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The world is changing the way they import and export goods. Around 90% of B2B service-providing companies experienced a sudden increase in their service demand. With the pace its trend is rising, it is safe to say that this is the best time to get yourself listed on B2B websites and get good reach before it becomes saturated. Especially when it comes to starting new businesses, having your presence on the top wholesale marketplaces is like having access to a global buyer directory for free. It does not matter what products you are selling or what trading terms you have, you either need to be on online marketplaces or you will be missing out on a lot of trading potential.
These are the top B2B portals export businesses should use in 2024 to grow their business.
Tradewheel.com is ranked among the top B2B marketplaces. The main reason for this is its growth potential, especially for new businesses. It is one of the few marketplaces that work on helping businesses grow on an international level. Despite what specific industry you are operating in, they have quite a decent customer base for all of them.
Tradewheel.com stands out among the rest of the marketplaces by making international trading quick and easy. Regularly, numerous purchase managers visit this marketplace and connect with relevant distributors. In only a few minutes you can post all your products and get them featured on a global level. Sellers who make full use of Tradewheel.com are the ones who know how to optimize your product and company page well. Other than that, they also have a support staff that can help you out throughout the process. In short, the growth potential on this marketplace is almost endless on this marketplace and it mostly depends on how you use it.
The growth potential on Tradewheel.com is almost endless and mainly depends on how you use it.
It is easy to post products and contact buyers on Tradewheel.com
They also offer premium membership to give you a boost in your growth in today’s highly competitive market.
Amazon is one of those few websites that need no introduction. They have a great buyer base for almost every product category from A to Z. With the speed Amazon is growing in popularity, there is always some room for new businesses to join this portal and get good-sized orders. What makes Amazon a great marketplace for wholesale product suppliers is the easy entry they have got. All you need to have a registered business along with a Passport and you can become a seller on Amazon.
Amazon has a success rate for sellers at about 70-85% It gets even better when you have some experience in the online selling industry and can come up with good marketing strategies. Also, instead of targeting a wide market, the best thing you can do to get some early sales on Amazon is to focus on a niche market. It would be better to rank and convert as well.
Amazon is commonly used in more than 100 countries and is also used as a price benchmark when making a wholesale purchase.
Buyers here are price-conscious and mostly make small to medium-sized orders
Having positive reviews and ratings is one of the most important factors for sellers.
Production units that buy heavy machinery or other industrial equipment, usually search from Thomasnet. It is mainly because of the reliable list of manufacturers and suppliers they feature. Their primary focus has always been on featuring verified suppliers with proper certifications and documentation for every claim they make. Therefore, it is considered one of the most trusted B2B portals in modern times.
The major chunk of buyers on Thomasnet are large-scale buyers and have consistent sourcing requirements. Getting your business listed on Thomasnet is a long process, but once you get featured there is a good chance that it will help you grow quickly. When posting your products or making company pages, you should consider adding all the slightest details as all of this can have a positive influence in the buyer’s decision-making process.
The major chunk of importers on Thomasnet are high-paying clients who may also pay more for goods that are better in quality.
Thomasnet focuses more on promoting medium to large-sized companies compared to newly launched businesses
After viewing the product details, most purchase officers also visit the company page before contacting the company. Thus, it is crucial to have all the details and certifications mentioned there as well.
When it comes to starting a wholesale exporting business, Alibaba is one of the first names that come to most minds. This marketplace is even more effective for small to medium-sized businesses. Even if you are starting out, you can list your products on this site and get featured in the global market. Importers from all across the world use it regularly to make bulk purchases. However, when it comes to reading consumer behavior, most buyers on this site prefer to buy goods that are lower in price. Most sellers believe that one of the biggest unique selling points you can have is to lower your per-unit prices.
Alibaba also offers premium services for businesses looking to get an edge over their competitors. You can also subscribe to their membership plans especially if you are new to this industry and looking to get your first few orders.
Manufacturers may find high competition in most product categories
Most importers place small-sized orders.
Focus on giving discounts and cutting prices to attract more buyers
India’s product exports across the world are increasing quite fast, especially in the last few years. One of the most significant roles in this growth is of TradeIndia. You can view it as a bridge between international importers and Indian-based exporters. It carries a comprehensive list of factories and manufacturers from all Indian regions. It primarily focuses on new and small-sized businesses. Manufacturers with unique or innovative products are the ones at the biggest advantage on this site.
