How Do I Use the Indian Marketplaces to Advertise My Business?
Buy, sell and trade in the fast-growing world of B2B commerce. B2B stands for “Business to Business”, and refers to buying and selling between companies. The world is a hotbed of trade, as millions of dollars change hands every day. With many companies wanting to take advantage of this emerging global market, competition is fierce. Buy, sell and trade opportunities can be found through leading online B2B marketplaces in India, such as TradeIndia, Global Trade Plaza, and IndiaMart
A Multimillion-dollar Industry with a Vast Potential
From humble beginnings, b2b trade has grown into a multimillion-dollar industry. Buy, sell and trade opportunities are now available to global buyers and sellers, from anywhere in the world. B2B or “business to business” transactions have become common all over the world. Worldwide communication has made possible the instantaneous exchange of information. Through the internet, business owners and exporters are now able to establish international contacts, conduct online transactions, and advertise products and services.
There are four basic sections that make up the b2b trade and B2B Marketplace for buyers and suppliers. Prerequisites include payment or financing, registration, delivery or shipping, and payment terms. These terms define each section of the site. Payment and financing are found within the prerequisites section. Payment terms allow buyers and sellers to settle payment terms with one another.
Primary Requirements & Benefits that Come Along
Registration is the first step in the b2b trading ecosystem. If you are interested in establishing an account, you will be asked to provide financial information and to select your company’s location. A unique identification number is assigned to each company and makes it easier for the system to verify numbers used by other companies. Once the registration process is complete, you can create your first posting and make any announcements.
Delivery and shipping terms are found in the Shipping and Payment section. Payments are established through electronic transfer, and payments are usually due within one to nine hours. Some B2B Portals in India offer buyers real-time access to payment transactions. For buyers interested in learning more about payment processes, a frequently asked questions listing is usually available on all platforms.
The final section of the Indian trade online B2B marketplace in India contains a variety of topics of interest to buyers and sellers. The Payment Marketplace topic contains a frequently asked question section, which provides answers to frequently asked questions such as “What is a discount window,” “How do I confirm or decline an order,” “How do I cancel a transaction?” and “I found a contact, how do I follow up on that?” Answers to these commonly asked questions are listed near the topic. For buyers, who use European trading exchanges to place their trades, frequently asked questions are a great way to get a quick overview of the process. Other frequently asked questions include: how does the system actually work, what do the terms mean, what are the benefits and drawbacks of using the service, how does the fee work, and how do I find buyers for my listings?
Profile Creation & Buyer Interaction
When you are ready to post a new ad, you will be required to create a profile. A profile is used to provide information about yourself, such as your name, address, contact information, preferred currency pair(s), email address and company logo. It is also a good idea to use keywords, phrases and taglines to help potential customers find your listing. For example, if you sell antique china, you might create a keyword phrase like “antique china” that will help potential customers to find your listing.
The last section, which consists of a query column, is a call for questions, where b2b traders are expected to answer a question that they have been asked. For example, if someone reads the description of a listing and finds something about the seller that is not familiar, they may want to ask the seller whether or not the seller is willing to clarify things.
