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Looking for Export , but how to Export ? Is this the question which hovers the most in the mind of every person looking to venture beyond boundaries of one’s country .Ofcourse, this was also the problem of Mr Nath , the marketing head of a corporate which wanted that they should also start export as their product is of very high standard .Whereas, inferior products than their products have good command in international market.


This made him to see me as to how to go for it .Before that they had no experience of international trade. The over confidence about their product with ignorance about international market was biggest challenge for me to make him understand that it is not always better product which can be exported but a lot matters which if does not exist , then transaction cannot be completed.


Anyhow, the gentleman agreed to give up the thought that only quality matters but various factors dominate an international business.


The factors which need to be understood for international business are :


a) Piloting with proper product – Even if one is manufacturing various products say three products and have very good market share in all of the three products , then too , the proper product has to be identified .


Here, one will say that ok , the theory is fine , but how to conclude that it is a proper product , then the answer has to be found by the person dealing in the products as he is the best judge in that case .Because, such person can only understand the minor aspects of any change if demanded or compelled in international market


b) Finding Proper Market - Every market has only one golden rule which is demand and supply compliment each other. The proper product should also get the most proper market. Since, merely because everything can be bought and sold in a market , any market cannot be said to be proper market.


Say, if ink pen has high demand in Russia and has very good potential , but it is being tried to be sold to USA which has least takers , then such market cannot be said to be proper market for ink pen.


This simple analogy if understood by an exporter at an early date , it can bring wonders for him as success of any international business is dependant upon proper market


The very next question which arises is that how to find out as to which is the best potential market. This question has solution on studying the following :
i) Research on customers behaviour in different countries
ii) Data on demand of a particular products in a particular country
iii) Export import data of the targeted countries
These all will give a strong signal that which country is having best potential for one’s product.


c) Product Specification in potential market- the very next step which comes as most important factor is identifying and matching the specification of demanded products and successfully implying in your potential product before it can be explored for exporting .


The product specification has to be considered in following important terms :
i) Segment usage
ii) Packing
iii) Warranty and after sales service
iv) Pricing
v) Pattern, shape ,size, color etc
On understanding the above factors, a exporter can have confidence to place the product in the potential market.


Hope , lot of unsolved puzzles are solved and many more will be in future as well. In the following sessions , we shall be highlighting about other crucial factors so that the fear of how to and shall I export will permanently vanish from the minds of manufacturers, exporters, trades, suppliers of the world including India.


The author is business editor with www.made-from-india.com, a world class B2b Portal especially meant for promoting business of SME’s .

Before one understand this mystery , three factors are to be known for revealing the mathematics of any market players :


a) Demand and Supply
b) Quality at competitive rate
c) Growth for survival in tough competition


I remember , last Saturday I got a call from a senior president of a MNC , saying that I am looking for new market but cant make as to where shall I go for and especially when the management is insisting for fast set up of new supply chain in new markets but I am afraid with global melt down of economy , since , it has broken the backbone of every company irrespective of country.


I started to deal the situation with certain things which I am just reiterating so that some one can use it as to why new markets are required . New Markets can be set up by adopting any of the ways as is practiced by the global players :


a) Setting up a subsidiary unit
b) Making up channel sales force
c) Making business associates
d) Making assignment based agents
e) Generating continous leads for business deals


People may choose as per their best economy , nature of business and longetivity of business interest. But, the gentleman was sounding over enthusiastic and even said ,…….yes , Mr Becker , I know this all but my problem is still as such and repeated it as well for times .This made me to finally ask him to accompany me over tea which longed to dinner.


In our first sitting , he had a very long brain storming session and he was only interested to know an answer to why ? instead of knowing how to do it so , let us name it “Why Session” Why Session New Market means more business and new business as well. In other words means more profit and revenue irrespective of its sustainability .


Again the same question cropped as to why new market , ofcourse ! for this I am paid for and companies make business out of such advises.
a) What is the meaning of new market ?
b) How to explore new market ?
c) Which market will be the best new market ?


All the aforesaid questions have simple answer as discussed below. It can be understood by simple formula of demand and supply. Where there is demand which is sustainable and with better prospects will be considered as new market . The new market can be within the territory of one’s country or may even cross the barrier of international market. If demand is more in a new market , then it is always advisable for exploring a new market . The market can be explored with better pricing with best quality , since the golden rule is quality should always command the pricing factor and pricing factor always follow quality factor . Since, both are incomplete without each other and compliment vice versa.


As already said , the new market could be explored with new subsidiary , joint venture, partnerships, business associates, deployment of work force or even without substantial investment by way of continous generation of business leads , may be a B2b platform or b2b portal can get business leads for you like www.made-from-india.com ,which I recently saw and seems to be a promising one for global traders and exporters.


Exploring new markets can be even by way of launching your product in unexplored areas of one’s country and even exporting the product to a particular country where best demand is there . The result will be more demand will always give better pricing factor. Ofcourse, such markets will be the best market to be explored since business is done for profit and the market which can give more profit will always be the best market whether it is new and unknown as well. Say , a ball pen has the best quality over the existing ball pens in its segment and usage, but unless not being sold in better market will always get less revenue over inferior ball pens which are in best market where the demand is more for ball pens and for quality .


After listening such simple things , the gentleman said , Mr Becker even I knew this but you made me understand the simple analogy and now I am sure to give some promising result to my management. We shall be discussing other aspects of other sessions in due course of time , meanwhile , simply understand the fact that business is for profit and it is always dominated by demand and supply .


The author is business editor with www.made-from-india.com

CEVA Logistics (Thailand) Co is now handling all automotive logistics for Tri Petch Isuzu Sales Co under a new three-year outsourcing contract.

