt the world that the concept is not only fastand cost effective, but also an eco-friendly medium to do international trade.  Toptrade shows still attract many companies to showcase their products andservices, but a majority of small and medium enterprises (SME) have totallyresorted to do the same through B2Bs. And this in fact, has reduced unnecessarymovement of people and commodities to several such shows resulting in loweringcost of marketing as well as energy to every business entity involved.  Besides,instead of traveling to meet a new client to a foreign land, traders found thisnew rendezvous in the form of B2B portal. In business development process,after making initial interactions through emails, they sometimes even confirmtheir business facilities through video-conferencing before inking the deals,and this too is made possible through B2Bs.  Accordingto studies, more than 60% of SME utilize the services of B2Bs directly orindirectly. Though there is a flurry and mushrooming of several B2Bs withclaims of providing complete business solutions, leading B2Bs are still largelysought after in the e-commerce arena.  B2Bsare environmentally appealing mainly because of the non-involvement of any kindglobal warming material being used in the business development process.  .The complete business process except product delivery involves just electronicinteraction and transaction.  .Products or services are presented to the client/clients by redirecting them totheir respective websites from their B2B profile or through the same profileitself depending upon the B2B package their have opted for.   .Avoids physical presence in all stages of business, and in abstract serviceseven delivery is made electronically.  B2Bsgenerated huge revenues as compared to other business models engaged in globaltrade without emitting any harmful green house gases or cutting trees which wasotherwise used extensively in paper-based business processes of the past.  Perhaps serious concern for the deterioratinghealth of the environment due to climate change and other related issues haveprompted businesses to take a paradigm shift to opt for B2Bs.  MostB2Bs expect bringing in such awareness among traders will also help theseportals to grow besides other positive aspects. In addition, these portals hopeenvironmentally conscious traders to market B2B concept to non-users throughword of mouth or other means to adopt it as part of 'save the planet slogan'.Some of the B2Bs provide even international services including transport,go-between and other services, besides the regulars, import and export to puttheir use into good effect.  Apart from the eco-friendly aspects of these portalsthere are other attractive reasons for traders to adopt this model such as,negligible cost involved in marketing operations of any given company,user-friendliness and not to mention the speed in delivering goods. Thoughthere are any scales to measure the amount or number of benefits to theenvironment after the arrival of B2B portals is available, looking into the featuresas well as the time presence, one is made to believe, they have made a hugepositive impact in the eco front. The eco-conscious traders, if they have notstarted utilizing these services, will certainly adopt this business tool as amedium for their global and even for their domestic trading needs very soon.