Information is not matched on e-business platform
Written by Jamesdong
Now many e-business portals emerged on the market. Sellers and buyers are posting their information on those websites.
For buyers, rampant supply information made the buyers very hard to distinguish those suppliers at different levels.
For suppliers, inquiries quality is not good as they want and they could not put orders into operation; they could utilize platform to do overseas marketing as the cost is high and yield is very low.
In the vicious circle, foreign trade B2B platforms’ effect on setting business between buyers and sellers is impaired.
Trust problem towards suppliers is the bottleneck for the buyers to place the order.
So many foreign trade barriers caused by unmatched information, such as buyers do not know well of the suppliers, suppliers do not have good market sensitivity; buyers cannot control the order implementation conditions.
B2B foreign trade platforms need counter measures. The latest intelligent foreign trade tool “easy order” developed by IBUonline could resolve the above mentioned problems.
“Easy Order” could release information to both sides with their consent, such as capacity parameters, historic transaction records, raw materials purchase processes, manufacture schedule.
So buyers could select suppliers according to the requirement and the trust between two sides could be improved, which is good for the business transaction.
On the other hand, “Easy Order” could offer import and export data so the suppliers could view the business transaction records, which will help suppliers to check if the buyers are of great value or not and make wise decision.
“Easy order” could offer transparent information to business partners, which is good for setting up a good faith transaction system and creating e-business new civilization.
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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