Tri Petch is responsible for the sales and distribution of Isuzu pickup trucks and heavy-duty trucks via a network of more than 300 dealers. CEVA will use its carrier fleet and IT systems to manage the distribution of Isuzu vehicles throughout the country.

"Since we are not professionals in logistics and it is not our core business, we decided to select a specialist global logistics company to handle our logistics operations," said Panadda Chennavasin, vice-president of Tri Petch.

As well, Tri Petch wants its supply chain to operate to global best-practice levels and to significantly improve sales operations to support the dealer network.

"We hope our operating costs will improve from efficient logistics performance, which will be assessed once a year," she said.

CEVA will manage Tri Petch's vehicle supply chain from Isuzu's plants through to final delivery to dealers. This includes transport of vehicles from plants in Samut Prakan and Chachoengsao to two motor pools, where vehicles are inspected, accessories installed and the vehicles made ready for final delivery to dealers.

A CEVA executive said the company recently began an operational process improvement and re-engineering programme to increase the quality of logistics operations to world-class standards.

The programme involve the establishment of a shared-user vehicle logistics network to be used by other automotive manufacturing and sales companies. This will improve overall efficiency of the supply chain and provide a highly cost-effective operation for Tri Petch and for CEVA's new customers.

CEVA will use more than 100 car carriers for transport, along with a management and operational team of more than 400 staff.

"This is one of the largest automotive logistics contracts in the Thai market," said Winfried Kiesbueye, CEVA's managing director. "Our key aim is to improve the efficiency of Tri Petch's vehicle handling operation by implementing CEVA's best-practice lean processes and increasing overall control."

Source-bangkokpost.com

MinuteMachine.com, one of the leading Internet marketplaces for used construction equipment, has just released it new website www.MinuteTruck.com to enlarge their previous offer.

The international market place for used construction machinery www.MinuteMachine.com, where dealers and final customers can publish second hand equipment for sale, is online since 2006 and had an astonishing pace of development during the last two years. Today the Internet Portal receives about 16.000 visitor’s every day and more than 20.000 used machines are advertised.

Because of this huge enthusiasm and demand, the company will open up their market to the transport and commercial vehicle sector.
The CEO Inga Gerstenberg said "During the last two years we put all our effort in the construction machinery. We achieved in a very short period of time being one of the leading market places worldwide. Now it is time to be concerned with a new strategy to expand our repertoire to other branches of the industry sector."

MinuteMachine and MinuteTruck would like to facilitate companies around the world to establish contacts with potential customers, a B2B concept especially for a niche markets like construction machinery business or transport business.

The company already received an important feedback of the new strategy, because yet there are advertised more than 6.000 used trucks and trailers at MinuteTruck within a few weeks.

MinuteTruck is a market place for used trucks, where dealers and final customers can publish their used trucks and contact with a worldwide audience.
Source-prleap.com

ForeignTRADEX, (http://www.ForeignTradeExchange.com) a US-European industrial trade portal and division of US-based Industrial Leaders Group (ILG), announced today it will provide open RFQs for members and users of its international industrial directories. According to Maria Santos, spokeswoman for the company, the trade leads provided through the site include offers to buy and sell all kinds of industrial tools, parts, machining services and other manufacturing solutions.

Santos said the RFQ's are mostly from engineers, manufacturing managers, technical professionals and other industrial buyers primarily based in but not limited to the United States, United Kingdom, Australia, Switzerland, Spain, Belgium, Austria, Germany, France, Finland, Italy, Ireland, Netherlands, Portugal, Russia and other countries in Europe. Qualified U.S., European and Australian buyers registered on the site are able to submit RFQ's at no charge to multiple manufacturers and suppliers capable of meeting their requirements.

Suppliers of industrial products and contract manufacturing services can include their company on ForeignTRADEX at http://www.WorldwideIndustrialMarketplace.com/freelisting.html and qualify to receive instant RFQ's from buyers that contact them directly through the site. According to Santos, manufacturers can also sign up to access additional RFQ's provided by on-line partners of ForeignTRADEX serving the American and European industrial marketplaces.

The types of open RFQ's from buyers available through the site directly and indirectly, include offers to buy a broad variety of industrial products and manufacturing services such as cold forming, electronics, woodworking, textiles, fluid & gas flow control, hardware & fasteners, mechanical power transmission, molding, machining, grinding, tubing, extrusions, wire forming, casting, assembly, raw materials, metalworking, stamping, forging, die making and allied products and services.

"ForeignTRADEX offers a wide range of opportunities for qualified buyers and suppliers in the manufacturing community to connect, network and develop mutually fruitful trading partnerships with one another," says Santos. She added, "Manufacturers, engineers, plant maintenance mechanics, production managers, buying agents and other industrial suppliers and sourcing professionals all over the globe are welcome to participate."
Source-pr.com

Businesses familiar with the benefits of recycling (http://www.ecointernational.com/) can glean even more from ECO International, LLC's acquisition of inventory (http://auctiondrop.com/) retailer AuctionDrop™, effective June 16th 2008.

The acquisition allows AuctionDrop™ -- a leading online retailer for the liquidation of wholesale surplus and salvage inventory (http://auctiondrop.com/) and assets -- to grow and efficiently serve its customers with the necessary resources and technology. Customers receive the benefit of enhanced services, including expanded geographic coverage and additional services, including end-of-life recycling, to both the retailers and manufacturers.

ECO International, LLC, a world-wide electronics asset recovery and recycling company, will also be able to provide its clients who already recognize the benefit of recycling (http://www.ecointernational.com/) with even more innovative and expanded approaches for the disposition of e-Waste.