TradeIndia currently features more than 20 million users and this number is only getting better over time. Using this marketplace would help you get good reach in different countries and also get some genuine leads. The way, TradeIndia is helping sellers to get good leads, it is a strongly recommended platform for all businesses to use especially companies that have low marketing budgets.
It helps India’s local suppliers to get exposure to the global market.
This marketplace has the best potential for businesses that have innovative products.
Agricultural products are their top-selling product category.
EuroPages helps global exporters to feature their European buyers. It is one of the most visited and trusted among European countries. Their trust in this portal is because of the strict verification policies they have for sellers. They verify the authenticity of the seller and make sure buyers can place their orders on this site with confidence. As this marketplace is available in 26 different languages, it is natural to be used in multiple European countries.
The factor that attracts sellers to list their products on EuroPages is the buying power of its users. Other than their buying power, EuroPages also has additional features such as safe payment, RFQ, verification, and other services which makes it easier for both parties to trade.
Listing your products on EuroPages is time-consuming.
Buyers on this site are not price-conscious and have good buying powers.
Most importers prefer to buy eco-friendly and ethically made products.
ECPlaza is a South Korea-based B2B marketplace. They carry a diverse list of exporters that offer different products at flexible trading terms. Plus, the product variety is only getting better over time on this portal. Therefore, there are several cost-saving and other opportunities available on ECPlaza. All you need to do is grab the opportunity and make full use of it.
ECPlaza is a more effective marketplace for small to medium-sized businesses. If you are also in search of buyers with small but consistent procurement requirements, ECPlaza can surely help you out. Also, the way it is gaining popularity, it is worth joining and investing your time on.
It is a fast-growing B2B marketplace with great growth potential
ECPlaza also shares market research, consultation, and other additional services to unleash your full potential as a company.
Most sellers find it less competitive to get orders as compared to other B2B portals.
When it comes to making bulk purchases, you can never neglect the significance of Made-in-China. This website has been a gateway for international buyers to find small to medium-sized factories in China. You can always expect to get great prices on this site even for goods that are simply the best in quality. No matter what product you are looking for, you can find relevant manufacturers for almost everything from A to Z. You only need to search for it and you will surely never be disappointed with the list you will get.
Over the years, Made-in-China has made a strong reputation among companies to make import and export easier. They also feature verified suppliers with the “Audited Supplier” badge. Yet they do not provide any safe payment gateway or take responsibility of scams. Thus, you need to take all the precautions by yourself.
Most buyers who used Made-in-China got lower-priced deals than other portals.
This marketplace is a one-stop destination for almost all products from A to Z.
The verified sellers here are labeled as Audited Suppliers.
SeeBiz carries more than 600,000 products from different categories with various specifications. It has gained quite popularity, especially in the recent few years. From common to rare products, they have a decent market size for most categories. The factor that attracts sellers to join SeeBiz as a seller is its easy procedures for posting products. In only a few minutes you can get your products listed. They also have a safe payment method which can help businesses to ensure businesses can make their deals safely.
The major chunk of sellers on SeeBiz work are newly started businesses looking to enhance their brand visibility digitally. They also share great market insights and data about their customer behavior and other attributes.
SeeBiz has a decent market size to satisfy new and small-sized businesses.
Product posting on SeeBiz is fast and simple.
It gives global exposure to sellers but mostly helps to get small orders.
Worldwide Brands primarily focuses on helping dropshipping businesses to start their business. On one side most well-known marketplaces discourage dropshipping, but it is one of the few portals that promote it. In over 20 years of their history, they have helped multiple companies find distributors that can match their exact requirements and helped them grow. Thus, you should also consider using it if you want to start your journey in the drop shipping.
Strongly recommended for new businesses looking to start out in the B2B industry.
It promotes dropshipping business model.
You can always expect to get comparatively lower prices than other portals.
The way online B2B marketplaces are gaining popularity, businesses of all sizes must have their presence on multiple sites. At least manufacturers should consider joining B2B portals that are free and easy to join. This approach would not cost much investment but bring a lot of growth opportunities. Over the years, the buying behavior of companies has changed a lot, and prefer to start their search for wholesale products online. Even if buying through traditional channels, they still use online sites as a price benchmark and are likely to switch their procurement from traditional to online practices. Thus, for companies that are looking to last long while being profitable having your business listed on B2B E-Commerce portals is a must.
