Long-term Cooperation and Mutual Benefit

Linyi Yonggu Wood Co., Ltd. was established in 2003 in Linyi, China's center for plywood. Our company specializes in the production of film faced plywood and commercial plywood. Our products sell well both in the domestic market and overseas market, including the Middle East, USA, and Europe.

In 2008, we became a Gold Supplier on Alibaba.com. From then on, we had more and more chances to connect with customers from all over the world. On Alibaba.com, we can display products, post Selling Leads and learn useful negotiation skills. After some time, we got more inquiries. We noted that the more products we uploaded to our website and the more often we updated our Selling Leads, the more inquiries we got. More and more inquiries gave us more confidence. We treated all inquiries seriously and offered exact quotations on time. That’s when the orders poured in.

Our inquiries come from all over the world, and we have made friends with some foreign customers through Alibaba.com. During communication, we introduce ourselves, explain advantages of our products, and also provide customers with detailed information on the packing, delivery and payment terms to make them fully understand our products and business procedures. Sometimes we suggest which specification is better for them. We treat every customer sincerely with the best service. Most of them give us test orders and then re-order more. Some even introduce us to other buyers. Now we cooperate with each other happily. Alibaba.com not only brings achievement and revenue to a company but also changes the way that a company exists, develops and grows.

We have been deeply impressed with the orders brought to us by Alibaba.com. We believe that Alibaba.com will bring more customers and benefits to us.

Source: http://news.alibaba.com/

Manufacturing Sector on the Road to Recovery

After witnessing a lull in industrial activity over the past 8-9 months, the manufacturing sector is finally showing signs of recovery. The SMEs in the industrial sector, which were anticipating a bleak 2009-10, are now heaving a sigh of relief as some segments in the manufacturing industry have posted moderate growth in 2008-09.

CII survey indicating positive signs

A recently released report by the Confederation of Indian Industry (CII)-ASCON has indicated slight moderation in the growth figures of some industrial segments in the second and third quarters of the last financial year.

Small manufacturing units engaged in the production of fertilisers, low and high-density polythene, pig iron, steel and mopeds showed marginal improvement during the second half of the previous financial year as compared to the corresponding quarters in 2007-08.

“Though the manufacturing sector has slowed down considerably on the whole, with most of its segments posting negative growth on a yearly basis, a few sectors have managed to clock modest growth figures during the second half of 2008-09,” commented K Nihalani, Director Adelina Investments, a mid-sized investment consultancy firm in Kolkata.

“Green shoots of growth have been observed by some small firms despite the challenging conditions,” added Mr Nihalani.

According to the CII report, SMEs engaged in manufacturing asbestos cement, switch gears, power cable equipment and capacitors reported robust growth. However, small businesses did not fare well in sectors like commercial vehicles, capital goods, distribution transformer, industrial valves, energy meters and motor starters, and posted negative growth for the second half of 2008-09.

“Last financial year proved to be a dismal one for auto component, machine tools and motor starters manufacturers as the demand in these sectors remained weak for most part of the year. However, contrary to general perception, some industrial segments have reported balanced growth, raising hopes for brighter prospects for this sector,” said A Ghosh, an executive working with Kamal Engineering Works, a small-sized manufacturer of engineering tools in Kolkata.

Though the manufacturing sector is slowly gaining momentum, small units need to stay on their toes and follow the market movements closely till a complete recovery happens.

Source: http://www.bestsyndication.com/?q=node/29690

JAZD & FierceMarkets Announce Global B2B Directory Partnership in Communications Market

JAZD, the leader in online B2B directory service platforms, announced today that they have expanded their partnership with FierceMarkets, a Questex Media Group company, to provide B2B buyers with the most comprehensive and effective online directories for the global telecommunications market.

JAZD directories deliver complete listings of companies and products, deep industry content, user ratings & reviews, geographical search, side-by-side product
comparisons, and downloadable product specifications, pricing and marketing literature, along with an array of social tools for users to share information and network with peers.

“JAZD’s goal is to provide FierceMarkets’ users with a productive and easy to navigate online experience allowing buyers and sellers in industry-specific directory environments to connect,” said Jamie Bedard, Founder and CEO at JAZD. “Our continued partnership with FierceMarkets adds an additional channel to their already comprehensive portfolio, promoting greater customer engagement with their brands.”

Taking advantage of JAZD’s robust directory platform, FierceMarkets will roll-out a new, telecommunications focused interactive directory in the early Fall of this year – FierceMarketplace: CommTech. Already a trusted voice in the industry, FierceMarkets is pleased to partner with a platform that provides innovative options to connect buyers and suppliers in the marketplace.

“Partnering with JAZD has helped us connect with our users in a powerful, interactive way,” said Sean Griffey, President at FierceMarkets. “The JAZD platform has proven to be more functional and flexible than a traditional directory solution. Now our users can publish not just basic listing information, but news and research, and engage with each other in real time.”