AuctionDrop™ is a leading online retailer for the liquidation of wholesale surplus and salvage inventory and assets. The Company's business-to-consumer model sources wholesale, surplus and excess inventory from big box national retailers, high-end luxury retailers and manufacturers selling merchandise through its own website portal (auctiondrop.com) as well as other online channels such as eBay. Operations include all aspects of the reverse supply chain from supplier pickup-up, merchandise auction listing, packing and shipping to tracking, and collections while providing superior customer service.

The AuctionDrop™ value proposition provides simplicity, consistency, and reliability for manufacturers and retailers to maximize yields on the disposition of excess inventories, customer returns, and damaged overstock goods. This is achieved by reducing the internal costs for the manufacturer or retailer while yielding the maximum value of the product by selling it directly to consumers and increasing the benefits of recycling.

Market performance: AuctionDrop™ consistently ranks among the top EBay sellers based on volume sold while maintaining a remarkable 98.2% positive buyer "feedback" rating for cumulative transactions to-date. Awards received; Є Always on Top 100 Є Silicon Valley Business Journal Fast 50 (Ranked #3) Є Deloitte & Touchй Technology Fast Rising Stars (Ranked #12).

Auction Drop was advised on this transaction by America's Growth Capital.

About ECO International: ECO services various electronics recycling market segments from local municipalities and state recycling programs to original equipment manufactures (OEM's), Business to Business (B2B), Business to Retailer (B2R) and direct to consumer (B2C) programs helping increase electronics asset utilization and assure recycling regulatory compliance during technology life cycles. ECO is a privately held company with sister companies serving high technology electronic manufacturing, research and development, international electronic component distribution, with annual revenues in excess of $700 million.

Corporate vision includes investing in new technology, organic growth, strategic acquisitions, and third party partnerships to achieve our goals and objectives as a market leader.

Source-ecointernational.com

Summit Business Media today
announced that Andrew L. Goodenough has been named President and CEO.  The CEO title
was previously held by William F. Reilly.  Reilly, one of the most successful
investors in B2B media, will continue to serve as Chairman, in a non-executive
capacity, and remains a major investor in Summit.  Goodenough, 52, was named
President of Summit in September 2007.

"Going into the formation of Summit in November 2006, my plan was to drive
the initial growth of the business for several years as CEO, and then step
back to the Chairman role," Reilly said.  "I am delighted to be able to report
that Summit, in less than two years, is off to a great start and has taken its
place as a major B2B media company with more than 26 magazine titles, 150
reference books and electronic products and 100 live events.  We've built a
best-in-class management team led by Andy Goodenough, and I'm pleased to be
able to step back to that Chairman role sooner than expected and turn over the
day-to-day executive reins to Andy and his team."

"We are very pleased with Summit's success to date and Andy's role in
leading us to this point," said Jim TenBroek, Managing Director at Wind Point
Partners, Summit's largest investor.  "We also have the utmost respect for
Bill Reilly as a gifted manager and trusted friend in initiating this
transition.  We look forward to continue working with him as Chairman and
investor.  Moving forward, Andy Goodenough and his strong management team are
well positioned to take advantage of opportunities as they continue to
implement Summit's growth strategy."

Summit Business Media was formed in November 2006 through Wind Point
Partners' acquisition of Highline Media and Pfingsten Publishing in
partnership with Reilly and management of Highline Media.

Goodenough has been a senior B2B executive and entrepreneur for more than
30 years.  He was President of USB Corporation and Publisher of U.S. Banker
before its sale to Thomson Media in 1993, and then served as the President of
Thomson's Banking Publishing/Conferences Group.  The group published and
hosted more than 80 products and events including American Banker, U.S.
Banker, Bank Technology News, National Mortgage News, Credit Union Journal and
many others.  Goodenough later created the business plan for a new financial
services information company in 2002, secured equity funding from Spire
Capital in January 2003 and in October of that year, launched Highline Media
and acquired The National Underwriter Company, now a core asset in Summit's
operations.  Highline Media was acquired as part of the formation of Summit in
November 2006.

Goodenough is a graduate of Middlebury College in Vermont and holds an MBA
degree in finance and marketing from New York University.

About Summit Business Media

Summit Business Media was formed through Wind Point Partners' acquisition
of Highline Media and Pfingsten Publishing in November 2006.  The leading B2B
media and information company for the insurance, investment and professional
services markets, Summit publishes the insurance titles National Underwriter
Property/Casualty and Life/Health weeklies, Life Insurance Selling, Agent
Sales Journal, American Agent & Broker, Claims, Tech Decisions and Florida
Underwriter, and financial titles Wealth Manager, Research, Futures and
Mortgage Originator. In July 2007 the Company acquired Wicks Business
Information, and added Investment Advisor, Credit Union Times, Inside Counsel
and Treasury & Risk magazines, continuing to expand its footprint in the
financial industry as well as adding the legal and accounting markets, as part
of its growth into the professional services marketplace.  In July 2008, the
company acquired WiesnerMedia's Financial Group of B2B media and marketing
services, including Senior Market Advisor, Boomer Market Advisor, Benefits
Selling and Bank Advisor magazines, as well as ProducersWEB.com and the
Advisors Data Source.  In the Reference arena, the company publishes TaxFacts
and Fire, Casualty and Surety Bulletins, and, through its Highline Data unit,
financial and market information on insurers, agents and company benefit
plans.  Summit also sponsors the international Investment Conferences on
global mining investment, a dozen conference events affiliated with its
magazine brands, and via its Executive Enterprises unit, nearly 100
professional education seminars annually.

Summit is also one of the leading organizers of consumer art expositions
and providers of business-to-business information to the art market.
Source-earthtimes.org

Businesses familiar with the benefits of recycling can glean even more from ECO International, LLC's acquisition of inventory retailer AuctionDrop(TM), effective June 16th 2008.

