Monday, June 30

How to succeed in B2B trade: A checklist

1. Collect corner samples,sample books and price info with pictures from old factories, since you've been worked with those suppliers for so long when you worked as an employee. You may also develop some new factories as they may have lower price but the same quality.


2. Make advertisement on B2B like alibaba or popular searching engine like google,kilim search, ect. Recommend yourself on the net is relatively economic to lower cost when your company's not so big at the beginning. To ensure your products info in the advertisement are correct,detailed,attractive. Buyers will come to you by these advertisement. You could also look for buyers on the net actively. It'll be best if your previous clients wanna do business with you even though you've left the previous companies. Yet, I don't suggest that because it's not good if your previous company treats you well. More important, you must be clear if your clients had good relationships with you in previous work, mostly because they trust your company and the products which you may not be strong enough to compare with now when you're boss yourself. Find the proper buyers! Big buyer maynot be the most propriate one for you!


3. Fix your aim buying groups and markets and recommend different quality and price accordingly. Please be sure to make prompt and responsible reply to every clients. Making records of all the inquiries and analyse who and where your products attract more. Adjusting your aim market and buyers according to your experience and new discoveries through the inquiry records.


4. Keep creating new designs, new quality, and new process. For textile industry, I believe excellent designing staff help a lot for your company development. Good sales are also very very important.


5. Keeping eyes on your local market to see where you are among competitors. Try to ensure yourself own at least 2-3 advantages all the time. Maybe your advantage's in the price, maybe in the quality, maybe in designs, maybe in service. Anyway, the more advantages you have, the more competitive you are.


6. Be cautious when quoting price and fixing payment terms.


7. Last but not the least, keep promise to both customers and suppliers. Good credit helps you to get more good clients and suppliers.