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International Trade Gets Eco-friendly Through B2b By Salil Pillai As businesses are getting more environmentally conscious, this phenomenon has fuelled businesses across the world to use Business to Business (B2B) portals as their international business tool for all their trading needs. However, in the early 1990's, though the concept was well accepted by the business world, traders were skeptical about the positive results. But today leading B2B portals have proved beyond doubt the world that the concept is not only fast and cost effective, but also an eco-friendly medium to do international trade.
Top trade shows still attract many companies to showcase their products and services, but a majority of small and medium enterprises (SME) have totally resorted to do the same through B2Bs. And this in fact, has reduced unnecessary movement of people and commodities to several such shows resulting in lowering cost of marketing as well as energy to every business entity involved.
Besides, instead of traveling to meet a new client to a foreign land, traders found this new rendezvous in the form of B2B portal. In business development process, after making initial interactions through emails, they sometimes even confirm their business facilities through video-conferencing before inking the deals, and this too is made possible through B2Bs.
According to studies, more than 60% of SME utilize the services of B2Bs directly or indirectly. Though there is a flurry and mushrooming of several B2Bs with claims of providing complete business solutions, leading B2Bs are still largely sought after in the e-commerce arena.
B2Bs are environmentally appealing mainly because of the non-involvement of any kind global warming material being used in the business development process.
. The complete business process except product delivery involves just electronic interaction and transaction.
. Products or services are presented to the client/clients by redirecting them to their respective websites from their B2B profile or through the same profile itself depending upon the B2B package their have opted for.
. Avoids
physical presence in all stages of business, and in abstract services even delivery is made electronically.
B2Bs generated huge revenues as compared to other business models engaged in global trade without emitting any harmful green house gases or cutting trees which was otherwise used extensively in paper-based business processes of the past. Perhaps serious concern for the deteriorating health of the environment due to climate change and other related issues have prompted businesses to take a paradigm shift to opt for B2Bs.
Most B2Bs expect bringing in such awareness among traders will also help these portals to grow besides other positive aspects. In addition, these portals hope environmentally conscious traders to market B2B concept to non-users through word of mouth or other means to adopt it as part of 'save the planet slogan'. Some of the B2Bs provide even international services including transport, go-between and other services, besides the regulars, import and export to put their use into good effect.
Apart from the eco-friendly aspects of these portals there are other attractive reasons for traders to adopt this model such as, negligible cost involved in marketing operations of any given company, user-friendliness and not to mention the speed in delivering goods. Though there are any scales to measure the amount or number of benefits to the environment after the arrival of B2B portals is available, looking into the features as well as the time presence, one is made to believe, they have made a huge positive impact in the eco front. The eco-conscious traders, if they have not started utilizing these services, will certainly adopt this business tool as a medium for their global and even for their domestic trading needs very soon.
About the Author Toboc is a B2B Portal which offers business solutions for Importers, Exporters, Transporters, Brokers and other services. Here we provide International Trade Leads for businesses across the globe.
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British Pound Hits 6-Week Low Against US Dollar
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<a href="http://www.dailymarkets.com/forex/2010/09/07/british-pound-hits-6-week-low-against-us-dollar/" style="font-size:1.2em">British Pound Hits 6-Week Low Against US Dollar</a>
<br> <span style="color:#888888;">Daily Markets</span> - <span style="white-space:nowrap">6 hours ago </span>
<div style="width:80%;">Price action on GBP/USD (a 4-hour chart of which is shown) as of Tuesday (9/07/2010) has tentatively broken down below the previous major low of 1.5325 hit in late August to establish a new 6-week ...</div>
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British Pound Focus is on 14980
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<a href="http://www.dailyfx.com/forex/technical/elliott_wave/gbp-usd/2010/09/07/eliottWaves_gbp-usd.html" style="font-size:1.2em">British Pound Focus is on 14980</a>
<br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">9 hours ago </span>
<div style="width:80%;">No change: ?The British Pound has not found the support that the Euro has enjoyed. Watch the channel for support as well as 15250 and 15125. The pattern of the decline from 16000 is not clear-so ...</div>
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Great British Pound vs. Japanese Yen (2010-09-07)
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<a href="http://www.ibtimes.com/articles/60014/20100907/great-british-pound-vs-japanese-yen-2010-09-07.htm" style="font-size:1.2em">Great British Pound vs. Japanese Yen (2010-09-07)</a>
<br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">16 hours ago </span>