Wescorp Energy (OTCBB: WSCE) Closed at $0.41. Today announced that Total Fluid Solutions Inc. (TFS), its wholly-owned subsidiary, has signed a master lease agreement with an oil and gas company with operations in Texas, Kansas and Wyoming, to use TFS's safe, effective and economical process for cleaning and separating oil from produced water. Under the terms of the contract, Wescorp Energy will construct, deploy and operate up to 256 water remediation units and provide trained technicians qualified to operate and service the equipment.

The lease rates for this contract will provide Wescorp with a full return of capital expenses and each unit will provide positive cash flow in less than 12 months. Under the terms of this contract, there are 5 standard through-put or volume capacity designs for the water remediation units being 200, 500, 1,000, 2,000 and 5,000 barrels per day (BBLS/day). The daily lease rate is determined by the through-put capacity of each particular unit, with rates ranging from $900 to $2500 per day.

"This order for up to 256 of our patented water remediation units is monumental for Wescorp," commented Mark Norris, Chairman of Wescorp Energy and former Minister of Economic Development in the Alberta Provincial Government on the completing of the lease contract. "The anticipated reoccurring revenue from these units is expected to allow the company to grow by quantum leaps.

This technology has been designed and constructed to operate in oil and gas fields for the life of the producing wells - often as long as 15 or 20 years. We believe that this large initial order, primarily based on results from our 2,000 barrel-per-day commercial test unit, will lead to strong product acceptance by the industry. By reducing the amount of hydrocarbon in the produced water, this technology reduces environmental liabilities, the frequency of service and repairs on disposal and injection wells, and recovers additional hydrocarbons. Environmentally conscious companies are winning by reducing operation costs and increasing operating margins."

What They Do: Wescorp Energy is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.

What They Do: Wescorp Energy is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.

How They Trade: WSCE has a 52 week high of $0.51 and a 52 week low of $0.33. Volume averages approximately 146K shares a day.

Eden Energy (OTCBB: EDNE) Closed at $0.36. Announced yesterday after market close a corporate update on the Company’s exploration and development programs. The Noah Project in Nevada has been a primary focus of the Company since its inception in 2003. Starting with the groundbreaking work of Dr. Alan Chamberlain of Cedar Strat Inc., Eden matured the Noah project into a high quality drillable target. In April of 2007 the Company announced a farmout and joint venture agreement with a large Texas-based private company for the drilling of the Noah project. In April 2008 the Company announced that the Noah well had been plugged and abandoned after reaching a depth of 7,080 feet.

Subsequent to the Noah well drilling and after a careful review of the technical aspects of the Cherry Creek project the Company has decided not to pursue further activities and will not be renewing leases it holds in the project area. Eden Energy has participated in the drilling of two wells at Chinchaga in northwestern Alberta and has an interest in approximately 23,000 acres in the area. Both wells have been plugged and abandoned, however the Company views this area as highly prospective and will continue to monitor industry activity before making a decision of further drilling.

The White River Dome project in the Piceance Basin has become the Company’s primary focus. The White River Dome project combines good commercial returns while providing a large number of low risk development locations. Under its Drilling and Development Agreement, Eden may continue to drill wells and earn acreage in the federal exploratory Ant Hill Unit.

What They Do: Eden Energy Corp. focuses on large scale oil and gas projects with significant resource potential. Its current focus is the development of the White River Dome project in the Piceance Basin, Rio Blanco County, Colorado.

How They Trade: EDNE has a 52 week high of $1.20 and a 52 week low of $0.23. Volume averages approximately 149 shares a day.

Del Global Technologies Corp. (OTCBB: DGTC) Closed at $1.55. Today announced that it has signed an exclusive agreement with New Medical Imaging (NMI) of Taiwan, ROC, to sell and market NMI’s Gemini family of full-field, portable DR flat panels in the Americas. Del Medical will feature the Gemini flat panels at booth #738 at the AHRA 2008 Annual Meeting and Exposition, held July 27-31, 2008.

The Gemini flat panels are easily integrated into Del’s tables, which allows existing customers to upgrade or field retrofit their digital imaging systems. All of the Gemini products feature the latest flat panel technology and are DICOM compatible. Lightweight and portable, these flat panels facilitate multiple applications, while ensuring patient comfort and safety. Sharp, clear images appear on the screen in a matter of seconds resulting in significant workflow benefits.

What They Do: Del Global Technologies Corp. is primarily engaged in the design, manufacture and marketing of high performance diagnostic imaging systems for medical, dental and veterinary applications through the Del Medical Systems Group. Through its U.S. based Del Medical Imaging Corp. and Milan, Italy based Villa Sistemi Medicali S.p.A. subsidiaries the Company offers a broad portfolio of general radiographic, radiographic/fluoroscopic, portable x-ray and digital radiographic systems to the global marketplace.

How They Trade: DGTC has a 52 week high of $3.40 and a 52 week low of $1.15. Volume averages approximately 7K shares a day.

DigitalPost Interactive (OTCBB: DGLP) Closed aqt $0.09. Today announced the launch of Qwik-Edit(SM) -- a new, user-friendly photo-editing solution for its re-brandable digital media-sharing platform. This exciting new feature enables even the most novice Internet users to enhance their favorite family photos in one, easy step -- no downloads or special skills required.

Designed to work within DigitalPost Interactive's easy-to-use digital media-sharing platform, the new photo editor contains Crop, Rotate, Tint, Lighting, Auto-Correct, and Red-Eye features along with unique personalization tools for creating custom photo borders. Beginning today, users of TheFamilyPost.com and private-label versions of this compelling family website service can edit any photo posted on their site without the need for additional programs or third-party applications.

