There was a time when no one believed in Indian local e-commerce
websites and it could be also because there were not plenty of them available
at that time. As the internet user base increased, the number of websites also
got increased. Today we have websites for every aspect of life shopping, job
search, business process, banking, foods, travel etc. These services have made
our life very easy and comfortable and with business services websites, they
are making money earning and business promotion an easy task.
Sunita Network Pvt Ltd : This article will introduce you to the latest
entrant in the market: Traderzplanet. The Traderzplanet.com is a B2B service
provider for suppliers, wholesalers, manufacturers, exporters, traders, industrial
service providers and distributors. The service is open to all, for worldwide
service providers.
It is not that easy!
The starting of the business directory is not an easy task as it
requires collecting lots of business listings for updating the database. In
India, data collection is not an easy task as millions of companies and
industries (big as well as small). The collection of good quality data consistently
is a hard nut to crack. If one is successful in collecting data and managing
the setup then it is confirmed that he will play for long time in the market. A
must have thin for any business model to be successful is to keep barrier of
entry very high.
The collection is not a final step, it requires polishing and scrubbing
before being available to the users for consumption. After polishing the raw,
finally you got to develop a business model on it.
Local Listings
The collection of database gives a start to your business but it is not
the final step. The revenue can be earned by sharing the details with others
who are paying for it, but this can’t provide you enough revenue to be a successful.
The main revenue generator is the local businesses listing.
Services
The services by the listed companies are the consumer builders and
their offerings are the real player behind revenue generation. The merchant
pays for all the activities like leads, clicks, transactions etc.
Reach
The Traderzplanet.com has
become a container for the market and has reduced the large size market to a
single website where you can communicate with merchants, businessperson over a
single click. Traderzplanet- a B2B marketplace website is a free utility to
bring Indian manufacturers, exporters, buyers, sellers, wholesalers, suppliers
and distributors on a common business platform.
Advantage
The biggest advantage of
such site is that it is solving the market problems. The number of business as
well as consumers is increasing and the space is scarce so it is not possible
to setup a marketplace for every business so it is solving the problem of space
scarcity and every business has similar space over internet and over
Traderzplanet.com. Local listings for local businesses helps them a lot as they
do not have so much fund to establish a shop or an empire.
Details
The main source of revenue
for such B2B marketplaces is the details they have about the vendors, suppliers
etc. The storing of the business detail is not that important whether you store
it in a database or in a text file, the model should help in deriving the
details and revenue making opportunities from it. The main aspect that
differentiates the Traderzplanet from others is the storing of data is detailed
and rich.
A lot of players are in
B2B market and Traderzplanet is a new entry but with different data-basing and
listing policy. The B2B category as well as Traderzplanet is on an evolving
stage. There are still challenges to be faced but this online space is exciting
and a fun ride for the opportunist as there are so many opportunity out there.
Happy trading!!!
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