Tips on how to tackle challenging markets and economies

Introduction

There are huge parts of the global economy where the amount of unemployment remains very high, the share of labour's income is declining and a sense of optimism is a thing of the past. The critical factor, according to several economics professors and professionals is to deal with the different challenges presented by businesses and governments and to adapt to them accordingly.

So what can we do about this to make things right again? There are several steps which one might take for things to be better again. So without further ado, here are some of those tips which you can use for yourself:

• Taking correct actions

There are too many instances nowadays when a new policy is introduced, and there is no discussion regarding the steps that need to be taken to accomplish a goal given that policy. And while people may question how it is so important, you will be surprised to know that has to do with the growth of the business.

For instance, China was a very high public sector investment when it was still in the pre-reform era. However, the performance of the economy was very poor. This is because of a lack of market economy. And although they had a centrally based economy, they still had it closed to the sections of the global economy instead.

• Reacting to disruption

Structural flexibility of a country has and always will be dependent on the speed of recovery of its economy. America is one of the leading examples of this scenario, and it is highly stable regarding structural flexibility. China is also doing pretty well in its right as well.

However, in places like Europe and the South especially, the structural flexibility is not as high and thus they are having a harder time adapting to all the changes made by these powerful forces.

• Adaption to change

This is something which cannot be stressed on enough. Flexibility does not simply mean the elimination of jobs. You also need to know how to create them and how to protect people during major transitions. And the major way to that is by protecting their incomes.

The ultimate goal is to have an environment that loses some jobs but also creates others for the people. Such an environment is expanded regarding opportunity so that every people can be benefitted broadly as and when they need it to help them.

Dubailist wholesale marketplace in Dubai has a large number of sellers and product online. Our sellers are trusted and verified by experts and based on the products they have been delivered to the customers.

What are the options for growth of online wholesale marketplace

An online presence is something which is vital when it comes to wholesalers irrespective of the type or class of products they sell. It is the frequency of their sales that needs to be taken into account, and that can only be achieved by the aid of having some internet presence. It undoubtedly has a significant impact on your business overall.

ApproachThe way you interact with your customers and manufacturers online is something that has to be evaluated again and again even after the decision has been made to go online in the first place. But before these issues are addressed in any way, you have to keep in mind exactly how your online presence is configured.

IdentityEstablishing yourself in the online market means creating an identity for yourself. And that can be done in a lot of ways these days. For instance, you can make use of things like:
·         Logos
·         Banners
·         Beautiful text
·         Customized graphics
·         Welcoming pages
All the back-end transactions like payment are handled by the marketplace, so you don’t need to worry about that. Other such activities include:
·         Subscription management
·         Advertisement
·         Traffic management
·         Payment processing
The only disadvantage here is that your business is likely to be categorised with several other businesses in the market and chosen in a more random manner than your liking.

WebsiteAn alternative approach to this is to manage your very own website. This obviously means that the entire e-commerce section is under your control. Things like getting traffic and managing it, managing customer interaction and payment is all under your scrutiny. This is a huge benefit should you know how to make it work altogether.
Not only that but developing your very own website can also lead to an enormous amount of flexibility. For instance, better use of graphics to enhance your sales, newsletters, email distribution, making VIP customers and things like that are all that makes this such a success. It contributes a lot to the overall growth of traffic in your website.

ConclusionWhen it comes to growth of online wholesale marketplace, it is essential that you have knowledge of the above things. Also, don’t forget to ensure that your domain name is enlisted with Google and other search engines with the help of appropriate keywords. Once this is done, you will be all set to have your marketing experience online.

How A B2B Online Store Can Build Customer Trust!!!

So you have your gleaming new online eCommerce store filled with tantalizing, unique products, you have your sign out process down to a science and the visitors are herding in. But yet, no one’s buying. Whilst this could be for several, complex reasons, one of the biggest obstacles in eCommerce is getting your customers to faith that you will keep their data secure throughout the purchasing process, from browsing your store to tracking their order status after buying.

We have collected a list of the best strategies to obtain customers to have trust in your store. The most significant factor is to comprehend the biggest perils to your customers and helping fix them. After all, people dependence people, not websites.

