Wednesday, 4 January 2017

Top 10 Global B2B Marketplaces


DEFINITION: 
B2B (business-to-business)

On the Internet,B2B is the exchange of products, services or information between businesses, rather than between businesses and consumers.


Are you fed up with your business being undiscovered? Online Global B2B Marketplaces might be your solution.
Many small to medium sized B2B companies are finding their local business stagnant, but have no idea how to globalize their operations. Why are so many struggling to find new business?
Growing your business and globalizing can be easy, no matter where you are located.
There are a growing number of large, successful and reputable online B2B marketplaces, where sellers can easily create their own homepage to showcase products and services online, locate and liaise with global buyers, reply to ‘buying leads’ and post ‘offers to sell’










Top 10 B2B Marketplaces 

1. Alibaba
Chinese owned and launched in 1999, Alibaba.com is the world’s largest global e-commerce platform for small and medium sized businesses around the world.
The platform, which serves more than 18 million buyers and sellers from more than 240 countries and regions, showcases products ranging from raw materials to finished goods in more than 40 industry categories.
Like all these marketplaces, Alibaba doesn’t sell products and services itself, instead, it runs a platform that connects B2B buyers and sellers. Alibaba.com is free to join and makes most of its sales from commissions and advertising.
It is the go-to English-language platform for cross-border trade and helps small/medium businesses worldwide expand to overseas markets.
The platform, which serves more than 18 million buyers and sellers from more than 240 countries and regions, showcases products ranging from raw materials to finished goods in more than 40 industry categories.
If you are a seller, you can display up to 50 products/services for free or if you get the Gold membership you get a really nice mini-site to display unlimited products or services. If you are a buyer, post what you need in a ‘Request for Quote’ and let sellers come to you.
Alibaba Group, the parent company is expected to go public later this year in the world’s biggest listing since Facebook ink’s debut in 2012. A recent Reuter’s poll put Alibaba’s market value at around $140 billion and the value of the IPO at $15 billion.
Simply put, this business is huge!

2. Made-In-China.com
Made-In-China.com is one of the world leading online b2b portals founded and operated by Foscus Technology and the vision of developing Made-In-China.com is to provide improved and easily accessible web-based solutions to small and medium enterprises. This website was launched keeping in consideration the great expenditure and penetration of internet related resources in relation to enhancement of progress of Chinese Exports and Trade. Using this online medium the Focus Technology gets in touch with business owners and provides complete, authentic and latest information about Chinese products and also complete data regarding suppliers is present. In short, it can be said that Made-In-China.com is serving as a bridge between International Buyers and Chinese Suppliers, Exporters and Manufacturers.

For Buyers: Made-In-China.com has created a dedicated Product Directory section where buyers can search for the products they are looking for and connect with quality Chinese suppliers in minutes. Apart from it, buyers can also post buying trade leads or buying requests in offer board. An amazing thing that differentiates Made-In-China.com from other B2B portals is their Reports feature, which provides important factors of Chinese Supplier. such as business license, manufacturing capabilities and quality control systems audited by SGS.

For Suppliers: All suppliers, manufacturers and exporters are eligible to add products, sell offers and company information at offer board. Suppliers can also search for global buyers, importers or buying requests on offer board.

Whether you deals in or looking to source Agriculture, Chemicals, Computers, Consumer Electronics, Furniture, Industrial Equipment or Sporting Goods from Mainland China, Made-In-China.com is the perfect solution for all of your needs.



3. DHGate.com
Founded in 2004, DHGate.com is leading Wholesale B2C Marketplace founded by Diane Wang who is one of the founders of famous Joyo.com which was a known B2B brand in the Great China. She was adept in marketing and have been playing leading role in Cisco and Microsoft in China. Since its inception, DHGate.com has been serving millions of satisfied customers.

DHGate.com is one of company that has revolutionized international trade with China by providing state-of-the-art online B2C trading platform integrated with escrow payment system. It directly connected to the international market and retailers, wholesalers, drop-shippers and bargain shoppers. DHGate.com provides the traders from any part of world to buy anything directly from the Chinese Suppliers, Manufacturers and Factories at wholesale prices. It is recognized as first and biggest cross border online trading platform with hundreds of products and scores of services. In a very short duration the DHGate.com has expanded its network to about 3 million customers from 230 countries.

The product list is enormous, there are about 20 million products offered by the DHGate.com with promise of quality and standard. The major supply source of DHGate.com is obviously China and there is contract of this firm with about 6,500 dedicated China based suppliers. The CEO of DHGate.com has picked up many awards on her success in the International Trade Market such as outstanding Woman of the China and outstanding Woman of the Beijing. She was also awarded as Top 10 IT People of China.

For buyer safety, DHGate.com offers a unique value-added service DHGate Buyer Protection, which is especially designed for Buyers safety. In this feature your payment will be held by the third party and released to supplier only when you receive your order and fully satisfied with it.

