B2b Marketplace

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What does B2B signify?

B2B is the term used for Business to Business transactions between manufacturers, wholesalers and retailers. This term is used for both products and services.

What is a B2B marketplace?

It is a business to business trade portal that allows manufacturers, wholesalers and distributors to promote their products and services to new international markets. Very useful resources, guides and tips are sometimes available as well.

These online portals allow companies to display what they have to sell by posting selling leads or offers. They can also to give some information about their company. Basically, a B2B marketplace facilitates the interactions and communication between buyers and sellers contributing to the dynamic and efficient trade between countries.

Types of B2B marketplaces

You will have more global (targeting world trade in general) and regional marketplaces (by country or by region such as Asia, Europe, USA, Canada, Latin America and the Caribbean).

Global B2Bmarketplaces

The Asians are clearly the leader in this area with websites such as Alibaba.com and Tradekey.com. They started by targeting Chinese companies and have expanded to worldwide trade. They are important players as China is growing their importance on the international scene by becoming a world superpower. No matter where you live, you will always find an abundant supply of Chinese products.

Latin American and Caribbean B2B marketplaces

Marketplaces are starting to play an important in developing regions as the internet connection is increasing at a rapid pace and companies are relying more on marketplaces to promote themselves. The leader in this region is a fairly new site that launched back in 2009 called www.mercatrade.com. They have targeted a region that represents 42 countries and a population of 600 million. What is great about this site is that you see features that are not necessarily seen in other marketplaces such as being able to search green, organic and fair trade products. You also have a dedicated search engine for tax free zones which are important trading platforms in the region.


About the Author:
To start doing business with Latin America and the Caribbean, B2B marketplace. To find valuable resources and tips, Resources Latin America



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