Airtel, Cisco ink deal eyeing B2B market
Airtel and Cisco will appoint a team led by Sanjay Mittal, senior vice-president, Bharti Airtel
Tuesday, October 06, 2009
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nilsson said on 10/14/2010 11:31:25 AM:
Currently, the majority of B2B E-commerce websites are still those who provide information publishing and advertising service, acting as “online exhibition centers”. The most famous one is Alibaba.com, which provides a platform for sellers to post their products and selling leads and for buyers to post their inquiry by charging certain member fees, then buyers contact supplier for possible cooperation offline. This business model can result in vicious competition between the sellers in order to get a “possible” order from a big customer. Aware of this shortage, IBUonline.com realize that Chinese B2B e-commerce business should be further developed by bringing in new mechanism such as online transaction, bi-directional service and supply chain management to create a secure and reliable transaction platform. Unlike traditional B2B website, IBUonline charge a small commission base on each successful transaction rather than charge a member fee. Such a platform is warmly hugged by struggled SMEs under the global economic situation of American sub-prime mortgage crisis, appreciation of RMB, rising manufacturing cost and lower tax reimbursement for export. IBUonline’s transaction volume, order number and service revenue rise by 6 to 10 times annually.
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