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Grow your Business with Emarketplace - Part III

Increase Company ProductivityAfter years emarketplaces and even
of hard work, finally your business in your own website.Apart from your own
started to pick buyers other prospective customers from
up. You are selling more products then the
ever! You have lined up a emarketplace community are able to view
good number of suppliers and buyers. your products in the
Things have never been better e-catalog, which in turn will bring you
than now. Except one thing! With rising new contacts and sales.Create products
sales your overhead and for sale offers
supply chain expenses are also You should create sales offer of your
sky-rocketing. Your profit margin primary products that you
is no longer the same as it used to be! carry most of the time and post them on
You feel that you are in the emarketplace. Many
a limbo! How to increase productivity? emarketplaces have options to sell
How to cut costs without products with different
giving up sales?Sounds familiar to you? procedures. You can make offer to sell
Well, your company is not alone! access inventories through
According dynamic market, also called auction, you
to IDC, a research firm, while can make hot offers
interviewed, overwhelming majority with time limit, etc.
of the company executives claimed that This is an extra sales channel in the
their biggest concern is beginning, which might grow
declining profit margins.Companies, in into your primary one!Involve your
order to stay competitive, must find buyers and sellers
solutions to If you would like to use an emarketplace
increase efficiency in business most effectively, you
operations and control costs. Is have to get your suppliers and buyers on
there a solution to this ubiquitous board too. Supply chain
problem?Remember Dorothy from the management solution that usually comes
children classic "Wizard of the Oz"? with an emarketplace
She had to go through numerous obstacles allows you to reduce operational costs
in her quest to find a significantly.- Encourage your buyers to
way to get back to Kansas, her home. send request for quote for a product
Only to find out that the through the inbuilt system of the
silver shoes that she was wearing from emarketplace.
the very first day since - Make strict rules within your company
the cyclone brought her to the Land of to send all quotes exclusively through
Oz could have taken her emarketplace.
back home, all she had to do was to - Ask your buyers to send Purchase
knock the heels together Orders to your company via emarketplace.
three times and command the shoes to - Bill all your clients using invoicing
carry her wherever she system of the emarketplace.
wished to go.Similar to this story, - Manage shipping and handling though
solutions to these corporate problems are emarketplaces.
- Convince your suppliers to use the
widely available right under your nose, same emarketplace so that even as a buyer
only you as a company you can get the benefits of a B2B
executive have to overcome the fear of exchange.Complete adoption of an
new technologies and adopt emarketplace will help a company gain
them to your own good.B2B exchanges or numerous benefits. The following figures
emarketplaces are capable of solving many taken from various
key research notes emphasize the importance
problems that corporations are facing of e-marketplace in
today. Emarketplaces can today's business world.- Thanks to
provide immense opportunities to emarketplace, companies can reduce
automate supply chain process, purchase order processing cost from US
increase operational efficiency, reduce $75 to less than US $10.
overhead costs and expand - By automating sales and customer
market at a minimal cost.Using support processes companies can lower
emarketplace effectively overhead costs up to 25 - 30% easily.
Two primary factors of company - Companies also can reduce more than
productivity are Revenue Increase five percent of their maintenance, repair
and Cost Cutting. Both are achievable if and operation by incorporating e-business
a company seriously solutions, which are integral parts of
decides to incorporate emarketplace any emarketplace.
features in all aspects of - Business process automation using B2B
business operations. That means if as a emarketplace helps companies decreasing
company you want to reap of document errors from 20 percent to
all the benefits of emarketplaces, you less than one percent.B2B Emarketplace
have to commit yourself solutions are great opportunitiesThe
seriously.Become a member famous inventor Thomas Edison once told,
Once you find an emarketplace that suits "Opportunity is
your requirement, the missed by most people because it is
first thing what you have to do is to dressed in overalls and
register and become a member.Most looks like work."Company executives are
emarketplaces have different membership by no means afraid of hard work, but
packages. Although, unfortunately many of them have colossal
to check out the emarketplace - whether fear of high
it is viable for your technology and because of this reluctant
business or not - you might start with to explore new
the free membership package, Internet-based technologies to their
but once you are satisfied with your advantage. If you are
selection, to use the one of them, be assured that knowledge
emarketplace to your advantage you required to adopt
should choose the package with emarketplace to your business and manage
most features and functions.Integrate it properly is easy
your products to e-catalog to learn and implement.Nowshade Kabir is
If you are a supplier, this is a very the founder, primary developer and
important step to take. present
Unless you have thousands of products to CEO of A Ph. D. in Information
sell, this should not Technology, he
be a difficult task. All emarketplaces has wide experience in Business
use either a form or Consulting, International
wizard-based, not-so-complex and Trade and Web Marketing. Rusbiz is a
user-friendly product adding Global B2B Emarketplace
tool. Since e-catalogs that with solutions to start and run online
emarketplaces use are industry business.
standard, once you aggregated you You can contact him at
products, same information you mailto:nowshade[at]rusbiz.
will be able to use in other e-catalogs,




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