What They Do: DigitalPost Interactive is a SaaS (Software as a Service) and application provider that delivers B2B and B2C digital media-sharing solutions that are both easy to offer and easy to use. The company's visually-stunning, user-friendly Web 2.0 technology gives consumers a single, engaging place online for permanently storing and sharing a lifetime of digital media and memories, connecting with family and friends, and keeping organized in today's digital world.

During a press conference today at the National Business Travel Association (NBTA) International Convention & Exposition, American Express Business Travel announced plans to launch a business-to-business online networking community for the corporate travel industry. A first-of-its-kind resource, BusinessTravelConnexion.com will bring together a consortium of industry decision makers, suppliers, and experts in the industry's most extensive online, community platform. Also announced was NBTA's commitment to become the online community's first industry content partner. American Express Publishing's Executive Travel magazine will also provide content to the site. Designed as a place for members to connect, share and learn, BusinessTravelConnexion.com will draw together the combined expertise and wide variety of perspectives of American Express Business Travel, NBTA, industry publications, suppliers and editorialists. In addition to these affiliations, users will be empowered and encouraged to participate in online discussion boards, editorial reviews, hot topic polls, product development councils and provide feedback on what they want to hear about from the industry. Other features will include a resource center with white papers, surveys and other
research, RSS feed, blogs and benchmarking ability. Membership to the site will be open to the entire business travel community. "The latest online innovation from American Express,
BusinessTravelConnexion.com will grant corporations and individual travel professionals access to the wealth of information and expertise of our organization and members of the broader business travel industry, while asking them to supplement the site's value by contributing from their own experiences," said Lyell Farquharson, Vice President and General Manager,Business Travel Canada, American Express. "With the advent of new technology we're witnessing the business travel industry moving toward online resources and automated services, and our objective with this new, interactive network,is to continue to evolutionize the business travel experience." Kevin Maguire, CCTE, President and CEO, NBTA commented, "As a leading source of business travel industry information, NBTA continually seeks new opportunities to deliver valuable resources to the business travel community. We are pleased to work with American Express Business Travel on BusinessTravelConnexion.com; it's a tremendous opportunity to deliver thought leadership through a new media vehicle to reach an even greater portion of the business travel community."

Farquharson continued, "NBTA's and Executive Travel's content partnerships add tremendous value to the industry intelligence we want showcased on the site. Through their contributions and others who are interested, BusinessTravelConnexion.com will allow companies to leverage the collective intelligence of the industry to become more informed and better equipped to make the most prudent travel management decisions."

"Executive Travel is thrilled to be a part of the BusinessTravelConnexion.com community. Executive Travel's content will provide a unique dimension to the site by offering the perspective of the traveller.

It is beneficial for business travel managers and procurement officers to have insight into the minds of travellers to help define the approach for corporate travel programs. In today's fast-paced and ever-changing environment, there is a need for a place where knowledge can be shared easily and quickly, and we feel BusinessTravelConnexion.com does exactly that," said Janet M. Libert, editor of Executive Travel magazine. As a first step toward a truly collaborative community, American Express Business Travel is accepting suggestions for content and features at www.BusinessTravelConnexion.com or at the Company's booth (No. 2239) on the NBTA Expo floor in Los Angeles. Through each of these venues, individuals may register to offer thoughts and receive updates on the site's progress until its launch, currently planned for this fall.

About American Express Business Travel

American Express Business Travel(www.americanexpress.com/businesstravel),
a division of the American Express Company, is dedicated to helping its clients realize the greatest possible value from their investment in travel through increased cost savings,
outstanding customer service and greater spend control. For small businesses, medium-sized enterprises and multinational corporations, American Express Business Travel provides a combination of industry-leading booking technology, travel management consulting expertise, strategic sourcing and supplier negotiation support, and customer service available online and offline, around the world.

American Express operates one of the world's largest travel agency networks with $26.4 billion in global travel sales in 2007.

American Express Company (www.americanexpress.com) is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travellers Cheques, travel, and business services.

Source-cnw.ca

As businesses are getting more environmentally conscious, this phenomenon has fuelled businesses across the world to use Business to Business (B2B) portals as their international business tool for all their trading needs. However, in the early 1990's, though the concept was well accepted by the business world, traders were skeptical about the positive results. But today leading B2B portals have proved beyond doubt the world that the concept is not only fast and cost effective, but also an eco-friendly medium to do international trade.

Top trade shows still attract many companies to showcase their products and services, but a majority of small and medium enterprises (SME) have totally resorted to do the same through B2Bs. And this in fact, has reduced unnecessary movement of people and commodities to several such shows resulting in lowering cost of marketing as well as energy to every business entity involved.

Besides, instead of traveling to meet a new client to a foreign land, traders found this new rendezvous in the form of B2B portal. In business development process, after making initial interactions through emails, they sometimes even confirm their business facilities through video-conferencing before inking the deals, and this too is made possible through B2Bs.

According to studies, more than 60% of SME utilize the services of B2Bs directly or indirectly. Though there is a flurry and mushrooming of several B2Bs with claims of providing complete business solutions, leading B2Bs are still largely sought after in the e-commerce arena.

B2Bs are environmentally appealing mainly because of the non-involvement of any kind global warming material being used in the business development process.

. The complete business process except product delivery involves just electronic interaction and transaction.

. Products or services are presented to the client/clients by redirecting them to their respective websites from their B2B profile or through the same profile itself depending upon the B2B package their have opted for.

. Avoids physical presence in all stages of business, and in abstract services even delivery is made electronically.