Look Professional

It is vital to represent your business and company in a professional as well as contingent manner in the virtual world. In order to do this, present all business, transaction & customer service related information in an obvious manner, the similar way a responsible and detail-oriented company would do. Have complete information on how to contact the business with all the pertinent email addresses, phone numbers, business departments, physical addresses, working hours, etc. Also, comprise a full section on customer service information with details regarding product return and guarantee period, as well as pertinent contact information in case of further inquiries. Do not forget to comprise an FAQ (frequently asked questions) section and establish a trustworthy payment system or gateway!

Ensure Fair Representation

In order to lessen reputational perils, it is significant to do everything in your power to live up to the standards linked with excellence and just practices. Ensure that all information you give about your products/ services is correct and maintain complete intelligibility during information disclosure. Take truthful representative pictures of your products for virtual exhibit, clarify the exchange, insurance & guarantee policies, tell customers about your cash back, or be short of cash back policies, etc.

Remember that your end ambition is to see your business thrive, mature and expand. This can only be done by winning customer allegiance and by remembering that pleased customers make great customers! Pleased customers will flood back just to you and bring their friends and families on board! It can be simple to get swayed along the way and espouse risky strategies for short run sale spurts, but such strategies could result in ruinous long-term goal implementation.

Get Accredited

If you belong to any unions, partnerships, coalitions, and alliances or are authorized with any certification of authority, competency, or credibility, then you should definitely exhibit it on your web page. An accreditation is emblematic of high practice standards and customers will be more positive in their perception of your business when they correlate it with high standards of practice.

Ultimately, you should remember that internet customers have not seen the product they are ordering in its bodily form or met the people who are offering them with a service. They are making a sightless purchase when they give their payment details and personal information online and as businesses operating virtual stores, it is our liability to do what we should in order to acquire their trust. Once done, we must make sure that the trust placed in our businesses is well deserved and esteem the belief our customers have in us. Only then will our businesses grow to become ones that trusted as well as widely esteemed.

Dubailist: One stop solution for all your needs

Marketplace is a common term that particularly considers an open space where commercial dealing takes place. There are numerous things that lead to commercial activity, such as household products, vehicles, foods and eatables, and more. When we take a close glance over the marketplace, we could spot different segments of it. Wholesale marketplace resides over the top of the segment.

A wholesale marketplace as the name suggests is a place where sale of products or derivatives occurs in large scale. It is a hub where innumerable retailers reach to pick up their respective commodities. Usually a wholesaler takes all these products from the manufacturers and then distributes this to stores though different media.

Wholesale marketplace can truly supply immense products of varying nature. As the wholesaler here is directly connected with the manufacturer, they can provide goods at much cheaper rates. The wholesale marketplace stocks goods and derivatives in large amount, which they later deliver to their channels.

Dubailist is one of the leading wholesale marketplaces for B2B platform. It made its debut in 2016, and soon after the lunch it grabbed the UAE market. Currently, Dubailist is serving thousands of buyers and sellers across the globe.

The main motto that Dubailist follows is to strengthen the B2B platform and connect with the world in this manner. They have prepared some excellent marketing strategies for an easy inflow and outflow of products. The strong channels of distributors, suppliers, and resellers are extending the service platform for Dubailist.

Dubailist helps varying business to broaden their boundary and reach out to customers all around the world. The company is associated with verified and trusted partners. Therefore, if you made your mind to go with Dubailist, you will be getting an ensured security for your products.

As a customer, you will be getting a high quality of products in Dubailist. Because, quality of products are not compromised at this wholesale marketplace. Even if you purchase a small amount of goods, you will be getting a wholesale price. Customers will get a huge range of products on Dubailist. There are Consumer electronics (including all the electronic verticals in this category), Auto-motive Parts, and Industrial Machinery.

In spite of having such a vast product range, Dubailist is continuously adding new categories into the website. As ensured by the data, Dubailist speaks for a thousand of message exchange between suppliers and end-users.

Taking a step ahead and marking Dubailist as your favourite hotspot for buying and selling for commodities is not a bad idea. With their entire range of products Dubailist.com is worth visiting for buyers as well as suppliers.  

5 Ways to Maintain and Improve Your Online B2B Market

The internet has changed the traditional way of carrying out b2b transactions. Emergence of online b2b market is recent and of great interest to those involved in b2b businesses. More importantly is the ability to incorporate it and gather, keep and improve on the online market. This article aims to go through the five most important considerations in this regard for you.

