Showing posts with label B2b Portal Tips. Show all posts
Showing posts with label B2b Portal Tips. Show all posts

Business to Business (B2B) market offers spectacular opportunities for manufacturers, suppliers, exporters, importers and service provider. A B2B market manages a large number of players as a business community.Do what you know exactly a B2B market? Based on the Internet B2B market tends to focus either on steep or flat markets. B2B Vertical markets automate the procurement procedure in an industry that brings together buyers and sellers at various levels of distribution in conjunction with transactions job.Brand: B2B market is a huge community of buyers and sellers. For employment in another market, the brand can be defined simply as a batch of images, images and feelings that are evoked in the psyche of your customers and prospects to reference your figure (or number of goods . In order to ensure that the image that is evoked is a routine check and constructive amount is a challenge in a job at branding. In the consumer goods reality, while expensive, branding is relatively simple: Building a brand through a coherent system of advertising that connects your goods or service to the images and emotions that you are looking for the consumer to correlate with you. B2B markets are one-stop job for many solutions Part? needs. Real time market allows buyers to move quickly resolution, two major indicators of productivity are part rising incomes and reducing costs. Products offered on a market are integrated into the eCatalog and seller? Web Store. B2B Exchanges are online marketplace for companies to purchase and trade in services of higher quality and new businesses. Buyers are unable to make final purchasing decisions to pay for poor substance of the goods resulting chance of 'job losses for businesses. To avoid this B2B markets take one form or another advanced eCatalog structure that offers a value of persuasion are proposal.There new benefits that can get to participate in a B2B market as a buyer participants easily.For B2B market offers as indicated below: Gain time? Provides accelerate acceptance, the command monitoring processes and economy. Access to the original suppliers? B2B market participation removes geographical fences and provides original approach suppliers.Increased sales? With a wider market, suppliers have the potential to increase revenue.Reduced sales and support costs? By automating sales and customer support processes companies can cut more costs about 25-30 head % High costs well.Reduced? Elegant Thanks to high supply chain costs can be reduced to 30 up percentages.B2B trade: The landscape is dotted with hundreds of B2B exchanges that have failed, showing that success is far from automatic. But many are still in operation. They have learned to go to reward opportunities and avoid disadvantages of this energy source of online merchandising. integrated sales channel in a market Business to Business covers all stages of the sales procedure, including quote, dialogue, billing and sending tracking.www.Made-India.com is an innovative and comprehensive online business-to-business (B2B) portal, which provides a professional platform for Indian exporters, manufacturers, suppliers and others who are involved in the import-export. Since its inception in 2007, Made-India has emerged as an international platform for thousands of consultants, importers - exporters, organizations and companies to transact business at the global level, without intermediaries.


Source : small-business-faq.blogspot.com

Can you guess that which is the hottest medium to catch new and lucrative opportunities for your business?

There are hundreds and thousands of marketing techniques that you can use to promote your business or to generate new business. Just to name a few advertising, telemarketing, blogging, networking, etc.

All of these marketing methods work, some better than others, but being a business professional you should incorporate a variety of techniques to get your marketing message out. One easy way to get started is to add your services to online B2B directories. A B2B Portal is a business directory categorized for easy navigation by people searching for your products and services.

B2B portals are not just a fancy idea! Part of being a B2B business professional is marketing your services to your target market. Today every business is using http://www.themallofindia.com/partnership.html target=new>B2B Directory services or B2B Portal. Whether you are primarily a buyer or a supplier, participation in B2B directories can generate enormous benefits to your company - both in cost savings and productivity increase.

In short a B2B portal is a business which provides business to a business. A B2B portal is a distinct kind of website with features to conduct electronic business and manage significant parts of corporate business processes. Implementation of a true high quality B2B portal or B2B Directory Services could have immediate impact on company productivity.

To conclude, it can be said that B2B Service Providers act as a http://www.themallofindia.com/aboutus.html target=new>business enabler and is the good place to start because it is the most professional and qualified means to promote your business and make your organization famous among the people.

If somebody tells you that your present corporate website can be converted to a B2B portal which will help you significantly improve your company’s productivity in both of the two primary factors: Revenue Growth and Cost Saving, and that the portal can be launched in a matter of months with a very reasonable investment, what will be your reaction? Read on to learn how corporations all over the world are missing an opportunity, which can revolutionize the way they manage their businesses.