B2Bs generated huge revenues as compared to other business models engaged in global trade without emitting any harmful green house gases or cutting trees which was otherwise used extensively in paper-based business processes of the past. Perhaps serious concern for the deteriorating health of the environment due to climate change and other related issues have prompted businesses to take a paradigm shift to opt for B2Bs.

Most B2Bs expect bringing in such awareness among traders will also help these portals to grow besides other positive aspects. In addition, these portals hope environmentally conscious traders to market B2B concept to non-users through word of mouth or other means to adopt it as part of 'save the planet slogan'. Some of the B2Bs provide even international services including transport, go-between and other services, besides the regulars, import and export to put their use into good effect.

Apart from the eco-friendly aspects of these portals there are other attractive reasons for traders to adopt this model such as, negligible cost involved in marketing operations of any given company, user-friendliness and not to mention the speed in delivering goods. Though there are any scales to measure the amount or number of benefits to the environment after the arrival of B2B portals is available, looking into the features as well as the time presence, one is made to believe, they have made a huge positive impact in the eco front. The eco-conscious traders, if they have not started utilizing these services, will certainly adopt this business tool as a medium for their global and even for their domestic trading needs very soon.

Source-powerhomebiz.com

During a press conference today at the National Business Travel Association (NBTA) International Convention & Exposition, American Express Business Travel announced plans to launch a business-to-business online networking community for the corporate travel industry. A first-of-its-kind resource, BusinessTravelConnexion.com will bring together a consortium of industry decision makers, suppliers, and experts in the industry’s most extensive online, community platform. Also announced was NBTA’s commitment to become the online community’s first industry content partner. American Express Publishing’s Executive Travel magazine will also provide content to the site. Designed as a place for members to connect, share and learn, BusinessTravelConnexion.com will draw together the combined expertise and wide variety of perspectives of American Express Business Travel, NBTA, industry publications, suppliers and editorialists. In addition to these affiliations, users will be empowered and encouraged to participate in online discussion boards, editorial reviews, hot topic polls, product development councils and provide feedback on what they want to hear about from the industry. Other features will include a resource center with white papers, surveys and other research, RSS feed, blogs and benchmarking ability. Membership to the site will be open to the entire business travel community. "The latest online innovation from American Express, BusinessTravelConnexion.com will grant corporations and individual travel professionals access to the wealth of information and expertise of our organization and members of the broader business travel industry, while asking them to supplement the site’s value by contributing from their own experiences,” said Charles Petruccelli, president, American Express Global Travel Services. "With the advent of new technology we’re witnessing the business travel industry moving toward online resources and automated services, and our objective with this new, interactive network, is to continue to revolutionize the business travel experience." Kevin Maguire, CCTE, President and CEO, NBTA commented, "As a leading source of business travel industry information, NBTA continually seeks new opportunities to deliver valuable resources to the business travel community. We are pleased to work with American Express Business Travel on BusinessTravelConnexion.com; it’s a tremendous opportunity to deliver thought leadership through a new media vehicle to reach an even greater portion of the business travel community.” Petruccelli continued, "NBTA’s and Executive Travel’s content partnerships add tremendous value to the industry intelligence we want showcased on the site. Through their contributions and others who are interested, BusinessTravelConnexion.com will allow companies to leverage the collective intelligence of the industry to become more informed and better equipped to make the most prudent travel management decisions.” "Executive Travel is thrilled to be a part of the BusinessTravelConnexion.com community. Executive Travel's content will provide a unique dimension to the site by offering the perspective of the traveler. It is beneficial for business travel managers and procurement officers to have insight into the minds of travelers to help define the approach for corporate travel programs. In today's fast-paced and ever-changing environment, there is a need for a place where knowledge can be shared easily and quickly, and we feel BusinessTravelConnexion.com does exactly that," said Janet M. Libert, editor of Executive Travel magazine. As a first step toward a truly collaborative community, American Express Business Travel is accepting suggestions for content and features at www.BusinessTravelConnexion.com or at the Company’s booth (#2239) on the NBTA Expo floor in Los Angeles. Through each of these venues, individuals may register to offer thoughts and receive updates on the site’s progress until its launch, currently planned for this fall. Industry participants are also invited to become a fan of the BusinessTravelConnexion Facebook page. Updates and additional information are available at http://www.facebook.com/pages/American-Express-Business-Travel- ConneXion/20901582371. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) About American Express Business Travel American Express Business Travel (www.americanexpress.com/businesstravel), a division of the American Express Company, is dedicated to helping its clients realize the greatest possible value from their investment in travel through increased cost savings, outstanding customer service and greater spend control. For small businesses, medium-sized enterprises and multinational corporations, American Express Business Travel provides a combination of industry-leading booking technology, travel management consulting expertise, strategic sourcing and supplier negotiation support, and customer service available online and offline, around the world. American Express operates one of the world's largest travel agency networks with $26.4 billion in global travel sales in 2007. American Express Company (www.americanexpress.com) is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, and business services.

Source-newsticker.welt.de

Revolution Health, the high profile health information company founded by Steve Case, has been through its share of troubles over the last year or so: first it laid off about 60 employees from its Health Networks division eight months ago, and last month it laid off another 50 employees, about 20 percent of its present workforce, reports industry newsletter AISHealth. The company says the latest round of reductions was due to a reorgfollowing its December acquisition of HealthTalk, an online source of chronic-care information and programming, the story says. The company now has about 200 employees.

A not-so-secret-secret: Revolution is exiting out of its B2B services (direct-to-employer Web portal business ), and will only focus on consumer health portal/info, and the company confirmed it...it will continue to sell its portal capabilities through licensing partnerships with distributors such as Medco Health Solutions, the company says.

