As the term suggests, business-to-business or B2B involves transactions between businesses for purposes such as the sourcing and supplying of materials for production. One such B2B platform is Achilles, a B2B marketplace. With a niche in providing supplier information and supply chain management, Achilles is focused on leveraging cloud-based technology and industry expertise in generating and managing collaborative communities across a global front.
Global business are always looking for a way to connect with a wider range of business and industries to trade, sell or buy a number of items for their business. One way business make these exchanges is through a B2B marketplace. It is a convenient way for many business to interact and do business with one another. Bizbilla has created a site that is not just a B2B marketplace where businesses can find, buy and sell products but is also a community where global businesses can interact, connect and learn from one another.
Business-to-Business (B2B) basically describes the commerce transactions which take place between businesses. B2B usually takes place between wholesalers and retailers, or manufacturers and wholesalers. The number of transactions which take place between businesses are much more than those which take place between businesses and consumers, therefore it is said that the volume of B2B transactions is always higher than B2C transactions.
The world, as they say, is getting smaller. No it’s not actually shrinking but, due to newer, faster ways to communicate it certainly seems that way. What that means for today’s import and export companies is that communication is no longer a barrier to entry into a marketplace, and many have seized the opportunity to do just that.
The problem; finding partners in other countries where you’d like to do business. Sure you can communicate easier but, unless you know who and where they are, starting the conversation and the business partnership is going to be difficult.
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Now I want to present some groups on LinkedIn which could be useful for your international business. If you aren’t registered yet on LinkedIn, you should do it. You can make new contacts and join discussions in these interesting export import groups.This is an excellent opportunity for worldwide business matchmaking. LinkedIn has 131 millions members and more than 1 million groups. The following groups are my favorites on LinkedIn:
I wrote about B2B marketplaces online in Asia and Europe in my previous blog posts.
How it looks in Latin America where over 580 million people living in 20 different countries?
It’s an exciting market that attracts international investors and has an expected growth of 4% in 2011. Looking for business partners in Latin America?
Here are five top B2B marketplaces sites in Latin America:
Mercatrade.com Daily Page views: 10,248, Alexa Rank: 97,588, Page Rank 5, created 2008 and based in Panama.
Business matchmaking online.
It has never been easier to contact new people elsewhere. If you are looking for new business opportunities there are many international marketplaces on the Internet. I sorted marketplaces by number of page views per day. The largest and most famous is Alibaba, with its over 13 million page views per day. #1 Alibaba.com
Daily Page views: 13,513,514, Alexa Rank: 94, Page Rank: 8
Founded 1999, Location China, Hong Kong, USA, United Kingdom #2 Dhgate.com