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24
Jun
2008

Infobanc.com Introduces B2B Bazaar – An On-Line Wholesale E-Commerce Platform

Infobanc launches first B2B e-commerce platform for Small and Medium Enterprises(SME) in India.


(1888PressRelease) June 24, 2008 - infobanc.com is a leading trade portal in India - serving manufacturers,
exporters, importers and service providers since 1997. During last 11 years,
infobanc.com has successfully connected thousands of buyers and sellers from over 140 countries through its trade leads service.

Taking their trade leads service a step ahead - infobanc.com has now launched on-line trading platform for business-to-business (B2B) negotiation, leading to successful e-commerce transaction. Core of this e-commerce platform is a modified auction engine that ensures fast and reliable negotiation between multiple buyers and sellers through a user-friendly, easy to use web-interface.

Special needs of SME players such as moderate shipment size, popular payment methods, fragmented supply chain, etc. have been taken into consideration while designing the system. Feedback from hundreds of SME members, who have been using Infobanc.com services for years – has served as fundamental design guidelines.

Using B2B Bazaar service - buyers and sellers can straightaway get into negotiation,saving significant amount of time and resources, otherwise required in traditional system for searching suitable partners, spending long hours in sending e-mails, responding to e-mails, comparing various offers etc.

While consumer-to-consumer (C2C) e-commerce portals are quite common - this is the first business to business (B2B) e-commerce venture for SME players in India. Backed by a network of over 50,000 registered members who regularly use Internet for locating business partners - B2B Bazaar has an assured source of buyers and sellers, ready to transact over Internet.

This is a free service - users do not pay any kind of fee or commission. However,infobanc has plans to charge a nominal fee on successful transactions in future.Interested companies may register free at http://www.infobanc.com/b2b-bazaar/ and start using this free e-commerce service
 

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Contact Information

Abhinav Chatterjee

Ace Infobanc Private Lim ited

110016

Voice: 91-11-26961886

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