With this reorg, all of Revolution's acquired businesses will have a single sales force, one content group and one marketing team. The key point is that the company is "yet to show a really cohesive and compelling business strategy," the story mentions.

We have also been hearing some rumblings of the company looking for strategic options...among some of the options we have heard being discussed is outsourcing some or all of the online ad sales to a network like Glam Media or others. Glam has entered into health network sales recently, and has interests in looking at anchor tenants to own in the sector. More when we have more?

Meanwhile, Steve Case spoke at our EconHealth conference earlier this year in March, and the video is embedded below. Click on the "Browse Video List" button to view the two videos in this series.

Source-washingtonpost.com

Taiwan --- Alibaba.com, a major business-to-business (B2B) Web portal, launched its Taiwan Web site yesterday, providing an online marketplace for global trade and other services for importers and exporters. Taiwan's version of alibaba.com will join its Chinese, Japanese and American counterparts.

David Wei, CEO of the company, said alibaba.com already has 40,000 Taiwanese members. He illustrated the resourcefulness of the Web site by stating that after its release, all forms of businesses can be established through alibaba.com.

Wu Shing-han, a representative from UPS Taiwan, commented on how Taiwan businesses will benefit from the services provided by alibaba.com. He noted that the Web site will help maintain the competitiveness of Taiwanese businesses by facilitating greater exchanges between Taiwan and China. He further added that alibaba.com will also connect Taiwan to the rest of the world, thus creating a forum in which Taiwan businesses can expand outside Taiwan. "Rather than flying everywhere, you can just simply go on alibaba.com," Wu exclaimed.

Tsui Jen-fu, an official of alibaba.com, reinforced this sentiment by stating that as alibaba.com's greatest market will be in China, greater emphasis and resources will be placed on the Chinese version, thus allowing Taiwanese businesses to benefit as well.

Steve Kang, sales manager of the Taiwan branch of alibaba.com, stated the Web site has provided a growing online population. "In China, alibaba.com has 24.8 million registered members; outside China, alibaba has 4.9 million registered members around the globe," he said.

"We aim to help Taiwan's small and medium enterprises (SMEs)," Kang emphasized. He explained that while 97.7 percent of Taiwan companies are SMEs, they only contribute to 18 percent of Taiwan's exports. "This shows that there is still much room to grow for these companies," he said.

Manager of CP Group International Co. Ltd., Liu Chih, recommended alibaba.com, saying that since becoming a member of alibaba.com, his company's sales have increased 100 times within two years, from NT$1 million to NT$100 million.

When asked about whether any cultural conflicts would arise between the Chinese and Taiwanese versions of the Web site, Wei responded that rather than conflicts, the creation of the Web sites will lead to greater diversity, which Wei said is beneficial, adding that several of the board members are also Taiwanese.

Source-asiamedia.ucla.edu

In the near future, possibly in 5-10 years, the size of China's economy could exceed the size of the US economy if the robust rate of growth continues. Japan's economy is one of the largest in the world and South-Korea's economy is growing fast and also India's economy. With that being said it is very clear the Asian economies play an important role on the global markets today and that role could become even more important in the near future.

Having access to the best financial information on the Asian financial markets is necessary for any global trader whether he is trading on the foreign exchange market, stock market or on the commodity market.

Financeasia.com is a Web service that provides news and commentary on Asian business deals and the Asian financial market with content categorized by country and topics. RSS feeds are available in various categories.

Sources : www.b2btoday.com

Search engines don't provide us with results updated to the minute, yet, but that day may come sooner than later. We have the news search engines at our disposal, but then a lot more is included.

The Web community is answering this need with clever link lists; RSS search engines, rolling links lists or whatever it is called. The need for specialized desktop feed readers is diminishing since RSS feed reading and management can be done entirely in the Web browsers.

We recently found a very useful new Web site that publish aggregated results from some of the most popular and recognized tech and business blogs. A simple and clear presentation of constantly updated headlines makes it easy to use and accessible for anyone with a browser.

Source : www.b2btoday.com

Five-year agreement brings leading-edge marketplace to
Aliant's subsidiaries and suppliers

Saint John/Montreal, September, 6, 2000 -BCE Emergis and Ariba
today announced they have signed a five-year, multi-million
dollar agreement with Aliant Inc. to provide a fully-managed
business-to-business corporate marketplace and e-procurement
solution. The agreement will extend to all Aliant's subsidiaries
and approximately 400 of their major suppliers across North
America.

Aliant, which includes NBTel, IslandTel, Maritime Telegraph and
Telephone Company (MTT), and NewTel, will be the first large
corporation in Atlantic Canada to benefit from the BCE Emergis
e-procurement solution, a fully-managed Internet-based
marketplace featuring Ariba's (R) B2B Commerce platform.

The integrated solution will create economies of scale and supply
chain efficiencies for Aliant, its subsidiaries and suppliers.
Aliant expects to improve the management of its $800 million
(Cdn) in annual purchases which include indirect and direct
goods.

"This initiative will streamline our procurement process and make
it more cost effective, as spending is directed through the B2B
e-procurement solution," said Perry Jarvis, Director of
Procurement for Aliant. "By giving our employees and suppliers a
common e-commerce environment, we can leverage our appreciable
buying power to create improved economies of scale."

"Through this agreement, we are extending our e-commerce
expertise into Atlantic Canada and to Aliant's large group of
national suppliers," said Christian Trudeau, Executive Vice
President and Chief Operating Officer, BCE Emergis. "Furthermore,
it expands on our existing relationship with the Aliant companies
that already market our services in their existing portfolio of
e-business solutions."

"This agreement with Aliant is further proof of the strength and
success of Ariba's alliance with BCE Emergis," said Kevin Dwyer,
Vice President of Ariba Canada. "Ariba and BCE Emergis are
committed to helping Aliant receive a fast and significant return
on their investment and to improve their overall bottom line,
through B2B eCommerce efficiencies."