Source: http://www.pr-inside.com/

TAITRA Features Recession Beating Global B2B Tools on Taiwantrade

TAIPEI, Taiwan--(BUSINESS WIRE)--The Taiwan External Trade Development Council (TAITRA) features recession beating B2B tools on Taiwantrade. Designed to meet the rapidly changing requirements of global trading during challenging times, Taiwantrade provides instant access to B2B commerce tools to international small and medium enterprises who are members. Taiwantrade is going to launch a promotion to offer free memberships and elite bonus to all worldwide suppliers and buyers next week.

Essential tools include an electronic bulletin board showcases numerous buy and sell business opportunities posted by Taiwantrade members from around the world, and alerts for new products, biz exchange trade leads, new suppliers, special offers, and trade-related news. Taiwantrade also provides an extensive business and trade database. A personalized homepage will highlight exactly the information that was specified while signing up as a member.

Taiwanese companies play a major global role in supplying the world’s requirements in sectors such as electronics, communications, computers, auto parts, and motorcycles. Associations representing these industries work closely with Taiwantrade to enable global buyers and suppliers to obtain the latest information on products and manufacturing services offered by these Taiwanese enterprises.

In 2008, TAITRA organized 28 international trade shows, provided services to 10,072 local and foreign exhibitors. TAITRA updated a domestic suppliers' database that features more than 240,000 companies, and established a foreign buyers' database that includes more than 1.12 million companies. TAITRA provided enterprise-portal services over 30,000 companies, compiled 240,000 pieces of new electronic product catalogs, initiated 706,600 trade leads, and racked up 7,668,176 visits to the Taiwantrade and TAITRA websites. TAITRA also sponsored 68 promotional seminars concerning eMarketing, increased foreign company members by 27,364, and organized 23 international online trade shows. Plus, TAITRA arranged 915 purchasing tours for foreign buyers to come to Taiwan.

Mr. Yuen-Chuan Chao, the President and CEO of TAITRA stated that “The e-Procurement Site service of Taiwantrade helped foreign buyers and sellers create 54 global business transactions in 2008, of which value reached up to US$800 million. We are redoubling our efforts in 2009 to overcome the challenges of the difficult times. Taiwantrade is a major component in our strategies.”

With the B2B commerce tools on Taiwantrade, it has never been easier for worldwide buyers and sellers to locate online vital global trade information that exponentially increases business opportunities.

About Taiwantrade

Taiwantrade is an interactive e-business portal designed to provide small and medium enterprises (SMEs) with immediate access to B2B e-commerce activities, and to help them gain a digital edge over their competitors worldwide. Backed by a wealth of trade promotion resources and strong support from different trade and industry associations, e-marketplaces, and popular trade websites, Taiwantrade offers the utmost online trade and promotion services. Taiwantrade is sponsored by the Bureau of Foreign Trade under the Ministry of Economic Affairs and administered by the Taiwan External Trade Development Council.

Source: http://www.businesswire.com

Carpet Exporters on the Mat

The last year proved to be a dismal one for the Indian carpet export sector with business volumes shrinking drastically due to contraction in international demand as a result of the global recession.

In addition, unfavourable tax policies and lack of adequate aid from the government made matters worse for small-scale units dominating the sector. The market scenario has not changed much this year, and exporters of luxury items like floor coverings are anticipating a challenging year ahead.

Exports on a downslide

The total exports from the carpet sector plunged by 23.15% in 2008-09, dropping from Rs 3524.73 crore registeredin the previous financial year to Rs 2,708.73 crore in 2008-09. In dollar terms, carpet exports fell by 31% to $600.06 million for 2008-09 as against $875.71 million recorded in 2007-08.

“Dwindling demand in key western markets such as the US and Europe and liquidity constraints are largely responsible for the fall in carpet exports last year. Besides, low-priced floor coverings supplied by neighbouring countries like China, Pakistan, and Nepal rendered Indian small-scale exporters uncompetitive in the global market, leading to erosion of their profit margins,” comments P Kumar, proprietor of Milan Carpets Industries, a small-sized carpet firm in Gwalior.

With the demand in key markets showing no signs of revival, the first few quarters of the current financial year are also expected to be sluggish for the domestic carpet export sector.

“The first two quarters will be challenging for small-scale exporters in the floor covering industry. A recovery in the export market is likely to take place only in the second half of the current financial year or even later depending on global economic cues. However, we have sought government aid and are taking initiatives to bail out small units from the ongoing crisis,” says Ashok Jain, Chairman of Carpet Export Promotion Council (CPEC).

With prospects for the carpet export sector appearing bleak, SMEs in the industry are advised to tread with caution and turn their attention to new B2b Marketplaces like Brazil, Russia, South Africa and Commonwealth of Independent States (CIS) to boost their flagging sales. The carpet exporting units must also look at ways for enhancing their competitiveness so that they can come back stronger when the market rebounds.

Source: http://www.bestsyndication.com/