What is a B2B portal?

A portal is defined as an access point to World Wide Web. A portal is a combination of web pages, features and services which become a primary destination for users. The word was first used to describe the sites of popular Internet access providers or search engines such as AOL, MSN and Yahoo! At a later stage, the word “portal” evolved into something bigger covering business websites, where a corporate portal or enterprise information portal acts as a base for employees, customers, suppliers and other associates of a company to access corporate information and web services. A B2B portal is a distinct kind of website with features to conduct electronic business and manage significant parts of corporate business processes.

Benefits of having a B2B portal

Today, B2B portals are not just a fancy idea! They are an absolute necessity for all enterprises of any type and size. The advantages of having a quality B2B portal are massive. Implementation of a true high quality B2B portal could have immediate impact on company productivity.

Revenue Growth

Revenue Increase from Existing Clients
Existing clients get faster and easier access to product information, quicker response to their requests, get better customer support and are able to buy products online.

Revenue Increase from Value Added Services
Once a B2B portal is set as the primary sales channel, spared resources can be used to create more value added services for clients. Some of the services that the portal may offer also could be utilized to generate more value.

Cost Savings

Order Processing Cost
If the B2B portal integrates supply chain management solution, it will reduce the cost of processing orders drastically. Studies show that similar solution can reduce cost of processing a purchase order from US$ 70 down in average to US$ 6 only.

Sales and support costs
Automated sales and customer support features integrated in the solution is capable of reducing overhead costs up to 30 percent.

Inventory keeping costs
Clearer visibility and forecasting ability thanks to various features of the B2B portal may help companies considerably reduce inventory keeping costs.

Other key benefits include:

Low customer acquisition cost
Effective portal branding on the Internet will help to attract customers from new sources. The cost of acquiring customers through online channels is always cheaper than other traditional methods.

Improve customer service
Ability to have constant interaction with customers through the B2B portal helps companies serve customers better. The B2B portal solution allows tracking the whole ordering process from payment to delivery and brings greater efficiency in customer service.

Reduce sourcing time cycle
The customers can select products from the integrated marketplace of the B2B portal and either sends purchase orders or directly buy products using the shopping cart. Buyers handle all their procurement related correspondence from a consolidated working page, which helps them react instantly and reduce time in document processing.

Community participation
Company buyers and sellers can create communities surrounding the B2B portal’s discussion board. This helps getting valuable feedbacks on time, building new partnerships using the networking ability of a community, and disseminating important information to members easily.

Real time access to current product information
Current information of a product is vital for an accurate buying decision. Updating product content and other information using customized forms as it is necessary, the company can help buyers and other associates to take critical decision promptly.

Control rogue spending
Consolidated and automated procurement and approval method stops maverick buying in a company.

Main components of a B2B portal

Supply Chain Management
Supply chain management solutions can deliver great values to company’s existing systems. Implementation of these solutions will help achieving incredibly high return on investment and will have tremendous impact on company’s business, which include: better productivity, faster order processing, greater visibility, the elimination of maverick or unplanned purchasing, etc.

Marketplace
This is the venue where the enterprises can post their products for sale. A sophisticated shopping cart will be integrated into the electronic marketplace in order to automate the buying process.

Auction
Electronic auction system can use both English and Dutch auction methods. For convenience the auction component can be integrated into the electronic marketplace.

Online auction helps liquidate surplus goods easily.

Reverse Auction
This solution allows the company to automate electronic procurement, where suppliers compete for business real time online.

Storefront for Participants
Each associate of the B2B portal will get a Storefront that may reflect profile of the company, its products, services or other information.

Forum
A Forum or a Discussion Board is an organized, on-line interactive message board where participants conduct discussion on a set of topics by posting questions, comments and responses.

Internal Messaging System
Elaborate Messaging System allows a participant of the B2B portal send and receive messages from other participants and the company. Since the messages do not leave a secured server, participants would not be worried about sending sensitive information over the Internet.

Classified
Catalog based bulletin board allows company associates to post important notices in various predefined formats.

Directory of Companies
This is a listing of all registered associates of the B2B portal either by business category or by alphabetical order. An advanced search engine tool is incorporated in order to find a company based on data provided.