The Emergis enabled marketplace, which embeds the Ariba B2B
Commerce Platform, helps companies realize greater economies of
scale and commerce process efficiencies by providing an open
trading environment - via the internet - rich in services such as
payment, business document exchange, order management and
security services. With the Emergis B2B e-Commerce infrastructure
and the Ariba B2B Commerce Platform, Aliant employees can
electronically approve and aggregate corporate purchasing from
each employee's desktop and direct spending to preferred
suppliers, that can also benefit from the rich service
environment of the Emergis enabled marketplace.

The Aliant group of advanced technology companies (TSE:AIT) and
its staff of 10,000 professionals deliver full service,
integrated solutions through its core lines of business: wireline
and wireless telecommunications, information technology, remote
communications services, and internet-based business solutions.
From its base in Canada, Aliant serves North American and
international customers. For more information, visit Aliant at
www.aliant.ca.

Ariba, Inc. is the leading business-to-business (B2B) eCommerce
platform and network services provider. Through the Ariba B2B
Commerce platform - an open, end-to-end infrastructure of
interoperable software solutions and hosted Web-based commerce
services -- the company enables efficient on-line trade,
integration and collaboration between B2B marketplaces, buyers,
suppliers and commerce service providers. The global reach and
best-of-breed functionality of the Ariba B2B Commerce platform
creates Internet-driven economies of scale and process
efficiencies for leading companies around the world. More
information can be found at www.ariba.com.

BCE Emergis delivers network-centric e-commerce services that
significantly improve customer processes through secure B2B
exchanges. Combining e-commerce, e-payment and security services,
BCE Emergis offers clients in the healthcare, financial services,
telecommunications and transportation industries a full suite of
core and vertical-specific services that are the essential
building blocks and infrastructure required for e-commerce. BCE
Emergis is one of the top e-commerce providers in North America
and its shares are included in the TSE 100 Composite Index. For
more information, please refer to www.emergis.com.

This news release contains certain forward-looking statements
that reflect the current views and/or expectations of BCE Emergis
with respect to its performance, business and future events. Such
statements are subject to a number of risks, uncertainties and
assumptions. Actual results and events may vary significantly.

Source  :  bce.ca

Mutually beneficial collaboration is only possible when different players have access to full information, which is never possible with a competitor in a pure, competitive market. Therefore, the obvious question is whether the supplier would attempt to take advantage of the relationship with the buyer.

The answer is "no," because pivotal to this relationship is "full information." The buyer still has access to prices from other suppliers, and it's in the buyer's best interest for the supplier to stay away from a monopolistic approach to pricing. Sustaining a good relationship allows the buyer to prosper from its superior quality and ability to deliver.

Buyers can have any number of such partnerships, with "partners" either in the same competitive space or mutually exclusive in the products and services they provide.

To make such a system work, the buyer's system should be able to rate:

• Product quality.

• Mean Time to Failure of the product.

• Ability to deliver the product on time.

• Ability to maintain competitive price compared with other suppliers of similar scale and size.

This allows buyers to keep suppliers honest, and for suppliers to keep existing business by maintaining a high rating on buyers' systems. And if two or more suppliers in the same space maintain a consistently high "buyer rating," buyers can determine the supplier for a particular product by awarding the contract on a predetermined basis, or in a specific order.

Any supplier failing to maintain the high rating can be either penalized by being skipped over for a contract or being completely removed from the system for a certain time period. Along with the obvious cost benefits, this system includes all the value adds such as superior quality, reliable delivery and competitive pricing.

The timelessness of Nash's theory requires that the underlying system stand the test of time. In the B2B world, both longevity and adaptability of the technology are important. In terms of longevity, the technology should not have to be changed often. From the adaptability perspective, a company needs to interact with different systems. An XML-based solution would be ideal.

When done right the first time, this B2B solution can be implemented in about 90 days or less with just a couple of people -- and B2B's promise of enhancing specialized buying is just around the corner.

Source : houston.bizjournals.com

Business to business, or B2B, e-commerce swept through the business world with huge potential. But the ride continues to be bumpy. In today's economy, many companies are re-evaluating and re-strategizing the scope and scale of their B2B business models.

Online exchanges and reverse auction sites, which were considered to be the keys to success, failed to deliver. Yet there are solutions, especially from the perspective of specialized buying, that can make B2B really pay off.

Buying cheapest doesn't work well

First, the big problems. In reverse auctions, the lowest price wins. These are unfavorable for suppliers that have to whittle away profit margins to win bids. In fact, suppliers are better off not competing on an cost-only basis that eliminates the "value add" they bring to the entire supply chain process.

With no real way to differentiate their products, these exchanges did a huge disservice to the suppliers. Buyers, who looked like the overall winners, were quick to discover that buying from the cheapest supplier actually added more problems. Since the most important part of the supply process is the actual delivery of the product, failure to deliver results in mismanaged expectations and missed deadlines.

But the theory by Nobel laureate John Nash -- made famous in "A Beautiful Mind" -- lets companies interact with each other to maximize both individual payoffs and overall outcome. The problem, though, is that competing suppliers try to undercut each other on price, which weakens suppliers in general since each wants to reach their own best outcome.

Although economists dismiss this sort of behavior as "irrational," it is more the norm than the exception. Suppliers cannot work together on a long-term basis because it is hard to predict what a competing supplier is planning to do. The short-term payoff from a competing supplier's ability to find and "cut a better deal" is enough of a reason. That makes it virtually imperative that they team up with a buyer, and vice versa.

Source : houston.bizjournals.com