Article

Foreign trade business mode changed on B2B platform

Written by Jamesdong

Topic: Business NetworkingPublished March 8, 2011
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In the past, the most important thing which hampered the process of foreign trade business 30 years ago was distance. Buyers spent more time on traveling and spent more money on communication; Sellers also can not save the similar costs for the business development.

Telephone and fax made the foreign trade easier, as both business parties could communicate faster than ever before and faxed documents that are needed in foreign trade business.

Nowadays, internet changed the business mode completely and made the speed faster, since we could send and receive emails from and to the foreign trade business partners. The business partners could find more tools for communications, such as QQ, MSN, twitters, or other instant communication tools.
Traditional B2B platform mainly focused on releasing company information and product information, without any pre-sale or after-sale services or without any dispute settlement services for international purchases or suppliers.

Now B2B business platform need more resources and more services to complete the whole process of foreign trade in modern society, buyers or sellers expected more features on B2B platform.

IBUonline is a vertical B2B platform and it has thought about different needs for international buyers and sellers. IBU offered related services to resolve those problems in conducting foreign trade business.

IBU integrated various services in different sectors to help international businessman to complete foreign trade more quickly. IBUonline provided valuable market information, purchase information and selling enquiries to paid customers. So IBU member could get valuable market information at the first time.

Article author

About the Author

IBU is more than an international business platform; we not only connect global buyers and suppliers, but also participate in the whole process of international trade, provide a series of practical services (off the platform) to greatly enhance the efficiency of global trade.

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