B2B Marketplaces


Business-to-business (B2B) marketplaces bring together in one place all of the participants and associated services for international trade: suppliers, buyers, shippers, logistics, finance, inspection services, marketing news and software applications that facilitate digital catalogue production, purchasing and sales.

New technologies allow buyers to simultaneously communicate with many product and service suppliers, their supplier’s suppliers, production and distribution facilities. This leads to a dramatic reduction in costs, order cycle times and working capital requirements and a big increase in efficiency and effectiveness.

For less well developed countries e-marketplaces promise to offer opportunities to compete on a global scale in a way that has not previously been possible. 

For this reason, ITC undertook a project whose aim was to understand the extent to which south Asian countries were in a position to take advantage of e-Trade opportunities and to determine what should be done to enhance that trading capability to the benefit of their economic and social development.

In particular, the project aimed to understand B2B e-marketplaces and discover how SMEs can gain access, compete and ultimately survive in the new economy. Is it possible and how could it be done?

The results of this study "B2B e-Marketplaces: Current Trends, Challenges and Opportunities for SMEs Exporters in Developing Countries of Asia and the Pacific” has been published.

B2B e-Marketplaces : Current Trends, Challenges and Opportunities for SME Exporters in Developing Countries of Asia and the Pacific 

Country Specific B2B Reports: India I Nepal I Sri Lanka I The Philippines 

 

Related Links
International Trade Forum Articles 

'E-business Marketplaces – A Revolution in International Trade'

Brazil's Chamber of Commerce Promotes e-Business

What Small Businesses need from an e-Marketplace

In Southeast Asia e-Marketplaces Grow

 

 

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