Online Marketplace Traces Significant Growth Of Women Entrepreneurs
In present scenario businesses have realized the importance of online marketplace
. It plays significant role in promoting business products and services at global level that too at low price. As per recent research over use of online marketplaces it was discovered that more than 1.1 million womens from U.S are doing global business through online trade portals. It is observed that percentage of women users increased by 72% from 2008 to 2011. In U.K. more than 261000 womens are using business to business trade portals whereas in India 168000 womens are using these trade portals. Comparatively the number is high in U.S. This shows that U.S. womens are grabbing more business opportunities through trade portals.Womens can start their business with low investment by using e-commerce sites. In addition the scope of e-commerce sites is too wide. So it is very beneficial for womens to do business at global level. They can find millions of suppliers and buyers on trade portals and contact them directly. This helps to reduce the expenses to be made on middlemen services. U.S. women entrepreneurs managed to gain get good business from business to business trade portals which lead to employment generation in their organization. Susie Wang, Co-Founder of cosmetics company 100% Pure, generated job opportunities for 50 employees in her factory. Company was able to connect with their suppliers because of online trade portal.
Businesses could save time and money by using services offered by trade portals. They could finalize the deals quickly without wasting much time. Selecting suppliers, finalizing them, preparing designs, sanctioning them, and much more. Everything was done so quickly by using e-commerce sites. Many businesses managed to get profitable deals from their suppliers which helped to reduce the cost of the final product.
E-commerce sites are beneficial for all kind of businesses no matter how small it is. Even shoe maker can promote his product on these portals and get good business. It is not necessary that one should have a company to do business on online marketplace. If one can product the product or services by sitting at home doesnt matter. Just put few images, describe the product, display price and one can get the order online. Maybe this would be your first step towards building a firm.
Many small producers of various kinds of products made good business by using online marketplace. The investment is not at all an issue for making business online. The product and its marketing style should be persuasive. Product image speaks a lot in online marketing. It should be attractive and clear. One can sell anything valuable on these sites. Even second had goods can also be sold. Online marketing site have space for all types of products.
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