By: Robert Thomson

Most latest and significantly useful way of trade prevailing in market is Global B2b Marketplace. It is a trade portal through which buyers and suppliers of various goods and services come together in a virtual trade show. These trade shows are conducted as either regular trade shows or online trade shows.

The companies today jointly are coming with this concept of fusing at a common place for the convenience of each other. The primary focus is to facilitate trade at various levels i.e.

• Manufacturing level

• Import level

• Export level

• Wholesale level

It is a two way process in which the buyers will find the worlds most reputable suppliers and vice versa at one common ground.

Buyers Consideration: Every buyer is in search of supplier who has the capability and the facility to meet his procurement needs. To fulfill these criteria each one is struggling globally. But with the coming of this new concept of trading, it is a blessing to find varied range of suppliers under one roof. The suppliers who match ones consideration can be contacted directly.

In case of online trade shows an email can be triggered when new goods or services listing appears. Benefits of buying including detailed company profile, product information, List of industry association, multiple quotations, etc.

Suppliers Consideration: B2B Marketplace acts like a hub for various suppliers to promote their products by providing detailed information about their offering through catalogs. The more of the displayed visibility translates increased awareness about the company and the potential for entry in untapped markets which inurns increases the sale pattern. It appears like an opportunity for suppliers to get noticed by global buyers through enhanced exposure.

Companies through out the world get themselves registered for such shows. They are required to provide complete information about themselves starting from true name, postal address, phone, fax, e mail address, registration content etc.

Key Points

• Suppliers can provide world class products to their customers at good prices and one can find manufacturers and suppliers that one can trust to deliver best quality at the best price on time.

• It is very cost effective way to connect with the whole lot of trading units throughout the world.

• One may find thousands of credible suppliers to compete for ones business. This makes the quality and price comparison easier and much simpler across the range of suppliers in seconds.

• It is the most appreciable and quickest key to global trade.

I have been asked many times about how does one do a foreign business in the USA. Well other than the original inhabitants of the USA everyone there at one time or another was a foreigner! The first thing which amazed me when i opened a business in the US was how easy it was. For starters for my social security number all i had to do was go to one of their post offices and it was completed in twenty minutes.

The land of the free is just that, free enterprise rules in the US. It welcomes direct foreign investment and business enterprises, who ever you are. Foreign investors are able to organize their business activities in the United States in a number of various ways.

However there are various factors to consider and you need to be organised. Your particular business venture depends on a number of legal and tax considerations and making sure you have professional to fill out the required paperwork. However even with the paper mountain you may have to fill in foreign business in the USA is welcomed.

Well, what about Europe? Europe took note of the US example on doing free trade as trade in Europe at one time had so many restrictions and barriers that businesses gave up trying to meet the various criteria of the various nations. One of the reasons the EU (European community) was formulated was because of the free enterprise example of the USA. European business school and the best international business colleges regularly teach the USA trade model. International trade logistics can be a nightmare once goverments start to organize them!

A foreign business can enter the US market by selling goods or services to non related US buyers. An example is online foreign currency buying. Once your business has developed you can go on to appoint US-based agent or distributor to market its goods or services in the United States. This can be done in a number of ways. While developing your foreign business, it will be important to develop credibility when it come to your business credit rating in the USA.

One great vechicle for developing your business is via USA business directories and tradeshows. You can develop various tradeshow promotional items and tradeshow giveaways to further promote your business enterprise.

This initial start via agents may lead you to a direct presence in the United States. This will obviously be dictated by prudent business planning on your or your advisors part. Once again always remain open to the direction you want your business interests to take i.e. deciding to establish a direct presence in the United States, a foreign business should then determine whether to conduct business independently or in partnership with a US firm.

International trade logistics can be broadly termed as exchange of goods and services between two countries or across two international boundaries. For example britons were trading with the Romans long before Rome establised itself threr for a few centuries. Foreign trade between nations existed from ancient times and will continue as long as the human race are here. It has a great affect on society, some say good and some say bad. Anyway long may it continue.