E-catalog
E-catalog a hierarchy of product and service categories based on UNSPCS, a global products and services classification method that covers the broadest collection of industries and commodities available today, and designed to facilitate e-commerce transactions by providing geography-independent common nomenclature system.

Product Content Adding System
Product adding mechanism based on either easy-to-use wizard or simple but detail forms allows users to integrate products or services with accurate and up-to-date information.

Product Notification
The system can generate an alert and send by email to a user, who requested to inform once a particular product or service gets added to the E-catalog.

Numerous other features could be incorporated to an existing B2B portal depending on requirement, such as: News Aggregation using RSS feed, Contact Management, Electronic Journal, Press Room, Document Repository, etc.

Time needed to set up

Using ready made B2B Portal components from a provider like Rusbiz.com a medium size portal can be built or integrated to existing website within three to four months.

By developing a B2B portal ahead of your major competitors you can give your business a significant boost and make your company stand out from the crowd.

Nowshade Kabir is CEO of Rusbiz.com, a global B2B portal for small and midsize companies. Our distinctive web stores along with many outstanding features like e-marketplace, e-catalog, supply chain management solutions, and trade leads section will allow you to build robust Internet presence and manage key business processes online. Rusbiz also develops Corporate B2B portals.

If somebody tells you that your present corporate website can be converted to a B2B portal which will help you significantly improve your company’s productivity in both of the two primary factors: Revenue Growth and Cost Saving, and that the portal can be launched in a matter of months with a very reasonable investment, what will be your reaction? Read on to learn how corporations all over the world are missing an opportunity, which can revolutionize the way they manage their businesses.

What is a B2B portal?

A portal is defined as an access point to World Wide Web. A portal is a combination of web pages, features and services which become a primary destination for users. The word was first used to describe the sites of popular Internet access providers or search engines such as AOL, MSN and Yahoo! At a later stage, the word “portal” evolved into something bigger covering business websites, where a corporate portal or enterprise information portal acts as a base for employees, customers, suppliers and other associates of a company to access corporate information and web services. A B2B portal is a distinct kind of website with features to conduct electronic business and manage significant parts of corporate business processes.

Benefits of having a B2B portal

Today, B2B portals are not just a fancy idea! They are an absolute necessity for all enterprises of any type and size. The advantages of having a quality B2B portal are massive. Implementation of a true high quality B2B portal could have immediate impact on company productivity.

Revenue Growth

Revenue Increase from Existing Clients
Existing clients get faster and easier access to product information, quicker response to their requests, get better customer support and are able to buy products online.

Revenue Increase from Value Added Services
Once a B2B portal is set as the primary sales channel, spared resources can be used to create more value added services for clients. Some of the services that the portal may offer also could be utilized to generate more value.

Cost Savings

Order Processing Cost
If the B2B portal integrates supply chain management solution, it will reduce the cost of processing orders drastically. Studies show that similar solution can reduce cost of processing a purchase order from US$ 70 down in average to US$ 6 only.

Sales and support costs
Automated sales and customer support features integrated in the solution is capable of reducing overhead costs up to 30 percent.

Inventory keeping costs
Clearer visibility and forecasting ability thanks to various features of the B2B portal may help companies considerably reduce inventory keeping costs.

Other key benefits include:

Low customer acquisition cost
Effective portal branding on the Internet will help to attract customers from new sources. The cost of acquiring customers through online channels is always cheaper than other traditional methods.

Improve customer service
Ability to have constant interaction with customers through the B2B portal helps companies serve customers better. The B2B portal solution allows tracking the whole ordering process from payment to delivery and brings greater efficiency in customer service.

Reduce sourcing time cycle
The customers can select products from the integrated marketplace of the B2B portal and either sends purchase orders or directly buy products using the shopping cart. Buyers handle all their procurement related correspondence from a consolidated working page, which helps them react instantly and reduce time in document processing.

Community participation
Company buyers and sellers can create communities surrounding the B2B portal’s discussion board. This helps getting valuable feedbacks on time, building new partnerships using the networking ability of a community, and disseminating important information to members easily.

Real time access to current product information
Current information of a product is vital for an accurate buying decision. Updating product content and other information using customized forms as it is necessary, the company can help buyers and other associates to take critical decision promptly.