·         High Quality Content Marketing

Rather than focusing on giving great quantity content on what you do and your product descriptions, it’s imperative that you focus on its quality. The content also needs to be relevant to your target market and the different stages of the buying cycle. You can diversify and use different formats to present the content ranging from photos, descriptions, attributes, supporting product files and videos. It is essential that you be knowledgeable about your market and the different formats available to you. With these two, you can research on and deliver content in the format or wide mix that best appeals to your target audience. With great content in place, it can even market itself.

·         Improving Your B2B Platforms.

Without a platform, there would be no online b2b market. In creating your b2b website, you need to make it as great as you can. Once established, you need to make it remain relevant by improving it repeatedly over time to cater for your prospects, your clients and the evolving online b2b markets. Install reliable website analytics that will give you data for careful consideration to assist you pinpoint opportunities, gaps and weaknesses for you to work on. Determine the performance of your b2b website especially where long cycles of sale are encountered.

·         Increasing Online Visibility and Social Integration

Once you have developed high quality and relevant content, making it available to a great number of your target audience is the next best thing for you to do. This can be done through website traffic generation that involves blogging, marketing in social media, website optimization, and email marketing among others. Customer reviews usually entice online consumers greatly to make decisions. Your b2b platform needs to be user friendly and interactive so that you can interact with them. The quality of your product or service should be able to earn you good reputation that can win you more clients.

·         Optimizing on Ads and Keywords

You can use and optimize your keywords and Ads to make an improvement on awareness of your brand and lead generation. Although their trust and/or traffic is way below that of listings in organic search, web and PPC ads can greatly refer leads for b2b websites. Work needs to be employed in optimization and planning in order to obtain timely leads significant for an enterprise.

·         Utilizing Lead Generation and Conversion Rates

You need to keep generating leads and email marketing has proved its worth in this sector. It can be incorporated into a business’s automatic marketing delivering desired communications to leads avoiding unnecessary quality cracks falling through cracks. To successfully do it, your landing pages need to be improved to a high performance status. To achieve this, the page should have better layouts, headlines containing benefits, short forms and simple copies.

Importance of Ads for Online B2B Platforms

The b2b platform plays a significant role in online b2b marketing strategies. The platform is usually a website whose design should be customized and optimized having in mind the client (usually the user), products and/or service offered and the prospects of the company. If all this has been achieved, running ads on these online b2b platforms complements them. This article aims to explore and review the importance and significance of ads for online b2b platforms.

·         Online B2B Platforms Cannot Exist Without the Ads.

The ads act as the primary reason for existence of b2b platforms and are responsible for generating traffic. If your niche hasn’t been carved out, you’re likely to encounter significant competition. In order to build trust and customer base you should venture into running ads on online b2b platforms. Do this with great vibrancy and determination to avoid losing to competitors. Online advertising has proved more worthy to some businesses initially relying on physical and word-of-mouth advertising.

·         Enhances Brand Establishment and Company Exhibition.

Running positive campaigns can greatly enhance your efforts to establish your brand even before reaching out to clients. To achieve this it’s important that you consider how you interact with the client through ads at the first encounter with them. This initial encounter is very significant in determining whether you leave behind a good or bad impression and reputation of your brand. It’s imperative that you carry out extensive research on what exactly your clients really want. The nature of your website, quality of your content, channel and/or format of the ads is some of the areas that require thorough and critical focus.

·         Initiates The Building of Long-Term Relationships.

Business transactions on b2b platforms take quite some considerable amount of time. As such, immediate sales are rare and unlikely. Running ads in b2b platform gives you the opportunity to form relationships with clients based on trust that are capable of lasting for quite some time. This results to procuring from one particular supplier consistently and builds your customer base. The ads act as the initial starter of conversation which leads to the onset of the selling process. You should ensure that you build up trust with your clients. This guarantees a high likelihood for you to end up getting more consumers from your clients’ recommendations to their friends and family.

·         Online Advertising Keeps Changing Quite Often.

Even though the online ads industry has existed now for a couple of decades, significant changes are witnesses over short time periods. Over the past few years, there have been many significant startups in the ad tech world that have been highly successful. In order to make it in this highly competitive forum, it’s necessary that companies understand how to use existing platforms and have policies that are in support of the company reaping the future benefits.

