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