Control rogue spending
Consolidated and automated procurement and approval method stops maverick buying in a company.

Main components of a B2B portal

Supply Chain Management
Supply chain management solutions can deliver great values to company’s existing systems. Implementation of these solutions will help achieving incredibly high return on investment and will have tremendous impact on company’s business, which include: better productivity, faster order processing, greater visibility, the elimination of maverick or unplanned purchasing, etc.

Marketplace
This is the venue where the enterprises can post their products for sale. A sophisticated shopping cart will be integrated into the electronic marketplace in order to automate the buying process.

Auction
Electronic auction system can use both English and Dutch auction methods. For convenience the auction component can be integrated into the electronic marketplace.

Online auction helps liquidate surplus goods easily.

Reverse Auction
This solution allows the company to automate electronic procurement, where suppliers compete for business real time online.

Storefront for Participants
Each associate of the B2B portal will get a Storefront that may reflect profile of the company, its products, services or other information.

Forum
A Forum or a Discussion Board is an organized, on-line interactive message board where participants conduct discussion on a set of topics by posting questions, comments and responses.

Internal Messaging System
Elaborate Messaging System allows a participant of the B2B portal send and receive messages from other participants and the company. Since the messages do not leave a secured server, participants would not be worried about sending sensitive information over the Internet.

Classified
Catalog based bulletin board allows company associates to post important notices in various predefined formats.

Directory of Companies
This is a listing of all registered associates of the B2B portal either by business category or by alphabetical order. An advanced search engine tool is incorporated in order to find a company based on data provided.

E-catalog
E-catalog a hierarchy of product and service categories based on UNSPCS, a global products and services classification method that covers the broadest collection of industries and commodities available today, and designed to facilitate e-commerce transactions by providing geography-independent common nomenclature system.

Product Content Adding System
Product adding mechanism based on either easy-to-use wizard or simple but detail forms allows users to integrate products or services with accurate and up-to-date information.

Product Notification
The system can generate an alert and send by email to a user, who requested to inform once a particular product or service gets added to the E-catalog.

Numerous other features could be incorporated to an existing B2B portal depending on requirement, such as: News Aggregation using RSS feed, Contact Management, Electronic Journal, Press Room, Document Repository, etc.

Time needed to set up

Using ready made B2B Portal components from a provider like Rusbiz.com a medium size portal can be built or integrated to existing website within three to four months.

By developing a B2B portal ahead of your major competitors you can give your business a significant boost and make your company stand out from the crowd.

Nowshade Kabir is CEO of Rusbiz.com, a global B2B portal for small and midsize companies. Our distinctive web stores along with many outstanding features like e-marketplace, e-catalog, supply chain management solutions, and trade leads section will allow you to build robust Internet presence and manage key business processes online. Rusbiz also develops Corporate B2B portals.

In today's extremely competitive B2B market segment, lead generation can take on many marketing methodologies: Search Engine Optimization Broadcast Advertising, Direct Mail, Events or Trade Shows, Marketing Seminars, etc.

Marketing performance measurement refers to the ability to closely analyze reports between marketing and sales and realize the many tangible effects marketing is having on sales revenue generation.

Online lead generation can be a scalable channel, with an ROI that makes good sense to a B2B advertiser.

Online visibility is a big part of this, which is why search engine optimization is such a hot topic among many. Online lead generation raises privacy issues which may require a thorough examination.

An increasing number of sales organizations have been shifting their direct marketing budgets into the online channel. A consumer finds these directories or informational sites and they are able to complete an online quote request form.

If your company already has a conversion-focused B2B website, look at the ratio of sales closed online on the first visit vs affiliate programs.

Lead generation is largely a rendez-vous problem where there is a set of well-matched candidates for product purchase within a larger set of poorly matched candidates.

B2B lead generation is especially important in the real estate and mortgage industries where each lead could generate thousands of dollars in income.

Some will tell you that lead generation has been particularly effective in the automotive industry. Lead generation includes anything that a business does to gather a list of new or potential clients and involves a number of techniques used to create interest in potential customers.

Applications that generate sales leads track the activities of potential customers on a company's B2B site and use factors like job titles and activities on the site to assign "lead scores," which help salespeople to better target their marketing and lead-generation efforts.

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