4. GlobalSources.com
Founded in 1996 and headquartered in Hong Kong, Global Sources is one of the world leading B2B media companies that are main facilitator of international trade with Mainland China. It is one of the best online destinations where you can find decent and dependable suppliers, exporters and reliable manufacturers as the main aim behind the organization and developing of GlobalSources.com is to create, manage and deliver the information for which trading partners are always looking for meeting their business related demands. You will be able to get your hands upon right data, at the right time in the right form what can be better than this?

The main thing that makes GlobalSources.com unique from other b2b platforms is their unique media services. The core function of their services is to facilitate businesses using multiple types of quality services such as participation in global trade events, publishing of print magazines as well as digital magazines, preparing research reports, online & private sourcing expos and finally promotion through online b2b marketplace, GlobalSources.com.

There are many amazing facts about Global Sources and few of them include: It is a NASDAQ listed company and its symbol is: GSOL and as per reports the revenue of first quarter of 2013 was $31.3 Million. Global Sources has more than 30 offices in different locations of Great China and a giant community of over 4 Million Chinese online users and subscribers.

At GlobalSources.com, it is ensured that every associated supplier or manufacturer is authentic and possesses a verified registration that is verified by Sinotrust along with D&B. For gathering the product and company related information the persons associated with Global Sources pay visits to the organizations or get in touch with them more than three times. In case of any suspicions of fraud or malfunctioning the company immediately takes steps against the suppliers and if anything is proven against them, then strict action is taken. So what are you waiting for? Just visit GlobalSources.com to fulfill your sourcing needs.


5. IndiaMART
IndiaMart is India’s largest B2B marketplace with a 60 percent market share according to IAMAI.
IndiaMART has 1.5 million sellers and  attracts 1.6 million daily visitors, which compared to Thomas Net’s 1.6 million monthly visitors, is huge. Never underestimate how big the Indian market is.
Like Alibaba, IndiaMART provides Basic and Premium membership services in which sellers can create their own homepage. Showcase products online, source and contact global buyers, reply to buying leads and post offers to sell.
The model and functionality is almost identical to that of Alibaba.com and like Alibaba, IndiaMART allows sellers outside of India to promote themselves.

6. Trade India
Trade India is very similar to India art and is the second largest B2B marketplace for small and medium sized companies in India.
TradeIndia launched in 1996 and is headquartered in New Delhi and claims to be the first Indian B2B marketplace to have more than 2 million registered users, of which 1.3 million are SMEs.
Like Alibaba, TradeIndia provides Basic and Premium membership services in which sellers can create their own mini-site to showcase products and locate and global buyers.
7. Toggar.com
Toggar.com Toggar is the first Euro-Arab B2B website for the Middle East and Europe. It was launched in Germany, 2014, and is an online global portal for E-commerce between companies.
Toggar is considered to be the first b2b website for the Euro-Arab marketplace, opening channels between wholesalers in the Middle East and Europe, and bringing businessmen together in the field of importing and exporting. It is not limited to this only, but also encompasses different fields, facilitating trading between company owners and traders and, providing businessmen services using E-commerce, made through online selling and purchasing.

8.  ThomasNet.com
Previously called ‘The Thomas Register of American Manufacturers’ ThomasNet.com is a leading online platform for B2B seller discovery and product sourcing, and is visited by more than 1.8 million buyers every month. For over a century, Thomas have connected manufacturing and industrial buyers and sellers.
Today buyers worldwide including engineers, purchasing agents, facilities managers and more, come online and use ThomasNet for product sourcing and supplier discovery, mainly in the USA.
This free online platform combines semantic product search technology with information rich company profiles enabling educated supplier selection. It is a large and increasingly global marketplace that promotes 650,000 distributors, manufacturers and service companies within 67,000 industrial categories.


9. Tradekey.com
From Down Under comes Trade Key, Australia’s answer to the rest of the world. It has over 158,000 members on its marketplaces from Australia!
A small caveat. The above are not ranked in any particular order, nor are they the complete list of all B2B product focused marketplaces around the world. A simple Google search for the right minded entrepreneur should turn up several more in all parts of the world. The above 10 list is merely a starting point for the globally minded entrepreneur.
Happy Selling! And next time I’ll cover the Services Marketplace for the services minded global entrepreneur and in the meantime please feel free to add your comments and share this for other entrepreneurs.

10. En.ofweek.com
En.OFweek.com is a prosperous Industrial B2B Marketplace developing very quickly. It focuses on industrial fields such as LED & Lighting, Solar, Laser, Display, Automation, Electrical, Electronic Components, Computers, Security Products, Instruments, Telecom Products, Equipment’s & Machineries, etc. OF week provides trade opportunities for global manufacturers, exporters, importers, wholesalers & distributors.

OF week provides users with abundant highly-valued real-time reports, original articles and picture information in the high-tech industry. With in-time and swift updating, it has become the most in-depth, influential web portal and leading online service platform in Chinese high-tech industry. Visitors come from over 220 countries and regions from worldwide. Global buyers are sourcing at En.OFweek.com everyday.

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