·         Expenditure is Relative and Accommodating.

There is no fixed price for running ads on b2b platforms. The expenditure can be budgeted according to ones capabilities and spending abilities. This makes it ideal for both small and big companies to run ads. The main point is not how much you spend but rather how much impact your ads have. Social sites such as Facebook, Twitter, Instagram and others have been at the forefront for catering for these needs.

Tips for best wholesale suppliers: Selecting a genuine and reliable one for the business

The truth is that there are innumerous ways by which you can generate money from the web. But ost of the ways present involving selling of products and services. High speed internet and the latest and sophisticated gadgets and devices have made it possible to sell just about any products over the web effortlessly. But, the products that you wish to sell online needs to be legitimate and of good quality. Only then can you derive good number of buyers and increase your business appeal and income. You simply need to search for reliable and trustworthy wholesale suppliers, who can provide you with stocks in plenty from time to time, when necessary.

Earning money over the web made easy

You can have your own website or select one of those well established ecommerce sites to promote and display your products to online customers. With plenty of scams taking place on the web, you need to be careful when it comes to selecting a wholesale supplier.

Useful tips for best wholesale suppliers selection

With some tips for best wholesale suppliers, it becomes possible to choose reliable and trustworthy wholesale suppliers. You should try to select the supplier directly and avoid middlemen in the process, since there arise issues and problems by involving them during the trading process. As a matter of fact, most of the middlemen are known to increase the original prices and also charge unnecessary fees. All this only get included in the price of the products forcing you to sell at high rates and often lose out to competition.

Tips for best wholesale suppliers – Finding the legitimate ones

Using online directories

Online directories are excellent places for finding good and reliable wholesale suppliers. Usually, these directories include list of products given in alphabetical order along with respective suppliers. All products and suppliers found in the directory list are certified reliable and true.

It does take some time to find legitimate suppliers. A credible supplier is what should be desired, offering quality branded products. Choosing the right supplier is of utmost importance. A wrong selection may only spell disaster for your business. On the other hand, a well selected online wholesaler can change the way you conduct business, ensure more profits and take your business to the next level.

Using the tips, you can sure enjoy doing business with any number of products and get it sourced from reputed online wholesalers.

Tips and Advice to buy wholesale products for the business

It can be really lucrative and beneficial to start an online business. You can enjoy catering your products and services to the whole world. To achieve success, you need proper advice to buy wholesale products. You should always depend upon reliable and quality wholesale suppliers.

Tips to source products effectively and efficiently

• Selecting products: Products are required to start your business. But choosing the right products is not an easy task, be it offline or online. There is a need to select products enjoying high demand in the market. Visiting few e-commerce sites can help you to research on the popular selling items. Also, you can deal with products related to your specific interests and hobbies. You need to have in-depth knowledge of the product for convincing and selling it to your clients. Shipping and freight costs are also to be considered.

• Identifying the market: Proper and thorough research is an absolute must before selecting the product’s market. Niche markets are undoubtedly wonderful places to begin the research. The market should not be saturated and consumers should demand for such products at a premium. Only then can you enjoy deriving profits from your sale.

• Getting paperwork in order: Reseller and business license can indeed make a huge difference, while sourcing wholesale. Having papers in order can help you to source products at very low prices. What you require to start business is a state and local business license, federal license, seller’s permit and sales tax license. This is one of the best advice to buy wholesale products of good quality and low rates.

• Knowing with whom to deal with: You should try to understand the supplier type available in the market. Cheaper prices are offered by manufacturers, but you are to order in bulk to get the benefits. Distributors are somewhat more expensive, however, can offer extensive product range. Surplus can be eliminated by liquidators. This means, 70% off can be enjoyed with bulk purchases. Products can be accessed by importers across the globe. Drop shippers can prove to be a one stop shop, exclusively for logistics, delivery and packaging needs.

• Benefitting from web based wholesale supplier directories: Wholesale products can be found from the leading online directories. They offer thousands of listings on local and global legitimate suppliers. Also, they provide a wide collection of products like collectables, antiques, fashion, agriculture, art, carpets and rugs, grocery supplies, office supplies, etc.

Following the above tips and advice to buy wholesale products, can help you to get a great deal and enjoy huge profits.