<div style="width:80%;">The GBP/JPY pair is still finding a solid support above 128.75 zones as seen on the provided four hour chart. RSI 14 indicator- momentum indicators' representative- is still carried above the ...</div>
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Buy British Pound at $1.5480, Mizuho Says: Technical Analysis
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<a href="http://www.businessweek.com/news/2010-09-06/buy-british-pound-at-1-5480-mizuho-says-technical-analysis.html" style="font-size:1.2em">Buy British Pound at $1.5480, Mizuho Says: Technical Analysis</a>
<br> <span style="color:#888888;">BusinessWeek</span> - <span style="white-space:nowrap">Sep 6, 2010 </span>
<div style="width:80%;">By Anchalee Worrachate Sept. 6 (Bloomberg) -- Investors should buy the British pound should it rise to $1.5480 as trading patterns suggest the currency will appreciate further, according to Mizuho ...</div>
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Exchange Rates: British Pound hampered by latest Economic data
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<a href="http://www.economy-news.co.uk/exchange-rates-06201009.html" style="font-size:1.2em">Exchange Rates: British Pound hampered by latest Economic data</a>
<br> <span style="color:#888888;">Economy News</span> - <span style="white-space:nowrap">Sep 6, 2010 </span>
<div style="width:80%;">Data that forex traders have been contending with this morning include news that new car sales in Britain dropped by 17.5 percent in August. The Pound Dollar exchange rate is 0.382% lower on the ...</div>
<a href="http://www.fxstreet.com/technical/analysis-reports/daily-currencies-report/2010-09-07.html">Forex Daily News: GBP Drops Against EUR, USD</a> - <span style="color:#888888">FXstreet.com The Forex Market</span><br>
<a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=4474152">Thin Trading On US Labor Day Dampens Risk Appetite, Boosts USD</a> - <span style="color:#888888">istockAnalyst.com</span><br>
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British Pound Tumbles Against Majors
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<a href="http://www.rttnews.com/ArticleView.aspx?Id=1410510" style="font-size:1.2em">British Pound Tumbles Against Majors</a>
<br> <span style="color:#888888;">RTT News</span> - <span style="white-space:nowrap">Sep 6, 2010 </span>
<div style="width:80%;">(RTTNews) - During early European deals on Monday, the British pound fell sharply against its major counterparts despite a rise in regional stocks. The pound fell to a 4-day low against the dollar ...</div>
<a href="http://www.dailyforex.com/forex-fundamental-analysis/2010/09/Euro-s-party-is-ruined-by-the-Stress-Test/5889">Euro's party is ruined by the Stress Test</a> - <span style="color:#888888">DailyForex</span><br>
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Momentum Holds US Dollar While Sterling Continue To Recover
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<a href="http://www.actionforex.com/analysis/daily-forex-technicals/momentum-holds-u.s.-dollar-while-sterling-continue-to-recover-20100906121705/" style="font-size:1.2em">Momentum Holds US Dollar While Sterling Continue To Recover</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">Sep 6, 2010 </span>
<div style="width:80%;">British Pound 1-monthvolatility fell 6.2 percent last week, making for the most sluggish price action among the majors. As with the Euro however, the correlation between sterling and the MSCI ...</div>
<a href="http://www.stockbriefings.com/british-pound-euro-gbpeur-exchange-rate-10/3172490">British Pound Euro (GBPEUR) Exchange Rate</a> - <span style="color:#888888">Stock Briefings</span><br>
<a href="http://www.forexyard.com/en/market-analysis/ny-close/british_pound_falls_to_six-week_low_versus_the_euro-2010-09-06">British Pound Falls To Six-Week Low versus the Euro</a> - <span style="color:#888888">Forexyard</span><br>
<a href="http://www.economy-news.co.uk/exchange-rates-07201009.html" style="color:#009900">Economy News</a>
</div>
British Pound Slips Sharply Against Majors
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.rttnews.com/ArticleView.aspx?Id=1410466" style="font-size:1.2em">British Pound Slips Sharply Against Majors</a>
<br> <span style="color:#888888;">RTT News</span> - <span style="white-space:nowrap">Sep 6, 2010 </span>
<div style="width:80%;">(RTTNews) - After trading higher in early European session,the British currency plunged sharply against major opponents later on Monday. At present, the sterling is trading near a 4-week low of 0 ...</div>
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Great British Pound (GBP) Technical Major Currencies (2010-09-07)
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.ibtimes.com/articles/60037/20100907/great-british-pound-gbp-technical-major-currencies-2010-09-07.htm" style="font-size:1.2em">Great British Pound (GBP) Technical Major Currencies (2010-09-07)</a>
<br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">Sep 6, 2010 </span>
<div style="width:80%;">The pair stabilized within the bearish channel below SMA 50, with the current minor support level at 1.5345 impeding attempts to continue the bearish trend. Momentum indicators are showing ...</div>
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Great British Pound vs. Japanese Yen (2010-09-06)
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.ibtimes.com/articles/59698/20100906/great-british-pound-vs-japanese-yen-2010-09-06.htm" style="font-size:1.2em">Great British Pound vs. Japanese Yen (2010-09-06)</a>
<br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">Sep 6, 2010 </span>
<div style="width:80%;">The pair inclined respecting the suggested bullish scenario of our last report flawlessly. Now, the possibility of forming a harmonic structure with a 38.2% Fibonacci correction for the XA leg ...</div>
</div>
Is the simultaneous purchase or sale of one currency against the purchase or sale of another.
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