Why social media is important for e-commerce business?

Why social media is important for ecommerce business? This is a question that is asked by majority of the business establishments from across the globe. Social network has been termed to be an important advertising form which has been growing exponentially in the last few years. This does help to generate excellent rapport with customers, while increasing positivity on the web. Organizations, both small and big are said to target social marketing to lure repeat customers.

Some social media sites popularly used by businesses

There have emerged several social media sites that have been enjoying using the popular social networks on the web. Some of them are Facebook, LinkedIn, MySpace and Twitter. For deriving effective and result oriented social marketing campaign, there is a need to register with any or all of the networking sites. Sharing sites also include Y!Video, YouTube, AOL Video, Metacafe, WordPress and Blogger. They are different social media forms which are available for businesses. Why social media is important for ecommerce? The answer to this is when used wisely and correctly, they can help in viral marketing the brand.

Things to do after creating an account with social median sites

It is necessary to target the potential audience, know their lifestyle, hobbies, interests and occupations. Also, it would be essential to know if there are present any region limitations for the product. Once the targeted audience has been selected, next, you should plan to create messages to be sent across. Then you should know things like what is desired for the guests, how to motivate them, guide them, motivate them, connect to them, etc. Contents are to be developed properly for reflecting the chosen purpose. Is the plan to market products for B2C or B2B consumers? The end objective in both the case, needs to be repeat visits and loyalty. How you would like to achieve this objective would vary depending upon your targeted audience group.

Knowing the significance of online marketing

Online marketing is different from traditional marketing. The content and the strategy needs to be genuine and in a friendly, conversational tone. Only if the content is well posted on the social media, you can attract people in huge numbers to come to your business seeking valuable advice and information. You should not act as a salesperson when promoting your business over the social media, but a marketer. The idea here is to ensure people to trust your brand, since they trust and prefer you as well as your online presence.

Social media platform gives you a new way to promote, introduce your brand or online marketing platform to your customers or new visitors. It gives you wings to interact with your daily visitors and inform others visitors about your business nature and multiple services your offer on a single platform.

Online wholesale vs physical wholesale: Knowing the difference

There are many people, who would like to know about Online wholesale vs physical wholesale. Online sales have increased in popularity in the last couple of years. Convenience of online shopping is attracting customers from across the globe. Online shopping can be in wholesale or retail form. As a product gets sold retail, this means, it is being purchased from a site or shop (B2C). In case, wholesale purchase is being made, then it means, it is the retailer making the purchase, who later sells it to their customers. The wholesalers offer their products to multiple customers (B2B) in huge quantities. Usually, such consumers get discounts from manufacturers and sell it at lesser prices to the retailers.

e-Commerce revolutionizing global business

In 2013, studies have revealed that global e-commerce has increased at about 19% rate. However, it also has been noticed that 85% of the consumers still use the traditional method for shopping their favorite products. This actually demonstrates that the preferred method is physical shopping experience. However, online sales are increasing rapidly. It will take some time before physical stores get replaced with the virtual counterparts.

Physical wholesale so far has been resisting online invasion. It is partial due to the strong relationship which retailers have been enjoying with their suppliers. It is this collaboration that provides both the parties with enhanced success. For instance, the retailer may provide a recommendation for specific suppliers against discounts on product order. Also, professional customers can enjoy having a physical showroom, where products are displayed can be seen and touched before buying them.

Online wholesale vs physical wholesale – How physical stores can resist from e-commerce?

Wholesale stores should try to keep pace with the changing purchasing habits. They also need to maintain face-to-face relationship with the customers and cater to their specific needs. It might include starting B2B company site to ensure that purchasers can browse their choice of products from their home.

It is necessary for wholesalers to keep themselves updated with the ongoing trends. They can make use of online tools to their benefit. For instance, a wonderful way to check popular searches is to use Google Trends.

To conclude, online and physical wholesalers do have their own weaknesses and strengths. To ensure being ahead in this highly competitive and techno savvy world, the physical wholesalers are to widen their horizon. A wide range of buyers can be satisfied by working both virtually and physically.

Physical wholesale stores are available in every city of every country but risk rate of the product is also high instead online wholesale e-commerce store are also available with multiple sellers and product variety, with a large number of users you get a wide range of product with quality and you can also compensate price to the seller.